Free Zone Licenses in Dubai
Business establishments irrespective of their legal structure and size requires a valid trade license to conduct their operations in any of the UAE Free Zones. The Dubai Freezone Licenses issued include:
Professional License – For service-oriented firms and consultancies.
Industrial license – For manufacturing firms, import and export companies
General Trading License – the investor can make use of the General Trading license to trade a wide category of goods and commodities.
Warehousing license – the investor may acquire this license to meet the various warehousing requirements like storage and distribution.
Free zone companies are allowed to conduct business transactions within the limits of Free zone and abroad. There are certain restrictions to conduct business transactions in the Dubai mainland. Free zone companies that hold a commercial license should seek the service of a distributor to conduct mainland or local operations.
Kiltons can guide you throughout the entire Dubai Freezone Company Formation procedures. Kiltons is a registered business consultant based in Dubai serving clients for more than a decade. Feel free to contact Kiltons team of consultants for additional support.
Estimated Cost of Free Zone License in Dubai
The total cost involved in Dubai Freezone company formation will include license fee, registration fee, visa charges and other similar fees promulgated by the authority from time to time. The charges for business setup in Dubai free zone that we mention here are for reference purposes only. You may contact us to know about the latest Dubai freezone license cost.
Each Free Zone has its policies and regulations. The validity of the business license and the stipulations will depend on the Free Zone. Normally, a Freezone license in Dubai is valid for 03 years.
Free Zone License Cost
The type of license you seek has a direct implication on the total cost. It will differ according to the type, viz. General Trading, Commercial, Industrial, Service and so on. Generally, the freezone license Dubai can cost around AED 10K to 50K.
You can opt to establish a Free Zone Company (FZC), Free Zone Establishment (FZE), Branch of a Foreign Company, or Branch of a UAE Company at the Free Zone of your choice. Consequently, the registration formalities and various charges will change. Freezone Company registration will cost you around AED 15K to 50K.
Costs for Office Space and Commercial Space
You can choose from a variety of office spaces available, viz. fully furnished office, Flexi-desk, serviced office space and so on. It is ideal to select the official and commercial according to the type of business activity and the type of business setup in Dubai free zone you are planning, size of the business entity, period of business and similar aspects. It may cost you around AED 20K. Talk to us for renting or leasing a cost-effective and budget-friendly office space.
The number of visas authorized for each firm is directly proportional to the size of the firm. The authorities may charge you approximately AED 5K for a visa per person. However, the visa processing for a Free Zone company in Dubai is quicker than a Mainland Company.
Free Zone Options in the UAE
The Free Zones available in the UAE are appended below. You can decide the Free Zone that will be productive for your business and company formation in Dubai freezone.
Dubai World Trade Centre (DWTC) – This is one of the most regulated business regimes, which will support the growth of your business.
Dubai World Central (DWC) – The second largest Free Zone in Dubai, DWC offers ample opportunities for trading, manufacturing and warehousing business operations.
Dubai Creative Clusters Authority (DCCA) – Aiming to provide exclusive support to media and entertainment, this Free Zone was established in the year 2000. It is a cluster of 09 segments serving creative and intellectual industries.
Dubai Multi Commodities Centre (DMCC) – Recognizing the credibility and conducive aspects, there are more than 11200 companies operating in this Free Zone jurisdiction. Firms in the trading and service sector choose this domain.
Dubai International Financial Centre (DIFC) – Strategic placement of this Free Zone makes it more favourable for business growth. This zone was established in 2002 and it’s considered as one of the most reliable business jurisdictions.
Dubai Airport Free Zone Authority (DAFZA) – One of the most advanced business jurisdictions, DAFZA, established in 1996, has been pivotal in the growth of many entities carrying out business in the import and export sector.
Dubai Silicon Oasis (DSO) – DSO has infrastructure facilities for technology-based institutions and business firms. This completely planned Free Zone is the best for technical establishments.