Free zone company setup in UAE

HLB HAMT

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HLB HAMT - Accounting Firm in UAE

Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com

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    You can set up your business in one of Dubai’s free zones and engage in domestic and international trade. Dubai Freezone Company Formation enables all nationalities to own 100% of their companies, which enhances the working environment and increases foreign investment.

    Formation of a business in the United Arab Emirates with an experienced service provider can make free zone operations simple due to their expertise and proficiency in this area. HLB HAMT can assist you with setting up a free zone business in the United Arab Emirates by expediting the entire registration and administrative process so you can concentrate on expanding your enterprise there.

    Benefits of Company Formation in the Dubai Free Zone

    A free zone company adheres to the rules and laws of the free zone. Following are some advantages of company formation in a UAE free zone:

    • Immigration laws and labor hiring requirements are straightforward.
    • Reliable and efficient communication are available.
    • Income taxes for both businesses and individuals are excluded.
    • The quality of logistic support has increased.
    • No requirement for a local partner or sponsor.
    • Licensing diverse activities.
    • Sufficient and reasonably priced energy.
    • 100% business ownership
    •  No currency limitations

    Major Free Zones in Dubai

    Your intended type of company activity will determine which free zone is best for you. The following list includes the main free zones where we may assist you in starting a business.

    JAFZA

    One of Dubai’s newest and most desirable free zones, the Jebel Ali Free Zone (JAFZA), provides international facilities for logistics and general trade.

    DMCC

    The appropriate commercial district for Dubai and the United Arab Emirates is the Dubai Multi Commodities Centre (DMCC).

    DAFZA

    Numerous businesses from a variety of industries call the Dubai Airport Free Zone (DAFZA), one of the most well-known and rapidly expanding free zones in the city, home.

    DIFC

    A free zone in Dubai called the Dubai International Finance Centre (DIFC) enables businesses to hold all their assets. It is to assist Dubai in achieving its strategic objective of fortifying its financial resources and enticing money and investment to the region.

    IFZA

    International Free Zone Authority (IFZA) in Dubai offers Free Zone Permits based on customizable company setup options. It also provides cost-effective packages, quick service, and a current comprehension of standards and procedures to ensure that the clients’ businesses are on solid foundations.

    Meydan

    Meydan Free Zone in Dubai provides affordable choices for business setup. Businesses from all over the world come to the Meydan free zone in great numbers.

    SAIF

    Businesses wishing to establish a presence in Dubai have a wide range of possibilities at Sharjah Airport International Free Zone (SAIF). They provide some of the region’s most alluring commercial advantages, like quick service and simplicity of use.

    South of Dubai (Dubai World Centre)

    The Middle East, Africa, and South Asia are linked through the Dubai South free zone, officially known as Dubai World Central.

    Dubai’s Silicon Oasis

    A government-owned free zone, the Dubai Silicon Oasis Authority, supports and promotes cutting-edge technology giants.

    What are the steps for starting a business in a free zone?

    The UAE’s expanding economy is influenced by its free zones. The UAE alone has several free zones that significantly advance the economy. Two different business formations are established in a free zone:

    • Free Zone Establishment (FZE)
      FZE is a limited liability business with just one stakeholder.
    • FZE is a limited liability business with just one stakeholder
      An FZLLC is a limited liability company (LLC) with a maximum of fifty shareholders.

    Business setup in the UAE Free Zone involves the following steps

    It is much simpler to launch a business in a free zone. Free zone administrators only require a minimal amount of paperwork and time. Below are the steps for starting a business in a free zone.

    • Determine the legal entity’s commercial activities.
    • Should come up with a name
    • Fill out an application for a business license.
    • Decide on a place for your office.
    • Preparing articles of association and memorandum
    • Bring your business proposal to the meeting along with the completed application.
    • Obtain government approval before registering your company and submitting a licensing application.

    Documents Needed to Establish a Free Zone Company in the United Arab Emirates

    • For individual stockholders
      • Copies of shareholders’ passports.
      • Passport copies of the manager, director, and secretary
      • Resumes of shareholders and managers.
      • Reference letter from a bank (for selected jurisdictions only).
      • Utility bills of the secretary, manager, director, and shareholder.
    • For Corporate Shareholders
      • A copy of the license
      • Certificate of incorporation or registration.
      • Memorandum and Articles of Association.
      • Board resolution requesting the incorporation of the entity.
      • Certificate of Incumbency
      • Good Standing document

    All the documents listed above, from 1 to 4, must be attested by the UAE embassy abroad. Various jurisdictions may demand additional documentation. UAE offers more free zones than ever, making doing business there more attractive. UAE’s free zones provide a controlled and secure business environment where a wide range of corporate operations are allowed.

    They enable new businesses to grow faster, promote foreign investment, and strengthen the economy, paving the path for UAE free zone businesses. Additionally, it enables you to take advantage of a wide range of benefits, including no corporate or personal taxes, several import duty exemptions, adaptable reporting procedures, and opportunities for full ownership. HLB HAMT offers Freezone Company Setup in UAE to flourish your business.

     

     

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    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
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