Can a Freezone company trade in Dubai?

Can a Freezone company trade in Dubai?

Free zone jurisdictions do not permit companies registered under free zone authorities to do business in Dubai Mainland. Most trading companies in free zones are completely restricted from doing business in Dubai mainland.

How can I get free zone license in Dubai?

Here are the key steps to set up a business in a free zone.

1. Determine the type of legal entity.
2. Choose a trade name.
3. Apply for a business licence.
4. Choose an office space.
5. Get pre-approvals, register your business and get your licence.

What is the best and cheapest free zone trade license option in the UAE?

Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.

How can I start a company in Jebel Ali Free Zone?

Jebel Ali free zone company registration starts from:

1. 10,000 AED fee for the registration.
2. 5,500 AED license of type 1 (7 categories of products)
3. 9,000 AED license of type 2 (12 categories of products)

Can a Freezone company trade in mainland?

A Freezone company can open its business in the mainland by registering their branch with the Ministry of Economy and the DED. The branch can be wholly owned by the Freezone entity and it will have the same trade name as the parent company. There is also a requirement of appointing a UAE local service agent.

What is the difference between Freezone and LLC?

LLCs can trade directly with the local market, any free zone, or outside UAE without any restrictions. This applies to all commercial and professional licenses. A freezone license can be incorporated with or without a physical office. You can easily find offices in Business Bay, Media City or JLT business centers.

What is Freezone license?

A Free zone license is the foundational document required to do business within our free zone. Free zone licenses entitle companies of all sizes, from startups and SMEs to large multinationals, to enjoy a number of benefits to operate in Dubai.

What is free zone license in UAE?

A Free zone is a geographical region or jurisdiction which is allowed to conduct a predefined trading activity or set of activities in the UAE. Business set up in Dubai Freezone requires a license and the Freezone licenses in Dubai and UAE are issued based on the particular business activity of the company.

What is the Best Freezone in Dubai?

List of best free zones in the UAE:

• Jebel Ali Free Zone Authority (JAFZA)
• Dubai Multi Commodities Centre (DMCC)
• International Free Zone Authority (IFZA)
• Fujairah Creative City Free Zone.
• Sharjah Media City Free Zone (Shams)
• Sharjah Publishing City Free Zone (SPCFZ)
• Ras Al Khaimah Economic Zone (RAKEZ)

Which is the Best Freezone in UAE?

Dubai Multi Commodities Centre
The DMCC (Dubai Multi Commodities Centre) is a strong contender as the UAE’s best free zone. In fact, the Financial Times’ awarded it ‘Global Free Zone of the Year’ no less than four times.

What are the benefits of opening a company in Jebel Ali Free Zone?

The advantages of Jebel Ali Free Zone company setup in dubai

• 100 % Repatriation of Capital.
• 100 % Foreign Ownership.
• No currency restrictions.
• No personal Income Taxes.
• No corporate taxes.
• Abundant Energy.
• No Restriction on Hiring Foreign Employees.

How many companies are in Jebel Ali Free Zone?

Jafza – A Vital Part of Dubai’s Economy Jebel Ali Free Zone (Jafza) is a trade catalyst that is home to more than 8,000 companies from 140 countries, including Fortune-500 firms.

How to start a business in Jebel Ali free zone?

JAFZA company setup can be started without your presence, but you will need to make a visit to the free zone when the documents of your company are generated. The time-frame of Jebel Ali free zone company setup can be from 2 to 4 weeks.

How to renew Jebel Ali free zone health insurance license?

Health insurance needs to be renewed annually. Renewal of Jebel Ali free zone license costs the same as JAFZA company registration. The company renewal can be done without visiting Jebel Ali free zone. You need to provide your company’s audit report at the time of company renewal.

How many resident visas do I need for Jebel Ali free zone?

It depends on the business activity and the type of facility that you choose. Just like any other Dubai free zone, Jebel Ali Free Zone makes your company eligible for resident visas. You will be entitled to 1 resident visa per every 10 sq meters of the office space you have got. The visas are valid for 3 years.

How to apply for a business license in UAE free zone?

In order to initiate the business license application process, our professional specialists can prepare, review, attest, and submit the legal documentation. UAE Free Zones covers all aspects of doing business in the UAE and Jebel Ali Free Zone Authority countries.