Which FreeZone Business I used | Freezone Company Setup UAE 2024 - No gatekeeping!
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- čas přidán 8. 10. 2022
- This year, I started my UAE Freezone company and in this video we're discussing who the trustworthy are and who avoid. Let me know in the comments what companies you have had good experiences with so we can share our tips with others - No gatekeeping!
UAE business set up can be a stressful process with lots research for Dubai and other emirates but let me know if I can help you any more with this!
UPDATE - so glad to have helped so many of you! To save time, we made a quick form for your if you want to use the same agent I did: spcfz.ae/promotion/?...
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Very helpful! I'd love more videos on this topic.
Thank you Mabel I appreciate your honesty
You are so welcome! I actually just posted an updated video about this this week as well 🙏🙏
Keep going the good work
Thanks again Mabel
Hi Mabel, just wanted to say thank you for the hot tip! We just set up our company with SPC and the service & communication has been excellent - just as you advised 😊
That is awesome! Glad to hear!! 🙏🙏🥳🥳 and congrats 🥂
Did you use my link in description I hope 😅🩷
@@mabelgoulden872 yes I did ☺️
so helpful ty!!!
No problem!!
Very nice
Thank you. I have been doing research and was not sure if its just me being paranoid or if there are situations where you end up feeling scammed.
It’s a bit overwhelming isn’t it! I can’t believe I went into it blind ☹️
Your video guided me to SPC. They are fantastic. So many scammers out there but SPC went from payment to trade liscence in 33 minutes. Yes, 33 minutes - not a word of a lie. Thanks for the hot tip!
That’s great! I’m so glad I could help :) Can you tell them I referred you please?
Hey @szymonSays hope you’re well! Could you send me a message please 😊
Audio quality is sooo so bad
Hi there thanks for the valuable information
I am starting my online business in the uae how long does it takes to get business bank account with SPS e-commerce General trading license? And which bank do you recommend for faster processing?
Thanks for sharing your experience with us! Does spc work setting up a crypto company? What's their contact? Thank you!
Nice i am talking to Sharjah Publishing Company now
Best of luck!! Use my link in the description if you found my video helpful
Great video! Thanks a lot. I'm currently in contact with RAKEZ and SPC and the impression quite fits to what you are talking about. Was leaning towards SPC and after your video I'll definitely take that. Prices went up a bit, but they are still lower than RAKEZ and while I had to contact RAKEZ twice before they contacted me, SPC gives you 10 seconds, before the first WhatsApp message arrives. Great communication, great information and I never had the feeling they pushed me. I like them! And thanks again for your great video. We'll be office mates soon :-D
Thank you for watching!! Please tell them Mabel referred you 😊
Pls dont
@@shadowstunter3687 ??
Hi Mabel, thanks for this great video. Did you do your license directly with the free zone or via an agent?
Directly to them
Shall I connect you
@@mabelgoulden872 Will reach out to you on insta, have a few more things I would like to ask you. Thanks.
Hi Mabel , can you please connect me to them . Thanks
@@mizayah813 fill the form in the description’ :)
which is the best free zone for import and export in UAE
Thank you for the video, could you kindly answer the following as I am new to this:
1. Is UAE Corporate Tax applicable in the DIFC free zone or Companies registered in the DIFC are exempt from paying any corporate income tax?
2. Is unemployment insurance a legal requirement for DIFC free zone? I read the following, is this correct:
Contribution to the unemployment insurance program is currently optional for DIFC employees.
Dubai International Financial Center have clarified that employees of companies registered in these free zones are not required to register and subscribe to the unemployment insurance scheme. However, employees in these free zones can still choose to register and subscribe.
Hi Mabel, does SPC allow virtual office or we must lease an office space under SPC? I would appreciate your answer. Thank you!😊
You can have coworking space which is what I have! And I have never been haha
Hello Mabel.. please do share the reference of the person from SPC you worked with on the FZ license. I wanted to set up a software company and I have been recommended DSO. I want to know more about SPC and how it compares with DSO
Hey! yes sure they made me a link just for me :) spcfz.ae/promotion/?Referral&CZcams&Mabel
Thank you Mabel for your advice. I have also used SPC to set up my company 😊 Do you know any good companies where I can get public liability insurance please?
You’re welcome! And I’m not sure about that sorry!
@@mabelgoulden872 okay, thanks for letting me know
Hi Mabel, can 1 open a digital marketing company as well?
Hi mabel . Thanks a lot for clear explanation. I m in touch with spc team . They are very good and so fast . They said business account not required to open can operate with personal account . Do you have idea about it .
I like having a business account and I recommend Wio
Wait can you also open a personal account after u create business account with SPC
Good info.Planning to have a license In license ? what about a bank account ?
is it easy to open?
Depends what bank! Try Wio it’s super easy
how much will it cost to setup a company like digital marketing and online i.t services . which dont need a physical office . with 1 visa only
Good looking
Hi Mabel,
Really appreciate you distilling this information for us. By any chance can you get me in touch with someone from SPC. I've tried contacting them but to no avail. Thank you very much.
Hello! yes of course - fill the form in the description :)
Hey Mabel, Nice breakdown. I feel sorry for your original experience and Indeed RAKEZ may not be ideal for digital Entrepreneurs and Dubai/Sharjah has much better options. But its not that RAKEZ doesn't have any value, I setup clients in RAKEZ only when they are Industrial in Nature, they want to setup a factory and need 100 employees. RAKEZ is best suited for that because RAK has a port and cheap land cost & lower rent for labor accommodation vs the industrial FreeZone in Dubai called JAFZA. Perhaps being use to dealing with Industries they (RAKEZ) are not optimized or know the language of digital Entrepreneurs.
I’m sure that’s the case, yes. What frustrated me is that I came across them via a “Women in Business” promo offer, and by the end it was nothing but awful customer service
Hi Thanks for sharing your experience. I also want to start my own business. My profession Graphic Design and printing. Can I get freelance work permit from here?
Yep you can!
Fill the form in the description! :)
Hi Mabel can you provide a link for the company you used so I am sure i am contacting the correct company?
Hey! Submit the form in the description!
Do you know anything about IF ZA
Hi , I have a question , as me starting my own business in UAE , when it comes to the renting space for a business , is it a extra fee of renting a office , or do it come with the package? & do some come fully furnish when you arrive it’s ready for you ? Or do you have to set it up yourself . Please answer
Hi it really depends but if you use the freezone I have mentioned then it is a mandatory extra fee depending on size of your team. And it’s furnished
Hi Mabel
Which is better for ecommerce is it free zone or mainland
I think free zone it’s much easier for foreign ownership
@mabelgoulden Hi Mabel, do you have any suggestions for me? I'm a British RTPI qualified town planner commuting between Dubai and the UK for over a year now. My name is Nilayan, my wife and I r moving to JLT from Marina later this month. I was wondering what sort of jobs could I do in Dubai if u had an idea? Currently I work in Govt Policy focusing on Planning, HLA, 2041 local plans etc. Many thanks!
Hey! Wish I could help but this is an industry I don't know much about - but my suggestion would be to join a FB group such as brits in dubai and ask there :)
Hi, just wanna ask whats your activity? And how many quota do your business have?
Hey! I have 3 and it is in the media category (advertising)
Hi is DMCC site legit? And good to use? As I'm looking to get a company up and running in dubai in a freezone. But I only make videos on youtube so the minimum requirements would be helpful
Thanks
Hey not sure about them as I didn’t use them but let me know if you want to use the company I used
@@mabelgoulden872 yes please shared
@@pramodsin message me on IG - mabelgoulden :)
@@mabelgoulden872 sure will do it tomorrow from office
Hi Mable. Very helpful video, thanks. I am going through the procces of setting up my business in UAE ( SPC) remotely, I hired an office to do that for me and consulting me. They are asking for 41 AED for 2 years license and immegration crad, change of status etc... And opening a business bank account. What do you think? Is it fair deal?
Glad it was helpful! Sorry I don’t understand the Q
Hi Mabel!
I hope you are prospering with your business. I have one question.
I want to form a freezone company, and certainly I don't need to hire any people, etc. I only have concerns regarding Bank accounts opening.
Actually I will be working outside UAE, from my home country but I want all my payments in UAE.
So, that would be helpful if you can guide:
1. What's your experience/how the process looks like with business bank accounts.
2. What is an initial deposit -- or expenses to be expected to just open a business account.
Be Happy!
Hello! I recommend you to try Wio bank. They are a new service, online only, although they will need to deliver the card in UAE I think. The set up process was easy and fast
@@mabelgoulden872 Thanks Mabel!
Actually, I don't need a virtual bank as it won't support Stripe and my whole purpose to create a UAE company is to get a stripe account. I have made a calculation how much it can take to get setup a full company in UAE freezone and get a bank, and it's estimated $30k.
This is a safe route and a long run plan. Yet I am preparing for it.
Thanks for being helpful.
@@canislupus909 Hi! after you pay those $30k for the setup, do you know how much is the cost for annual fees ?
@@disruptr1 No, I don't know exactly.
It is not even 30k. It's the capital that you have to keep in the bank like $20K and then you will be able to open a bank account and it is returnable.
Otherwise annually cost could be around $2000 to $6000
Hey @@canislupus909
why Wio virtual bank account will not support stripe? Appreciate the prompt response
Hi. Just want to know if its better to go with Agents or direct Representative of SPC
Hey sorry I missed this comment. Follow the link in the description and go direct :)
@@mabelgoulden872 thanks alot.
Is there any job vacancy in free zone?
Can i work in Downtown and mfz with same BL
I'm curious to know if it's feasible for a company registered in a Free Zone to offer digital marketing services to Mainland companies.
Yes possible
Was bank account tough for an SPC company? Have you tried Wio?
Not tough at all! Wio is great I use them
😀
What about yearly cost to mantain company and how to get bank acc. Company with no bank acc is not usable...
I recommend WIo bank
Does this allow you to open account in dubai?
Yes
Hey there how do i get in contact with them? Thanks
hey! feel free to pop me a DM on IG so I can refer you
what your feedback regarding RAKEZ freezone?
Very bad, watch the video :)
@@mabelgoulden872 what they are bad at??
Hi, how many months of bank statements are required to qualify for SPC?
H! I think 6!
Hi, How much funds are required in statement ?
@@user-vh9uo9yx6r enough to pay for license
@@mabelgoulden872 Thanks Mabel
Do you need to renew your license each year and how much is that cost ?
Yes you do and it depends how many visa you have. I have 4 visa now so it cost me 15k
@@mabelgoulden872 15 k for a year ?
@@2ndTim3_1-6 yes for the renewal for 4 visas
@@mabelgoulden872 So for 1 freezone visa I assume it would be 4 k a year ?
@@2ndTim3_1-6 no I think it’s about 8 or 10, it just increases a little bit with each visa. Do you want me to connect you to them and they can answer your Qs?
Do i need an accountant ? For bookkeeping and payment of the Taxes ?
You might do but personally I don’t
I would love to see a video demonstrating how to do this yourself. :) Can not find any info about this@@mabelgoulden872
What do you do after the 6 employees?
Good question, I think you need a different license - I’m not 100% sure! Probably need an office space also :)
@@mabelgoulden872when do you start needing an office space with SPC is it after 6 employees?
@@GlobalExplorersTV I think so yes!
Someone told me that you can open a business and a bank account in Dubai without being a resident, is that true?
Hey I don’t think that’s true :(
As a non- resident you can only open a savings account but will not be given a check book. You can only deposit and withdraw from atm's. Other banks will ask for passport, copy of photos, documentations, letter from company or sponsor etc. Hope that helped you out a little. 💫
It’s been a year since this video, would you still recommend SPC? I’m happy to go through your referral if you think they are good?
Hey thanks for watching! Yes definitely still recommend. My boyfriend set up with them too and we’ve both had a great experience. DM me on IG if you have more Qs. Link is in the description 😁
Hi may I have their information?
Link in description :)
Unfortunately you didn‘t mention the other costs like medical test, Emirates ID, etc….
Hiya
This is in the screenshot
You’re welcome!!
@@mabelgoulden872 1. Publishing License
2. Co-Working package
3. Establishment card
4. E-Channel registration
5. Investor Visa
6. Change of Status
7. Research & Knowledge Fee
No costs for Medical and Emirates ID, etc…😔
It seems you are British. Can you advice me which company you had best experience to setup the company? Would you kindly advice me.
It seems I am lol. Yes I mentioned the company in the video and the link is in the description
Yesterday I got the License from Dubai Media City and today this video came up 😢
:((
@@mabelgoulden872 i’m in sharjah now arrived yesterday 😃 thanks for your video
can u do this as under 21
I'm sorry I can't focus because someone is too pretty x.x
Hello Mabel, hope you are doing great !
Im looking to start a business and moving to Dubai. Could you help me out oj finding a good company to trust tu ensure documents and also if anything.
Im really really keen to move to Dubai next year but like to start soon dping the paper work.
Hey congrats! That’s exciting. Pop me a message on Instagram
@@mabelgoulden872 how do i find you on insta
@@mabelgoulden872 thanks a lot
@@andreasuarz mabelgoulden
Hi Mabel, would you kindly share the weblink for SPC?
Or better still, could you share your contact at SPC?
Cheers.
Yes sure please send me a message on IG @mabelgoulde so I can refer you
Hey 😊 u sounds kool i was surfing all over the virtual world to find a proper consultant for my business registration in UAE FREE ZONE but im really scared or sammers.. I was wondering if u r interested to help me to set up my business. That would be great for me 🙌🏽🙌🏽
Sure!
Fill the form in the description! :)
@@mabelgoulden872 hi thanks for reply I did filled that forms a couple of weeks ago .. And I haven't got any reply at all so I don't think you guys are professional with your services... . Dubai doesn't work like that slow AF.. Lol sorry about that but it's truth I think my comments can save many ppls....
Hi Mabel, thank you for your vlog. I’m planning to start my business and will try SPC base on your experience. Pls send me your contact person in SPC. Many thanks…..
Hello sure please message me on IG
I am also looking to set up my company into free zone i am in touch woth rakez , i need contact of SPC
Fill the form in the description! :)