Start A Business in Dubai Free Zone | Alpha Equity Management Consultancy

1. How To Start A Business In Dubai Free Zone We have heard it again, and it is true that Dubai has one of the largest and best markets to offer. The Dubai Market has been one of the most desirable business markets for young business enthusiasts who want to start a new business. Establishing a new entity in the Dubai Free Zone has become considerably easy with new provisions brought out by the government over the years.

2. What Is A Free Zone In Dubai? Free Zone in Dubai is a special economic zone where an investor gets special tax-free status and desirable trade conditions where any investor can start his/her business quickly. No restrictions on a sponsor or an agent are there. You must remember that free zones and offshore companies are not the same. Lots of people get confused over this fact. Free Zone companies are onshore firms that can carry out their business in Dubai. Meanwhile, offshore companies are set with the aim to set the base of operations outside the registered place. There are almost 69 Free Zones in UAE, and new ones are regularly being introduced. The number of companies in a free zone is rising daily and is progressing really well. There are many advantages to setting up the firm in the Dubai Free Zone if you know the rules and regulations and can follow them. Even the process of setting up the firm in the free zone gets very easy if you know all the rules and regulations.

3. You can start a Free Zone Business In Dubai in very simple steps: Type Of Company You must determine the kind of legal entity you want to establish. You can select from two types of companies named Free Zone Ltd. Liability Company and Free Zone Establishment. Many Free Zones allow only one type of the above-mentioned entities. So do your research and keep this factor in mind before making the decision to set up a firm in the Free Zone. Company’s Name Talking about the type of the firm, you should also decide on the name of the firm and ensure that you are not infringing any copyright law while naming the firm. You should get the name checked by the department of Economic Development.

4. The name of your entity must not violate any moral code of the county and must be in accordance with the company's legal form. The entity's name must be unique and not be registered by someone else before. Business License After determining the type of entity and the name of the firm, you need to apply for the firm's business license. You must apply for the license according to the kind of business you want to pursue in the free zone. You can choose from various fields to initiate your business, including financial, education, retail, hospitality, media, marketing, legal, etc. Obtaining The License After applying for Business License, you need to submit some required documents that will be demanded of you from your respective free zones. Once you have submitted all the documents and have finished all the formalities, you will obtain the license to practice your business in Dubai Free Zone. This was your guide on How To start a business in Uae Free Zone. As mentioned earlier, establishing a business in Free Zone is a very good idea and has lots of advantages for the investors. Visit Us Today: www.alphaequitymc.com