What is the necessity of a commercial license in the Dubai Free Zone?
Companies established in Dubai are subject to laws and regulations that govern the investment process and provide investors and businessmen with easy procedures. One of these procedures is obtaining a commercial license in the Dubai Free Zone to establish businesses, and this is what we will talk about in this article.
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ToggleAdvantages of obtaining a commercial license in the Dubai Free Zone
Obtaining a commercial license in the Dubai Free Zone provides the investor with many advantages that will help in establishing all sizes of companies and owners of different nationalities. The advantages of obtaining a commercial license in the Dubai Free Zone include the following:
- Many free zones in Dubai are suitable for various business activities.
- Full tax exemption on corporate and personal income up to 50 years.
- Strong and advanced infrastructure in the free zones that helps in establishing businesses.
- 100% foreign ownership of the company.
- 100% freedom to recover capital and dispose of profits
- Dual licensing opportunities available.
- Freedom to create multiple options for administrative and legal structures.
- No restrictions on currencies.
- Freedom to employ foreign resources and human resources.
Types of companies in free zones
- Free Zone Company (FZC)
You need to document some required documents and all types of companies can be established and only a commercial office is required.
- Free Zone Establishment (FZE)
Documenting some of the required documents and establishing all types of companies, obtaining a commercial office and registering the company as a free zone establishment.
- Branch of a foreign company outside the UAE
The parent company needs to own the branch and all types of companies can be established and all that is required is a rented office to operate.
- A branch of a company within the UAE.
Requires submission of a valid license from the department responsible for granting licenses and obtaining an office to practice the business.
Need help to get a business license in Dubai Free Zone?
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