The big boom happened in 1966 when the oil was discovered. It was a great push of the country's development. Just for the last 50 years, the country made an impressive economical jump from a fishing village to one of the biggest megalopolises in the world.
Nowadays all the big incorporations and world-recognized companies are bringing their offices in Dubai creating a lot of work spaces and a friendly environment for business growth.
Being business setup consultants in Dubai, daily we process a lot of requests from the people reaching to us from all the parts of the globe. They are asking about how to start the business here, Dubai company registration process, Dubai company registration cost, and many more different questions.
Most of the time the clients get misled by internet advertising considering RAK free zone company setup a Dubai free zone while it is located in different emirate. It easily can pop up in your browser search when you type cheap company formation search phrase as the company formation in other emirates besides Dubai are more cost-efficient.
Getting back to Dubai, there are more than 30 Free Zones operating in this Emirate, which are the following:
- Dubai Airport Free Zone
- Dubai Design District
- Dubai Healthcare City
- Dubai International Academic City
- Dubai Internet City
- Dubai International Financial Centre
- Dubai Knowledge Village
- Dubai Media City
- Dubai Gold and Diamond Park
- Dubai Multi Commodities Centre (DMCC)
- International Media Production Zone
- Jebel Ali Free Zone
- Dubai Production City
- Dubai World Central (Dubai South
- Dubai Studio City
This is the list of the most common free zones where people tend to register their companies. Each of the free zones has its own regulations and procedures to follow in Dubai free zone company registration. Moreover, some of the free zones are dedicated to specific business activities.
For example, DAFZA (Dubai Airport Free Zone) and JAFZA (Jebel Ali Free Zone) are mostly concentrated on the logistical type of business. It can be explained by their location next to the biggest airport and seaport accordingly. Such free zones as Dubai Media City and DSOA (Dubai Silicon Oasis Authority) are considered to be IT dedicated free zones, and it is very prestigious to have your company there. Especially DSOA has very interesting office facilities and meeting rooms reminding Google offices in California.
Dubai company registration cost can not be summarized and we can not give a rough figure as it depends on many different requirements and your individual business model. It can not be generalized as the approach to the company formation is unique. In order to find the most suitable solution for you you need to contact business setup consultants in Dubai who will give you a professional consultancy regarding your company formation and related services such as residence visa, Emirates ID
and account opening.
The Dubai company registration process in each of the selected free zones is different as well. As authorities have different regulations and facilities. In most of the cases, to apply for the company formation in Dubai , the authorities require a physical presence of the applicant. In case you are not able to attend the company incorporation documents signing process , it can be done by giving power of attorney to the trusted business setup consultants in Dubai who will make it on your behalf.