Dubai's Free Zone

A Step-by-Step Guide to Getting Started in Dubai’s Free Zone in 2022

Is it possible for you to create your own business in a Dubai’s Free Zone?

Decide what kind of company you want to run first. Will you start your own business? Or set up a company in a free zone and hire other people.

Going to set up as a freelancer can be cheaper, but not all of Dubai’s free zones give out freelance permits, so you’re a little limited in what you can do. While for the free zone company choice, there’s a lot to choose from, with both sector-specific and all-inclusive zones to choose from.

This guide will show you how to start your business in a Dubai’s Free Zone.

1. Decide What Kind of Business You Want To Do (Or Activities)

The first thing you need to do to get your Dubai free zone business up and running is to figure out what kind of business you want to do. It will help you figure out where you can register your company. It will also affect the type of license you apply for. You might want to apply for a professional services license or a commercial one if you want to run a business.

What should I do next?

While writing down all the things you want to do may seem like a lot of work, keep in mind that many Dubai’s Free Zone allow you to do many different things under the same license.

You should work with a business registration expert at this point to make sure the process goes smoothly. Dubai has specific rules about what activities can be done under which licenses.

2. Find a Free Zone

You’ll need to figure out which free zone is best for your business after figuring out what you’re going to do.

What should I do next?

The first thing you need to think about is whether or not you want to set up shop in a sector-specific free zone. In Dubai, there are free zones for different industries. These free zones are called “industry-specific free zones,” and they help businesses in those industries.

There are also a lot of bigger free zones that you can choose from. People can do many different things in free zones like Dubai South and the DMCC.

You also need to think about where your free zone will be. If you make a lot of international trade or travel, you should also think about how close you are to both ports and airports and how easy it is to get to major highways.

3. Choose a Business Name.

It’s hard to pick a name for your business no matter where you start it.

There are many things to think about, from the emotional to the practical. Does your name, for example, make people feel something? If so, what does that say? Reliable? Classy? In the United Arab Emirates, there are also other things to think about when naming things.

What should I do next?

It’s important to make sure the name you choose for your business in Dubai can be registered. A company set-up expert can do this for you quickly. There are also rules that the name must follow, like not using blasphemous language or mentioning religious or political groups.

Another thing to consider is whether or not you’d like to name your company after a certain person: A partner and shareholder in your business must be that person. Only full names can be used instead of initials or abbreviations, and they must be full names.

4. Fill Out Your Application for a License.

The time has come to make your Dubai free zone business setup official by submitting your application. You’ve already decided what you want to do, where you want to do it, and under what name you want to trade.

What should I do next?

The documents you need to start a business in Dubai’s free zones will depend on the type of license you want and the free zone you choose. Prepare for some or all of the following:

  • If applicable, a color copy of the shareholder’s passport and visa.
  • Application form
  • Business plan
  • Board resolution
  • Memorandum and articles of association

When you start a business as a freelancer, you may also be asked to show proof of invoices or work orders that you have done.

5. Do Is Apply For Visas.

It’s also possible to start getting a visa at this point. To get a visa, you can do it for yourself and your workers and any domestic staff you might have.

What should I do next?

Even if you’re supporting someone else’s visa and are applying for your entrance permit, status adjustment, and medical fitness exam, then Emirates ID registration and visa stamping.

The same person can help you with this part, too.

6. Opening a Business Bank Account.

To trade, you’ll need a bank account. Getting a business bank account in the United Arab Emirates isn’t always easy, and there are many things to keep in mind, not least of all the rules each bank has in place.

What should I do next?

To begin, ensure you have all of the necessary paperwork in order. As well as your business license, you’re likely to need these things as well:

  • A form for opening a business account
  • A resolution from the board of directors is approving the opening of the account and the names of the people
  • who will sign the account. A copy of your company’s certificate of incorporation
  • A copy of the certificates shows that you own a share of the company.
  • A copy of the company’s memorandum and articles of association
  • All the passports for all the people who work for the company.

After that, you’ll need to pick a bank institution to deposit your money into. A company formation expert can help you with this. They can help you choose the best bank for your needs.

When You Set Up a Business In Dubai, It’s Easy.

And that’s it. It’s that easy. A Dubai’s Free Zone only takes six steps to start. So, of course, there are risks to be aware of, like any business decision. You can, however, start your own business in just a few weeks if you go into it with your eyes open and get the right help and advice.

Sometimes, it may be possible to register your company without going to the United Arab Emirates at all!



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