DMCC free zone is a place where you can start your business and grow it into something bigger. It’s a place where you can build your business, connect with others and make connections that will set you apart from the competition.

Here’s a list of some major benefits:

At DMCC, you will get great exposure for your business as the free zone is home to more than 21,000 businesses from all over the world. 

DMCC offers 100% ownership and capital repatriation, which means you can have 100% foreign ownership of your company, remit 100% of profits to the home country and enjoy the benefits of having a company in the DMCC free zone.

DMCC is the place to be for starting a business in Dubai. It’s a world-class environment with a large network of global businesses, and an easy and quick setup With DMCC you get a quick free zone business setup in Dubai. It provides a trade license within 10 days of submitting your application form.

DMCC is located in the heart of Dubai which is in Jumeirah Lake Towers. This is why DMCC free zone offers many options for connectivity to major airports, along with easy logistics nearby.

DMCC is a hub for the business industries and it has a lot to offer. From technology to e-commerce, there are many things you can do. The most popular industries in DMCC are:

• General Trade
• Food and Agro
• Cryptocurrency and Blockchain 
• E-commerce
• Diamond and Gold
• Sports and Wellness
• Gaming
• Healthcare 
• Technology and Media 
• Aviation 
• Education 
• Finance and Banking
• Logistics

Every investor launching a company in the UAE needs to obtain a legal and valid business license. Below are the steps that will ensure a business license for you.

If you deal in providing professional services such as media, IT, legal, energy, and healthcare then a service license is for you. 

As the name suggests, an industrial license is for businesses that carry out activities such as manufacturing, and processing of light commodities such as tea, coffee, metals, etc. 

A trading license is for activities that include general trading like export, import, buying, and selling of goods to and from the UAE. 

First, you need to start by selecting your business activity and then decide on the business license accordingly. You need to fill out the online application form on the DMCC official portal. 

After filling out the application form, the next step is to submit it to DMCC and pay a certain fee. The DMCC free zone authority will then review the application and look into further approvals. 

DMCC will require some necessary documents along with the application form. The authority will further issue provisional approval and a bank letter to open a business bank account in Dubai 

The last step would be selecting an office space that is relevant to your business needs. DMCC free zone offers flexible options for it, furthermore, they will allocate an E-license so that you may start your business in the free zone. 

The application process for DMCC free zone company setup is simple, with the following paperwork:

• To begin the process, you must complete an online pre-approval application form.
• Following that, you must provide a copy of your passport for verification. 
• A copy of your UAE resident visa as well as your Emirates ID must be submitted.
• Utility bills and bank statements as proof of address in the country of residence
• Documents of the parent company. These are only required when establishing a subsidiary firm.
• Third-party permissions are required for certain regulated business activities. 

It will take around 7 days for DMCC free zone Business setup in Dubai. However, with Projectfrpjsc’s assistance, you can reduce setup time because we will aid you with everything and make the process short. Coming to the visa, the DMCC visa is a type of resident visa granted to employees and business investors who are registered in the DMCC free zone. Moreover, the visa applications will be processed by the DMCC authority in three to five working days.

Do you need help with DMCC free zone company setup? Projectfrpjsc is your perfect partner for a stress-free business establishment in Dubai. We are the best business setup consultant in Dubai, and we guarantee to make your DMCC business formation easier than ever. 

Why is Projectfrpjsc the right business partner? We help you from the beginning, from first approvals, corporate bank accounts, and trade licenses, to visas and office space. We will walk you through the entire process of establishing a business in DMCC across all industries. 

The RAK ICC offshore company is registered on the UAE’s territory without the need for a physical office, and it can only do business outside of the UAE. Such a person is eligible to open a bank account in Dubai or any other Emirate. There is no need to present yearly financial statements to the authorities for firms of this type, among other advantages, and it is simple to maintain the company. All you have to do is renew the business once a year.

• There is no corporate tax, no VAT, and no sales tax.
• There is no obligation for the management or director to travel to the UAE personally.
• 100 percent international ownership of RAK ICC Capital and 100 percent tax repatriation
• Personal presence is not required for company formation.
• The privacy of the owners and directors is protected because they are not publicly listed.
• There is no necessity for an audit or the presentation of financial statements.
• Bank accounts will be held by the UAE.

• There is no minimum capital requirement, and you are not required to file financial reports.
• The company documents do not require any legal verification, and the procedure will just take a day if you choose a licensed agent to do it for you.
• RAK ICC operates under Common Law law with access to the legal systems of the DIFC and ADGM (Abu Dhabi Global Market) Free Zones.
• You can transfer your corporate residency from another offshore jurisdiction to RAK ICC.
• Most free zones in the UAE do not grant you this power. The basic rule is that if you wish to change the free zone, you must liquidate the prior company in the free zone that you want to depart and form a new one from scratch in the new open region.
• RAK ICC also maintains a Probate and Wills record in partnership with the DIFC Wills Centre in the Dubai International Financial Centre Free Zone.

Each firm must get a license for a certain type of activity/operations while enrolling in the DMCC free zone. It is illegal to undertake any business operations on the free zone’s land without first obtaining a license from the Emirate’s government.

The following are the several types of DMCC licenses:

Trading License – Allows just the specified groups of products to be traded.

General Trading License- It enables you to trade any permissible item.

Service License – enables you to do the services listed in the license as well as consultancy services.

Industrial License – This sort of DMCC license permits you to carry out light manufacturing operations that are defined in the license.

Companies registered with the DMCC that carry out activities listed under various licensing categories must apply for separate licenses for/in each category. Licenses for the above-mentioned activities are only valid in the free zone.

The cost of a DMCC license is determined by its kind.

DMCC Free Zone provides one, two, and three-year licenses. A 2 year validity period license comes with a 5% discount on the total license price, while a 3 year validity period license comes with a 10% reduction on the total license fee.

To acquire and maintain a license, the applicant must have:

1.  valid business registration with the DMCC Administration; a valid rental agreement or freehold title to real estate; and a valid rental agreement or freehold title to real estate.

2. Should not contradict any part of the DMCC Rules or any other relevant laws, rules, or regulations in Dubai, as well as any sections of UAE federal legislation In addition, the company’s kind of business should exactly fit the DMCC license’s operations.

From the date of issuance, licenses are valid for at least 12 months. Licenses must be renewed at least 30 days before the existing license’s expiration date. Failure to comply with this condition will result in the imposition of a tariff penalty, as well as the permanent revocation of the license, or termination of a company’s DMCC registration.

The firm must do the following when applying for license renewal:

• Continue to meet all of the criteria that were in place when you originally got your license;
• be able to show that you’re in excellent financial shape by providing your most recent audited financial statements or audit report.
• confirm that the company does not owe the DMCC Administration any rent arrears, charges for utilizing the JLT Infrastructure, penalties, or other costs.
• DMCC license renewal costs must be paid following the rates.

The DMCC administration has the authority to revoke a license immediately after receiving written notice from the firm, or at the company’s request.

There are a variety of grounds for canceling a DMCC trade license or any other sort of license:

• The corporation was found to have given false or misleading information about its business and activities.
• The firm broke the terms of the appropriate license, as well as any other regulatory requirements.
• The firm violates one or more of the DMCC Rules.
• The firm acts in a way that shows it doesn’t care for the DMCC Rules, the DMCC Administration, or the DMCC, or any other applicable laws.
• The corporation does not run or perform any business.
• The firm failed to submit the application or renewal papers that were required
• The firm failed to pay any DMCC Administration fees, rent, penalties, or other charges.
• The company acts in a way that, in the view of the DMCC Administration, harms the Administration’s reputation and interests, the free zone’s interests, or the interests of other businesses or the general public.

In matters like business setup, people tend to get confused and get in chaos due to several rules and requirements. This is the time when people tend to look for an expert. A lot of chaos can be avoided if guidance is taken from the very beginning. Every venture may have unique requirements like location, customer convenience, logistical feasibility, and banking services.

We at Radiant Biz strive to understand these unique precepts and provide expert and reliable consultation to our clients with updated laws and governing regulations, awareness of their rights, and cost-effective business solutions tailor-made to their business needs and budget.

IFZA free zone company formation offers great opportunities for business facilities such as world-class office infrastructure, warehouses, and modern storage spaces equipped with the latest technology at very competitive prices. Start your business in the IFZA Free zone , Dubai, and become a part of the ever-evolving ecosystem.

Here’s a list of all the highlights of IFZA:

• IFZA Free zone has a great location, due to which you can get access to the global market.
• Several license options for thousands of business activities. 
• The ability to combine professional, commercial, and industrial licenses under one IFZA license. 
• Cost-effective pricing for your business in Dubai. 
• Business incorporation is very quick.
• Physical presence to set up a business is not mandatory. 
• No NOC is required from the current visa sponsor.
• No paid-up share capital requirement. 
• A general trading license is also available. 
• Medical insurance for business partners 

IFZA Free zone company formation in Dubai can be extremely beneficial for your business as it offers major factors that must be considered while looking to start a business in the Dubai free zone.

Below is a list of the major pointers that guarantee a booming business setup in Dubai:

• 100% foreign ownership of the company 
• Complete tax exemptions from corporate and income tax
• Residency visas valid for three years 
• International exposure for your business
• 100% repatriation of capital and profit
• Excellent options for office space, warehouse, and Flexi Desk. 
• No import and export duties
• Extremely cost-effective business setup 
• Easy corporate banking services

1. Professional License: A professional license is for businesses that offer consultancy and services.
2. Commercial License: A commercial license allows businesses to offer import, export, storage, and distribution of certain products.
3. Industrial License: An industrial license allows you to import raw materials, manufacture, process, and pack, along with export specified products.

Apart from these three major business licenses, you can also set up a branch company in IFZA. The only essential rule to be followed by the branch company is that it must conduct the same activities as done by the parent company. 

• Copy of passport for all shareholders
• Passport size photographs 
• Copy of visa for all shareholders 
• A business plan 

• Memorandum of association (MoA)
• Article of association
• Lease agreement
• Copy of certificate of company incorporation

Looking to set up a business in IFZA Free zone, Dubai is a great choice for foreign investors and entrepreneurs. With all kinds of world-class facilities for every business niche, the free zone is something that you want to consider for your business in the UAE.

Consult Projectfrpjsc for complete guidance on the process of incorporation with IFZA. Our team has all the necessary skills, resources, and experience to advice you on the best business possibilities in IFZA.

Being an active IFZA partner, we can take care of all your trade license approvals, visa applications, documentation, and all the required regulations that need to be followed. Speak to our experts for a comprehensive and successful company setup in Dubai.

Following documents are required to set up a company in JAZFA:

•  Application & EHS Application form
•  Passports copy of each Individual
• Project Summary
• Letter from company to open branch company in JAFZA (In case of Branch Company formation)
•  CV of shareholders
•  NOC from the sponsor for UAE residents applicants
•   A one-time non-refundable application fee of AED 500

JAFZA  grants a variety of business permits.

• General Trading License– The holder of a General Trading Licence can import, distribute, and store any goods following Jafza’s laws and regulations.
• Trading License- The holder of a Trading License can import, export, distribute, and store the products listed on the License.
• Industrial License- The holder of an Industrial License can import raw materials, manufacture defined items, and export the final product to any nation.
• Service License- The holder of a Service License is permitted to carry out the services specified in the License inside the Free Zone. The kind of service must comply with the parent company’s license, given by the Emirate’s Economic Department or Municipality.
• National Industrial License- Manufacturing enterprises with at least 51 per cent ownership or shareholding by AGCC (Arabian Gulf Co-operation Council) nationals/natives are eligible for a National Industrial License. The value added to the item in the Free Zone must be at least 40% of its actual worth. Within the UAE, the holder of this company license has the same status as a local or AGCC.

The procedure for forming a corporation in JAFZA is straightforward if the following paperwork is submitted to the Jebel Ali Free Zone Authority:

1. a completed application form;
2. a copy of the shareholders’ and managers’ passports;
3. a business plan;
4. proof of payment of the application fee.

The Certificate of Registration and a decision of the management board must be filed with the relevant authorities in the event of a foreign corporation creating a JAFZA Company Formation.

1. AED 5750 is the minimum cost without a visa.
2. Various commercial activities are available.
3. It is possible to secure six visas for the shared desk option.
4. There is no need to pay a deposit.
5. Investor visas have no age limitations.
6. There is no requirement to have a physical presence in the UAE to start a business.
7. For your company, you might designate Corporate Directors and Managers.
8. It has the easiest and quickest way to register online.
9. Only a few days are required to  have your firm documentation.
10. Companies’ liability will be restricted.
11. The location is ideal, only 15 minutes from Dubai International Airport and 5 minutes from Sharjah International Airport.

It enables service creation, re-creation, transformation, and distribution. The provision of services as a major goal, as well as the use of products to do so, is covered by the service license.

Buying and selling items inside Shams, as well as importing and exporting products. It encompasses the transportation of products, wholesale and retail sales of items, and the provision of services associated with these sales.

It enables items to be produced, re-produced, transformed, and manufactured.

The creation of a SHAMS corporation requires obtaining a location in this free zone. By default, Flexi-desk is not included in the setup package. It is suggested that you have it in order to comply with bank regulations.

The following are the SHAMS facilities in general:

a. Shares a workstation (flexi-desk)
b. Dedicated workstation
c. Office space that is shared
d. Dedicated workspace

Any amendments to Sharjah Media City are easy. The majority of them cost 2,000 AED and do not require physical attendance.

During the renewal, you will be able to make changes to your license without any cost.

By following a few simple steps, you can open a company in SHAMS. It is advised to seek help from professionals when planning for a company setup.

In matters like business setup, people tend to get confused and get in a chaos due to a number of rules and requirements. This is the time when people tend to look for an expert. A lot of chaos can be avoided if guidance is taken from the very beginning. Every venture may have unique requirements like location, customer convenience, logistical feasibility and banking services.

We at Projectfrpjsc strive to understand these unique precepts and provide expert and reliable consultation to our clients with updated laws and governing regulations, awareness of their rights and cost effective business solutions tailor made to their business needs and budget.

• Free ports– They promote economic development and trade and can include several free zones or a single one.
• Free trade zones (FTZ) – These are duty-free areas for the purpose of trade, particularly re-exports.
• Export processing zones (EPZ) – They provide benefits for manufacturing activities.
• Special economic zones (SEZ)– It promotes foreign direct investments in specified areas. The main purpose is to process items to be exported.

• Service License- This allows the company to carry out specific services.
• Trade License- This allows the company to practice trade related activities.
• Industrial License- This allows the company to import raw materials and export finished products.
• Business Operation Permit- This is a special permit for companies operating in the areas that may be owned by private developers of the free zones business setup service in Dubai using a license issued by DED.
• Entrepreneurial Business License- This is provided to entrepreneurs and their free zone company registration dubai with some support resources and services.
• Free Lance Permit- This allows you to freelance as a profession
• General Trading- It allows importing, distribution, and storage of all items as per the regulations.
• Merge (Amalgamation of companies)- Two or more companies that are incorporated in the same one may need this license to operate as one.

Freezone company formation in Dubai has more than 30 free zone areas operating. They offer trading, services, and industrial licenses to investors. These are one of the primary contributors to the economy of Dubai as they provide ever growing business opportunities Dubai Airport Free Zone (DAFZA) is a popular business hub for foreign investment.

Sharjah is one of the fastest-growing hubs for industrial business and is therefore attracting many foreign investors. These free zones have modern infrastructure which gives them high class facilities to operate a business.

It is strengthening foreign investment in UAE by having good business relationships with more than 100 countries across the globe. Abu Dhabi has a total of 8 free zones that cover opportunities and jobs in multiple industries and sectors. Investors receive many benefits by setting up a company in Abu Dhabi free zones. These stand out for their services and tax savings.

It is one of the oldest free zones in the UAE. It is a major source of economic growth for the UAE. It offers an easy business setup with support services. It has also collaborated with Ajman Transport Authority to create appropriate solutions for the development of the transport sector.

It is awarded as one of the “Best Emerging Free Zone”. Ras Al Khaimah (RAK) free zone provides low-cost industrial land for construction to investors. It is one of the most strategic locations for doing the business setup. There are four free zones included in the RAK Free zone.

Fujairah free zones provide for the needs of shareholders. It is accessible to all Arabian Gulf ports. It is recognized as a Silicon Valley of the UAE.

Projectfrpjsc provides all round solution to all business setup queries whether it is an offshore, a mainland, or a free zone setup. We are transactional banking and trade finance experts and will help you in managing your corporate bank account. We will guide you through the steps of obtaining a license with ease. We have various packages to fit with your dream business and help to get the company that you desire to run.

• RAK free zone is considered as one of the best places for business setup in Dubai freezone. This popularity rises due to the advanced infrastructure, and great connectivity.
• RAK freezone is best for companies that require a warehouse facility. You are allowed to have customizable warehouses and industrial plots for bigger projects.
• The RAK freezone is exempt from tax and has great connectivity with many seaports and airports all over the UAE.
• You can hold 100% ownership of your company with no restriction on currencies
• The RAK freezone is exempt from import and re-export duties.
• Companies can have an account in the local bank and carry out regular transactions flexibly.
• Business setup in the RAK freezone is very easy and quick that can be achieved at quite lower costs.

1. Commercial – You can trade goods and services with a commercial license.
2. Educational – It enables you to open an educational institution or a consultancy firm in the RAK free zone.
3. E-commerce – An E-commerce license permits you to sell items and services online.
4. General trading – You must apply for this license if you trade in a variety of items.
5. Individual – When you are a sole proprietor with a single activity or skill, an individual license is essential.
6. Industrial – This license is required if you manufacture, import, package, and ship items.
7. Media – This license is for the administration of media-related company operations.
8. Service – A service license is required for any company organization that provides services or consults in any field.
9. Freelance – This license would be required for freelance professionals in media, education, information technology, and analysis.

Another great benefit of the RAK economic zone is that it allows the investors to hold a dual license. This is great for those who are looking to invest in multiple products & services under one entity. What does it mean for your business? You can combine commercial and professional operations under one license and operate effortlessly throughout the UAE, both on the mainland and in free zones. Furthermore, RAKEZ developed this dual licensing arrangement in partnership with RAK DED.

The business park consists of all the world-class infrastructures for many big offices and is located in the heart of Ras Al Khaimah’s business district. 

The industrial park is located along the coastal road, approx 18 km from the city center of Ras Al Khaimah. It is home to several large-scale industrial plots and 2 warehouses for every business size.

The technology park is located to the south of the city center and offers great opportunities for light industries and automated manufacturing. 

As the name goes, the academic zone includes educational institutions that offer academic programs to the larger UAE communities. 

Here’s a list of steps to start a business in RAK free zone-

Begin with choosing your desired business activity, RAK free zone permits a wide range of business activities such as commercial, educational, e-commerce, media, etc.

Deciding on a business name is a critical step in  RAK Freezone Company Formation. However, you must adhere to the official criteria and procedures for naming your corporation.

This step comprises selecting all of your company’s requirements in the RAK free zone such as business license, and related facilities.

Applying for a business license is a simple process in the RAK free zone. You simply need to have your documentation ready before applying for the license based on your business niche.

After completing the license application, you must obtain a visa to continue with your business setting in the RAK free zone.

Having a business bank account is a vital step for any business and we suggest you get complete assistance on how to open a business bank in Dubai from Projectfrpjsc because we have a vast 15 years of experience in the business banking domain.

• A business plan 
• Passport copies for all shareholders
• Copies of visas for all shareholders
• NOC (if applicable)

When you are starting your business in RAKEZ, you need to apply for a business license. The legal licensing authorities that would issue the license are the Ras Al Khaimah Economic Zone (RAKEZ) and the Ras Al Khaimah Department of Economic Development (RAK DED).

Projectfrpjsc is the leading business setup consultant in the UAE who can assist you with a successful business setup in RAKEZ. Our team has all the necessary expertise and resources right from selecting the correct business license, paperwork, corporate banking services, and visa applications. We understand your business requirements and guide you throughout the process of your business establishment in the Emirates.