Setting up your business in a Free Zone in Dubai

, Growth

Most Free Zones in Dubai require at least some capital before they actually issue you a license. The setup procedure is as follows:

  • You provide your passport for security checkup
  • You have to deposit money in the bank for 3-5 or sometimes 20 days (until the setup is finished)
  • You get your license

Thereafter you can use your money for whatever purpose, however, at the end of the year you will have to do audit and prove that your capital did not decrease (it should at least remain the same).

However, there are certain Free Zone which do not require any capital or require it to be shown at later stages of your business development:

Ajman Free Zone capital requirements

Service licenses – no capital is required

Trading and Industrial licenses – 185 000 AED (or 50 000 $) has to be shown after 2-3 months from the time of company registration

Ajman conditions is apt for setting up new businesses:

  • License prices are very competitive (General Trading for only 27 150 AED),
  • No educational requirements for service licenses and
  • Totally unprecedented offer – to pay for the license in multiple installments.

RAKIA Free Zone capital requirements

  • Service licenses – no capital is required
  • Trading licenses – no capital is required
  • Industrial licenses – 200 000 AED for FZ-LLC (multiple owners), 150 000 AED for FZE (one owner)

Hamriyah Free Zone capital Requirements

  • Companies with office facility – no capital is required
  • Companies leasing land or warehouse – 150 000 AED

Fujairah Creative City Free Zone

  • No capital requirements for any types of company

Dubai World Central – DWC Free Zone

  • No capital requirements for any types of company

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