Free zones in Dubai

Free zones in Dubai, a leading global city, are characterized by a system of free zones that play a pivotal role in attracting investments and strengthening the local economy. Dubai’s free zones represent a unique model of economic development, providing an ideal environment for companies from all over the world to establish and operate their businesses flexibly and efficiently. These regions include a variety of sectors such as trade, logistics, industry, and technology, making them a preferred destination for companies seeking to take advantage of the business benefits of an environment free of taxes and foreign ownership restrictions.

Free zones such as Jebel Ali, Dubai Technology, and Dubai Media City are among the most prominent examples that reflect the success of this model. These areas provide advanced infrastructure and high-quality services, in addition to tax incentives and supportive legislation that facilitate companies’ operations and attract investors. These areas contribute significantly to the diversification of the economy and achieving sustainable growth, strengthening Dubai’s position as one of the most important business centers in the world.

Itqan plays a pivotal role in supporting and motivating companies seeking to invest in free zones in Dubai. Itqan provides a wide range of services, including establishing companies, obtaining the necessary licenses, and providing legal and financial advice. The company simplifies procedures and speeds up bureaucratic processes, making it easier for companies to enter the market and operate effectively. With its extensive experience and specialized team, Itqan ensures the provision of comprehensive solutions that meet clients’ needs and contribute to achieving their business goals in Dubai’s dynamic business environment.

Thanks to the integrated efforts between government agencies and companies such as Itqan, Dubai’s free zones continue to grow and develop, confirming their role as an essential driver of economic growth and a major center of attraction for global investments.

Free zones in Dubai

Free zones in Dubai , a vibrant and innovative city, include a group of free zones that represent one of the basic pillars of the UAE economy. These areas aim to promote foreign investment and provide a suitable business environment for international companies, which contributes to diversifying the local economy and creating new job opportunities.

1. Jebel Ali Free Zone (JAFZA): It is considered one of the largest free zones in the world, and hosts more than 7,000 companies from various industrial and commercial sectors. The region provides advanced infrastructure and high-quality logistical facilities, in addition to a strategic location close to Jebel Ali Port and Al Maktoum International Airport.
2. Dubai Internet City (DIC): It is a leading center for technology and electronic companies. It includes more than 1,600 companies of all sizes, from startups to major global companies such as Microsoft and Cisco.
3. Dubai Media City (DMC): It is considered a major destination for media and media production companies. It provides a creative work environment that includes a group of studios and modern facilities that meet the needs of media and publishing companies.
4. Dubai South District: It includes integrated industrial and logistics complexes, and aims to support the development of huge projects such as Al Maktoum International Airport and Expo 2020.
5. Dubai International Financial Center (DIFC): It is a regional and international financial center, and provides a regulatory and legislative environment that supports the financial sector. The center hosts many international banks and financial companies.

Establishing companies in Dubai’s free zones is a major driver of economic growth and sustainable development, thanks to its attractive investment environment and the competitive advantages it provides. Through the integrated efforts of companies like Itqan, Dubai continues to strengthen its position as a global hub for business and trade, contributing to the realization of the emirate’s ambitious vision for the future.

the free zone

The most prominent free zones in Dubai

Dubai is a major center for business and trade in the Middle East, and is characterized by a variety of free zones that contribute to attracting foreign investments and developing the local economy. Below are the most prominent free zones in Dubai:

1. Jebel Ali Free Zone (JAFZA)
   Specialization: Trade and Industry
   Location: Near Jebel Ali Port
   Advantages:
   Advanced infrastructure
   , high-quality logistical facilities
   Comprehensive tax exemptions
   100% foreign ownership
2. Dubai Internet City (DIC)
   Specialization: Technology and Communications
   Location: Sheikh Zayed Road
   Advantages:
   Integrated business community
   Fully equipped offices
   Support for startups and technology companies
   A gathering of many major international companies such as Microsoft and Cisco
3. Dubai Media City (DMC)
   Specialization: Media and Media Production
   Location: On Sheikh Zayed Road
   Advantages:
   Integrated media infrastructure
   Modern studios and production facilities
   A creative and supportive environment for the media industry
   Incubating a large number of international media companies
4. Dubai International Financial Center (DIFC)
   Specialization: Financial and banking services
   Location: In the heart of Dubai
   Advantages:
   An independent legal and regulatory system
   An integrated financial business community
   Hosting many major banks and financial companies
   A supportive environment for financial and banking investments

Dubai’s free zones constitute an ideal environment for international and regional companies thanks to the many advantages they offer, such as tax exemptions, full foreign ownership, and advanced infrastructure. Thanks to these areas, Dubai continues to strengthen its position as a global center for business and trade, attracting more investments and contributing to sustainable economic growth.

Key benefits of establishing a company in a free zone in Dubai

Establishing a company in a free zone in Dubai offers many benefits that make it an attractive destination for local and international investors. The most prominent of these benefits are:

1. Tax exemptions:
   Exemption from corporate tax: Companies operating in free zones in Dubai are completely exempt from corporate tax for a period of up to 50 years, subject to renewal.
   Exemption from personal income tax: No personal income taxes are imposed on individuals working in free zones.
2. 100% Foreign Ownership
   : Foreign investors have the right to fully own their companies without the need for a local partner, giving them full control of their business.
3. Simplified and fast procedures.
   Ease of establishment: The procedures for establishing companies in free zones are characterized by simplicity and speed, as most processes can be completed online.
   Multiple licenses: Licenses for a variety of commercial, industrial and service activities can be obtained easily.
4. Free transfer of funds
   Transfer of capital and profits: Free zones allow the transfer of capital and profits completely outside the country without restrictions, ensuring complete financial freedom for investors.
5. Advanced Infrastructure
   Facilities and Services: Free zones provide modern infrastructure that includes equipped offices, warehouses, logistical services, and advanced technologies that support all types of commercial activities.
   Strategic location: Free zones are located in strategic locations close to major ports and airports, which facilitates shipping and distribution operations.

Establishing a company in a free zone in Dubai provides many economic and operational benefits that make it an ideal choice for investors. With tax exemptions, full foreign ownership, advanced infrastructure, and strong government support, companies can achieve sustainable growth and long-term success in a stimulating and diversified business environment.

Steps necessary to establish a company in a free zone in Dubai

The necessary steps to establish a company in a free zone in Dubai Establishing a company in a free zone in Dubai requires following a set of basic steps. Here are the detailed steps to establish your company:

1. Choosing the type of business activity
   Select the type of business activity you wish to engage in. You must choose the appropriate activity that is consistent with the activities permitted in the free zone in which you wish to establish.
2. Choosing the appropriate free zone
   Research and choose the free zone that suits your business and your specific needs. Dubai includes multiple free zones, each of which specializes in specific sectors such as technology, media, industry, logistics, and others.
3. Contacting the Free Zone
   Contact the Free Zone Authority to obtain detailed information about the requirements for establishing a company and the necessary documents. You can visit the free zone’s website or contact its offices directly.
4. Submit a company establishment application.
   Fill out the company establishment application form available on the free zone website or by visiting their offices. Make sure you provide all required information accurately.
5. Submitting the required documents:
   Submit the following documents:
   A copy of the passport of the founders and directors.
   Passport size photographs.
   Brief business plan.
   Completely completed license application form.
   The company’s articles of incorporation and articles of association (if available).
   Reference letter from the bank (may be requested in some cases).

Establishing a company in a free zone in Dubai requires following specific steps, including choosing the business activity and the appropriate free zone, submitting applications and documents, paying fees, and obtaining the necessary licenses. By carefully following these steps and cooperating with the free zone authorities, you can successfully establish your company and begin practicing your business activity in a stimulating and advanced business environment.

Establishing a company in the free zone

Costs associated with setting up a company in a free zone in Dubai

These costs vary based on several factors such as the type of business activity, company size, free zone chosen, and services required. It is important to do careful study and prepare a solid budget to cover these costs and ensure the successful start of the business. Establishing a company in a free zone in Dubai includes several costs associated with legal, administrative and operational procedures. You should consider these potential costs when starting your company, as they include:

1. Company registration fees
   include company registration fees in the free zone and vary based on the region and type of business activity.
2. License fees
   License fees vary depending on the type of business activity and the required license, and include trade, industry and service licenses.
3. Office Rent
   Office rental costs vary between different options such as virtual offices, shared offices, and fully equipped offices, and these costs vary based on the size and location of the office.
4. Visa fees
   include visa fees for employees and managers, and vary depending on the number and type of visas, such as employee visas and investor visas.
5. Administrative services fees
   Administrative services fees include company registration costs, government procedures, and certifications, and vary according to the services required.

Establishing a company in a free zone in Dubai requires incurring a variety of costs that vary based on several factors such as the type of business activity, the free zone chosen, and the services required. Good planning and careful budgeting are important to cover these costs and ensure a successful and stable start-up of the business. It is always preferable to use Itqan Company to obtain accurate estimates and integrated services that will help you in all stages of establishment.

Our role in free zones

Itqan plays a pivotal role in promoting and facilitating business operations within the free zones in Dubai. Thanks to its extensive experience and specialized team, Itqan provides a comprehensive range of services that support companies in all stages of their establishment and operation. Itqan’s role includes many vital aspects that make it a strategic partner for companies operating in free zones:

1. Establishing and registering companies:
   Itqan helps companies choose the appropriate free zone for their business activity and submit all the documents required to register the company. Itqan contributes to simplifying and facilitating this process, allowing companies to start their operations quickly and efficiently.
2. Obtaining licenses:
   Itqan helps companies obtain the necessary licenses to conduct their business in free zones. These licenses cover a variety of commercial, industrial and service activities, ensuring full compliance with local laws and regulations.
3. Legal Consultations:
   Itqan provides specialized legal consultations that help companies understand the legal and regulatory framework in Dubai. This consultation ensures compliance with local laws and avoids potential legal risks.
4. Financial and accounting consulting:
   Itqan provides financial and accounting consulting services that include preparing accounts, auditing them, and submitting financial reports. These services help companies manage their financial resources effectively and achieve sustainable growth.
5. Administrative Support Services:
   Itqan provides administrative support services that include providing equipped offices, human resources services, and managing daily operations. These services enable companies to focus on their core activity without being concerned with administrative details.

Through these comprehensive and integrated services, Itqan contributes to enhancing the business environment in Dubai’s free zones, making it easier for companies to achieve success and prosperity. Its vital role supports companies in overcoming bureaucratic and administrative challenges, enhancing Dubai’s attractiveness as a preferred destination for investment and business. Thanks to its experience and competence, Itqan remains a reliable partner for companies seeking growth and expansion in one of the most vibrant and dynamic business environments in the world.

Your free zone in Dubai

The free zones in Dubai constitute a strategic hub in achieving economic growth and sustainable development for the emirate. By providing a flexible regulatory and legislative environment, advanced infrastructure, and encouraging tax exemptions, these areas have contributed to making Dubai an attractive destination for foreign investments and international companies. Free zones such as Jebel Ali, Dubai Internet City, and Dubai Media City are vital centers that host thousands of companies that contribute to promoting innovation and developing the local economy.

The role of Itqan Company in this context cannot be overlooked, as it provides integrated services that support companies in all stages of their establishment and operation in free zones. Etqan facilitates the process of registering companies and obtaining the necessary licenses, allowing companies to start their operations quickly and efficiently. In addition, the company provides legal and financial advice that helps companies comply with local regulations and avoid bureaucratic complications. Thanks to its specialized team and extensive experience, Itqan ensures the provision of innovative solutions that meet customers’ needs and help them achieve their business goals in a competitive and dynamic environment.

The success of Dubai’s free zones reflects the emirate’s ambitious vision to strengthen its position as a major destination for global business and trade. The government, in cooperation with companies such as Itqan, is working to create an encouraging and stimulating business environment for investment, which contributes to attracting more international companies and investors. This integration between government policies and the distinguished services provided by companies such as Itqan helps achieve sustainable economic growth and enhances Dubai’s competitiveness on the global stage.

In conclusion, Dubai’s free zones continue to play a vital role in driving economic development, confirming its position as a global center for business and trade. Through the integrated services provided by companies such as Itqan , Dubai remains a preferred destination for companies and investors seeking success and innovation in an evolving business environment full of opportunities. This effective cooperation between the public and private sectors reflects Dubai’s commitment to continued growth and innovation, ensuring a bright future for the emirate and its residents.

Frequently asked questions about free zones in Dubai