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.
Choose a Business Activity
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.
Find a free Zone
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.
Choose a company Name
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.
Get your Document in order to Apply
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.
Opening your corporate bank Account
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.
