Business setup in Dubai Freezone
The economy of Dubai is estimated to be worth more than $102.67 billion. Trade and commerce is a vital driver of the economy, and you can see businesses located on the mainland as well as free zones. Free zones are areas that are set apart for trade and commerce. Out of a total of 45 free zones in the United Arab Emirates, some 30 of them are in Dubai. Free zones offer dedicated infrastructure, and there is a free zone for every kind of business activity.
For example, the Dubai Gold and Diamond Park is a free zone meant for those specializing in the sale of precious metals and commodities. You can find dealers of gold, silver, platinum, and diamond jewellery here; as well as those who sell precious gemstones. It is spread over more than half a million square feet of area and also features some 800 car parking spaces. The residents of Dubai come here when they want to buy jewellery and/or gemstones, and so the free zone is convenient for retailers. Because the Dubai Gold and Diamond Park also has avenues for hospitality, it is a win-win for all concerned.
How to Register a Company in a Free Zone in Dubai
The first step is to identify the business activity you will be into. There are about 2,100 designated business activities possible in Dubai. Depending on your business activity, you can narrow down on the best free zone for your business. Free zones allow multiple business activities, and sometimes, there is more than one free zone for a particular business activity.
There is the Dubai Internet City free zone meant for companies in the technology sector. The Dubai Silicon Oasis free zone too is meant for companies in the new technology sector, and so you can choose between either of them. You could even choose to set up your technology company in the International Free Zone. There are also technology companies providing services to the media sector that choose to be located in Dubai Media City.
Or if you were into providing financial services, you could look at the Dubai International Financial Centre, which is also home to stock exchange NASDAQ Dubai. Or you could look at the Dubai Multi Commodities Centre, another free zone, which also houses the Dubai Gold & Commodities Exchange. If you were into providing both stockbroking and commodities trading services, you could choose between one of these two free zones. The Dubai Multi Commodities Centre was named Global Free Zone of the Year seven times by Financial Times and 19,000 companies call it home. So you will be in very good company at the Dubai Multi Commodities Centre. You can’t go wrong with the Dubai International Financial Centre either.
Why Choose Us for Free Zone Company Registration in Dubai?
We are team of company formation experts, legal consultants, and financial professionals. We are based in Dubai, United Arab Emirates. We have years of experience having helped entrepreneurs and corporate organizations open their companies in free zones in Dubai. We have a track record of have helped clients from 100 countries around the world and have an excellent client satisfaction rate to speak of so far.