The Dubai Free Zone Authority is in charge of all new company registration procedures and provides international entrepreneurs with business licences. Companies in the Dubai free zone have numerous opportunities to network, collaborate, and develop. Dubai has been the most appealing destination for international companies due to its tax-free regime, full foreign ownership, and other advantages.
Types of Licences for Dubai Free Zone Business Setup
The Dubai free zone authorities issue the following types of new business licenses:
- General Trading Licence: This license permits you to trade in different types of goods, except for a few banned products that need special approval.
- Trading Licence: This license permits you to carry out different trading activities, such as buying, selling, import, and export of certain commodities.
- Service Licence: This license permits you to undertake professional services like consulting, plumbing, coaching, etc.
- Industrial Licence: This license permits you to carry out industrial activities, such as manufacturing, processing, packaging, and more.
Benefits of Dubai Freezone Company Formation
- Access to world-class infrastructure
- Access to business amenities and conveniences
- Business-friendly environment, government rules, regulations, and policies
- 100% foreign ownership, full repatriation of capital and profits
- No corporate or personal tax
- No customs duty or currency restrictions
- Top-of-the-line business support services
