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And at the end of the day what is the best free zone…? You talk around the subject and told us nothing 😀 waste of time

thank you Michael -- you are exactly correct -- many of these businesses will pressure you to sign up in one of the most expensive zones -- and claim you won't be able to get banking without forming in that pricey zone -- and meanwhile they say substance isn't a big deal or required, nor a residential lease. So you'll be paying a good 10 thousand with those kind companies just to form... and you could've just opened a RAK freezone company or something less expensive like that and used the money towards creating real substance there -- which actually makes the real difference I think. So they are taking advantage IMO, and misrepresenting what actually matters to the banks, because they know they cannot profit off you forming substance, but they do profit off you choosing an expensive dubai zone. Sneaky stuff. Would you say the most important factor is having an office? Or having a residential lease to show the bank? Because renting a home in dubai is not cheap. And there's laws there apparently not allowing people to sublet -- therefore if you rent, and then want to leave dubai most of the year -- you cannot even make use of that rental by renting it out to someone else -- or so i heard.

It is also worth mentioning that not all free zones allow every business activity. Often, finding the best matching business activity from their list can require some creativity and research. Some free zones are also specialised. As a foreign exchange speculator (with my own money and no clients), I could only think of two free zones that directly offer exactly that business activity. Thinking a little further, I could of course consider the activity of a single-family office or, of course, a holding company if all I want is a visa to live/get residency in the UAE.

GREAT VIDEO FOR PEOPLE USING UAE as a BUSINESS HAVEN!

Plz make an updated version of freezone company, thanks

Great video as always, Mike. I see a lot of guys just open a random Freezone company just to get an Emirates ID. Is it true Mike? Is banking really difficult there as well?

Great content like usual

Great video. We took the plunge and moved our business to Dubai this year, and let me tell you, it's been a serious headache. Dealing with the whole process of starting or shifting a business here is way more complicated and annoying compared to what we're used to in the Western countries. You can't just buy an LLC like you can back home; it involves a bunch of confusing paperwork and details. But, even though it's been really frustrating, it's starting to pay off because we don't have to pay any taxes anymore, and Dubai is just an incredible place. Luckily, we stumbled upon a company that helps with setting up businesses; otherwise, I think we'd be stuck trying to figure everything out on our own for ages.

Came here to learn about freezones but you didn't mention in detail about any!

Hello, thank you for this video. I'm in dubai and i'm really eager to know about freezone companies.

Hello OC.. I'm looking to set up a trading company registered in Dubai. No physical business or imports to or through the UAE. The activity will be e-commerce brand selling in the UK/USA. I'm getting a lot of suggestions on IFZA - prices seem comparable and no audit requirements which suits me. So much conflicting information out there ! In your experience is this a good freezone post registration - I want to work with a zone that helps when there are problems / expansions / bank account issues etc. many thanks and excellent info as always !

amazing content , thanks a lot

Thank you for this amazing video, what do you think sir of Ajman media city FREEZONE ? Due to your huge experience are they serious with their clients or not?

Hi Mike, this info was well delivered and clear, unlike others I've seen which are confusing. Can you advise me on setting up a business if Freezone or Mainland would be best for me? I provide events management service throughout Dubai and UAE. Thank you.

RAKEZ - Ras Al Khaimah Economic Zone is the very best free zone in the U.A.E.

Thanks Indeed.

Hello, For a software services can we do business with UAE mainland companies? if any promotion required inside the client premises to explain the software usage or clearing the doubts is it allowed? or everything should be on phone?

Hi Mike, great informative video! Which free zone would you recommend for a financial company besides DICF, where it is easy to open a bank account? Once again, thanks for the great content:)

Hey Michael - what is the cheapest option If you only want Emirates ID?

Its not clear, what do you want to say? video is not related to title!!

Good information. I am just in the process of considering do this. I spoke with someone from Businessspace at the Expo last week. If I have several business ideas do I need more than one license? Also, with the license I am afforded UAE visa/ID and can then lease an office so that opening a business banking account would be easier. Is that correct?

I am planning to move to Dubai in the next 2-3 months with my girlfriend, btw I will open an SPC-free zone company. The question is am I allowed to live together with my girlfriend in a rented apartment if we're not married?

hi mate. which freezone is best for just registering a company . having virtual office for all online digital marketing and online technology services provider

2k to set up/ 2 k every years for the licence... Meh...

Which freezone is good to open an company to do forex currency trading company in Dubai? And cost required for it? Thx...

Hi, Thank you for your content. Very informative. I am looking to see if Dubai FZ is a good option for my business? I have a consulting company in Europe. Due to shortage of talent & cost, we want to recruit in South East Asia, working remotely for clients (Covid made this acceptable). But the hassle of setting up a legal entity in multiple countries is too high and I am wondering if a Dubai FZ company be a good option, where we can issue legal contract for Remote hiring e.g. in Sri Lanka or India? Our expected number for 2023 is hiring around 10-15 people through the Dubai FZ company (assuming it is possible). I should also add, in the near-term, we will not be providing services in UAE. Thanks

Why would someone get a 2 year investor/partner visa over paying every year for a 1 year visa allocation, which is the cheaper option?

Hi Mike which area is better for starting picture framing shop

Why you go to UAE? Isnt you Jersey resident grant you nearly everything tax free ? What is the additional benefit ?

Hai sir, I worked in Dubai airport freezone company. Now I resigned and joined new company. I want my old company contract. How to get that one? I mean dafza labour contract.

Hi Mike, I am Raj. I have a question related to procurement process. If a company inside jebel ali free zone, placing an purchase order to a overseas supplier say the supplier is in China and instruct the supplier to ship the goods to the customer in France directly to avoid freight and handling cost of bringing into jebel ali free zone and to re export to the customer in France, will this process is compliance as per jebel ali free zone regulations or the goods needs to received into jebel ali free zone and then to re export to fulfill customer in France. Need your expert advise. If we can ship directly to customer will save a considerable cost and lead time benefits however I want to know if this process is legal. Thanks.

Hi, what is the best free zone for crypto trading!?

Brother which is Transguard company is it free zone or not

Hi I am writing to inquire about the types of visas that are available for individuals who want to live and work in Dubai. To provide some context, I am a UK resident who currently has a home office and is interested in moving to Dubai. I want to be able to work remotely and maintain my home office, but also obtain a residence permit so that I can rent a property and open a bank account in Dubai. I am interested in exploring all of my options, including remote visas, nomad visas, and free zone visas, and I would like to have access to all of the facilities that Dubai has to offer. At the same time, I want to avoid paying taxes in Dubai, if possible. Could you please provide me with information on the different types of visas that would allow me to do this? Specifically, I am interested in learning about the visa requirements, conditions, and eligibility criteria for each option. Thank you for your time and assistance. I look forward to hearing back from you soon. Best regards,

Thanks ,Its very interesting .am looking consultation as biggner for the business

Hi and thanks for your great info. I'm an iranian and want to setup a free zone company in Dubai, but I've read some rules about the limitation for iranian nationality for setuping a free zone company. Can i open a LLC free zone company as an iranian ? if possible can I own 100% of the company ? Thanks for your response.

How much it cost to open crypto investments visa with bank account.

Good morning Sir currently I'm entry permit of free zone company now I want to go back my country but my passport hold to company so now this situation what can I do

Looking into incorporating software consultancy in Dubai. International clients. Do you need to be a resident or living in the UAE to open a freezone company? Also, do you need to open a local bank account if your business is crypto native?

Thank you for this wonderful video, I wanted to ask if I can use my friends appartment address in order to open a bank account ? Since I'll be going to UAE just for few days a year and my friend is already living there so it makes sense to her to rent an appartment but it's not my case, and thank you in advance

Did i saw you in Montenegro video ??

Hi sir, Any information regarding best free zone company for licenced Nurses?

@offshore citizen - can owner live in another city than the one they have the frezone business in? For example, if I get a Freelance Ajman license, can I still live in Dubai or something? Any thoughts on this? Thanks

Can you have your office in your apartment in Dubai? Also I like Deira - kinda reminds me of growing up in 70s Saudi - plus it's low cost and seems to have more of a soul to it. Most videos say to avoid it though for residence - any thoughts?

Kindly share Any know vacancy for Registered Nurse in free zone company?

Semi-deep thought: If a person goes (with their money) to a place where important and many other wealthy people go to. Shouldn't behind the scenes powers keep those places relatively free? Compared to what might happen to just hanging out in middle-class locals, with a big target on your money and not enough allies around to create safe harbor conditions?

Hi, if a tramit an e-commerce in RAK can I sell products in Dubái? Is it allowed? Some people say yes other say no :)

Hey man, If you got 2 seperate businesses, can you combine them into 1 account?

How to get in touch with you?

I have a limited company in UK and interested setting up in uae, can I use same company name? What will be good going as a branch office or setting a new company but keeping same name register in UK? Does that make sense. can we switch later free zones?

thanks for the information, could you advice me a company to get freezone license, I want to set up business in Dubai. Regards

Can I start a company to trade my own money in forex and futures ?? In which freezone it is acceptable?

What is the lowest cost way to have an address there if you won't be in UAE and just come back for a few days twice a year to keep the residency on? Are there PO box / virtual address services that are sufficient for personal banking?

you never speak up bro, check your audio

I need your help how can I connect with you ?

Hi Mike, If someone wishes to set up a non physical crypto business, where and what are the most affordable options please?

@offshore_citizen Some points: The video sound is resonant - not clear. You talk like a rabbit running - I can’t understand you. Organize your thoughts - make points so that I can follow - use a story telling form. Thanks for the content anyway.