Free Zone Establishment ᐅ Make the right choice!

ᐅ What is a Free Zone Establishment in Dubai?
A Free Zone Establishment (FZE) in Dubai is a type of business entity that is allowed to operate within designated free zones. These zones offer significant benefits such as 100% foreign ownership, exemption from import and export duties, and favorable tax rates.

ᐅ How can I register an FZE in Dubai?
To register an FZE in Dubai, you must choose a free zone, submit the necessary application forms, provide identification documents, and make the required financial commitments. We at Cassius Law can assist you through each step of the registration process to ensure compliance with local regulations.

ᐅ What are the key benefits of establishing an FZE in Dubai?
Establishing an FZE in Dubai provides numerous advantages, including 100% ownership of the business, tax exemptions on corporate profits and imports, and full repatriation of profits. These benefits make it an attractive choice for foreign investors and entrepreneurs looking to enter the UAE market.

ᐅ Which free zones are available for FZE registration in Dubai?
There are various free zones in Dubai that cater to different industries, including Dubai Multi Commodities Centre (DMCC), Dubai Internet City (DIC), and Dubai Silicon Oasis (DSO). Each zone offers unique facilities and incentives, and we can help you determine which is the best fit for your business.

ᐅ Can a foreign national own an FZE in Dubai?
Yes, a foreign national can fully own an FZE in Dubai. This is one of the primary benefits of setting up a business in a free zone, allowing entrepreneurs to retain complete control over their companies without the need for a local partner.

ᐅ Is there a minimum capital requirement for setting up an FZE?
Yes, each free zone in Dubai has its own minimum capital requirements for FZE registration. Typically, this amount can range from AED 50,000 to AED 1 million, depending on the free zone. We can provide guidance on the specific capital requirements of your chosen zone.

ᐅ How long does the FZE registration process take in Dubai?
The FZE registration process in Dubai can take anywhere from a few days to several weeks, depending on the complexity of your application and the specific free zone's procedures. Our team at Cassius Law can help expedite this process by ensuring that all documentation is properly completed and submitted.

ᐅ Do I need a local sponsor to set up an FZE in Dubai?
No, you do not need a local sponsor to establish an FZE in Dubai. Free zones are designed to allow foreign investors complete ownership and autonomy over their business ventures.

ᐅ What types of business activities are allowed in Dubai free zones?
Dubai free zones accommodate a wide range of business activities, including trading, professional services, manufacturing, and technology. Specific activities may vary by zone, so we can assist you in determining which activities are permissible in your selected free zone.

ᐅ Are there annual fees associated with maintaining an FZE in Dubai?
Yes, maintaining an FZE in Dubai typically involves annual fees, which may include renewal of the license, office lease costs, and other operational expenses. We can provide you with a detailed understanding of these costs to help you budget appropriately.

ᐅ Can I open a bank account for my FZE in Dubai?
Yes, as an FZE, you can open a corporate bank account in Dubai. This facilitates financial transactions and can enhance your credibility with clients and suppliers. Our team can guide you through the requirements for opening a bank account as an international business entity.

ᐅ What are the tax implications of running an FZE in Dubai?
FZEs enjoy significant tax benefits, including zero corporate tax and no personal income taxes. However, it's essential to stay informed about any changes in taxation policies. We can help you navigate these implications and ensure your compliance with local laws.

ᐅ How does the expatriate process work within a Free Zone?
For expatriates wanting to work in an FZE, the process typically involves obtaining a residence visa through the free zone authority. This allows business owners and their employees to live and work legally in the UAE. We can assist you in managing the expatriate visa application process seamlessly.

ᐅ Can my FZE operate outside of the free zone?
An FZE primarily operates within its designated free zone. However, it can conduct business outside the free zone, but this often requires additional licensing and permits, including potentially partnering with a local business. Our experienced team can help you explore these options.

ᐅ What should I know about hiring employees in my FZE?
When hiring employees in your FZE, you must adhere to UAE labor law, which governs employment contracts, working hours, and termination processes. We can provide legal insights and support in drafting employment contracts that comply with local regulations.

ᐅ How often do I need to renew my FZE license?
You must renew your FZE license annually to maintain your business's legal status in Dubai. The renewal process typically involves submitting updated documents and paying the required fees. We can assist with the renewal process to ensure your business remains compliant.

If you have further questions or need assistance in establishing your own FZE in Dubai, please feel free to contact us at Cassius Law. We are committed to providing personalized support and expert guidance to help you navigate the complexities of business establishment and operations in the UAE. Our team specializes in licensing, labor law, commercial law, and expatriation, ensuring that you have the necessary resources and knowledge to succeed in your business endeavors.