General Trading License is required for those who wish to import, export, distribute and store no specific product lines.
A UAE Freezone company can be set up without any Emirati partner being required, unlike the limited liability companies established outside free zones in the mainland territory with the Department of Economic Development. In addition to all of the benefits of setting up a company in UAE Freezones, these companies are not required to have a service agent to act as a liaison with the government authorities.
Freezone Company Formation in UAE is mainly industry-focused for companies that fall within their type of business category. There are over 50 free zones in the UAE with different key features, advantages and disadvantages. Each UAE Free zone has its own governing authority and regulations.
Proper planning, Deep knowledge of local culture and legislation norms (federal and free zones ones) are essential at this main and initial stage.
Preparing and implementing the Business plan, Business registration, Name reservation, licensing procedure and choosing the right UAE free zone requires a deep and sound knowledge of each free zone requirements and advantages to properly structure your plan, reach your goal and target your segment of customers.
Wincore Advisory Group’s structuring team will assist you to determine which UAE free zone and legal structuring will permit you to most efficiently and successfully develop your business concept and enter the targeted market while mitigating sharia law inheritance law and complying with economic substance requirements.
Dubai Multi Commodities Centre (DMCC) is relatively easy and should be strongly considered by entrepreneurs & investors looking to expand in the Middle East. This highly reputed Dubai Free zone issues a different type of Licenses for trading activities, especially in the sectors of commodities, Gold, Diamond, Precious stones, steel, etc.
Trading License import, export, distribution, consolidation, storage or warehousing of goods specified in the license.
General Trading License is required for those who wish to import, export, distribute and store no specific product lines.
Service License allows service providers production, re-production, transformation and distribution of services. Service license includes rendering services as the primary objective and utilizing associated goods to provide those services.
Industrial License this enables the licensee to import raw materials, then production, re-production, manufacture, package the specified products, and finally export.
Type of License | Fees in AED |
---|---|
Trading & Service License | Starting from AED 20,265 |
General Trading License | Starting from AED 50,265 |
Business Centre/ Serviced Office License | Starting from AED 50,265 |
Umm Al Quwain Free Trade Zone is the place for any new business person planning to start a new business, shift company, start sister company or branch of a company located in other countries. Therefore if you are looking for any of these then this is the best location for you. Since thousands of expats assure that Umm Al Quwain Free Trade Zone is the cheapest and nearest trading zone in UAE, every year many new companies are formed. In addition to the cost and ease of transport, the benefits provided by the Umm Al Quwain Free Trade Zone is a bonus.
Consultancy License business professionals providing expert and professional consultancy services across all industries.
Trading License import, export, distribution, consolidation, storage or warehousing of goods specified in the license.
General Trading License this enables the licensee to trade in a wider range of activities and gives the freedom and flexibility to trade in any commodity which is permitted within the UAE.
Premium Consultancy License this license is for service providers. It permits to carry out the services specified on the license within the Free Zone, such as Logistics, Courier Services, Travel Agency, Car Rental etc.
Freelance Permits this License allows an individual to operate as Freelance professional.
License Type | No. of Visa Eligibility | Fees in AED |
Consultancy License | 2 visa Eligibility | Starting from AED 20,500 |
Trading License | 2 visa Eligibility | Starting from AED 25,500 |
General Trading License | 3 visa Eligibility | Starting from AED 27,500 |
Premium Consultancy License | 3 visa Eligibility | Starting from AED 32,500 |
Freelance Permits | 1 visa Eligibility | Starting from AED 16,500 |
International Freezone Authority Fujairah offers a wide and comprehensive range of business activities including Consultancy, Service, Trading and Industrial options. All licenses are registered with a structure of LLC which is an independent entity whereby the company structure separates the owners and shareholders from the company. With the LLC Company the owners are able to sponsor employees and open bank accounts.
Consultancy License business professionals providing expert and professional consultancy services across all industries.
Service License allows service providers production, re-production, transformation and distribution of services. Service license includes rendering services as the primary objective and utilizing associated goods to provide those services.
Trading License import, export, distribution, consolidation, storage or warehousing of goods specified in the license.
General Trading License this enables the licensee to trade in a wider range of activities and gives the freedom and flexibility to trade in any commodity which is permitted within the UAE.
Industrial License this enables the licensee to import raw materials, then production, re-production, manufacture, package the specified products, and finally export.
Holding License it allows the holding standalone assets and/or shares in other companies. Holding companies are commonly for controlling other companies and entities, property & real estate, stocks, assets, trademarks and patents.
Visa Eligibility | Consultancy & Service License | Trading License |
---|---|---|
Zero Visa | Starting from AED 11,500 | Starting from AED 13,500 |
1 Visa License | Starting from AED 15,700 | Starting from AED 17,500 |
2 Visa License | Starting from AED 17,900 | Starting from AED 20,500 |
3 Visa License | Starting from AED 19,700 | Starting from AED 23,500 |
NOTE THAT ALL PACKAGES FOR COMPANY FORMATION:
All application fees charged by the FreeZone Authority are subject to change without prior notice. Please contact our office if you have any question or need further information. Wincore’s fees and any other disbursement fees are to be added in the above pricing.