Starting a business in the UAE presents an exciting opportunity, and setting up a Freezone business formation in the UAE is one of the most efficient ways to capitalize on this. The UAE’s Freezones offer unmatched benefits, from full ownership to tax exemptions, making them an ideal choice for entrepreneurs and international businesses. With Maydor Advisory, we help you navigate the Freezone business setup process in the UAE seamlessly, ensuring your venture gets off to a smooth and successful start.
Setting up a business in a freezone in the UAE means starting a company formation in one of the many special areas across the country. These freezones create an environment that aims to draw in companies from around the world by offering a range of perks and making it quick and easy to complete your Freezone Business Setup in UAE.
At MaydorAdvisory, we make the Freezone company formation process as straightforward and efficient as possible. Our team of professionals will support you every step of the way, from selecting the right Freezone to completing the necessary paperwork and securing your business license.
Here’s what you can expect when partnering with us:
Comprehensive Support: We take care of everything—from the initial consultation and documentation to finalizing your business license. This allows you to focus on your business, while we manage the entire setup process for you.
Customized Solutions: Every business is unique, which is why we work closely with you to ensure the Freezone you choose and the setup process align with your specific business goals and requirements.
Expert Advice: With years of experience in the UAE market, MaydorAdvisory has a deep understanding of Freezone regulations. We provide practical guidance to help you make informed decisions and grow your business efficiently.
No Import/Export Duties: Freezone businesses are exempt from import and export duties, making it more cost-effective to trade internationally and expand your global reach.
World-Class Infrastructure: UAE Freezones offer state-of-the-art facilities, including modern office spaces, warehouses, and business amenities designed to help your business operate seamlessly in a competitive market.
Strategic Location: Situated at the heart of global trade routes, UAE Freezones provide excellent access to international markets, giving your business the opportunity to grow globally with ease.
Maydor Advisory actively follows and comprehends the different freezone regulations and requirements and makes sure that your business setup obtains all the local licensing needed, while taking advantage as much as possible of the freezone advantages. We have specialized in this and therefore plan on succeeding to avoid these common mistakes and to shorten the period in which the order gets approved.
Communication is one of the areas at which Maydor Advisory has managed to achieve a lot. During the period of establishing a business, we offer clear expense structure for all the expenses stating what is the purpose and ensuring no further expenses will arise. Such operational transparency makes you accurate in cost planning and decision making.
Maydor Advisory defers the business by using functional preventative management. This kind of hindsight is what enables us to tackle the problems when they arise and in an effective way without bothering the people more than is necessary.
In case you decide to work with Maydor Advisory, it is worth noting that once the consulting agreements are signed, all clients are allocated an account manager whose responsibility is to look after the client during the setup period. This ensures that you are always kept informed, there is continuity in communication, and someone understands how your business is evolving and its future prospects. Our Accounting Services managers are always available and quick to respond to all requests and adjustments, enabling an easy and fast setup.
Investors have the option to register a new business as either a Free Zone Establishment (FZE) or a Free Zone Company (FZC). An FZE is a limited liability entity with a single shareholder, while an FZC requires two or more shareholders. Alternatively, investors can establish a branch or representative office of their parent company, which may be based either in the UAE or abroad.
An FZE or FZC is a limited liability company governed by the rules and regulations of the specific Free Zone in which it is established. The UAE Commercial Companies Law (CCL) does not apply to these entities.
Before we can begin the process of setting up a Free Zone Company, we will require the necessary documentation and due diligence from each shareholder and director of the proposed company.
The UAE is home to a wide range of Freezones, each designed to promote business growth and facilitate international trade. Here are some compelling reasons why setting up your business in a Freezone could be the best choice for your company:
100% Foreign Ownership: Unlike mainland businesses that require a local sponsor, Freezones allow you to fully own your company. This means you have complete control over your business operations without needing to share ownership with a local partner.
Tax Exemptions: One of the key advantages of setting up in a Freezone is the generous tax benefits. Many Freezones offer tax exemptions for up to 50 years, covering corporate tax, income tax, and VAT. This significantly reduces your operating costs and enables you to reinvest those savings into growing your business.
Fast and Easy Setup: Establishing your business in a Freezone is a quick and efficient process. The registration process is simple, and in many cases, you can complete the entire setup in just a few days with minimal paperwork. This streamlined process allows you to focus on scaling your business, rather than getting caught up in administrative tasks.
No Import/Export Duties: Freezone companies enjoy exemption from customs duties on goods imported and exported. This makes it easier and more cost-effective to engage in international trade, unlocking new opportunities for global expansion.
World-Class Infrastructure: Freezones in the UAE are known for their cutting-edge infrastructure, offering modern office spaces, state-of-the-art warehouses, and comprehensive logistics support. These world-class facilities provide everything your business needs to operate efficiently and professionally, giving you a competitive edge in the marketplace.
A Freezone Business Setup in UAE offers a wealth of benefits, from tax exemptions to easy company formation and flexible ownership options. Whether you’re a small startup or an established international business, the UAE’s Freezones provide an ideal platform for growth and expansion.
If you’re considering setting up your business in a Freezone, our expert Advisory can guide you through every step, ensuring a smooth and hassle-free setup process.
Contact us today for a free consultation and get started on your business journey in the UAE!
The process starts with an initial meeting to figure out what you need. We then pick the right freezone, take care of registration and licensing, help with visa paperwork, and offer ongoing help. We handle the whole setup so you can focus on running your business.
Freezone Business Setup in UAE suits many types of businesses, including new companies, firms that trade goods, those offering services, and those involved in manufacturing products. We shape our services to fit the unique needs of different industries.
Typical papers needed are a copy of your passport something showing where you live, a plan for your business, and other important documents. We help you get all the paperwork together and make sure it’s done right.
For clients from other countries, Maydor Advisory give a full service. This includes help to understand UAE business laws, support with getting visas and moving to the country, and help to follow local rules. We make it easy for clients who want to set up shop from overseas.
Maydor Advisory gives continuous help to make sure you follow freezone rules. We keep an eye on rule changes, help with needed updates, and give advice on staying compliant to steer clear of legal troubles.
Establishing a Freezone Business Setup in UAE usually takes one to four weeks and is more costly than establishing an offshore company. With some offshore characteristics, it is regarded as an onshore business. Because it offers a physical presence in the UAE, including office space and visa eligibility, without the need for a local sponsor, this kind of business is perfect for entering the market. Since business operations cannot be carried out directly within the UAE mainland, a Freezone Business Setup in UAE shares characteristics with offshore companies, regardless of whether they operate within the Free Zone or abroad.
No, a company located in a free zone is not allowed to do business anywhere. Usually, its activities are restricted to the Free Zone in which it was founded or to other countries. The firm must choose a local distributor or agent and fulfill certain regulatory requirements in order to operate within the UAE mainland.
Since every Free Zone has its own governing body, each Free Zone has different requirements. However, most of them follow a similar structure for Freezone Business Setup in UAE. You can create one of two types of businesses in the Free Zone: a Free Zone Company (FZC) with two or more owners, or a Sole Establishment (FZE) with one stakeholder. Corporate and individual stockholders are both permitted.
A manager must be hired to oversee the day-to-day operations of the business. This individual is also typically in charge of managing the bank account and executing contracts on the company’s behalf. Any modifications to the organization’s structure must also be approved by the manager.
The number of residency visas allocated depends on the type of office or premises chosen. For a Virtual Office or Flexi-Desk option, typically 2 to 3 visas are granted. For physical office spaces, the number of visas is usually determined by the office size, with 1 visa generally issued for every 10 square meters.
