When setting up a Dubai Freezone company, your choice of Freezone will depend on the type of business activities you wish to carry out because many are sector specific. Although this is the case, there are many Freezones available in Dubai, and you can easily find one that suits your needs. Whichever option you choose, Dubai Freezone company formation is relatively quick and easy.
The first step involved in getting your Dubai Freezone business set up is deciding which business activity you wish to carry our as this helps in determining where you can register your company. The type of license you apply for will decide how you run your business. However, most Dubai Freezones allow for multiple business activities under one license. It is important to remember that Dubai has rather particular requirements about what activities are permitted under what license, therefore it is worth associating with PRO business setup.
Once you have decided which business you would like to set up, the next step in Dubai Freezone company formation is selecting the Freezone which is right for you. If your industry is not covered by one of the city’s industry specific zone, there are other options as well. Freezones such as Dubai South and DMCC are open to a wide range of activities.
Wherever in the world you decide to set up your business, choosing a name is of paramount importance. There are plenty of factors to consider from the emotional to the practical. There are certain standards the name must adhere to, like avoiding blasphemous language and references to religious or political organizations.
Once, you have decided what you are planning to do, where you wish to do it, and under which name you will trade, it’s time to make your Dubai Freezone company formation official by submitting your application. The exact documents required for a business setup in UAE Freezone will depend on the type of license you are applying for and which Freezone you have selected.
It is quite easy to open a corporate bank account in the UAE just like anywhere else in the world but there are still a number of important considerations to keep in mind. You need all the right documentation in place and select an institution which is beneficial to you in the long run.