There is no denying the fact that the Dubai free zone is an excellent place to establish a business. The city has become one of the most sought after locations for entrepreneurs because of the easy access to international markets, ease of doing business, and availability of qualified workforce. Dubai free zones offer entrepreneurs the opportunity to register their companies with the Dubai government. It is possible to register a company without having a physical presence in Dubai. The only requirement is that the company should have a minimum capital of AED 1 million. Once registered, you can easily open a branch office in the Dubai free zone, which means you won’t have to worry about visas. It is somewhat similar to federal incorporations where you get license to operate your business all over the country.
Selecting a trade name
For Company setup in Dubai, promoters should consider selecting a trade name that has already been taken by another business. In this way, they can ensure that their own business will not be confused with the other business. After they have selected a name, the promoters must register it in accordance with the law. Before doing so, they should make sure that the name does not violate the trademark laws. After registering the name, they will be entitled to use the same name in their business.
Apply for a business license
A Free zone is a business establishment that is located outside the city limits of a municipality. There are different kinds of free zones in the world. You can also apply for a free zone license if you want to create your own business. You can start any kind of business that you would like. For instance, you can open a restaurant if you want to open one, or you can start a medical center if you want to. In addition, you can open a gym if you want to. You can find free zones around the world. In fact, there are thousands of them. If you want to make money, you should look for free zones in the area where you live.
Choosing office space for the business
There is a lot of competition for Company registration in Dubai free space in the country’s fast growing cities. So, many companies are investing in new offices and building new ones. These are the places where people and businesses congregate. So, office space in major cities like Bangalore, Hyderabad, Mumbai, New Delhi, Kolkata, Pune and Chennai are always in demand. Companies have a choice to build offices in either the old city areas or the new commercial areas. In order to be in an advantageous position to rent office space in the new commercial areas, the company must have at least one of the following attributes.
Obtaining pre-approvals
To establish a business entity in a free zone, you will need to register your name and the company’s name in the free zone. You will also need to apply for an approval from the free zone authority. There are different types of free zones such as the free trade zone, industrial zone, commercial zone and others. Each type of free zone has its own set of rules and procedures for the establishment and operations of the business entities.