The cost of a trade license in the Dubai Free Zone. To establish any business activity in Dubai, a trade license in the free zones is among the most attractive options for international and local investors alike. Free zones in Dubai enjoy multiple investment advantages, including full tax exemptions on profits and exports, facilities for foreign ownership of companies, and no restrictions on transferring capital or profits. These areas are also distinguished by their advanced infrastructure and integrated services that effectively support business activities.
The costs of obtaining a business license in the Dubai Free Zone vary based on the type of activity and the required space. These costs include registration and licensing fees, and administrative services costs. The cost of a commercial license in the Dubai Free Zone. Itqan Company can provide the necessary guidance and support in all steps of obtaining a commercial license, which makes it easier for investors to achieve their goals efficiently and smoothly in a favorable and stimulating business environment, as is the case in Dubai.
Cost of a business license in Dubai Free Zone
Steps to obtain a commercial license in the Dubai Free Zone
Dubai free zones are one of the best options for investors who want to establish their business in a developed and stimulating investment environment. These areas offer significant tax exemptions, full corporate ownership, and simplified registration procedures, making them an ideal destination for international and local businesses alike. Steps to obtain a commercial license in the Dubai Free Zone:
- Choosing a business activity: The investor must begin by determining the type of business activity he wishes to practice in the Dubai Free Zone, as the activity must be compatible with the activities permitted in the chosen free zone.
- Choosing a free zone: Free zones in Dubai vary with regard to the specializations and services available, so the investor must choose the zone that suits his business needs.
- Submitting the application: An application for a trade license is submitted to the relevant authorities in the free zone. Required documents such as passport, business plan, and personal details must be submitted to officials.
- Application Review: After submitting the application, it is reviewed by local authorities to ensure that all conditions and requirements are met.
- Payment of fees: Issuing a trade license requires payment of prescribed fees, which may include registration fees and administrative services fees.
- Receiving the license: After the application is approved and the fees are paid, the final trade license is issued, allowing the company to legally start business.
Establishing a company in a free zone in Dubai is a strategic step that attracts many investors thanks to the advanced investment environment and the great tax advantages that these places provide.
How to renew a commercial license in the Dubai Free Zone
If you are one of the investors who have chosen a free zone in Dubai to establish their business, renewing the trade license is an essential part of the sustainable investment process. Renewing the license requires adherence to clear procedures in accordance with the legal and administrative requirements applicable in the free zones in Dubai. How to renew a commercial license in Dubai :
- Preparing documents: Before starting the renewal process, you must prepare the required documents such as the renewal form, current financial certificates, passport of the legal officer, and any additional documents as needed.
- Filling out the renewal form: Renewal requires filling out the official renewal form provided by the local authorities in the free zone. All necessary data must be carefully reviewed and updated.
- Payment of fees: You must pay the prescribed renewal fees, which vary based on the type of activity and the size of the company.
- Review and submit the application: After completing the documents and paying the fees, the renewal application is submitted to the relevant authorities in the free zone.
- Authorities review and approval: The renewal application and submitted documents are reviewed, and if approved, the renewed license is subsequently issued.
Renewing a trade license in free zones in Dubai enhances the continuity of your business and ensures compliance with local laws and legislation, which contributes to maintaining commercial activity in the best possible way in this distinguished investment environment.
Basic costs of obtaining a business license in a free zone in Dubai
Dubai’s free zones are considered one of the most important investment destinations in the world, as they provide an ideal environment for establishing and operating businesses efficiently and at globally competitive costs. A trade license in these areas is a popular option among investors, due to the great facilities it provides, such as tax exemptions and full foreign ownership of companies. Basic costs for obtaining a commercial license in a free zone in Dubai: The costs for obtaining a commercial license in a free zone in Dubai vary according to the type of activity and the chosen free zone. These costs usually include:
- Registration fees: The cost of initial registration of the company in the free zone.
- License fees: The costs of obtaining the necessary licenses to practice the chosen business activity.
- Administrative services costs: Annual administrative services fees, which include administrative services and logistical support.
Investing in a commercial license in a free zone in Dubai is a strategic investment that provides a stimulating environment for business, while maintaining cost efficiency. Itqan Company provides the necessary support and assistance to investors to ensure that they benefit to the maximum extent from the competitive advantages provided by the free zones in Dubai.
Tax facilities available in the Dubai Free Zone
Tax facilities available in the Dubai Free Zone
Dubai’s free zones are one of the most prominent economic zones in the world, combining an advanced investment environment with attractive tax facilities. A trade license in these areas is an ideal option for investors who seek complete independence and attractive tax exemptions. Tax facilities available in the Dubai Free Zone: Dubai free zones provide tax facilities that make them a preferred destination for international business and investments. Among these facilities are:
- Complete tax exemptions: Companies registered in Dubai free zones are completely exempt from taxes on profits for a period of up to 50 years, which contributes to increasing profits and internal investments.
- No income tax: Dubai free zones do not impose any taxes on income, including personal and corporate income tax, which enhances the attractiveness of foreign investments.
- Facilitations in foreign ownership: The free zone system in Dubai allows full ownership of companies by foreign investors, which increases the flexibility of operation and expansion in the global market.
Thanks to these great tax facilities, Dubai’s free zones are an ideal haven for companies looking for an advanced investment environment that supports unlimited growth and expansion. Itqan Company provides the necessary support and assistance to investors to make the most of these favorable tax facilities in Dubai.
Find out the cost of a commercial license in the Dubai Free Zone
Ultimately, Dubai ‘s free zones stand out as an ideal choice for investors seeking to establish their businesses in a sophisticated and stimulating business environment. With full tax facilities, full foreign ownership of companies, and advanced infrastructure, these regions offer unlimited growth and expansion opportunities. The costs of obtaining a commercial license in the free zone are considered a strategic investment due to the significant savings that enable investors to allocate their resources more efficiently in developing their businesses.
Through our partnership with Itqan Company, we ensure that we provide the necessary support to investors during all stages of seizing this opportunity, starting from business planning consultations all the way to completing licensing procedures and establishing the company. Your investment in a business license in the Dubai Free Zone is not only a financial investment, but rather an investment in a bright future for your business, as this opportunity allows you to access new markets and expand globally with confidence and stability.
In short, the Dubai Free Zone trade license reflects an ideal balance between cost efficiency and a stimulating investment environment, making it an indispensable choice for those seeking to achieve success and sustainability in today’s business world.
Frequently asked questions about the cost of a business license in the Dubai Free Zone
What are the basic costs of obtaining a business license in a free zone in Dubai?
Costs vary depending on the type of activity and the chosen free zone. Typically includes registration fees, licensing fees, and administrative services costs.
Are there additional costs later after obtaining the license?
Yes, subsequent costs include annual license renewal, maintenance fees, and additional administrative services fees if necessary.
What tax facilities are available in the Dubai Free Zone?
Dubai free zones provide full tax exemptions on profits, usually exempt from income taxes for up to 50 years.
Can I fully own my company in Dubai Free Zone?
Yes, foreign investors can obtain full ownership of their companies in Dubai free zones without the need for a local partner.
Can I move my company from one free zone to another in Dubai?
Yes, your company can be easily moved from one free zone to another in Dubai, but there may be transfer fees applied for that.
