Freezone Company Formation in Abu Dhabi

You can choose a free zone depending on the type of business activity you are going to perform there. Some of the free zones that are particularly meant for each activity include

• Internet city
• Airport free zone
• Media city
• Academic city
• Knowledge city
• Outsource zone
• Multi commodities centre
• Media production zone
• Biotech Research Park
• Auto zone
• Gold and Diamond park
• Health care city
• Industrial zone
• Financial centre
• Humanitarian centre
• Flower centre
• Maritime centre
• Logistics centre
• Creative city

The main capital requirement depends on the type of business activity that you are planning to set up in a Free Zone. Specifications regarding the capital requirement depend up on the Free Zone you select for trading activities.

Choosing a legal form depends on the business type, trading activities, nationality of the owner and the preferred ownership options. Some of the common forms are:-

• 1. Free Zone establishment (FZE) – Here one single share holder can run the business.
• 2. Free zone Limited Liability Company (FZ-LLC) – Here the company can be registered with more than one shareholder.
• 3. Brach office – Any international company can start a branch of their office in the free zone.

The procedures for setting up a company in a free zone are direct and easy to complete. General steps involved in it are as follows.

• Filling up a general form provided by the Free Zone Authority. This allows in checking the company’s requirements and its mode of operation.
• Documentation process
• Submitting a copy of the lease agreement
• A meeting with the free zone authority to finalize the location and the company registration procedures.

• Passport copy of shareholder
• Application form
• Copy of Memorandum of Association
• Copy of Article of Association
• Copy Board Resolution

Normally it will take 3 weeks to finish the whole procedures. If there is any delay in the documentation procedures, then it will take 6 weeks to finish the registration process.

• Jebel Ali Free Zone Authority
• Dubai Multi Commodities Centre
• Dubai Airport Free Zone Authority
• Dubai World Central

Free zones are attractive as it provides lucrative options to the companies. Some are the following:-Free zones are attractive as it provides lucrative options to the companies. Some are the following:-

• 100% foreign company ownership
• 100% repatriation of capital and profits
• Exemption from all import and export duties
• No corporate tax
• No dividend tax
• Inexpensive energy

• Legal consultation on free zone company setup
• Verification of visa and work permit requirements in compliance with Emirates law
• Identification of the corporate structure that suits current and future business plan
• Drafting documents, collecting files and managing submissions as per requirement
• Company Registration Amendments
• Partnership options for offshore companies, professional companies or branch offices
• Getting approvals from Free Zones authorities, Ministries and department of planning
• PR activities
• Accounts maintenance and auditing
• Setting up of bank account

Yes, it is mandatory, below are the property options:

• Flexi Desk
• Serviced Office
• Physical Office for lease
• Physical Office for sale
• Retail shop space for lease
• Retail shop space for sale

A Free Zone license will give you 100% ownership of your company and complete control of your business. Incorporating your business in a Free Zone also tends to be a cheaper and easier process.

An advantage of a Non Free Zone setup is that this type of license allows you to freely operate in any area of the UAE. Even though a local Emirati sponsor who would have 51% ownership of your company, certain businesses simply work better with a Non Free Zone license. In other words, when you have a Free Zone license, you are allowed to operate only within that Free Zone but with a Non Free Zone license, you will not be restricted to one area.