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Where to Start Business in Dubai?

You have a plethora of business investment opportunities in Dubai. One of the major prerequisites that every investor or entrepreneur should perform before investing is RESEARCH. The investor may opt for a Mainland company option or select from a list of Free zone regions. And this selection must be done based on the type of business. When it comes to a mainland company, the Department of Economic Development (DED) is the license issuing authority. Mainland companies are free to operate anywhere in the UAE both in the local market and outside the UAE. There are no operational restrictions of any kind.

Free zone regions are specially allotted or designated geographical regions identified by particular business activity. The business is limited to the type or activities specified by the concerned free zone authority. And the free zone authority of each Free zone serves as the license issuing authority. Free zone companies are allowed to conduct business operations inside the Free zone and outside UAE. Diversifying the business to other UAE markets is not possible in the case of Free zone companies.

Offshore jurisdictions are specifically meant for Offshore companies that do not require a physical presence in the Emirates. Offshore companies are allowed to do business outside the UAE but not inside. Therefore, the investor should have a clear idea about what, where to start. Here Ahil Alzyn Commercial Brokers Set up Services shall guide you through the task of what Dubai has to offer and where to form a company in Dubai.

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Mainland

When it comes to Mainland Companies, the foreign investor can claim only 49% company share and the rest 51% is owned by a UAE national shareholder partner. But the greatest benefit is that the mainland company can operate the business across the length and breadth of UAE. Mainland company operations are not restricted to the geographical boundaries of the free zone. Here are the most preferred locations to start Mainland company in Dubai.

Sheikh Zayed Road

Sheikh Zayed Road

The key business and tourist destinations like Dubai World Trade Centre, Emirates Tower, Financial Centre, etc are located along the most happening Sheikh Zayed Road. The world-famous Burj Khalifa stays very close to Sheikh Zayed Road. Sheikh Zayed Road offers scenic beauty too.

Deira

Deira

Deira – being one of the oldest localities of Dubai is home to the workforce populace. The region has so many apartments, hotels and is a bustling place. Deira is a desirable niche for many SMEs.

Business Bay

Business Bay

Business Bay is a fast-paced developing region in Dubai. Many projects and developmental activities are taking place in the region. Business Bay is deal for investment in the hospitality sector. The close proximity to Burj Khalifa is another added advantage. Other preferred locations to start mainland company in Dubai are Al Qusais, Bur Dubai and Al Quoz.

Company formation in Dubai is not at all a tedious task provided you have a dedicated consultant to assist you in all matters related to back-end operations. As an investor, you can leverage Dubai’s strategic location and diversified economy. Kilton Business Setup Services provides the A to Z services connected with company formation in Dubai. We undertake the process of finding the right sponsor, Bank Account opening, liquidation procedures, registration etc in the most professional manner. Feel free to contact us for all your business set up in Dubai requirements

Al Qusais

Al Qusais

Al Qusais is an outlying region of Dubai. Even though it is located in the suburbs of Dubai, Al Qusais has well-developed infra-structure facilities. The region comprises of housing areas and various industrial establishments. Therefore, the region is ideal to start service-oriented endeavours, educational concerns, hospitals, and trading ventures. If you are looking for an economical option, setting up your business venture in Al Qusais can be helpful. Other preferred locations to start mainland company in Dubai are Bur Dubai and Al Quoz.

Free zone

You may opt for any of the Free Zone regions listed below based on your business endeavour.

JAFZA

JAFZA

The Jebel Ali Free zone popularly known as JAFZA was formed in 1985 and is regarded as one of the oldest free zones in the Emirates. With more than 7500 companies that comprise of close to 100 Global Fortune 500 establishments, JAFZA serves as a vibrant and happening trading base for business conglomerates around the world. Industrial License, Trading License, Service License, Innovation License are the major business licenses connected with JAFZA. Apart from trade licenses, JAFZA provides investors with a platform for offshore company formation.

DMCC

DMCC

Dubai Multi Commodity Centre was formed in 2002 and is considered as the Gateway to global trade. The DMCC free zone is specifically focused on international trading. The free zone controls and assists in the trading of diverse products like diamond, gold, food products, tea and industrial commodities. DMCC serves as a trading platform for startups as well as MNCs and offers immaculate infrastructure and flawless services for around 17,000 business establishments.

Dubai South Free zone

Dubai South Free zone

Dubai South is a multipurpose economic free zone which is spread around an area of 145 sq.km. The free zone serves multiple sectors like aviation, logistics, ancillary services and light industry. The Dubai South free zone is located in a strategic location and its proximity to Jebel Ali Port and Al Maktoum International Airport offers several logistical advantages. Due to the strategic advantage, the Dubai South Free zone helps the businesses save time and operational costs.

Ajman Media City

Ajman Media City

Ajman Media City Free zone is a media and creativity hub mainly aimed at media houses, creative professionals and entrepreneurs. The free zone is comparatively new and was established in 2018. Entrepreneurs and investors in the field of media, IT and advertising prefer Ajman Media City mainly due to the affordable Business Setup cost.

Shams Free Zone

Shams Free Zone

Shams Free zone or Sharjah Media City Free zone is considered as the fastest developing media related Free zone in the Emirates. The Shams Free zone was established in 2017 in the Emirate of Sharjah. The free zone appeals to media professionals and innovative ventures who rely greatly on creativity. The free zone offers diverse business activities like media, wholesale and retail and services.

Gold and Diamond Park Free zone

Gold and Diamond Park Free zone

Established in 2011, the Dubai Gold and Diamond Park Free zone is dedicated completely to the jewellery and ornament industry. Gold and Diamond Park Free zone promotes the trading of jewellery items and other precious metals like silver, gold, platinum, expensive ornaments, gemstones and other related add-ons. The trade of jewellery and other high-end products are aimed at both inbound customers and international tourists. Gold and Diamond Park free zone is the one-stop destination for jewellery and ornaments related requirements as it houses the world’s best designs and accessories.

International Free Zone Authority

International Free Zone Authority

IFZA is located in the Emirate of Fujairah. The free zone has good access to seaports in the Gulf of Oman as well as the Fujairah International Airport. The free zone offers great investment opportunities to investors all over the world by providing affordable warehouses, residential apartments, hotels, offices and retail outlets. The free zone gives much importance to business sustainability. IFZA caters to the needs of diverse sectors like trading, service and industries. The low business set up cost and the strategic location are two major benefits of setting up a business in IFZA.

Dubai Airport Free Zone

Dubai Airport Free Zone

Widely known as DAFZA, Dubai Airport Free Zone is one of the most celebrated Free Zones in Dubai. The proximity to Dubai International Airport gives a clear advantage to DAFZA over other free zones in Dubai. DAFZA is very investor-friendly and is a safe haven for business establishments that handle logistics, electronics and aviation.

Dubai Knowledge Park

Dubai Knowledge Park

Dubai Knowledge Park provides the necessary infrastructure to serve the needs of the education sector. Educational consultants, educational institutes and training providers and universities operate in Dubai Knowledge Park. Many internationally acclaimed universities provide study centre facilities in DKP.

Offshore

An offshore company is preferred by those entrepreneurs and investors who need business confidentiality and asset protection. Offshore companies are also called Non-Resident companies and are not allowed to perform business transactions in the UAE. There are two jurisdictions that offer Offshore Company formation in the UAE. And they are JAFZA (Jebel Ali Free Zone Authority) and RAK (Rasal Al-Khaimah). Offshore companies require an Incorporation certificate to initiate the operations.

JAFZA

JAFZA

The Jebel Ali Offshore company formation procedures are conducted by collaborating with JAFZA free zone officials.

RAK

RAK

Rasal Al-Khaimah is another Offshore company forming jurisdiction in the UAE. The company incorporation formalities are conducted by liaising with the RAK authorities.

Company formation in Dubai is not at all a tedious task provided you have a dedicated consultant to assist you in all matters related to back-end operations. As an investor, you can leverage on Dubai’s strategic location and diversified economy. Ahil Alzyn Commercial Brokers Business Setup Services provides the A to Z services connected with company formation in Dubai. We undertake the process of finding the right sponsor, Bank Account opening, liquidation procedures, registration etc in the most professional manner. Feel free to contact us for all your business set up in Dubai requirements.

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