Dubai is one of the most important investment places, and therefore many people want to know the cost of a commercial license in the Dubai Free Zone, as the UAE is among the best global markets that every person aspires to to do successful business, due to the diverse economic opportunities and encouraging investment environment that the city provides, so it is considered It is one of the most important sites that many seek to implement their investments in.
Cost of a business license in Dubai Free Zone
The Dubai government aims to facilitate the licensing process for companies in the city. The cost of obtaining a commercial license in the Dubai Free Zone has become a matter of great concern to many.
In order to achieve the economic development vision of facilitating the establishment and expansion of businesses. This process has been simplified and accelerated in an unprecedented way.
When individuals residing in the Emirates wish to establish an economic institution. Whether an individual institution or a company, in the Emirate of Dubai. They are obligated to register with the Department of Economic Development.
This is one of the services that Tasyeir Company provides to all customers without the need to go to government agencies and waste a lot of time and effort.
Our company provides the opportunity to register and license institutions in Dubai. And works to facilitate this process comprehensively, in addition to obtaining business licenses.
Please note that the cost of a business license in the Dubai Free Zone may vary depending on many factors, such as the type and size of the planned business activity, and the location of the free zone.
What are the types of commercial licenses in Dubai?
Dubai is characterized by a distinguished strategic location, strong infrastructure, and increasing stability. In addition to the availability of many facilities and services.
In order to be able to establish a business in the United Arab Emirates, especially in the free zone in Dubai. You must also obtain a commercial license. And the following are the types of licenses available in the free zone:
Commercial licenses:
This license is available to companies operating in the field of general commercial or specialized commercial activity. As well as, the procedures for obtaining a commercial license in Dubai are easy, simple and fast.
Industrial licenses:
This license allows practicing industrial activities and manufacturing products.
Professional licenses:
This license covers various professions and services and includes merchants and specialists in their fields.
Tourist licenses:
These licenses allow the provision of services related to tourism and hospitality within the United Arab Emirates.
Individuals and companies can choose from these different types of licenses according to their business activity and special requirements. These licenses provide a favorable environment for business and enhance the chances of success and expansion in Dubai. You can contact the services of administrative work Tasyeir company to obtain licenses very quickly without putting in effort.
Establishing a company in the Dubai Free Zone
After learning about the cost of a business license in the Dubai Free Zone. You must know that when embarking on starting a business in the free zones in Dubai. The following steps and legal requirements must be followed to establish companies:
- Determine the type of activity to obtain the appropriate business license.
- Determine the capital requirements required to establish the company.
- As well as, you choose a commercial name that complies with the conditions of the Departments of Economic Development.
- Apply for a commercial license based on the primary activity of your business.
- As well as, you choose appropriate offices and work facilities.
- Obtain initial approvals by submitting an application form containing all the required data.
- As well as, Preparing a business plan for the company.
- You provide a copy of the current commercial license or registration certificate only for existing companies and local companies.
- Submit color copies of the passports of shareholders and the director or members of management appointed to the new company.
- A signature form for all shareholders and the director or members of management appointed to the new company.
- The cost of a commercial license in the Dubai Free Zone, providing audited financial reports of the company’s budget for two years, or a reference certificate from the bank for each shareholder.
- You obtain a letter of no objection from the current sponsor (only for individuals).
- As well as, submit a title deed for the real estate unit that the company will use.
- You submit a letter of intent to establish the company.
- Submitting a form with the commercial registry identification code to the manager or members of the management, the original copy must be submitted and officially certified by a notary.
- Register the facility by submitting a registration application containing all the required data.
- Providing the Board of Directors’ decision to appoint a director of the company or members of management.
- As well as, you submit a signature form of the director or members of management
- Provide a personal photo of the director or members of management with a white background.
- Providing information about the company’s share capital.
Based on what was mentioned previously, Tasyeir company helps you start your investment project, from thinking about the feasibility study until actually opening the project, and commercial licence fees.
Advantages of opening a company in the Dubai Free Zone
Dubai’s free zones provide a range of features that enhance economic development and investment attractiveness for foreign investors. Here are some of the key benefits:
- It provides tax exemptions for companies and individuals, which means there are no tax obligations in the free zone.
- Businesses can take advantage of these exemptions to achieve greater profitability and provide more capital to invest in growth and expansion, so the cost of a business license in the Dubai Free Zone is simple.
- Dubai free zones provide important customs advantages, as full import and export tax exemption applies.
- Companies can import and export goods freely without having to pay customs duties, which enhances international trade and facilitates the flow of goods.
- Companies can dispose of the profits in full without any restrictions or additional fees.
- Providing the possibility for foreign investors to obtain full individual ownership of their companies. This means that foreign investors can fully control their businesses and make decisions about them freely.
- It also provides complete freedom in cash transactions, which means there are no restrictions on transferring money or transferring profits abroad.
Tasyeir company that is your first step towards investment
From now on, obtain the lowest cost of a commercial license in the Dubai Free Zone through the administrative services Tasyeir company with the highest level of service, as well as following you step by step throughout the investment work process.
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