Setting up a business in Dubai is an attractive proposition for many entrepreneurs around the globe. The city is known for its strategic location, world-class infrastructure, and business-friendly environment. One of the most popular options for establishing a business in Dubai is through the Free Zones. At HERS Consultancy, we specialize in helping businesses navigate the intricacies of Free Zone company setup in Dubai A comprehensive Guide by HERS Consultancy. In this blog, we’ll walk you through everything you need to know about setting up a Free Zone company, and how HERS Consultancy can assist you every step of the way.

What is a Free Zone?

Free Zones in Dubai are special economic areas designed to attract foreign investment by offering a range of incentives, including 100% foreign ownership, tax exemptions, and simplified business regulations. Each Free Zone is governed by its own regulatory authority and is typically tailored to specific industries, such as technology, media, finance, and logistics.

Benefits of Free Zone Company Setup in Dubai a Comprehensive Guide

1. 100% Foreign Ownership: Unlike mainland companies, Free Zone businesses can be entirely owned by foreign investors.
2. Tax Advantages: Companies in Free Zones enjoy 0% corporate and personal tax.
3. Repatriation of Profits: Full repatriation of profits and capital is allowed.
4. Simplified Business Setup: Free Zones offer streamlined procedures for company formation.
5. World-Class Infrastructure: Access to state-of-the-art infrastructure and facilities.
6. Strategic Location: Proximity to major seaports, airports, and business hubs.

Popular Free Zones in Dubai

1. Dubai Multi Commodities Centre (DMCC)

Known for being one of the largest and most diverse Free Zones, DMCC is ideal for businesses in commodities, trade, and finance.

2. Dubai Internet City (DIC)

A hub for tech companies, DIC offers a conducive environment for IT and telecom enterprises.

3. Jebel Ali Free Zone (JAFZA)

One of the oldest and largest Free Zones, JAFZA is perfect for logistics, manufacturing, and trading businesses.

4. Dubai Silicon Oasis (DSO)

Targeting tech and innovation-driven businesses, DSO provides a high-tech ecosystem.

Steps to Set Up a Free Zone company setup in Dubai A comprehensive Guide by HERS Consultancy

1. Determine Your Business Activity

Choose the appropriate Free Zone based on your business activity. Each Free Zone has specific licenses catering to various industries.

2. Choose a Company Name

Select a unique name for your company that complies with the naming regulations of the chosen Free Zone.

3. Apply for a License

Submit the necessary documents, such as passport copies, business plan, and application forms, to obtain the relevant business license.

4. Lease Office Space

Based on your business requirements, lease office space within the Free Zone. Options range from flexi-desks to fully furnished offices.

5. Open a Bank Account

With your company documents, open a corporate bank account in Dubai to manage your business transactions.

6. Visa Processing

Apply for residency visas for yourself, your employees, and dependents if required.

How HERS Consultancy Can Help

At HERS Consultancy, we understand that setting up a business in a foreign country can be daunting. Our team of experts is dedicated to making the process seamless and stress-free. Free Zone company setup in Dubai A comprehensive Guide by HERS Consultancy. Here’s how we can assist you:

• Consultation: We provide personalized consultation to understand your business needs and recommend the best Free Zone for your company.
• Documentation: Our team handles all the paperwork, ensuring that your application is complete and error-free.
• Office Solutions: We help you find the perfect office space within the Free Zone, tailored to your business requirements.
• Banking Assistance: We guide you through the process of opening a corporate bank account, making it straightforward and hassle-free.
• Visa Services: We manage the visa application process for you and your employees, ensuring smooth processing.

Conclusion

Setting up a Free Zone company in Dubai offers numerous advantages and can be a significant step towards achieving your business goals. With the right guidance and support, the process can be straightforward and efficient. At HERS Consultancy, we are committed to helping you every step of the way, from initial consultation to the successful establishment of your business. Contact us today to start your journey towards a prosperous business future in Dubai.

Feel free to reach out to HERS Consultancy for a detailed consultation and let us help you turn your business vision into reality.

FAQs – Free Zone Company Setup in Dubai

1. What is a Free Zone company in Dubai?

A Free Zone company is a business registered in a designated area that offers foreign investors 100% ownership, tax benefits, and simplified regulations. At HERS Consultancy, we guide you through the entire Free Zone setup process to ensure a smooth start for your business.

2. Why should I set up my company in a Dubai Free Zone?

Dubai Free Zones provide significant advantages such as full foreign ownership, zero personal and corporate tax, world-class infrastructure, and simplified business setup procedures. HERS Consultancy helps you choose the right Free Zone based on your business activity.

3. Can foreign investors own 100% of a Free Zone company?

Yes. Unlike mainland companies, Free Zone businesses in Dubai allow 100% foreign ownership without the need for a local partner. HERS Consultancy ensures all legal and licensing requirements are handled efficiently.

4. What are the key benefits of setting up a Free Zone company?

Some major benefits include:

• 100% foreign ownership
• 0% corporate and personal tax
• Full repatriation of profits and capital
• Easy company formation process
• Access to modern office facilities and infrastructure

5. Which are the most popular Free Zones in Dubai?

Dubai has several specialized Free Zones. Some of the most popular include:

• DMCC – best for trade and finance
• JAFZA – ideal for logistics and manufacturing
• Dubai Internet City (DIC) – hub for IT and telecom
• Dubai Silicon Oasis (DSO) – suited for tech startups

HERS Consultancy can help you select the Free Zone that best fits your business needs.

6. What is the process for Free Zone company setup in Dubai?

The setup process typically involves:

1. Selecting your business activity and Free Zone
2. Reserving your company name
3. Submitting documents for license approval
4. Leasing office space or flexi-desk
5. Opening a corporate bank account
6. Applying for visas

Our team at HERS Consultancy manages every step on your behalf.

7. How long does it take to set up a Free Zone company?

With HERS Consultancy’s support, your Free Zone company can usually be established within 5 to 15 business days, depending on the Free Zone authority.

8. What documents are required for Free Zone company registration?

Typically, you will need:

• Passport copy of shareholders/directors
• Passport-sized photos
• Application form
• Business plan (in some Free Zones)