UAE Free Zone

UAE Local Market is called Mainland and consists of all areas which are accessible to all local traders, distributors and suppliers. These areas do not come under any free zone designated for international import and export business. All Licenses in Mainland Area are issued by the respective Emirate’s Department of Economic Development (DED) and the available licenses are as per the related categories of the business. DED issues the trade license under following categories.

Like UAE Mainland, Free Zone offers same license categories as Commercial, Professional and Industrial Licenses but the objectives differ or such companies for the following reasons.

  • 100% foreign ownership is allowed.
  • Exemption from all import duties
  • 100% repatriation of capital and profits.
  • No Physical Office required. Free Zone offers smart office facility which is actually a flexi desk available in the business center of the respective free zone authority and it comes with a “plug in and go” option to facilitate new entrants a cost-effective option on the incorporation costs.
  • Freedom from corporate taxation, (zero percent as applied throughout Dubai), with the added bonus of a renewable 15 years guarantee in the free zone.
  • Abundant inexpensive energy.
  • Simple and efficient recruitment procedures ensuring the availability of a competitive skilled and experienced workforce.
  • A high level of administrative support from the Free Zone Authorities.
  • UAE Resident Visas allowed.

Ownership structures are defined by all the respective free zone as follows:

A Free Zone Establishment – or FZE

FZE an establishment formed and registered within the Free Zones and regulated solely by the Free Zone authorities. A FZE need only have a single shareholder and is an independent legal entity. Any company, organization or individual wishing to form a Free Zone Establishment must submit a completed application to the Free Zone authorities.

A Free Zone Company/Limited Liability Company – or FZC/FZ-LLC

Free Zone Limited Liability Company (FZ-LLC) A FZ-LLC is an independent legal entity, with individual shareholders, corporate shareholder(s) or a mixture of both individual and corporate shareholders. Free Zone Company is similar to FZE . However, Free Zone Company (FZC) allows multiple share holding (maximum 5 shareholders).

Key Free Zones in UAE

Dubai Free Zones
Dubai Airport Free ZoneDubai Biotechnology & Research ParkDubai Gold and Diamond ParkDubai International Financial Centre
Dubai Motor CityDubai Flower CentreDubai Healthcare CityDubai Internet City
Dubai Knowledge VillageDubai Maritime CityDubai Multi Commodity CentreDubai Silicon Oasis
Dubai Logistics CityDubai Media CityDubai Outsource ZoneDubai Studio City
Dubai Sports CityEnparkInternational Humanitarian CityInternational Media Production Zone
Jebel Ali Free ZoneTechno ParkDubai South Free ZoneDubai Industrial City
Dubai Logistics CityDubai Academic City
Abu Dhabi and Rest of UAE Free Zones
Abu Dhabi Airport Free ZoneAbu Dhabi Ports CompanyMasdar Citytwofour54
Khalifa Industrial ZoneUmm Al Quwain Free Trade ZoneAJMAN Free Zone AuthorityFujairah Creative City
Fujairah Free ZoneHamriyah Free ZoneRAK Free ZoneRAK Investment Authority
Sharjah Airport Free ZoneZonesCorp

AYLIYAGLOBAL Services related to Free Zone Company Formation includes but not limited to:

  • Consultancy on Company Incorporation Procedures
  • Trade name reservation & approval
  • Drafting, Legalization and Initial Approval from Free Trade Zone.
  • Drafting and Legalization with Ministry of Economy
  • Renting out Commercial Facility if required (i.e. Shop, Office, Warehouse)
  • Signing the lease agreement of Smart Office and Commercial Facility (i.e. Shop, Office, Warehouse)
  • Documentation, Legalization and Registration of company with Ministry of Immigration (DNRD)
  • Introduction to Banker for opening Bank Account
  • Visa services, emirates ID card etc – (Advise only)

Take an Expert Advice

Get in Touch with us!