freezone business setup

FREEZONE

List of Free Zones (Free Trade Zones) in the United Arab Emirates

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A Complete List of Freezones in the UAE All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us More Than 40 Multidisciplinary Free Zones in the UAE The UAE offers investors more than 40 multidisciplinary free zones, in which expatriates and foreign investors can have full ownership of companies. These zones are characterised by their highly efficient infrastructure, and distinct services that facilitate smooth workflows, saving businesses considerable time and effort. List of UAE Free Zones There are 46 Free Zones operating in the UAE, which include the following: List of Free Zones in Dubai There are more than 28 Free Zones operating in Dubai, which include the following: Free Zones Highlights International Free Zone Authority (IFZA) One of the most economical free zones for business setup Offers e-commerce license No requirement for a physical office Provision for virtual office Dubai Multi Commodities Centre (DMCC) Named world’s number 1 free zone by Financial Times’ fDi Magazine One of two free zones that allows crypto-commodities trading Offers dual license Allows upto six activities under the same group Dubai Airport Free Zone (DAFZA) Rated as one of the top economic zones Offers dual license Offers a variety of facilities ranging from flexi-desk to warehousing Offers e-commerce license Dubai Auto Zone (DAZ) World’s most comprehensive marketplace for the auto industry Ideal for import, export and car maintenance Dubai Cars and Automotive Zone (DUCAMZ) Largest free zone dedicated to the used cars industry Various facility options ranging from office spaces to showrooms Dubai Design District (D3) Region’s first and largest design district dedicated to art, design and fashion industry Part of TECOM group Issues freelancer permits Dubai Flower Centre (DFC) Hub for the floriculture industry The world’s best cool chain management Gold and Diamond Park (DGDP) Largest free zone dedicated to gold and diamonds business Offers e-commerce license Dubai Healthcare City (DHCC) Region’s largest integrated healthcare free zone Dubai Industrial City (DIC) One of the largest industrial hubs in Dubai. Part of TECOM group Home to global MNCs such as Facebook and LinkedIn Dubai International Academic City (DIAC) Largest higher education free zone in the world. Issues freelancer permits Part of TECOM group Dubai International Financial Centre (DIFC) Fastest growing international financial centre Unlike other jurisdictions, this follows the English law instead of Sharia law Well known for its stock trade Dubai Internet City (DIC) Largest IT hub in the Middle East and North Africa Offers e-commerce license Part of TECOM group Dubai Knowledge Park (DKP) World’s only free zone dedicated to learning excellence and human resource management Offers freelancer license Part of TECOM group Dubai Logistics City (DLC) World’s first multi-modal integrated logistics platform Offers education license Dubai Maritime City Authority (DMCA) First location to be established to solely cater to the maritime industry in the UAE Consists of six districts, each of which focuses on a specific maritime operation Dubai Media City (DMC) MENA’s largest integrated media hub Part of TECOM group Offers a range of facilities across various locations Dubai Outsource City (DOC) First free zone in the world dedicated to the outsourcing industry Part of TECOM group Dubai Science Park (DSP) First free zone established to specifically cater to companies in different science sectors Part of TECOM group Dubai Silicon Oasis Authority (DSOA) Home to Dubai’s first smart city, Silicon Park. Offers an array of facilities Dubai Studio City (DSC) A global hub for production, broadcast and entertainment Offers freelancer permit Part of TECOM group Dubai Techno Park (DTP) Home to some of the most high-profile companies in the technology sector Member of Economic Zones World Dubai Textile City (DTC) One of the largest and most convenient textile centre in the region Established as a joint venture between TEXMAS, Dubai Port, and Customs Authorities Energy and Environmental Park (Enpark) Designed and dedicated to environmental technology and clean energy Part of TECOM group International Humanitarian City (IHC) Global humanitarian and aid hub Independent free zone authority created by the Government of Dubai Offers various facilities ranging from office space to warehouses Jebel Ali Free Zone Authority (Jafza) Oldest free zone in the UAE Named the flagship free zone of Dubai Ports (DP) World Offers e-commerce license Holds ISO certification Dubai Production City (DPC) Region’s leading media production hub. Offers freelancer permit Part of TECOM group Dubai Wholesale City Region’s first fully integrated wholesaler trade hub Part of TECOM group List of Abu Dhabi Free Zones Free Zones Highlights Abu Dhabi Global Market (ADGM) Award-winning international financial centre Khalifa Industrial Zone Abu Dhabi (KIZAD) One of the most economical free zones in Abu Dhabi Has one of the highest quality warehouses in the UAE Allows entrepreneurs to have up to 5 similar business activities twofour54 Media and entertainment hub Offers freelancer license Industrial City of Abu Dhabi (ICAD) One of the most technologically advanced free zones Contains 5 clusters to cater to different industries ZonesCorp Largest operator for purpose-built industrial zones in the UAE Masdar City Free Zone A sustainable economic and urban development free zone Recognised as the best free zone for renewable energy by Financial Times fDi Magazine in 2016 List of Sharjah Free Zones Free Zones Highlights Sharjah Media City (Shams) One of the fastest-growing free zones in the UAE Not restricted to only media-related activities. Offers freelancer permits Can register business without attested documents Sharjah Airport International Free Zone (SAIF) Has one of the largest customer bases in the world Home to some of the most prestigious companies based in the UAE Offers high quality facilities at the lowest costs Hamriyah Free Zone Authority (HFZA) 2nd largest industrial free zone in the UAE Variety of facilities ranging from executive offices to customisable plots of industrial land Sharjah Publishing City Free Zone (SPCFZ) First printing and publishing free zone in the world Can conduct up to 5 activities under 1 license without any additional fee Offers dual license Not restricted to just printing and publishing Sharjah Research Technology and Innovation Park (SRTIP) Offers a variety of facilities ranging from

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offshore

A Complete Guide for UAE Offshore Company Setup

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A Complete Guide for Offshore Business Setup in the UAE All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Mainland Freezone offshore Mainland companies are licensed by the Department of Economic Development (DED) of the respective emirate. They can operate both within and outside the UAE. Local Market Access: Mainland companies can do business anywhere in the UAE, including the local market. Office Location: Flexibility to open an office anywhere in the UAE. Business Activities: No restrictions on the types of business activities. Government Contracts: Eligibility to bid for government projects and contracts. Local Sponsorship : Not Mandatory for all Business Freezone companies are established in designated areas that offer specific economic benefits. Full Ownership: 100% foreign ownership is allowed. Tax Benefits: Often enjoy tax exemptions, such as no personal or corporate income taxes. Repatriation: 100% repatriation of capital and profits. Simplified Procedures: Easier and faster company setup procedures. Customs Duty Benefits: Exemption from import and export duties within the freezone. Specific Activities: Some freezones are specialized and restrict the type of business activities. Offshore companies are set up for international business operations outside the UAE. Full Ownership: 100% foreign ownership is allowed. Privacy: High level of confidentiality and privacy. Tax Benefits: No taxes on income earned outside the UAE. Cost-Effective: Lower setup and operating costs. No Physical Presence: Cannot have a physical office in the UAE or conduct business within the UAE. Restrictions: Limited to international business activities, primarily for holding, asset protection, and international trading. How to Setup Offshore in Dubai and the UAE Setting up a UAE offshore company has become a popular choice for investors seeking to expand their foreign trade opportunities. A Dubai offshore company offers an ideal combination of tax efficiency and cost-effectiveness. Often referred to as non-resident “paper” companies, offshore entities in the UAE allow entrepreneurs in the MENA (Middle East & North Africa) region to operate with minimal administrative responsibilities. These businesses are structured as Limited Liability Companies, offering full ownership with tax exemptions and no annual accounting or tax obligations. Offshore companies are commonly used for: International trading Holding company functions Shipping operations Real estate ownership Registering copyrights and patents Providing international consulting services Regulations for International Company Registration While the UAE offshore company registration process is relatively straightforward, there are important considerations to keep in mind: No minimum share capital is required. At least one shareholder and one director are necessary. Shares must be fully paid at the time of allocation; bearer shares and differential share classes are not permitted. Capital does not need to be deposited in a bank. 100% foreign ownership is allowed, with full exemption from taxes and duties. You can open a corporate bank account in Dubai. A registered agent, such as a legal firm or consultant from an approved list, must be appointed. UAE offshore companies fall under the jurisdiction of UAE free zones. Incorporation can be done remotely, but documents must be signed at the registered agent’s office. Authorities may request audited financial statements if needed. Offshore vs. Free Zone Company Setup UAE offshore companies differ from UAE free zone companies. Offshore companies are set up primarily to operate outside their registered jurisdiction or ultimate ownership location. In contrast, free zone companies are onshore entities allowed to conduct business within the UAE and offer UAE residency for shareholders and employees. Benefits of Registering an Offshore Company in Dubai Foreign entities have several reasons for choosing a UAE offshore company, including: Access to international market expansion Stability and a favorable legal system Flexible regulatory environment Tax neutrality on international earnings, depending on the jurisdiction Increased access to global funding Asset protection and separation, including intellectual property The UAE offers three main jurisdictions for offshore company formation: Jebel Ali Free Zone Authority (JAFZA) Ras Al Khaimah (RAK) Ajman Free Zone Of these, RAK and JAFZA are particularly popular. Both provide tax-free environments and permit 100% foreign ownership. Additionally, the UAE has Double Tax Treaty agreements with over 90 countries. Offshore companies can also open multi-currency accounts for international transactions, though they may not conduct business with UAE residents or maintain physical premises in the UAE. While both RAK and JAFZA have their advantages, Ras Al Khaimah is generally more cost-effective, whereas JAFZA allows for property ownership in Dubai. Both jurisdictions require an approved registered agent. JAFZA Offshore Company Incorporation: Features & Benefits Established in 2003 under the Jebel Ali Free Zone Offshore Companies Regulations, JAFZA offers: A minimum of 1 shareholder is required, and corporate shareholders are allowed. International corporate shareholders must provide attested company documents. At least two directors are needed, and corporate directors are not permitted. Director details are not publicly disclosed. A company secretary is mandatory; a director can also serve as the secretary. No minimum share capital is required. Accounting records must be maintained for up to 10 years, with annual audits required from approved auditors. Benefits of JAFZA Offshore Incorporation: 100% foreign ownership Ability to own real estate in Dubai (subject to free zone and developer permissions) Can own shares in free zone and onshore LLC companies Multi-currency bank account availability for international transactions Shareholders and directors can remain confidential RAK Offshore Company Incorporation: Features & Benefits Introduced in 2006 under the Ras Al Khaimah Free Trade Zone Authority International Companies Regulations, RAK offers: A minimum of 1 shareholder is required, with corporate shareholders permitted. International corporate shareholders need attested company documents. At least one director is required, and corporate directors are not allowed. Director details are not publicly accessible. A company secretary is necessary; a director can also act as the secretary. No minimum share capital is required. Accounting records must be kept for up to 7 years, though they do not need to be filed with RAK authorities. Benefits of RAK Offshore Incorporation: 100% foreign ownership Ability to own shares in free zone and onshore LLC companies Fast incorporation process, typically within a week Multi-currency bank account availability for international transactions Confidentiality for shareholders

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bdbaafdedefaedf

A Complete Guide for Influencer License in the UAE

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A Complete Guide for Influencer License in the UAE All VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us How to Obtain an Influencer License in Dubai and the UAE The United Arab Emirates (UAE) has become a thriving hub for social media influencers, thanks to its dynamic population and rapidly evolving digital landscape. The country has seen a surge in both local influencers and international creators. To ensure a safe and transparent influencer space for consumers and brands alike, the National Media Council (NMC) has introduced new regulations, effective from July 1st, 2024. These regulations mandate that social media influencers obtain a license before engaging in promotional activities. This move is a significant step toward establishing a more structured and transparent influencer ecosystem in the UAE. Partnering with licensed influencers can significantly enhance your influencer marketing services in the UAE. This guide provides aspiring and established influencers with a roadmap for navigating the new influencer licensing system in the UAE. We’ll explore who needs a license, the benefits of obtaining one, and how to acquire it, ensuring you remain compliant and successful in the digital space. Why the Change? The UAE’s influencer landscape has been growing exponentially over the past few years. To ensure this dynamic environment continues to thrive responsibly, the UAE has introduced influencer licenses. The goal is to create a more responsible and regulated social media environment. The NMC aims to ensure transparency and ethical practices within influencer marketing, protecting both consumers and brands. The license acts as a safeguard against misleading or deceptive advertising, promoting content that aligns with UAE community guidelines. These measures contribute to a better and safer digital space. Who Needs an Influencer License? The new regulations apply to anyone residing in the UAE who earns monetary benefits or receives gifts in exchange for promoting products or services on social media platforms like Instagram, YouTube, and Facebook. This includes bloggers, vloggers, and anyone monetizing their content through brand partnerships. Social media marketing teams working with influencers must also comply with these regulations. What are the Benefits of Getting an Influencer License? While obtaining a license might seem like an extra step, it offers several advantages: Legality and Credibility: Holding a license enhances your credibility. It shows your adherence to NMC guidelines, granting you legitimacy and boosting your standing with brands and potential clients. Protection: The license promotes transparency and fair practices within the influencer industry, safeguarding both influencers and consumers. Growth Opportunities: Having an influencer license opens doors to collaborations with larger brands and participation in official influencer marketing campaigns. What Are the Laws for Influencers in the UAE? In 2018, the UAE government introduced regulations requiring individuals involved in paid promotional work on social media to obtain a license from the NMC. These regulations apply specifically to influencers receiving monetary compensation or gifts for their work. To obtain the NMC permit, one must apply for an E-Media License. However, those who occasionally review products or create content on their website generally do not need a license. In addition to obtaining a license, social media influencers must adhere to several rules, including: Maintaining records of all promoted materials. Complying with laws regarding photography, defamation, and privacy. Avoiding statements that could be considered blasphemous. Refraining from using language or messaging that is anti-Islamic, promotes sinful activities, or could negatively influence minors. Not sharing content that mocks national leaders or disrupts public peace. Social media influencers are also prohibited from promoting alcohol in any form. Compliance with these regulations is crucial for ensuring a responsible and lawful approach to social media influencing in the UAE. What is an NMC License? The National Media Council (NMC) license for social media influencers was first introduced in 2018. The license is designed to regulate the social media influencer industry. The National Media council falls under Media Regulatory Office – Ministry of Culture and Youth. It is mandatory for anyone who receives financial compensation through their work, including advertising, reviews, or ‘product placement’ in their content. The NMC license does not apply to the owners of personal websites, bloggers, or people who promote their brands on social media. It also doesn’t apply to people who do unpaid reviews of products (assuming they are independent of the brand they’re reviewing and receive no remuneration). NMC licenses initially last one year and must be renewed annually. There are three licensing options for the NMC license, as follows: Category 1 NMC License Category 1 licenses are for influencers who want an individual license that will allow them to continue working as completely independent social media influencers. Category 2 NMC License This kind of social media license covers small groups of influencers who want to come together and set up a company. The company needs to be registered and will have to hold a trade license. This approach has the advantage of being less expensive than Category 1 licenses. Category 3 NMC License The third NMC license option is for you to sign up with one of the official Dubai social media influencer agencies already certified by the National Media Council. These agencies have a license covering all their influencers, and they will cover you. The drawback, of course, is that you may have less control over what content you promote. If you are found to be working as a social media influencer without holding an NMC license, you may face a fine of AED 5,000 and could even have your social media accounts suspended. How to Get an Influencer License in Abu Dhabi To obtain your influencer license in Abu Dhabi, follow these steps: Visit the Tamm platform and log in using your digital ID. Navigate to services provided by the Abu Dhabi Department of Economic Development (DED). Choose the freelancer license option. Fill out the required information. Pay the necessary fees to receive your license via email. Steps to Obtain a Social Media Influencer License in Dubai, UAE The process of obtaining an influencer license in Dubai, UAE, is relatively straightforward

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Freelancer Visa

A Complete Guide of UAE Freelance Visa In 2024

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Everything you need to know about Freelancer Visa All VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Freelance Visa in UAE – Types, Benefits , Eligibility, Cost,Process Freelance Visa and Permits in the UAE Explained If you want to start your own business or work from home, the UAE offers a great opportunity through the freelance permit. To work as a freelancer, you need both a UAE residence visa and a freelance work permit. Freelancing in the UAE lets you work independently, but there are a few things to consider. What is a freelance permit? It’s a special permission from the government that allows you to work legally in the UAE. It’s not the same as a visa and can be obtained from certain government departments or special business zones. To live in the UAE, you need a visa. But you don’t always need a specific freelance visa if you have a freelance permit. For example, if you have a family visa from a family member, you can still get a freelance permit. If you already have a full-time job with an employment visa, you can get a freelance permit to do extra freelance work. Sometimes, you might need a No Objection Certificate (NOC) from your current visa sponsor. In the UAE, you can get a freelance work permit from various sources. It might come from a government department like the Abu Dhabi Department of Economic Development (ADDED), or more commonly, from free zones. Free zones like Dubai Media City, Abu Dhabi’s twofour54, and Ajman Creative City offer freelance permits. Other emirates have similar options too. Key Points About Freelance Permits in Dubai: The cost of the freelance permit does not cover your visa, Emirates ID, or health insurance. These are extra costs you need to think about when budgeting. You can apply for a freelance work permit even if you are not in the UAE. Once your application is approved, you’ll get an entry permit to enter the UAE. After entering, you can continue with the visa application. If you are already in the UAE on a visit visa, you can apply for both the work permit and the visa. Some free zones offer a sole proprietorship license instead of a freelance permit. This lets you own a company fully. However, you might need to switch your visa to the free zone’s visa. A freelance permit is great for people in media, technology, and education who want to work independently and build their client base. It’s ideal for those who don’t want a full-time job or prefer short-term contracts. It’s also good for people living outside the UAE who want to work on short-term projects. Some free zones may ask for a business plan with your application. This plan should show your current and future contracts to prove you qualify for the permit. Depending on what you do, you can choose one or more types of work when applying for a freelance permit. Different free zones offer different options. To apply, you can contact the relevant authority or sign up online through their official websites or apps. Getting a freelance permit in the UAE involves several steps and costs. It’s important to plan for all expenses. This permit is ideal if you want to work independently without committing to a full-time job. Benefits of Freelance Visa and Permit in the UAE Having a freelance permit and visa in Dubai offers several advantages: Work Flexibility: With a freelance visa, you can work for multiple companies or clients. This flexibility is perfect if you prefer not to have a traditional 9-to-5 job and want to take on different projects. Cost-Effective: Freelance visas in Dubai are usually cheaper than setting up a full company. This lower cost helps you offer competitive prices, which can attract more clients. No Office Space Needed: Unlike traditional businesses, you don’t need to invest in office space with a freelance visa. This means lower overhead costs and an easier entry into the market. Access to Free Zones: Freelancers with a Dubai visa can use business centers in free zones. These centers provide essential resources and facilities to help you work efficiently. Family Sponsorship: With a freelance visa, you can sponsor your family members to live with you in Dubai. This is a great benefit if you want your loved ones close while you work. Affordable and Flexible: Applying for a freelance visa in Dubai is cost-effective, with options for 1 or 3-year validity. You also have access to multiple free zones. It’s also a good option if your spouse lives in Dubai, as it can help with family reunification. Job Opportunities: Dubai has many job opportunities and assignments for freelancers through official marketplace websites. You can connect with companies and people looking for freelancers with your skills. Freelance visas offer flexibility and opportunities for both residents and non-residents to work legally in Dubai. Be sure to check the specific requirements and procedures for each type of visa to find the one that best fits your needs. What Can You Do with a Freelance Permit in the UAE? With a freelance permit in the UAE, you can: Offer Your Services: You can provide your services to individuals and companies. Get Paid: You can bill your clients and receive payment for your work. Work with Government Organizations: You can work with government agencies if your freelance services require it. Use Shared Office Spaces: Many free zones offer shared office spaces for freelancers. These co-working spaces provide a professional environment to work and give you a chance to network with other professionals. It’s like having an office without needing a long-term lease or working from home. Types of Freelance Visas in Dubai In Dubai, different types of freelance visas are available depending on your situation: Freelance Visa and Work Permit for Residents: If you already live in Dubai, you can apply for a freelance work permit even if you have a full-time job. If you’re employed,

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E commerce

Complete Guide : How to Setup E Commerce Business in Dubai

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E Commerce Business in Dubai All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us   How to Get an E-Commerce License in Dubai The e-commerce market in Dubai is booming, fueled by a surge in online shopping since the COVID-19 pandemic. With nearly everyone having access to fast and reliable internet service, industry experts forecast the UAE’s e-commerce sector to reach USD 8 billion by 2025. This thriving market presents a lucrative opportunity for business-savvy individuals looking to capitalize on the growing demand for online goods and services. But why and how can you set up an e-commerce business in Dubai? This article will explore the entire process and requirements to start an e-commerce business in Dubai. Why is Dubai a Lucrative E-commerce Market? The UAE has the fastest-growing online market in the Middle East and Northern Africa (MENA) region, with many natural and administrative factors contributing to this. Here are some reasons why you should start an e-commerce business in Dubai: 100% foreign business ownership 0% personal income tax Extensive transportation networks for fast and convenient product delivery services High standard of manufacturing and warehousing facilities Seamless and cost-effective business setup procedures Availability of secured and convenient online payment gateways Effective and interest-free installment payment options for customers A supportive business ecosystem for startups and SMEs A fast, efficient, and highly secured banking system A pool of multi-national, innovative, and creative IT talents Fast, reliable, and affordable logistics and delivery services Top Online Selling Platforms in Dubai, UAE The online market in Dubai is highly competitive, with some of the region’s most renowned online marketplaces offering a wide range of products. When opening an e-commerce business in Dubai, you will likely face competition from some of the top brands in the market: Amazon.ae: Electronics, Fashion, Homeware, Groceries, etc. Noon.com: Fashion, Electronics, Beauty products, Baby items, and Homeware Namshi.com: Fashion Apparel, Footwear, and Accessories Ounass.com: Luxury Fashion and Beauty Products Jumbo.ae: Electronics, Appliances, and Home Entertainment Products Sharaf DG: Electronics and Home Appliances SHEIN: Fast Fashion, Trendy and Affordable Clothing, Accessories, and Beauty Temu: Fashion and Lifestyle items How to Get an E-Commerce License in Dubai The business and legal regulatory body governing business operations in Dubai, the Department of Economy and Tourism (DET), stipulates the necessity to obtain the required business license to conduct specific business activities. Therefore, you will need an e-commerce license in Dubai to sell using any online platform like your website, social media, or an e-marketplace. Dubai offers three types of e-commerce licenses: Portal License: Allows you to open an e-marketplace in Dubai, like Amazon, acting as an intermediary between buyers and sellers. E-commerce License: Perfect for selling a specific range of products using your website and social media handles. E-trader License: A unique and affordable license for UAE and GCC nationals to perform small-scale home e-commerce business activities using social media. Foreigners can use this license to provide online services but cannot open a shop or issue visas. You are not limited to selling or providing online services only with an e-commerce license. Other types of business licenses in Dubai, UAE, also allow you to sell products and offer services using the Internet. Steps to Get an E-Commerce License in Dubai Company formation in Dubai is a straightforward process, but it can be frustrating and time-consuming without proper preparation and understanding of the legal procedures. Here are simplified steps for a smooth and hassle-free experience: Perform market research to understand the UAE e-commerce market trends, customer demands, and behaviors. Draft a concise business plan outlining your goals, target customers, and product offerings. Outline your legal structure to determine your ownership rights, desired business entity (Freezone or Mainland), and preferred e-commerce business license in Dubai. Choose a unique name for your company that resonates with your target market and product offerings. Collect and fill out the trade license application form from the Department of Economy and Tourism (DET). Submit all relevant documents and get initial approval from all relevant authorities. Apply for your e-commerce business license and pay related fees. Get your business license, apply for visas, and open a business bank account in the UAE. What is the Cost of an E-Commerce Trade License in Dubai? The actual cost of starting your online store in Dubai will depend on your needs and requirements. Getting a Freezone license in Dubai is often a cost-effective option. Several Freezones in UAE are designed to meet specific demands of the commerce industry. List of Some Freezones in UAE for E-commerce Company Formation Dubai CommerCity Freezone International Freezone Authority (IFZA) Sharjah Media City Freezone (SHAMS) Meydan Freezone Dubai Digital Park Freezone (Dtec) Ras Al Khaimah Economic Zone (RAKEZ) Dubai Multi Commodities Centre (DMCC)    Frequently Asked Questions Here are answers to the most frequently asked questions. Can foreign nationals own 100% of a company in Dubai? Yes, a foreign national is eligible for 100% ownership of a free zone/Offshore and In Mainland  specific business company in Dubai, and across the UAE. Can foreign nationals register a company in Dubai? Yes, foreign nationals can easily register a business in Dubai. Professional assistance is necessary for aspects like licensing, visa issuance, and bank account opening, and a business setup consultant in Dubai can assist you with this. Can I start a business in Dubai or UAE without an office? Yes, Dubai/UAE  allow you to register and own businesses without the need for a physical office space. Can I secure visas for my dependents through a free zone business in the UAE? Yes, you can easily sponsor your spouse and children through a free zone business license.You are Eligible for Family Visa What are the different types of business licenses issued in UAE? The three(3) most prominent licenses available in UAE are professional, commercial, and industrial.  Professional license: A professional license permits offering specialized services such as consultancy, accounting, legal advisory, and so on. This license is required for skilled professionals looking to set up businesses and

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RAK

Everything you need to know about Ras Al Khaimah Business Setup

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Everything you need to know about RAK Business Setup All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Business Setup in Ras Al Khaimah Ras Al Khaimah, located in the northern region of the United Arab Emirates, is a promising yet underexplored investment opportunity. The emirate, which shares a border with the Sultanate of Oman, has extended an open invitation to businesses. The visionary rulers of Ras Al Khaimah, or RAK, have established infrastructure facilities, sufficient connection, and other amenities required for commercial growth. Business people have recently recognized the emirate’s potential for expansion. Those who were initially interested in establishing a business in Dubai have now turned their attention to RAK. You can form Limited Liability corporations (LLC), Branch Offices, Representative Offices, Free Zone corporations, and other types of commercial firms here. The fruitful atmosphere 3 Types of Business Jurisdictions in UAE Mainland Freezone offshore Mainland companies are licensed by the Department of Economic Development (DED) of the respective emirate. They can operate both within and outside the UAE. Local Market Access: Mainland companies can do business anywhere in the UAE, including the local market. Office Location: Flexibility to open an office anywhere in the UAE. Business Activities: No restrictions on the types of business activities. Government Contracts: Eligibility to bid for government projects and contracts. Local Sponsorship : Not Mandatory for all Business Freezone companies are established in designated areas that offer specific economic benefits. Full Ownership: 100% foreign ownership is allowed. Tax Benefits: Often enjoy tax exemptions, such as no personal or corporate income taxes. Repatriation: 100% repatriation of capital and profits. Simplified Procedures: Easier and faster company setup procedures. Customs Duty Benefits: Exemption from import and export duties within the freezone. Specific Activities: Some freezones are specialized and restrict the type of business activities. Offshore companies are set up for international business operations outside the UAE. Full Ownership: 100% foreign ownership is allowed. Privacy: High level of confidentiality and privacy. Tax Benefits: No taxes on income earned outside the UAE. Cost-Effective: Lower setup and operating costs. No Physical Presence: Cannot have a physical office in the UAE or conduct business within the UAE. Restrictions: Limited to international business activities, primarily for holding, asset protection, and international trading. Freezones in RAK Ras Al Khaimah Economic Zones (RAKEZ) Ras AlKhaimah Maritime Frequently Asked Questions Here are answers to the most frequently asked questions. Can foreign nationals own 100% of a company in Dubai? Yes, a foreign national is eligible for 100% ownership of a free zone/Offshore and In Mainland  specific business company in Dubai, and across the UAE. Can foreign nationals register a company in Dubai? Yes, foreign nationals can easily register a business in Dubai. Professional assistance is necessary for aspects like licensing, visa issuance, and bank account opening, and a business setup consultant in Dubai can assist you with this. Can I start a business in Dubai or UAE without an office? Yes, Dubai/UAE  allow you to register and own businesses without the need for a physical office space. Can I secure visas for my dependents through a free zone business in the UAE? Yes, you can easily sponsor your spouse and children through a free zone business license.You are Eligible for Family Visa What are the different types of business licenses issued in UAE? The three(3) most prominent licenses available in UAE are professional, commercial, and industrial.  Professional license: A professional license permits offering specialized services such as consultancy, accounting, legal advisory, and so on. This license is required for skilled professionals looking to set up businesses and deliver services based on their intellectual or artistic capability. Commercial license: A commercial license is granted for businesses involved in trading activities and is required to legally conduct activities such as import and export of goods within and outside the UAE.  Industrial license: An industrial license is needed for businesses conducting activities such as manufacturing, packaging, segregation, etc. What documents are required to start a free zone business in UAEi? The following documents are required from the shareholder(s) and manager(s) for free zone company formation : Passport copy Latest UAE entry stamp/visit visa copy Residence visa copy and Emirates ID (for UAE residents) Address proof Passport-size photo Please note that in addition to these, you may be required to submit additional documents. Consulting with a Tycoon business setup company will help you gain more information in this regard. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Ras Al Khaimah, Umm Al Quwain
Golden Gate

Your Comprehensive Guide to Business Setup and Professional Services in Dubai and the UAE

Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah / / / , , , , , , , , , ,

Your Comprehensive Guide to Business Setup and Professional Services in Dubai and the UAE All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Dubai and the broader UAE are known for their dynamic economic environment, making them attractive destinations for entrepreneurs and investors. This article covers various aspects of business setup, professional services, and other critical elements such as digital marketing and education in Dubai. Using keywords like business setup, pro service, and ICA Smart Services, we provide an in-depth look at navigating these processes. Business Setup in Dubai and the UAE 1. Business Setup in Dubai When considering business setup in Dubai, you’ll find a variety of options tailored to different business needs. Dubai offers a robust infrastructure and favorable regulatory environment, making it an ideal location for setting up a new business. Key steps in the process include choosing the right business structure, registering with the Dubai Department of Economic Development (DED), and securing the necessary licenses. 2. Business Setup in UAE Expanding beyond Dubai, business setup in UAE involves understanding regional regulations and opportunities. The UAE offers several types of business structures: Free Zone Companies: Allow 100% foreign ownership and come with various benefits such as no import/export duties. Limited Liability Companies (LLCs): Suitable for businesses looking to operate directly in the UAE market and require a local partner. Branch Offices: Enable foreign companies to establish a presence without forming a new entity. 3. Pro Services Navigating the business setup process often requires pro service providers who specialize in handling documentation and regulatory requirements. Pro services Dubai professionals assist with: Dubai Pro Service: This service includes managing business licenses, visa applications, and interactions with government authorities. Professional Services Dubai: Experts in streamlining business processes and ensuring compliance with local regulations. 4. DED Services The Dubai Department of Economic Development (DED Services) is central to business registration and licensing in Dubai. They provide essential services such as: Business registration License issuance Permit approvals 5. ICA Smart Services For visa and residency matters, the ICA Smart Services platform, managed by the Federal Authority for Identity and Citizenship (ICA), is crucial. Smart Services ICA offers: Visa Check UAE: Allows individuals to check their visa status and manage renewals. Other essential services related to residency permits and identity documentation. Investments in Dubai Dubai’s investment opportunities are diverse and include: Dubai Trading: The city’s strategic location makes it a hub for international trade, offering numerous opportunities for traders. Real Estate: Dubai’s real estate market is vibrant, with opportunities across residential, commercial, and industrial sectors. Immigrate to Dubai For those looking to move to Dubai, various visa options and residency programs are available. These include: Investor Visas: For those investing in Dubai’s economy. Employment Visas: For individuals securing jobs in the city. Digital Marketing in Dubai To succeed in Dubai’s competitive market, effective digital marketing strategies are essential. Key aspects include: SEO and SEM: Enhance online visibility and drive traffic to your business. Social Media Marketing: Leverage platforms like Instagram, Facebook, and LinkedIn to engage with your audience. Content Marketing: Develop compelling content to attract and retain customers. Education in Dubai Dubai offers a range of educational services: International Schools: Offering curricula such as British, American, and International Baccalaureate. Higher Education: Numerous universities and colleges provide diverse undergraduate and postgraduate programs. Conclusion Whether you are exploring business setup in Dubai, seeking pro services, or navigating ICA Smart Services, Dubai and the UAE offer a wealth of opportunities. Understanding these elements can help you make informed decisions about starting a business, investing, or relocating to the region. With robust support systems in place and a thriving economic environment, Dubai remains a premier destination for entrepreneurs and investors alike. 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Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah
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