Business Setup in Tecom Free
Zone Dubai
Discovering the Dynamic Landscape of TECOM Free Zone
Tecom Free Zone oversees 11 specialised business communities managed by Dubai Holdings, the sovereign investment arm of the Dubai government. Established in 2005, these communities cater to distinct sectors, expanding and consolidating over the years to meet the evolving needs of Dubai’s business landscape.Â
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As of 2019, the 11 business communities include:
- Dubai Internet City (DIC)
- Dubai Outsource City (DOC)
- Dubai Media City (DMC)
- Dubai Studio City (DSC)
- Dubai Production City (DPC)
- Dubai Knowledge Park (DKP)
- Dubai International Academic City (DIAC)
- Dubai Science Park (DSP)
- Dubai Industrial Park (DIP)
- Dubai Design District (d3)
- Dubai Wholesale City (Dubai WC)
These vibrant business clusters host over 6,000 companies, ranging from startups to global corporations, collectively employing a workforce of 90,000. Some prominent entities within these communities include Khaleej Times, Dubai Eye, CNBC Arabia, Microsoft, Dell, Siemens, and more.
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Advantages of Establishing Your Business in TECOM Free Zone
Dubai’s Leading Tech and Innovation Hub advantages are as follows:Â
- 100% Foreign Ownership
- Strategic Location
- World-Class Infrastructure
- Business-Friendly Environment
- UAE Residence Visa
- Tax Exemptions
Type of Business Setup options in TECOM Free Zone
Following are the types of Business Setups in the TECOM Freezone:Â Â
- Free Zone (LLC) Company:
Shuraa Business Setup assists in forming your LLC company within TECOM Freezone.
- Business Center Package:
Get guidance from Shuraa Business Setup for your Business Center Package, encompassing virtual office solutions and additional services.
- Branch Office:
Shuraa Business Setup provides expert guidance for establishing your Branch Office within TECOM Freezone.
- Startup Office:
Integrate your Startup Office with ease in TECOM Freezone with the guidance of Shuraa Business Setup.
License Options in TECOM Free Zone
A TECOM Free Zone company can operate under these types of licenses:Â
- Commercial License:
Authorizes trading activities for companies operating in the TECOM Free Zone.
- Industrial License:
Enables industrial or manufacturing activities within the TECOM Free Zone
- Professional License:
Allows companies to offer professional services in the TECOM Free Zone.
Documents Needed for TECOM Free Zone Business Setup
Documents needed for TECOM free zone business setup are as follows:Â Â
- 1. Passport Copies
- 2. Residency/Visit Visa
- 3. Business Plan/CV
- 4. Company Application Form
- 5. Power of Attorney (if applicable)
- 6. Memorandum of Association (MOA)
- 7. Trade Name (minimum 5 trade names)
- 8. Proof of Share Capital
Why Opt for Shuraa Business Setup?
We are your premier business setup partner, ensuring a seamless company establishment in TECOM Freezone. With expertise in legal and company formation processes, choosing our services guarantees a hassle-free experience for your business setup.
Frequently Asked Questions
Tecom Freezone, located in Dubai, United Arab Emirates, is a prominent business hub. Among Dubai's largest and most prosperous free zones, it offers entrepreneurs and enterprises a range of business-friendly regulations, incentives, and infrastructure.Â
The timeframe can vary based on the nature of the business and the application's progress, but generally, the process is expected to be completed within two to four weeks.
Enjoy 100% foreign ownership, tax exemptions, expedited company registration, access to state-of-the-art infrastructure and facilities, and swift visa processing for your staff.
Tecom Freezone accommodates various industries, such as media, information technology, education, healthcare, etc.Â
