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Free Zone Company Formation in Dubai, UAE
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Dubai has a number of free zones that offer attractive options for setting up a business. These free zones typically offer 100% foreign ownership, tax exemptions, and streamlined processes for company formation. Some popular free zones in Dubai include:
Dubai International Financial Centre (DIFC): This is a leading financial hub in the Middle East and offers a range of options for companies in the financial services industry.
Dubai Silicon Oasis Authority (DSOA): This free zone is designed for technology-based companies and offers a range of support services for businesses in the technology sector.
Dubai Multi Commodities Centre (DMCC): This free zone is focused on the trading of commodities such as gold, diamonds, and other precious metals.
Dubai Media City (DMC): This free zone is designed for companies in the media and advertising industry and offers a range of support services for businesses in these sectors.
Dubai Airport Freezone (DAFZA): As the name suggests, this free zone is located near Dubai airport and is suitable for companies in the logistics and transportation industries.
Each free zone has its own set of regulations and requirements for company formation, so it is important to research the specific requirements of the free zone in which you are interested in setting up your business.
In general, the process Free zone company formation in a Dubai typically involves selecting a business activity and legal structure, obtaining approvals and licenses, and registering the business with the relevant authorities. It is also important to have a local sponsor or partner, who is a UAE national, and will hold the majority shares in the company. This is mandatory in most of the free zones.
It is advisable to seek professional advice when setting up a business in Dubai free zone to ensure that you comply with all the necessary regulations and requirements.
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radiantbiz8 · 1 year
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