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Things You Should Know
- Free Zone License
- Mainland License
- Offshore License
- Commercial License
- Professional License
- Industrial License
- Tourism License
A free zone license offers businessmen a plethora of opportunities, such as tax benefits and 100% ownership, which makes acquiring a license beneficial. The type of business activity varies with the free zone jurisdiction, as each free zone is assigned a set of business activities.
- Free zone licensed businesses enjoy tax exemptions, including corporate income tax and personal tax.
- Goods imported from the free zone jurisdiction are exempt from taxes.
- Businesses with a free zone license are restricted to operating only within the free zone or internationally.
Mainland companies are business entities that are allowed to function and operate within the boundaries of Emirati jurisdiction that come under commercialized geographical regions. Obtaining a mainland license will be a lucrative option for investors and entrepreneurs.
- Non-GCC nationals require a local sponsor or service agent to obtain a mainland license.
- Companies that own a mainland license can bid for government contracts and projects.
- Businesses can own or rent office spaces anywhere in Dubai.
Offshore companies do not require an offshore license to operate. Most companies only require a Certificate of Incorporation. As licensing is not required for offshore company formation, the company incorporation procedures can be easily accomplished.
- There are two types of licenses: General License (Class A) and restricted license.
- They have stronger privacy protections and maintain high levels of confidentiality in banking-related matters.
- The regulatory requirements are less strict when compared to mainland jurisdictions.
A commercial license is required to buy or sell commodities. This type of license is to be procured if you intend to conduct trading activities in and out of Dubai or the UAE.
- The license covers a variety of activities, such as electronics trading, specialized trading, and more.
- Foreign investors with a commercial license in the free zone can own 100% of their company.
- Businesses that own a commercial license have access to government services and tenders and can engage in government projects.
Individuals who specialize in a particular field could acquire a professional license for their ventures. Companies that offer services such as consulting, accounting, healthcare, and more would also need to acquire a professional license to conduct their business activities.
- With a professional license, you don’t require a local partner to own a majority stake in your business.
- A professional license increases business credibility, allowing you to generate goodwill among clients and customers.
- It is a cost-effective option for businesses, and you get 100% foreign ownership.
Industry-oriented companies would need to acquire an industrial license to conduct business. Some of the prominent business activities that make use of industrial licenses in the UAE are aluminum manufacture, the oil and petroleum industry, etc.
- Industrial licenses are usually required for fields such as hazardous chemicals, defense equipment, and industrial explosives.
- These licenses have specific operational restrictions.
- Industrial licenses are used as a tool for economic development.
The tourism industry in Dubai has been booming over the years. Acquiring a tourism license could potentially be a profitable venture for those deciding to establish themselves in the travel and tourism sectors of the country.
- There are three types of licenses available: Inbound operator licenses, outbound operator licenses, and travel agent licenses.
- A tourism license increases the credibility of the company, encouraging people to choose the business.
- This license allows 100% expatriate investment, making it a flexible option for foreign investors.
Schedule forSchedule forKhawajaasif Shehzad
Very cooperative and professional staff.. I'm very thankful to Mam Reshma for assisting me and guiding me through every single process.
Arun Iyer
From the moment I engaged with Kiltons, I have been consistently impressed with their commitment to customer satisfaction. The staff members have been not only knowledgeable and professional but also incredibly attentive to my needs. They have gone above and beyond to ensure that my experience with their services has been seamless and enjoyable.
Yadhu krishna
Our experience with Kiltons Business Set-Up Services has been remarkable,We are grateful for their expertise and support.A special shoutout to Pravya and Vincy for their exceptional support and professionalism. Highly recommended!
Ras Media
Their services are of the highest quality, and I want to specifically acknowledge the excellent support from Pravya and Vincy. Thank you for your great service.
Faisal Al Neela
KILTONS exceeded my expectations! Their service is top-notch, and I couldn't be more impressed. Tania, in particular, deserves special recognition for her professionalism and efficiency. She patiently addressed every question I had and ensured the entire process was completed swiftly. I highly recommend KILTONS to anyone in need of business setup services in UAE.
Husam Aamer
I highly recommend Kiltons for anyone looking to start a business in Dubai. We recently used Kiltons to set up a business in Dubai Meydan FZ, and it was a breeze. They handled everything from registration to partners resedency and bank accounts with ease. What stood out was their responsiveness; they were always there to answer my questions. A big thank you to Tania for her invaluable support.
Mohd Shams Alam
I engaged with Kiltons, I have been consistently impressed with their commitment to customer satisfaction. The staff members have been not only knowledgeable and professional but also incredibly attentive to my needs. They have gone above and beyond to ensure that my experience with their services has been seamless and enjoyable.... true business consultant.
Teja Alapati
Approached Kiltons for forming a free zone company ,the entire process was an absolute breeze. Miss Reshma was very helpful and a delight to work with. Our company was setup within 4 days , zero hassle involved. Would highly recommend Kiltons for anyone looking to do business in the UAE.
Shaila salim
Kiltons exceeded my expectations with their exceptional business setup services. Knowledgeable staff and personalized assistance made the process stress-free.
Aamiya Ebrahim
It was such a wonderful experience all the staff were well trained and they are treating the clients as one among them. it's very easy to approach and clarify all doubts with them. The patience and support offered by them are really appreciated.