Free Zone
Company Setup

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Free Zone Company Setup

What is free zone

A Free Zone is a concept that is very common in the GCC region and it is usually a zone which provides certain benefits to every business. It is usually controlled by a Free Zone Authority (FZA) and commonly it offers the 100% ownership rights to all the companies in the zone. It usually comprises an area which may be large enough to provide the benefits to the business and it is usually more than a few yards to many kilometers square in area depending on the features and activities. An FZA has the power to issue the licenses for formation of the company.

Free Zone Business Setup in UAE

A free zone in the UAE is usually the area designated to set up the business with 100% ownership rights. These are the areas in the UAE where foreigners can open up their companies with 100% ownership of the businesses. In the free zone business setup in UAE procedure a foreigner can easily estimate the cost of the company formation. The price of a company setup in the free zone varies on the basis of the regulations made by the government, activity you are opting for, office requirements, consultancy fees and other government fees. The country is known as one of the founders of the concept of Free Zones in the region. There are many free zone authorities available in the country and it all depends upon the investors where they can set up their business. The main free zones of UAE are:

Documents required for Free Zone Business Setup in UAE

  • Passport Copy
  • Recent Photo
  • ID Card Copy
  • Emirates Card Copy
  • Visa Copy
  • 3 Suggested Names
  • Memorandum and Article of Association
  • License Copy

Free Zones Company setup in Bahrain

The Kingdom of Bahrain is the gateway of the Gulf region and it connects the Arabian peninsula to Iran. As per the recent laws of the land the entire country of Bahrain is a free zone and it is right to call it a large free zone. In the entire country there is no need for any local shareholder to invest in the country. It is mandatory to hire an office in the free zone but hiring the staff is an option. In the industrial areas for the first three years you can enjoy the land rental rebate of 100% by the government. Moreover no duties are imposed on the exports and imports from the free zone. 

Major Free Zones in Bahrain

  • BLZ
  • BIIP
  • BIA

Documents Required for Free Zone Company Setup in Bahrain

  • The Application Submission
  • Memorandum and Article of Association
  • The Name Approval Certificate
  • A lease Agreement
  • Business Plan
  • A Certificate of Paid up Share Capital

Free Zones Company Setup in Oman

Free Zone in Oman is an area designated to open up the companies with 100% legal ownership. The company formation in the free zone in Oman offers a 0% import and re-export tax. These companies enjoy a liability from the tax and there is 0% personal income tax. The sultanate has free trade agreements with different countries and the companies in the free zone enjoy the benefit of the free trade agreements. In Oman there are free zones and special economic free zones as well.

Free Zones in Oman

  1. Al Mazunah Free Zone
  2. Sohar Free Zone
  3. Salalah Free Zone

Special Economic Zones in Oman

  1. Duqm Special Economic Zone
  2. Knowledge Oasis Muscat Special Economic Zone

Documents Required for Free zone Business Setup in Oman

  • NOC from Ministry of Environment and Climate Affairs
  • Investor Name and their Country Name
  • Business Plan and Capital Investment
  • Contact Details

How Emergence International Help in Free Zone Company Setup

Emergence International helps its clients in a professional manner and offers the services of business licensing and registration in the free zones in the UAE, Bahrain and Oman. Our services are as follows:

  • Complete PRO Services
  • Bank Account Opening
  • License Issuance
  • Documents Typing
  • Visa Issuance
  • Office Setup

And all the other services that our clients need to set up the company in a free zone in the UAE, Bahrain and Oman. Feel free to contact us and get the benefit of our services and experience.

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