Free zones have many advantages over other UAE territories, such as ease of setting up a business, no tax, and foreign ownership. Entrepreneurs looking to business setup in Dubai will find free zones to be a top choice.
Many business owners and investors are tempted to move their businesses to Dubai as they continue to grow. This will not be as simple as a free zone move, as there are additional requirements and limitations that business owners must comply with.
Dubai Free zone Companies Can Do Business in Dubai?
Dubai is not a place where free zone companies can do business. If they fulfill certain conditions, free zone companies are allowed to do business on the mainland. To open a new company in Dubai, they will need additional permits and licenses from the Department of Economic Development.
Here are some options to help you expand your business into Mainland Dubai:
- Create a civil work business
A civil work company can be established that provides a variety of professional services. A foreign person or corporation may own the company, provided that the activities of both the corporate entity (and the civil work company) are identical.
The civil work company must also appoint a UAE-based service agent to handle transactions for the foreign investor or corporate.
- Open a branch in the Mainland
Another option is to register a branch of your Free zone business in Mainland Dubai with DED and the Ministry of Economy. The branch must have the same name as the free zone counterpart and run the same business. A UAE local service agent (LSA), who will manage government transactions and obtain all necessary documents to enable company formation in Dubai, must be appointed by the branch. If UAE nationals hold 51% of the Free zone business, the branch will not need to appoint an LSA.
For decades, Dubai has been a popular location for expats and investors. By establishing new visa regulations, Dubai's government is taking proactive efforts to ensure that it remains an attractive and business-friendly location for expats. The free zone visa procedure is one such regulation, which makes it more easier for international investors to explore different types of business culture in Dubai. The above-mentioned visa procedure is simple to manage for international investors, allowing them to make an investment choice much more swiftly.
Do you require assistance?
While the process of incorporating a business is quite simple, it is strongly advised that you engage business setup specialists to walk you through the process and make it as simple as possible. We provide a sound and logical solution for all of your company setup needs at Make My Firm Business Setup.
If you have any questions, please do not hesitate to contact us.
Contact us today to schedule a no-obligation consultation call!
Make My Firm Business Setup has a variety of business solutions to suit your needs, including legal services for obtaining permits to open an office or to service it.
