SET UP YOUR FREEZONE COMPANYBUILD A FREEZONE COMPANY TODAY

Where to begin? There are more than 50 freezones in the United Arab Emirates. To succeed with your business, you must establish it in the correct freezone.

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FREEZONE BUSINESS SETUP

OnTime Business Setup has established companies and start-ups in over 50 freezones across the United Arab Emirates. Several factors come into play when choosing the right free zone for your business’ distinctive needs. Some of them may include locality, budget, style, the number of employees, workspace, the ability to audit and bookkeep, and a certain amount of equity in the company.

This is where OnTime enters the picture — our highly trained team will guide you through the taxing process, steering you in the right direction at every step, ensuring a stress-free and cost-efficient experience that sets up the business of your dreams.

Choose OnTime for the ultimate satisfaction now!

Pick the best platform for your project
Prepare for possible future expansion and upgrades.
Conduct business anywhere in the United Arab Emirates
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UAE Freezone's

SPC Freezone

SPC Free Zone is one of the most centrally located and easily accessible free zone in the UAE. It provides 1, 2, 5 and 10 year trade license options, with over 1500 business activities to choose from. Additionally, the freezone offers 100% ownership, zero paid-up share capital, and the ability to opt for a dual license that allows mainland business setup combined with freezone.

SHAMS Freezone

Shams Free Zone is one of the most preferred choices amongst new entrepreneurs in the UAE. Sharjah, the cultural and historical capital of UAE, opens the door for future small and medium-sized businesses to be able to compete in the market.

Sharjah is third largest Emirate of the UAE. The opening of three freezones has led Sharjah to becoming a fast-paced and revolutionary economic location.

Meydan Dubai Freezone

The Meydan Free Zone is strategically located inside The Meydan Hotel, facing the iconic Meydan Racecourse that hosts Dubai World Cup and The Track. Mere fifteen minutes away from Dubai International Airport, and easily accessible from all parts of the city, Meydan Free Zone is an excellent choice for business owners considering locations that foster professional and creative connections, offering over 1500 business activities to pick and choose from.

IFZA Dubai Freezone

IFZA is Dubai’s leading freezone. It focuses on providing SMEs and B2B companies unparalleled solutions and infrastructure, leading to their expansion both locally and internationally. It is the only B2B centric freezone in UAE, and offers and array of services such as corporate advisors and law firms. IFZA offers a lifetime investor visa package for any businesses that require it, as well as many more profitable deals.

BENEFITS OF ESTABLISHING A BUSINESS IN A FREEZONE

Why is launching a business in a freezone advantageous?

Retain Control

Freezones in the United Arab Emirates allow international investors to run their companies without the need of a local partner.

Licensing Agreement for a Business

Prior authorization from certain agencies is required for several company categories. You can contact us for a free consultation! You will be guided by our specialists to determine the essential measures to begin your business.

Financial Incentives

In addition to 0% corporate and income tax, as well as the absence of customs charges on imports and exports, the UAE freezones provide added financial advantages such as the ability to repatriate 100% of company profits.

Industry-Specific

Freezone enterprises may also benefit from the fact that a large number of freezones in the United Arab Emirates are sector-specific. Because of this, entrepreneurs have a quick and easy access to a wealth of information from other experts in the sector.

STEPS TO SET UP FREEZONE COMPANIES IN THE UNITED ARAB EMIRATES

OnTime makes it easy to start a business in Dubai. Be it the mainland or offshore, we can help you establish your enterprise in a freezone.
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You will be guided

Step-by-step instructions will guide you precisely through the setup process at all times, so you know what your next course of action is.

We do all the heavy lifting

If you don’t want to sweat it, don’t fret, we’ll take care of everything for you so you don’t have to worry about a thing.

Process Time

OnTime works hard behind the scenes to ensure your UAE freezone business formation is a perfect milestone, taking only 7 business days.

Frequently Asked Questions

Can I start a Free Zone company in Dubai with 100% ownership?

UAE freezones already allow 100% foreign ownership, but in general do not allow entities established within freezones in UAE to trade on the mainland.

How can I start a freezone company in UAE?

Here are the key steps to set up a business in a freezone:
1. Determine the type of legal entity.
2. Choose a trade name.
3. Apply for a business license.
4. Choose an office space.
5. Get pre-approvals, register your business and get your license.

Which is the cheapest freezone in UAE?

Top 5 Cheapest free zones in the UAE:

1. Sharjah Research Technology and Innovation Park (SRTIP)
2. Ajman Media City (AMC)
3. Sharjah Media City Free Zone (SHAMS)
4. Ras Al Khaimah Free Zone(RAKEZ)
5. International Free Zone Authority (IFZA), Dubai.

Can a freezone company do business in Dubai mainland area?

Freezone jurisdictions do not permit companies registered under freezone authorities to do business in Dubai Mainland. Most trading companies in freezones are completely restricted from doing business in Dubai mainland

Am I required to be a UAE resident to own a Free Zone company?

No, freezone companies do not require the owner to live in the UAE, as it offers 100% foreign ownership. However, in most cases, a general manager of the company is required to be a resident of the UAE. Freezones in UAE are hence an attractive option for many investors.

How much is the customs duty applicable to a Free Zone company?

Free Zone companies are exempted from export and import customs duties in the UAE.

What are the types of companies in a Free Zone?

There are two types of companies you can establish in the Free Zone. They are a Sole Establishment (FZE), with one shareholder, and a Free Zone Company (FZC) where there are two or more shareholders.

What are the benefits of the Dubai Free Zone company formation?

Benefits of company formation in Dubai freezone:
1. Full foreign ownership of business: Free zones permit foreign investors to get 100% ownership of their business.
2. Full profit repatriation: Free zone companies can repatriate all their profits to their home country.

What is the cost of setting up a freezone company in UAE?

The cost of a Freezone company depends on the type of license, number of visas, etc, and can range from AED 5760 all the way to AED 50,000.

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