Establishing a company in Dubai World Central Free Zone, Dubai World Central is one of the most prominent free zones in the UAE, providing an ideal environment for investors seeking to establish their companies in the aviation and logistics sectors. This area is distinguished by its strategic location near Al Maktoum International Airport, which facilitates shipping and transportation operations. The free zone offers many investment advantages, such as full tax exemptions and flexibility in company ownership, making it an ideal destination for both local and international companies. Establishing a company in Dubai World Central is a strategic step that contributes to achieving growth and expansion goals.

By partnering with Itqan, investors can benefit from the expertise and in-depth knowledge of the legal and procedural requirements for opening a company in the free zone . Itqan helps simplify the incorporation procedures by providing comprehensive support, including assistance in preparing the required documents and providing legal advice. Itqan is a trusted partner for investors looking to enter the UAE market, providing them with the necessary knowledge about local regulations, ensuring compliance with all requirements. Through a professional and efficient incorporation process, investors can focus on developing their businesses and achieving their commercial goals. Dubai World Central supports the government’s drive to develop the national economy, providing promising opportunities for investors. This region is an ideal model for investment in multiple fields, including trade, logistics, and technology, making it a focus of attention for investors from all over the world. Establishing a company in this region is the beginning of achieving remarkable successes in a dynamic business environment.

Basic steps to establish a company in the free zone

Establishing a company in the UAE’s free zones, such as Dubai World Central, is an attractive option for investors seeking a flexible and opportunity-filled business environment. These zones offer many benefits, including tax exemptions and full company ownership, making it easier for foreigners to enter the UAE market. However, there are certain steps that must be followed to ensure the success of the establishment process, which may seem complicated at first. In this context, here are the basic steps to establish a company in a free zone . The basic steps to establish a company in a free zone :

• Determine the type of company: Investors must determine the legal form of the company, whether it is a limited liability company, a branch of a foreign company, or a sole proprietorship.
• Choosing a trade name: You must choose a unique trade name that complies with local laws, and make sure that it is not already in use.
• Preparing a business plan: Most free zones require the submission of a business plan that includes details of the type of business, target market, and services or products offered.
• Submitting the required documents: Investors must prepare the necessary documents, such as personal identification, articles of association, and proof of address.
• Submitting the application to the competent authorities: The application must be submitted to the authorities responsible for regulating business in the free zone, along with all the required documents.
• Obtaining a commercial license: After reviewing and approving the application, a commercial license will be issued that allows investors to start operations.
• Renting an office or workspace: Starting a company requires a physical office, which can be a private business office or a shared workspace.
• Open a bank account: Investors should open a business bank account to facilitate financial transactions and manage funds.
• Employee Registration (if required): If there is a need to employ employees, they must be registered in accordance with local requirements.
• Periodic renewal of licenses: Companies must renew their licenses annually to ensure continuity and compliance with legal requirements.

By following these basic steps, investors can successfully establish their companies in the free zone, allowing them to benefit from the vast business opportunities in the UAE.

Tax benefits of setting up a company in a free zone

Free zones in the UAE, such as Dubai World Central Free Zone, are among the most attractive destinations for foreign investors. This is due to the many advantages these zones offer, one of the most prominent of which is the favorable tax framework that makes it easy for companies to start and grow their operations. These advantages provide an attractive business environment that enhances the chances of success and growth. In this context, here are some of the tax advantages of setting up a company in a free zone. Tax advantages of setting up a company in a free zone:

• Full tax exemptions: Investors in free zones enjoy full corporate tax exemption for up to 50 years, which contributes to increased profits and returns.
• No personal income tax: The UAE government does not impose any personal income tax, giving investors greater freedom to manage and invest their profits.
• Avoiding taxes on distributed profits: Companies established in free zones are exempt from taxes on distributed profits, which facilitates the distribution of profits among shareholders without additional burdens.
• VAT Exemption: Companies in free zones enjoy special VAT exemptions on certain activities, which helps reduce operating costs.
• Ease of money transfer: It allows investors to transfer all their profits abroad without restrictions, which enhances the flexibility of money management.
• No currency restrictions: Investors can transact in any international currency, making trading and investment easier.
• Saving administrative costs: Companies in free zones enjoy simple tax procedures, which reduces administrative costs associated with tax compliance.
• Investment in diverse sectors: Free zones provide opportunities to invest in a variety of sectors, enhancing the possibility of diversifying the investment portfolio.

Through these tax benefits, the free zones in the UAE provide a favourable environment for investors, making it easier for them to achieve their business goals efficiently and effectively.

Our company’s role in establishing a company in the free zone

Establishing a company in the Dubai World Central Free Zone is an important step towards achieving success in a sophisticated investment environment that allows investors to benefit from a wide range of advantages. With its strategic location close to Al Maktoum International Airport, the free zone provides ideal opportunities for expanding businesses and increasing competitiveness. By partnering with Itqan, investors can obtain comprehensive support and guidance necessary to facilitate the incorporation process. Itqan contributes to accelerating the procedures by providing legal advice and professionally preparing the required documents, ensuring compliance with local regulations. Itqan’s experience in the UAE market also helps investors avoid potential obstacles, which enhances the chances of success and growth. After completing the incorporation process, investors can benefit from the tax exemptions and financial privileges provided by the free zone, which enhances business profitability and contributes to achieving growth goals. Dubai World Central provides a suitable environment for promoting innovation and technology, making it an ideal destination for investors seeking to enter new markets and expand their operations. Investors can benefit from the advanced infrastructure and advanced logistics services provided by the region, which facilitate business operations and accelerate business growth. Establishing a company in Dubai World Central is a fruitful start towards achieving ambitious investment goals, and is an expression of investors’ commitment to innovation and growth in one of the fastest growing economies in the world.

Frequently asked questions about establishing a company in the free zone