All About Liquor license in Dubai Abu Dhabi – Fees, Process and Requirements

liquor License

The UAE is a global hub of business and tourist attraction. According to the statistics, 15.8 million tourists have visited the country in 2017 and more than 10% of the population comprised of expatriates. To keep the tourist attraction necessary to encourage more and more people to visit the country, the UAE government has made a lot of changes in Law over the past couple of years.

This includes the import and export of alcohol.

Previously, alcohol was banned in the UAE and the person who consumes it should face the Law. Now, you have to complete certain conditions and then you can reframe the import and export of consumable alcohol.

This post covers everything related to Liquor license in the UAE. How you can get it, what are the documents and much more.

Some Basic Facts About Liquor License In UAE

  • Any Non-Muslim should possess a liquor license, even they are inside the parameters of any public places.
  • Minimum age to apply for the license is 21 years.
  • Liquor based restaurants are not allowed to serve alcohol in Dubai.
  • Alcohol can be found in sports clubs, bars, hotels, and other special places.
  • Muslims are not issued alcohol license.
  • The maximum purchase of consumable alcohol shall be 20% of your monthly salary (roughly Dh,5000)
  • Drinking in public is illegal, and you will face the law if you’re caught.
  • There’s a zero-tolerance policy against alcohol in Dubai.
  • NOC is required for married women.
  • Promotion and Advertising of alcohol are illegal.
  • There’s a strict restriction for closing hours.
  • A person must be a UAE resident with a monthly earning of more than AED 3,000.

Types of Alcohol License in Dubai

Alcohol license available in Dubai are:

  • Liquor Import Licence.
  • License to purchase liquor.
  • License to sell liquor (third parties).
  • License to serve within a hotel, bar or restaurant.

 

How to Apply For Alcohol License Abu Dhabi?

Applying for an alcohol license in Abu Dhabi is now easier and simpler than before. The process is simplified as per by the African and Eastern and MMI. You’re required to have a few documents, license fee and you’re good to go.

Documents Required For Alcohol License Abu Dhabi

  • Passport Size photograph.
  • Passport and Emirates ID copy.
  • Visa Copy.
  • Tenancy Contract (optional).

Alcohol License Abu Dhabi Process

Documents are required for proof, and the applicant is not depended on third party documents. NOC is required in some cases but mostly with your original salary certificate, you can get an alcohol license.

  • License is valid for one year
  • 30% is imposed on liquor
  • You can renew it by paying some amount.

 

Liquor License FAQ’s

How long does it take to get an alcohol license in Dubai?

Once you’ve submitted your documents and the required fee, you will receive your license in the next 4-5 weeks.

How much does it cost to get an alcohol license in the UAE?

Fees vary for outlets and online registration. For more details, you can contact us on +971 4 3808 333.

 

UAE Investor Visa Dubai | 5 Year Property Investor Visa In Dubai

UAE Investor Visa Dubai | 5 Year Property Investor Visa In Dubai

One of the fastest-growing economy in the world is UAE with the state of art facilities and politically stable culture. When it comes to tourism, business, employment, and real estate Dubai exceed then any other nation in the world. When choosing a country for living and business, everyone wants to get favorable conditions including, security, stability, and good real estate.

In recent years, the UAE government has provided countless opportunities for both international and local citizens. There are different types of visas that have been developed in the region, the main topic of our discussion is the UAE investor visa.

An investor is considered as a lifeline agent of a business. Without proper funding, no business can stand in this competitive environment. The concept of globalization has expanded the limits of business opportunity to other parts of the world. UAE is a perfect place for investors that are looking for investment opportunities.

To get started, first of all, you need a valid passport and Visa. As I have mentioned, there are different types of visas depending upon your situations. The one you need is a UAE investor Visa.

What is Investor Visa?

In UAE, an investor visa is used to enter, stay, exit or get involved in business activities. It permits investors to perform both local and international investments. The vias give its holder authorization to work and live in the UAE provided that the individual qualify the law and code of conduct during their stay. It is like a temporary residence that lasts for a maximum period of 3 years. To qualify for investors visa:

  • The expats must deposit 10,000 AED with the UAE government, the amount is refundable and will be returned at the time of visa cancelation.
  • The applicant must have more than 70,000 AED worth of shares.
  • For an applicant with less than 70,000 AED shares, the deposit fee is 20,000 AED with additional visa stamp cost.
  • The applicant must approve their investment from the immigration authorities

Benefits Of Having An Investor Visa

  • No corporate Tax
  • Easier to open a corporate bank account
  • Flexibility for an Emirates ID
  • Complete repatriation of profits and investments made
  • The investor can hire local and international recruitment
  • Visa tenure can be elongated
  • The investor can obtain a residence visa

 

Documents Required For Investors Visa

Here are the documents that are required for UAE investors Visa.

For Entry Visa:

  • Passport size photograph
  • Copy of Memorandum, if relevant
  • Copy of Passport
  • Partner’s list, if relevant
  • Copy of Service Agent Contract
  • Emirate ID for other partners
  • Copy of Immigration Establishment Card
  • Bank Statement
  • Copy of Partnership Contract

For Visa Stamping:

  • Emirate ID form
  • Copy of Partner’s List and License Copy
  • Original Visa, LLC Agreement, Immigration Establishment Card, Medical Certificate and Passport

In short: all your legal documents both original and copy are required at the time of Visa Stamping

For Medical Checkup:

  • Passport size photograph
  • Visa and Passport copy
  • Typed Application

 

Additional Information For UAE Investor Visa

Dubai Real Estate Visa:

For this, the property value should be more than 1 Million AED (not the current market rate). If you have bought a property for instance at 900,000 AED and now the market value is 1 Million, then it does not qualify for Real Estate Visa. If you have leased a property area, then you’re not qualified for Dubai Property visa.

Acceptable Properties

  • Townhouse/ Villa
  • Apartment
  • Services Apartment

Not Acceptable Properties

  • Commercial Property
  • Office Area
  • Hotel Apartment/ Room
  • Ware House

 

Joint Ownership

For Entities:

In case of joint ownership of property, only one entity can apply for Dubai Investor Visa.

For Husband and Wife:

An attested marriage certificate is required in case of joint ownership of property and only one person can apply for UAE investor Visa.

Property Condition:

Your property should be in a ready condition not under construction. Also, the property needs to be in a habitable condition. If your property is declared as unsafe by the government authorities, then you will not be granted the visa.

 

Documents Required For Dubai Property Visa

For Six Month Visa

  • Original Passport
  • Good Conduct Certificate
  • Original Title Deed
  • NOC
  • Current UAE visa copy
  • 6x passport size photographs (white background)

For Two Year Visa

  • Original Passport
  • Good Conduct Certificate
  • Original Title Deed
  • Current UAE visa copy
  • 6x passport size photographs (white background)

 

UAE Launches Long Term Residence Visa For Specialists, Investors

Specialists such as engineers, doctors, scientists, researchers, technical fields and investors will receive Long Term UAE residency visa valid for up to 10 years. Apart from this, entrepreneurs, innovators, scientists and innovators students can obtain 5-year residence visa with an exceptional 10 years visas.

“This decision will be enforced by third quarter this year. Our open society, tolerant values, excellent infrastructure, and flexible legislation offer the best environment for international investment and exceptional talent.” said HH Sheikh Mohammed.”

 

Our Role in Dubai Investor Visa Process

Setup Dubai Business has been top-notch for many business organization around the globe, with a primary objective to help business magnate, manufacturer, industrialist and entrepreneurs to make their dream come true. Our Dubai visa services include:

  • Visa application process
  • Tracking of visa processing
  • Visa extension, stamping, renewal, and cancellation

We believe in the transformation of business ideas and help dreamers to follow them. For any kind of visa consultancy, do contact us today. We will assist you in every development way of your business.

 

Investor Visa Dubai, FAQs

How to get an Investor Visa in Dubai?

For this, you have to make an investment in a local business or buy property in Dubai.

How long will it take to get Investors Visa?

Time varies for each applicant, in general, it takes up to 30 days.

What is the minimum cost for a Dubai Investor Visa?

The minimum cost to obtain the visa is 9,000 AED.

What is the duration of a Dubai Investor Visa?

Dubai investor visa is valid for 3 years.

Dubai Startup and SMB Summit 2nd October 2019 Dubai

Dubai Stratup SMB_Summit

Dubai Startup and SMB Summit

Date and Time:

Wed, October 2, 2019

8:00 AM – 5:00 PM Gulf Standard Time

Location: JW Mariott Marquis Hotel, Sheikh Zayed Road, Dubai, United Arab Emirates

The Dubai Startup and SMB Summit is a global chain of events specially designed to aid the economy and provide financial opportunities for startups, small and medium businesses around the globe. After the success rate from the previous summit, we’re proud to announce our 2nd season in the heart of Dubai, UAE!

Join summit,  and be a part of 500+ delegates and over 300+ companies across UAE, Bahrain, KSA, Oman and other parts of the Middle East. The main objective of this summit is to provide a platform of dialogue and discussion for startups for ‘Sustainable Innovation’.

 

Features:

  • Entrepreneur and Founders
  • SME/SMB/Executives and Owners
  • Consultant and Mentors
  • Investors and Capitalist Firms

 

Landmark visit to help attract Chinese businesses to UAE

Landmark visit to help attract Chinese businesses to UAE

A delegation of experts headed by His Highness Shaikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Emirate of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, arrived in Beijing yesterday to boost business activities between the two countries. UAE, to become part of China’s One Belt, One Road Initiative.

Business people in the UAE are very happy with the visit as it will strengthen trading, not just with China but with the other regions of the world.

Zahoor Ahmad, Vice President at MIE Groups, said he expected the visit to help tie a better node between two economies and approves a diplomatic standpoint. He Quoted;

 

“The UAE is to become one of the pinnacle regional territories, which will accelerate that development as a hub for growth in trade not only between China and the Middle East but also beyond,” he said.

 

He also said that one of the key components of the visit is to assist Chinese Small and Medium Enterprises across 22 sectors to look at investments within Africa and the Middle East. For us, this will solidify trade relationships and encourage investments opportunities.

China is the second-largest trading partner with UAE, with around $60 Billion in trade between the two countries. It is expected that the ties with an increase of up to $70 Billion at the end of the year 2020.

DMCC Signs Two Agreements to Boost UAE-China Trade and Attract FDI to Dubai

DMCC Signs Two Agreements to Boost UAE-China Trade and Attract FDI to Dubai

Dubai Multi Commodities Centre (DMCC), one of the largest trade hub of the emirate’s free zone, signed two agreements with Chinese authorities to attract foreign investments and boost trade between China and UAE.

DMCC, one of the largest business free zone in Dubai, attracts more than 3000 businesses from 17 countries.

 

An MOU is signed by China Council for the Promotion of Internation Trade (CCPIT) and other Chinese authorities during a roadshow to promote business activities between the two nations.

Feryal Ahmadi, the Operating officer of DMCC quoted,

“We are perfectly placed to support the Belt and Road Initiative by developing national initiatives and creating new trade flows between Dubai and China.”

The Belt and Road Program of Beijing is to create the old silk road and performs as a trading route joining China with Europe and Asia. China is the second-largest trading partner of UAE and the trading expects between two countries to expected to increase by $70 Billion by 2020.

The director of Shandong Commerce Department, Yan Zhaowan also contributed the press release and said the agreement will contribute to serving as a prime business opportunity for investors. This Programme with offer insights into the commercial appeal of Dubai and opportunities for the growth of the business sector.

UAE Approves Sectors Eligible For 100% FOREIGN OWNERSHIP

Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister, Vice President and Ruler of Dubai along with his Cabinet has approved the economic and sector activities eligible for complete foreign ownership. The decision aims to support the growth of the UAE economy and position in the global arena hub for investment. A total of 13 sectors and 122 economic activities are eligible for 100% foreign ownership, which includes the manufacturing industry, agriculture, renewable energy, and space.

This initiative will boost the economy and attract more foreign investors to start their business in designated sectors and economic activities.

The review of the central bank has disclosed that the GDP grew by 2.2% year-over-year in Q1 this year and the non-oil economy rising 1.6% during the quarter.

Nine initiatives have been announced as part of the Abu Dhabi’s three-year plan, along which “Ghadan 21” initiative of AED 50bn includes “Abu Dhabi Instant License”, vendor payments within 30 days and industrial tariffs to name a few. This also includes a new scheme that guarantees Abu Dhabi Bank in case of defaults.

The government of Abu Dhabi will guarantee 75% of loan value extend to city-based SME’s run by local nationals and up to 60% for expat-run SME’s. In this case, the company should be active in their business for at least 2 years.

Remittances, on the other hand, has been declined by 11.7% year-over-year to AED 38.41bn in Q1 2019 and around 25bn was transferred through money exchange companies.

Indian accounted for 37.4%, followed by Pakistanis(10.2%), Filipinos(7.9%), and Egyptians (6%) off total remittances. Dubai and Abu Dhabi were listed as the most expensive cities for expats to live according to the newer survey published by Mercer.

Free Zone License Dubai | Free Zone License in UAE

Freezone License in Dubai UAE

Freezone Business Setup in UAE offers countless benefits for starting up a venture in Dubai. Free zones are special economic zones in Dubai designed to attract foreign investors. These business setups are fully owned by the investors and there are plenty of options you can choose from. You will get 100% ownership of your business and different tax exceptions.

You can also do international trades and if the things are not getting around, you can easily wind up your business.

It is important to note here that every free zone in Dubai has a governing free zone authority, which means all have different rules and regulations.

Free Zone License in Dubai Benefits

Here are some benefits that you will get if you have a license for trading, professional or industrial companies.

  • 100% ownership of a business
  • 100% secrecy maintained
  • No taxes
  • 3 years visas for staff, family members and investors
  • Can hold properties
  • No mainland labor rules
  • Import/Export activities
  • Easy to handle document clearance
  • Can be formed by one individual
  • Fewer Renewal Charges

Free Zones Available in Dubai For Business

Dubai has more than 30 free zones, each of which has its own terms and conditions. If you open a company in these Free Zone license, then the DED is responsible for offering a license in Dubai.

  • Dubai Multi Commodities Center
  • TECOM Investments
  • Dubai World Central
  • Dubai Airport Free Zone
  • Dubai Silicon Oasis
  • JAFZA – Free Zone
  • Ajman Free Zone
  • RAK Free Zone
  • Fujairah Creative City
  • Hamariyah Free Zone

Types of Free Zone License in Dubai

When a company is approved by the Free Zone authority, it is given a Free Zone license to carry out their operation in the area. These licenses are important for trade purposes and can be renewed annually. The Department of Economic Development (DED), is responsible for issuing these licenses in the UAE.

Free Zone Trade License

Companies that are affiliated with import and export services and are legally incorporated outside the UAE are permitted for Trade License. In this case, no license is required from the economic department and you will 100% foreign ownership.

Free Zone Industrial License

Companies that are situated inside the UAE free zone or incorporated in industrial production outside the UAE are given an industrial license. In this case, no license is required from the economic department and you will 100% foreign ownership.

Free Zone Service License

Service license is issued to the companies holding a valid license from the government body. In this case, you can do banking and contracting services as long as you meet the governing requirements. Apart from this, there are other regional licenses. E-Commerce, Logistics, Commercial and Freelance Permit.

Freezone Licence Dubai FAQ

How Many Free Zones are there in Dubai?

There are more than 30 free zones currently operating in Dubai.

How much does it cost to get a trade license in Dubai?

Trade license cost will completely depend on the type of business operation. For General Trading license, the approximate cost is around 40,000 AED.

Years ago, no one could have thought that Dubai will become a global hub for foreign investors. Dubai is leading with innovation and strong economic culture. The politically stable environment of the city offers friendly business regulations for foreign investors around the globe. The business climate of Dubai is incredibly attractive, thanks to the government that benefits both sides.

Contact Us for More Info or Call at +971 4 319 7939.

 

5 Year UAE Residence Visa Dubai | Get Dubai Residence Visa

5 Year UAE Residence Visa

Many foreign citizens and business owners come to the United Arab Emirate because of its attractiveness in several points of view. Obtaining a residence visa in the UAE is an easy process, because of the newer online procedure appointed by the government. A person can easily apply for a UAE residence visa as long as they meet the requirements.

There are many advantages of having a residence in UAE, among these the best part is the flexibility of the taxation system and high living standards, business development, clean environment, political stability and expanding the economy. Some companies also sponsor their employee’s and families for residence in the emirates. A Dubai residence visa can be obtained by following several ways. Here’s a brief guide on how you can get residence visa Dubai.

Dubai, A place of Fiscal Oasis

Apart from having the world most expanding economy, the main attraction of working and living in the UAE is its lack of taxes. In Dubai, There is no Withholding tax, income tax, social security contributions, capital gain tax or many of the other taxes. Likewise, there are many free zones companies that are further protected by the taxation system.

To obtain a residence Visa in the UAE, an expat must register for a NIC (National Identity card) and undergo certain blood and medical checks. If you’ve applied for a work permit then the authorities would check your qualifications or skills in the particular field.

A Change in the System

As of March 2016, the immigration process has been completely changed. First, you have to visit the immigration department physically in order to apply for a UAE visa. Now, because of the initiative of the UAE vision system, the entire process can be applied online. There are typing centers introduced in the Gulf where you have to submit your required documents with Emirate ID Authority and Immigration Department.

UAE Residence Visa, Things to Remember Before Applying

  • A UAE and GCC National cannot obtain Residence Visa.
  • A foreign citizen is required to obtain a residence permit
  • Any UAE register company can sponsor a UAE residence visa, along with the work permit
  • A residence visa can be used to open a bank account, register a car, shopping in the emirate, obtain a driving license and much more.

Dubai Residence Visa Requirements

In order to obtain a UAE residence visa, one must have a local sponsor who must fulfill certain conditions. Residence visa in Dubai can be acquired by:

  • Opening a company in Dubai

The most convenient way of getting a residence visa is opening a company in the UAE. The process for business persons are straight forward and doesn’t require many documents. Because all the verifications are completed at the time of company registration. Moreover, it is not necessary that a company should perform in the UAE premisses. It can also operate in other regions too.

  • Employment with a Dubai Company

For this, you first need an employment visa. After this, all your legal documents are handled by your employer. An employment residence visa can also be applied from the Dubai Free Zone Authority.

  • Purchasing a Property

Upon purchasing a property of at least 1 Million Dirhams, you can obtain a residence visa in the UAE. The time period for such a residence permit is 2 years.

Documents Required for Dubai Residence Visa

  • Passport size photograph
  • Copy of passport
  • A bank statement
  • Children birth certificate, if relevant
  • An Employment Contract
  • Passport copies of spouse and kids, if relevant
  • Passport copy of the sponsor’s
  • A tenancy contract, if relevant
  • Marriage certificate, if relevant

Additionally, the fee for each type of residence visa is different.

The Process of Getting Residence Visa

  • Gather all the required documents
  • Visit the official typing center
  • Submit all your documents to the authorities
  • The typing center will type all your basic information
  • The typing center will then approve immigration
  • You will receive SMS notification of your application approval
  • A courier will collect your passport
  • Visit the immigration department with your PRO to get a visa, if relevant

Types of Residence Visa in the UAE

  • New Employment Visa

An Employment visa is used to enter the UAE and is considered as a precursor for obtaining a Residence permit. If an immigrant comes to the UAE, he/she must have a valid Emirate ID and good conduct certificate from the home country.

  • Mission Visa

This is a 90 days visa, that allows individuals to work for a company. Do not compare a Temporary Work Permit (TWP) with Mission Visa. A TWP is just a work permit, not a type of visa. A mission visa is obtained from the Ministry of Labour (MOL).

  • House Maid Visa

You can employ a housemaid in the UAE if your salary is more then 8000 AED. There are some pre-conditions that you must follow in order to employ a housemaid. For instance, you must be a married person with your wife living in the house. Your maid’s nationality can be only Ethiopian, Indian, Bangladesh, Indonesia, Philippines, and Sri Lanka.

  • Relative Residence Visa

You can sponsor your Blood relative, for instance, Brother, sister, parents, parents-in-law etc. A special application is required in this case.

  • Student Residence Visa

A fulltime college student can get a UAE residence visa, upon renewal of visa every year. Note that colleges or Universities students can apply for a residence visa, not High or grade school students.

  • Residence Visa for Wife and Children

If your family is living outside the UAE then, you first need to apply for an entry residence visa. You can sponsor your daughter and Sons as long as they are not married and 18 years of age. On the other hand, a wife can also sponsor their children and husband. If you’re working in the medical or teaching sector then your salary should be more then 4000 AED and if you’re working on any other sector then your salary should be more then 8000 AED. Plus special permission is required from DNRD (Department of Naturalisation and Residency Dubai).

Expiry of UAE Residence Visa

Residence visas are not canceled automatically when they expire, instead, they become invalid. This usually happens after the expiry date or if you stay outside the UAE for 180 days.

5 Years Residence Visa Dubai

After retirement, a foreign citizen will be allowed to stay for a longer period of time in the UAE. The cabinet on the recent meetup adopted a resolution to support the economy of the country by reducing fees for electricity consumption for small, medium and larger organizations.

 

“We launched today an initiative to support the industry sector and to affirm UAE’s position on the global map as an attractive investment destination that provides an integrated environment for growth and sustainability,” His Highness, Sheikh Mohammed Bin Rashid Al Maktoum said.”

 

The 5 years residence visa will be provided to the foreign citizens of age 55 years(retired) old. The expat should specify the following conditions:

1: Investing in a property worth 2 Million AED, or,

2: Have savings of more than 1 Million AED, or,

3: Have an active monthly income of 20,000 AED.

How to obtain a Residence Visa in the UAE?

It is necessary to provide a copy of passport and other documents for obtaining a residence permit. In some cases, additional documents are required such as utility bills, bank statement, proof of property for current residence. Depending upon your case, it will take 2-3 weeks to process all the documents. After this, you and your family can receive a residence permit in Dubai.

To obtain a UAE residence visa within a shorter period of time without any trouble, Setup Dubai Business would be delighted to help you. We have a great experience for providing UAE residence visa at an affordable low cost. To apply for a UAE residence visa, Make an Inquiry or Contact us by phone.

Dubai Residence Visa FAQs

What is the minimum needed to apply for Dubai Residence Visa?

The minimum salary requirement for residence visa range from 3000 AED to 10,000 AED.

What are the documents required for UAE good conduct certificate?

  • A valid Emirates Identity card
  • An active Email Address

How long can I stay in the UAE?

Upon certain requirements, a person can stay in the UAE for a period of 30 days to 5 years.

What is the health check in the UAE?

After entry, the applicants need to go to a government hospital for a medical check. The medical check includes Chest X-ray for HIV, Tuberculosis, Blood Test, Hepatitis B-C, Syphilis and Leprosy.

How to get a 5 year UAE residence Visa?

UAE 5 year residence visa is only available for retiree person having an age of 55 years old under the following conditions.

  • 2 Million investment in a property, or,
  • 1 Million savings, or,
  • 20,000/month active income.

Business Setup in Dubai Free Zone | UAE Free Zone Company Setup

Business Setup in Dubai Free Zone

Business Setup in Dubai Free Zone – A Compact Guide

Over the last couple of years, the world has witnessed the everlasting economy of Dubai and considered it as one of the top business destinations for foreign investors.

One of the seven emirates of UAE, Dubai has one of the finest and state of the art facilities for investors and international companies looking to expand their businesses into other regions.

The government has established new rules and regulations for foreign investors and has made the procedure fast-tracked. Dubai carries the most successful economic perforce within the gulf. It offers a politically stable financial climate, which helps businesses to successfully operate in this region.

One of the best initiatives of the UAE government is to start Free Trade Zones in the country. These free zones are aimed to capitalize on the economic structure of the region. The much attracted low tax system of the emirate makes it perfect for a business set up. Whatever you’re a fully developed company outside the region or wanted to start a completely new business set-up, the city has benefits for all of them.

Here’s a compact guide on how you can establish your business set-up in Dubai with all the key requirements.

Benefits of Having a Business Set-Up in Dubai Free Zone

Free Zones are the most favorable location for many foreign investors because they are equipped with duty and tax exemptions, flexible government policies, state-of-the-art infrastructure, business amenities, and everlasting facilities. Below mentioned are some of the major benefits of having a business startup in Dubai Free Zones.

  • 100% ownership for investors
  • 100% tax exemptions
  • 100% repatriations of profits
  • Exclusion of Import/Export Duties
  • Warehouse and office facility
  • The individual company set up
  • International business facilities
  • Fewer renewal charges
  • Complete secrecy of business
  • General Assistance and support services

List of Free Zones Available For a Business Startup in Dubai

Dubai has more than 30 free zones, each of which offers a wide range of activities for company formation :

  1. Dubai Academic City
  2. Dubai Healthcare City
  3. Dubai Internet City (DIC)
  4. Dubai Media City
  5. Dubai Biotechnology & Research Park (DuBiotech)
  6. Dubai Design District
  7. Dubai Gold and Diamond Park
  8. Dubai World Trade Center Free Zone
  9. Dubai Airport Free Zone Authority (DAFZA)
  10. Dubai Multi Commodities Centre or Jumeirah Lakes Towers Free Zone
  11. Dubai Creative Clusters Authority (Dubai Technology and Media Free Zone Authority)
  12. Dubai Car and Automotive City Free Zone (DUCAMZ)
  13. Dubai Industrial City (DIC)
  14. Dubai International Academic City
  15. Dubai International Financial Centre
  16. Dubai Knowledge Village
  17. Dubai Silicon Oasis
  18. Dubai South Free Zone
  19. Dubai Logistics City
  20. Economic Zones World
  21. Meydan Free Zone
  22. Dubai Maritime City
  23. Dubai Techno Park
  24. Dubai Outsource Zone
  25. Dubai Flower Centre
  26. Dubai Studio City
  27. International Media Production Zone
  28. Jebel Ali Free Zone
  29. Meyden Free Zone

UAE Free Zone Company Setup

In order to start a business set-up in Dubai, first, you’ve to specify the type of business activity you wish to carry out in the region. Your business activity helps you to choose the best free zone authority. There are many free zone authority available in Dubai that its easier to find one that suits your needs. However, some free zone authority offers a wide variety of business activities.

DAFZA and DMCC offer the most DED listed activities in the region. For some business startup, you’re required to have a business license. A  license is issued by the DED to carry out a business operation in Dubai.

Types of Business license available in Free Zone

  1. Trade License
  2. Service/Commercial License
  3. Industrial License

Types of legal entities Allowed in Dubai Free Zones

  1. Free Zone Establishment
  2. Free Zone Company
  3. Branch Office

How to Set Up a Business in Dubai Free Zone?

Dubai offers rewarding options for investors around the globe to start their business operations in the region. There are certain formalities that must be completed in order to carry out your business operation in Dubai. These procedures are mentioned below.

Procedure For FreeZone business setup

  1. Choose a Business Activity

First of all, choose your business as it will depend on your business license. Many Dubai free zones allow multiple activities but it is important that you specify your business activity.

  1. Find a Free Zone

Now according to your business activity, find a free zone in the emirate. There are sector-specific zones that will help you in this process. Apart from this, it’s your choice to select the best free zone.

  1. Choose a Company Name

The next step is to choose a company name for your organization and register it with the free zone authority portal. Your business name should be unique in this case. There are also some standards that you should follow while registering your company name.

  1. Gather All The Documents

Once you’re done with the company trade name, now is the time to apply for a business license. Type of the license will depend on your business activity. For this, you have to submit the required documentation to the authority and fill out some paperwork.

  1. Open a Corporate Bank Account

After you’re registered in the free zone, you can now open a corporate bank account. For this, you’re again required to submit all your documentation with a business license to the financial department.

Documents Required for Business Setup in Dubai Free Zone

  • Shareholder Visa/Passport, if applicable
  • Application Form
  • Business plan
  • Board Resolution
  • Memorandum and Articles of Association
  • Letter of Intent
  • NOC from Current sponsor, if applicable
  • Registry Identification Code
  • Copy of existing trade license

Conclusion:

Dubai free zones are extremely popular among business owners and entrepreneurs around the world. Company formation in Dubai has become easier than ever. Now you can apply online with all your legal documentation. Freedom of doing business, favorable government policies, easy to register portal and huge tax savings lead investors to set up their business operation in Dubai Free Zone.

Setup Dubai specializes in company formation in Dubai free zone and will help you complete your dream as a business owner without worrying about the documentation, residence permit, banking details, visa applications, and every other legal requirement.

 

Contact Us for UAE free zone company setup and our specialized team will happy to assist you.

Global Innovation Summit 2019, Dubai UAE

global innovation summit

Global Innovative Summit 2019

Date and Timings:

Thu September 5, 2019

9:00 AM – 5:30 PM Gulf Standard Time

Location:

DIFC

Dubai, United Arab Emirates

One of the biggest Innovative Summit is back with newer creative ideas and innovation conference. In September, get ready to meet your favorite business minds on one platform to know their secret ingredients of success and achievements. Learn from different business experts around the globe and make new connections in the region.

Features

  • Future Skills and Jobs
  • Future Growth Industries
  • Future Corporate Capabilities
  • Connect and re-connect with business keynotes