Description
Unlocking Business Independence with FlyingColour
FlyingColour offers businesses in the Dubai Free Zone companies » unparalleled commercial independence. Our professional guidance empowers you to navigate Dubai's dynamic business landscape effectively.
Explore tax advantages, streamlined regulations, and strategic insights to elevate your business to unprecedented heights. Soar high with FlyingColour, your reliable partner in maximizing the potential of Dubai's free zones for your company's prosperity.
Dubai Freezone Business Setup: A Growing Hub
In the last two decades, Dubai has transformed into a global city and a vital business hub, surpassing its recognition primarily for tourism and real estate.
The city's diverse business model propels the economy, attracting foreign investment through strategically established free zones.
The Free Zone Authority manages registration formalities and issues business licenses to non-resident or foreign-owned companies, fostering networking, collaboration, and substantial business growth.
Benefits of Setting up a Business in Dubai Free Zone
Dubai Free Zone companies offer unparalleled advantages, including:
- 100% ownership to investors, regardless of nationality,
- 100% tax exemption on personal or corporate income or gains,
- 100% repatriation of capital and profits,
- Exclusion from all import and export duties,
- Convenient office and warehouse facilities,
- Options for individual company setup,
- Exemption from corporate tax for 15 years, renewable for another 15 years,
- Complete secrecy of operations,
- Flexibility for international business engagement,
- Reduced renewal charges,
- Freedom to hold properties, engage in multiple activities, and open a Dubai bank account,
- Option of liquidating anytime,
- Support in housing facilities, staff visas, and other services.
Documents Required for Dubai Freezone Company Formation
For a business license, you need:
- Colour copy of shareholder(s)' passport and visa, if applicable,
- Application form,
- Business plan,
- Board resolution,
- Memorandum and Articles of Association (MAA).
For opening a bank account, the required documents include:
- Corporate account opening form,
- Board of directors' resolution,
- Company's certificate of incorporation,
- Share certificate,
- Company’s Memorandum and Articles of Association (MAA),
- Passports of all partners.
Note: UAE's free zones are highly favored by entrepreneurs for tax-free, owner-controlled setups without the need for a local sponsor.
Partner with FlyingColour® for Seamless Business Setup
FlyingColour® facilitates all types of company registrations in the United Arab Emirates, be it in Mainland, Free zones, or Offshore.
We also streamline the process of opening bank accounts with leading local banks. Our close collaboration with Government Departments and banks ensures a smooth and efficient process.
About Us
We are a premier consulting firm offering services in company formation, Accounting & VAT, and immigration, situated in Dubai, UAE.
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