The Perfect Plus is a team of creative professionals offering Business Setup in the Dubai Free Zone and many other services related to the sector.
Companies of various kinds, from startups to small and medium-sized businesses to major multinationals, can take advantage of a variety of perks in Dubai’s free zones, including 100 percent foreign ownership and tax exemptions. Companies with a national or worldwide presence who want to open a new branch or relocate activities in the free zone must first get a free zone license. For corporations, the free zones offer a very competitive, one point of contact operation, allowing them to function smoothly as an onshore registered firm, under an independent free-zone license, or as a dual licensed enterprise from within the same zone.
Once you’ve decided on the type of business you want to start, you can apply for a free zone license. Following the foundation of your company, you are qualified to apply for the license that best meets your business needs. The free zone authority issues a trade license, an industrial license, a service license, or a national industrial license to a free trade zone approved enterprise. As long as the lease agreement is in effect, it must be renewed annually.
A Trade license is granted to companies that are lawfully incorporated outside of the UAE and engage in imports and exports. An Industrial license can be granted to companies that are lawfully incorporated in industrial production outside of the UAE and are located within the Free Trade Zone. Companies with a valid service license from the relevant government body in the UAE can provide banking, contracting, and other services, but must adhere to the governing body’s regulations. In the UAE, industrial firms with a national industrial license have the same status as a local or GCC corporation.
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