Cost of setting up a freezone company in Dubai ᐅ Make the right choice!

ᐅ What are the costs associated with setting up a freezone company in Dubai?
The costs associated with setting up a freezone company in Dubai can vary based on the specific freezone you choose and the nature of your business. Typically, you may encounter registration fees, office rent, licensing fees, and visa costs. We at Cassius Law can help you navigate these varying costs to ensure your business is set up efficiently without any hidden surprises.

ᐅ Are there any additional fees involved in the Dubai freezone company setup?
Yes, besides the primary costs, there are often additional fees such as bank account setup fees, document attestation charges, and possibly even consultancy fees if you opt for professional services. Our team at Cassius Law will provide a transparent breakdown of all potential expenses, ensuring you have a comprehensive understanding of your financial obligations.

ᐅ How does the cost of setting up a company in a Dubai free zone compare to other locations?
The cost of setting up a company in a Dubai free zone is often more competitive compared to many other global business hubs. Dubai offers tax incentives and a business-friendly environment that enhances the overall value for foreign investors. Our expertise at Cassius Law allows us to equip you with valuable insights into making the right financial decisions for your company establishment.

ᐅ What is the average cost of forming a Dubai free zone company?
On average, the cost of forming a Dubai free zone company can range from AED 10,000 to AED 50,000, depending on various factors such as the chosen free zone and the scale of your operations. At Cassius Law, we can provide tailored advice to help you find the most cost-effective solution that meets your business needs.

ᐅ Do I need to hire a local sponsor for setting up a freezone company in Dubai?
No, when setting up a company in a Dubai free zone, you do not require a local sponsor. Free zones allow 100% foreign ownership, eliminating the need for a local partner that is typically required in the mainland setup. We are here to guide you through the various free zones and help you select the one that suits your business objectives best.

ᐅ What types of businesses can I register in a Dubai free zone?
You can register various types of businesses in a Dubai free zone, including trading, consulting, manufacturing, and services. Depending on your business model, specific regulations may apply. Cassius Law is here to assist you in understanding the exact nature of business activities permitted in the free zones that interest you.

ᐅ How long does the process of setting up a freezone company in Dubai take?
Setting up a freezone company in Dubai can usually be completed within a few weeks, provided all documentation is in order. However, delays can occur due to incomplete documentation or other unforeseen factors. We at Cassius Law ensure that your application process is smooth and efficient, reducing the time it takes to get your company operational.

ᐅ What documentation is required to establish a company in a Dubai free zone?
The documents typically required include a business plan, passport copies of shareholders, a no-objection letter (if applicable), and proof of initial capital deposit. Depending on the free zone, additional documents may also be necessary. We assist in preparing all required documentation to ensure a seamless setup process.

ᐅ Are there tax benefits associated with setting up a freezone company in Dubai?
Yes, establishing a company in a Dubai free zone generally offers significant tax benefits, including exemptions from corporate taxes and customs duties. These incentives make Dubai an attractive option for foreign investors. At Cassius Law, we help you understand how to leverage these tax advantages properly for your business.

ᐅ What is the process for obtaining a business license in a Dubai free zone?
The process for obtaining a business license in a Dubai free zone involves submitting the required documents, paying the licensing fees, and obtaining approvals from the relevant free zone authority. Our experienced team at Cassius Law can help streamline this process, ensuring that all procedures are followed efficiently.

ᐅ Can I relocate my existing business to a Dubai free zone?
Yes, it is possible to relocate your existing business to a Dubai free zone. However, the process requires careful planning and adherence to specific regulations depending on your current setup. We at Cassius Law provide guidance on how to smoothly transition your business operations to a free zone.

ᐅ What are the benefits of setting up a freezone company in Dubai?
Setting up a freezone company in Dubai comes with numerous benefits, including 100% foreign ownership, tax exemptions, easy repatriation of profits, and a strategic location that connects you to emerging markets. These advantages make it an appealing option for entrepreneurs and businesses looking to expand. Count on Cassius Law to help you take full advantage of these benefits.

ᐅ What are the different types of free zones available in Dubai?
Dubai is home to several free zones catering to various sectors, including Dubai Multi Commodities Centre (DMCC), Dubai Internet City, and Dubai Media City, among others. Each zone has specific regulations and benefits tailored to particular industries. At Cassius Law, we assist you in selecting the most appropriate free zone that aligns with your business activities.

ᐅ Is it necessary to have a physical office to set up a freezone company in Dubai?
Most free zones in Dubai require you to have a physical office space, though some offer flexible options like virtual offices. The specifics can differ by free zone, so it's essential to understand what is required. Our experts at Cassius Law can help ensure that you meet all criteria while maximizing your investment.

At Cassius Law, we pride ourselves on our ability to assist clients in navigating the complexities of setting up a freezone company in Dubai. Whether you are unsure of the initial costs or need detailed advice on the entire process, our team is here to deliver tailored support and expertise. Contact us today to get started on your business journey in Dubai.