Here are the key steps to free zone company formation in Dubai.
- Determine the type of legal entity.
- Choose a trading name.
- Apply for a business license.
- Choose an office space.
- Get pre-approvals, register your business and get your license.
Documents Required for free zone company formation in Dubai.
Documents that will need to be produced before starting a Dubai Free zone Business A number of documents will need to be produced by the investor and get approved by the Gulf Cooperation Council or the Arab embassy:
- Application license form.
- Business card.
- Business plan outlay.
- MOA(Memorandum of Association) and AOA(Articles of Association)
- Passport copies.
- Banking reference and license of the partners existing business if required.
The above-discussed procedure needs to be followed by an investor while starting a business in the Dubai-free zone. The outlaid process is simple and has been made easy by the government so as to make the process friendly for investors.
The whole process has been put out in simpler terms and will not take more than 4 weeks to get completed and paving the way for the investor to start a free zone company formation in Dubai.
A procedure that one needs to follow while step to set up a business in Free zone Dubai.
Type of company:- while deciding to start a business in Free zone Dubai one has to decide the type of business that has to be started and also the free zone where the investor intends to start the business as different Free zones have different requirements that will need to be fulfilled.
Trade name:- Once the investors have decided on the type of business that will be started in the Dubai free zone, it is time to choose the name for the same and at the same time keep in mind while naming one should follow the making conventions that have been put in place by the government.
Business license:- Once the name has been decided and has been registered with the concerned authority, the investor needs to apply for a business license. Different licenses are provided in different Free zones for various activities.
Office space:- Once the license has been obtained for starting a business in Dubai Free zone it is time to look out for an office space. One can either buy the space or hire the same on rent.
Approvals and License:- the investors need to get all the approvals from different authorities before a license can be issued. Once all the approvals have been taken the investor can start the business. The whole process is very simple and can take merely a time of 2-4 weeks.
