Eligibility requirements to start a company in Freezone;

Forums Company formation Freezone Eligibility requirements to start a company in Freezone;

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    JOMINJOY
    Participant

    What are the eligibility requirements to start a company in Freezone?

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    jthomas
    Participant

    There are no eligibility requirements to start a company in the freezone.Inorder to start a company in the FZ,the jurisdiction is most important.FZs allow 100 % foreign ownership.If you comply with basic KYC requirements, you can start a freezone entity.

    • This reply was modified 2 years, 6 months ago by jthomas.
    JOMINJOY
    Participant

    Thank you Key Master @jthomas

    nowcon32
    Participant

    To start a company in a Dubai Free Zone, you must ensure that your business activity is approved within the chosen Free Zone and select the appropriate legal structure, such as a Free Zone Establishment (FZE) or a Free Zone Company (FZC). Free Zones allow 100% foreign ownership, but the number of shareholders permitted may vary. While some Free Zones require a minimum share capital, others do not impose such conditions. Additionally, businesses must secure a physical office or flexi-desk space as per the Free Zone’s regulations. If you plan to reside in the UAE, obtaining an investor or employment visa is necessary. For a detailed step-by-step guide on the process, check out this article on how to open a company in a Dubai Free Zone.

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