Company formation
*You can request a free 10-minute consultation to establish your company in the UAE.
Do you need the following solutions or answers to these questions?
- How can I open a UAE bank account?
- How can I open a Stripe payment gateway account to accept funds on my website?
- How can I obtain residency in the UAE to establish and operate my business?
- How can I import and export products with customs facilities?
- How do I build my project on a strong and sound foundation and in an environment that will help it succeed, God willing?
*The direct answer and optimal solution is to establish a free zone company in the UAE.
Why should I establish a free zone company in the UAE for my project?
Advantages of establishing your company in the International Free Zone at Silicon Oasis (IFZA), the Meydan Freezone in Dubai, or the Shams area in Sharjah:
- The UAE's strategic location gives you easy and efficient access to global markets.
- Ease of administrative and executive procedures for your company in the free zone.
- Help you professionally choose your license activities from over a thousand available activities.
- You can obtain a commercial license by establishing a free zone company or a branch of a foreign company.
- Professional, commercial and industrial activities can be combined under one license.
- Possibility of obtaining a general trading license.
- Clear and competitive rates and fees.
- Speed and efficiency in implementing the company establishment process.
- There is no need for company owners to be present in the UAE during the incorporation process.
- Payment of the company's shares is not mandatory.
- There is no need to obtain a “No Objection Certificate” from your current sponsor for your residence – if you have one.
- Establishing a company in a free zone in the UAE allows you to own the company 100% without an Emirati partner or agent.
- You can obtain a work permit as a company manager, or an investor permit, which will be stamped on your passport.
- You get an Emirates ID card based on your residency as a manager or investor.
- Your company will be your sponsor for visa and residence.
- There are no taxes on your personal income as a director of your company.
- You can open digital and traditional bank accounts with your company and personal data after obtaining your Emirates ID card.
- You can open a Stripe payment gateway account to receive funds on the website using your UAE company details, your details, and a local UAE bank account details.
All of the above and more benefits that you can benefit from, God willing.
Required steps
To establish a free zone company in Sharjah's Shams, the International Free Zone at Silicon Oasis (IFZA), or the Meydan Freezone in Dubai through Arif Business, follow these steps, God willing:
1- Providing advice and counsel
We will guide you through all the steps required and available options to establish your company based on your requirements and available resources. We will, God willing, share license types, available activities, visa and residency packages, and office space options according to your needs.
2- Collecting documents
We start collecting documents from you as follows:
- Apply for a license after filling in your information and signing it electronically
- A copy of your passport
- A digital image identical to your passport photo
- Photos of ID card and visa for UAE residents
3 - Processing the request
The company's documents and information and the owners' details are registered on the registration platform. Once approved, the free zone authority will issue digital forms for electronic signature before issuing the company's incorporation documents.
4 - Approval and issuance of the license
A digital copy of the license will be sent, God willing, as soon as it is issued. The original copy can be collected from the free zone headquarters upon the company owner's request.
5- Continued support after establishment
After obtaining your license and registering your company, God willing, we will assist you with visa and residency procedures, as well as obtaining office space and related services for your company in the free zone, God willing. We can also assist with license upgrades, downgrades, renewals, and amendments through independent consulting services after incorporation, God willing.
*The free text consultation service ends 30 days after the date of payment of the license fee. After this period, the consultation services are paid.
License options
There are many different options for activities that can be included under your company license. You can also combine professional, commercial, and industrial activities under the same license.
Professional License
For companies that provide professional consulting and various types of services, for example, technical services and consulting services.
Commercial license
Allows the import, export, distribution and storage of specific products.
Industrial license
(Available upon request)
Allows the import, manufacture, processing, packaging and export of raw materials – for specific products.
Company branch license
Foreign-established companies may also register a branch in a UAE free zone. The proposed branch's activities must be consistent with those of the parent company.
Do you want to start taking serious steps to establish your company in the UAE?
*You can request a free 10-minute consultation to establish your company in the UAE.
Frequently Asked Questions
What is the banker site?
Elbankeer.com is a service website that aims to help entrepreneurs at all levels achieve success in their online projects. It offers direct and consulting services, in addition to various services related to internet projects.
What payment methods are accepted on Banker?
All payment methods are available. You can contact us on WhatsApp.
How can I contact the banker directly for some inquiries?
You can contact the banker by requesting Counseling session service. Or via email if you are serious about requesting the service.
To request a direct consultation session, you can: Click here.
I want to open a company in a free zone in the UAE. What do I need to do?
All you have to do is submit your service request by clicking the button on this page. You will receive the service details and fees to the email address you registered. You can then contact us by replying to the message to follow the establishment steps outlined above.
Do I get a company address after incorporation?
Once your company is registered, you will receive a virtual address within the free zone licensing service. This address is for registering your company only, not for office space or a mailing address.
If office space is required, it is selected and contracted independently from the company registration service.
If you need a mailing address only or an additional office space (PO Box), this will also be done through an independent service.
How long does it take to establish a company in a free zone in the UAE?
The process of establishing a company in a free zone takes 20 to 30 days. This begins with receiving the required documents in full and in good working order, followed by issuing the license and incorporation card, obtaining a temporary work visa to enter the UAE, and completing the procedures, God willing. This is in the event that no visa procedures are required in the current country of residence.
Can a non-resident of the UAE establish an Emirati company?
Residents outside the UAE can establish a company in a free zone without visiting the UAE during the incorporation process.
However, to complete procedures such as opening a company bank account and a personal bank account, you need to complete the procedures for obtaining a residence permit and an Emirates ID card.
Arab countries where residents may currently face difficulties in obtaining residency, for example:
Iraq, Lebanon, Libya, Somalia, Sudan, Syria, and Yemen
In exceptional cases, residents of some of these countries may establish companies without obtaining UAE residency. However, approval or rejection depends on each case.
Can the company and license be cancelled at any time or am I restricted to them?
You must request to cancel the license and close the company, and this will be subject to additional fees.
When and how are the license and residency renewed?
The best way to avoid problems and additional fees is to be prepared to renew your license and residency before the expiration date, as this is clearly stated on each.
Is the company being established officially and internationally accredited?
A company established in a UAE free zone is an official company approved by the UAE. You can operate it globally.
Can I open a UAE bank account and link it to my local bank account through my UAE company?
Once you obtain your Emirates ID card based on your company-sponsored residency, you can begin the process of opening digital bank accounts for your company, which is the easiest process. You can then fulfill the requirements for opening traditional bank accounts after launching your business.
These requirements include proof of your address, and proof of the company's address, such as a rental contract, bills, etc.