Center of expertise of the UAE legislation

Company Formation in the UAE free zones

We bear legal and financial responsibility We provide services to open a company on a turnkey basis, offer free consultations and subsequent comprehensive support of the registered company

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Company Formation in the UAE free zones
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Services

Select the right type of activity

Collecting documents

Preliminary approval

Obtaining a license

Receiving visa

Receiving EMIRATES ID

Documents preparation for the bank

Guaranteed account opening

Accounting

Legal support

Making payments

Preparation of reports

OUR APPROACH

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We provide financial responsibility

We provide financial responsibility

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You can always ask our experts for advice

You can always ask our experts for advice

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Individual attention to every client: we will offer the best solution

Individual attention to every client: we will offer the best solution

04
We strongly stick to the deadlines

We strongly stick to the deadlines

Why open a company in the UAE Freezone?

International business structuring
International business structuring

Within the framework of a new or existing business, international structuring will reduce the tax burden, protect capital and personal information, and receive a resident card in an alternative country

Safety
Safety

The UAE does not provide tax information about its residents to other countries

Registers of beneficiaries are covered by bank secrecy

Saving on taxes
Saving on taxes

Low tax rates and zero personal income taxes

The UAE has agreements with 105 countries on the avoidance of double taxation

Ease of starting a business
Ease of starting a business

Registration of companies with 100% participation of non-residents

Quick receipt of resident cards

World business center
World business center

Business networking: hundreds of large international companies do business in the UAE

Favorable geographical location allows you to improve logistics

Opening a Company in Free Zones

Vision Prime

Free zones in the UAE are economic zones with special rules for doing business. They are not applicable outside the zone. Their popularity is easily explained by the opportunity for 100% foreign ownership of the company, combining multiple business activities under one license, and special tax regimes.

If you are interested in the prospect of opening a business in free zones, submit a request on the website. We will contact you shortly. Our specialists will carefully analyze your project and provide the most suitable solution for company registration. Additionally, we are ready to provide comprehensive support and assistance.
 

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Vision Prime

FAQ

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What is needed to open a business in free zones in the UAE?

First, determine the industry of operation. Once you make a choice, contact Vision Prime. You will receive a free consultation where we will discuss which zone is ideal for your business, what documents are needed for registration, how much it costs, and how long it takes to open.

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How much does it cost to rent an office or coworking space in Dubai?

The minimum price for coworking space in a free zone is $1,000 per year. Office space costs several times more. For a small office, expect to pay from $5,000 per year. These are average figures. Rental costs may vary depending on the prestige of the area. For example, office spaces in Dubai Internet City free zone can cost $75,000 per year for a 150 sq. m area, where Telegram's office, known by Pavel Durov, is located.

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What are KYC (Know Your Customer), CRS (Common Reporting Standard), and ESR (Economic Substance) requirements?

KYC (Know Your Customer) is the process of verifying counterparties. Its main goal is to protect companies and banking institutions from fraudsters and terrorists.

CRS (Common Reporting Standard) is a global standard related to tax information exchange. It has been in effect in the UAE since 2018 and applies only to non-residents. If the business is conducted by a resident, their data is protected from disclosure.

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Is VAT levied when working in free zones?

There are two scenarios. If the recipient of goods/services is within the UAE, VAT must be paid. However, if the transaction is conducted outside the UAE, it is not subject to taxes.

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How long does company registration in free zones take?

It depends on which free zone you plan to operate in. Registration can take from a couple of days to several weeks. The type of business, availability of all necessary documents, including a brief description of activities and passport copies, also plays a role.

Additionally, obtaining additional permits and licenses from government authorities is necessary after registration, which also takes some time.

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Is having an office mandatory to open a company in free zones in the UAE?

No, it is not mandatory. One of the features of most free zones is the availability of virtual offices or the option to rent space for both long-term and short-term periods.