{"id":45459,"date":"2024-01-13T19:28:29","date_gmt":"2024-01-13T17:28:29","guid":{"rendered":"https:\/\/worldpointdubai.com\/establishing-a-company-in-the-free-zone\/"},"modified":"2024-01-19T02:30:50","modified_gmt":"2024-01-19T00:30:50","slug":"establishing-a-company-in-the-free-zone","status":"publish","type":"page","link":"https:\/\/worldpointdubai.com\/en\/establishing-a-company-in-the-free-zone\/","title":{"rendered":"Establishing a company in the free zone"},"content":{"rendered":"

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Itqan provides you with all the requirements to establish your company in Dubai. Your residence and commercial registration in Dubai in only three steps<\/strong><\/p>\n

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The UAE now enables investors from all over the world to open and establish companies with ease. This is thanks to the free zones that the UAE provides within its borders. Entering the business market in the Emirates through free zones may shorten a lot of trouble and unlimited routine, as happens in many other countries. As the free zone is considered as a safe passage gateway to the UAE labor market with all professionalism and professionalism.<\/p>\n

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There is also a very important attraction factor in attracting investment to the UAE, which is the lack of taxation on personal or corporate income. Which makes the UAE a global destination for business investment. To further attract investors, The state has passed a law to regulate the work of free zones in the Emirates so that investors can avoid any legal complications in the future. All investors must look at all aspects of the law and study it thoroughly before starting to make any investment decisions, as the United Arab Emirates does not allow any manipulation or negligence in applying the law.<\/p>\n

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Constant knowledge of business and corporate laws is one of your duties as a business owner in the UAE. In order to keep up to date with developments, And avoid any situations that may negatively affect your facility, Among those systems are the systems that govern practical activity. and consumer rights systems, intellectual property rights and systems that protect your rights, and the rights of employees and workers in your facility, and economy in the various emirates of the country, health, environment and safety systems, And regulations for free zones or specialized economic zones. and regulations for the geographic regions in which it operates, Both areas of development departments.<\/p>\n

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In addition, the laws concerned with regulating business and economic activities are generally applied to free zone companies. Except for Federal Law No. (2) of 2015 regarding commercial companies, which applies to commercial companies established within the country. Free zone companies are bound by the laws related to the type of economic activity in terms of its practice. property protection, health, safety and environment systems, In addition to the applicable instructions in the concerned free zone. In this, it is possible to rely on a company to help you facilitate the procedures for establishing companies, such as Itqan Company, which will provide you with legal and financial advice, In order to advance the work and accelerate its pace.<\/p>\n

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In cooperation with<\/span><\/h3>\n

+60<\/span> government agencies<\/h2>\n

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Why should you open a company in the free zone?<\/h4>\n

The United Arab Emirates announced that companies that are established in free zones within the borders of the UAE have special treatment and differ from companies that are established in any other region within the borders of the territory of the United Arab Emirates. The free zone has many advantages that made it different from other places, as it is characterized by:<\/p>\n

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  1. Tax exemption on all commodities and companies in which they are established.<\/li>\n
  2. exemption of goods from customs duties, Which makes the price of all things lower than their counterparts in other regions.<\/li>\n
  3. Ease of procedures for establishing companies<\/li>\n<\/ol>\n

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    The United Arab Emirates includes many specialized economic and industrial free zones. Among the most famous of these areas, for example, but not limited to, is the Jebel Ali region in the Emirate of Dubai, which is considered a global hub thanks to its central location between east and west. Being the navigation stopping point for world trade traffic, In addition to Khalifa Industrial City (Kizad) in the Emirate of Abu Dhabi, which is one of the most prominent industrial cities in the world. a center for industry, logistics and trade, Thanks to its wide area and strategic planning methodology, And many other industrial areas in the rest of the United Arab Emirates, Noting that the Higher Corporation for Specialized Economic Zones is the largest operator of free zones in the Emirates.<\/p>\n

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    The UAE is trying to enhance its popularity with global buyers, entrepreneurs, start-ups and the best talent markets around the world. It strives to facilitate business creation by removing existing barriers and opening up the economy, And push the country into a stronger position as it prepares for the next 50 years.<\/p>\n

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    Establishing a company in the free zone
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    The UAE is characterized by more than 40 free zones, in addition to some areas that are being established. Therefore, establishing a company in the free zone is one of the difficult things facing the investor, as it is difficult to choose between many regions. Therefore, Itqan Company, through its great experience in business management, With the help of many investors in choosing the appropriate free zone for their commercial activity, it also helps in establishing and establishing the company in the free zone in the least time and with the lowest costs.<\/span><\/p>\n

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    What types of companies can investors establish in the United Arab Emirates?<\/b><\/h3>\n

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    It should be noted that investors wishing to establish these types of companies must own a partner who is a citizen of the country (the United Arab Emirates) or a citizen of the Gulf Cooperation Council countries, There are many types of these companies available for incorporation in the United Arab Emirates as follows:<\/p>\n