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There are several steps to forming a free zone company. In comparison to the formation of an offshore company, the formation of a free zone company is more extensive and time-consuming. We've summarised the process for forming a free zone company below to give you a quick overview.
The UAE law provides the most transparent and favorable terms and conditions for establishing new businesses.
The stages of a typical company formation procedure are as follows:
The first and most important step in the Dubai free zone company registration process is selecting a license. The type of activities you will be able to do will be determined by the license you choose. As a result, it must be related to your business plan.
The legal structure is determined by the number and nature of the partners involved, and it has an impact on the required documents, costs, and other factors.
Some Free Trade Zones limit the types or number of activities that can be carried out. Check your business plan against the Free Trade Zone's guidelines.
When picking a Free Trade Zone, it's important to consider not just the obvious costs of forming a company, but also all the hidden costs and levies.
Ascertain that you will be able to obtain the required type of premises. In almost all FTZs, office space and storage facilities are available. At the same time, keep in mind that the availability of physical space can be a constraint.
