FAQ's
Iconic Zone provides comprehensive services for business setup, including company formation, licensing, documentation, and PRO services. We cater to both mainland and free zone companies, ensuring a hassle-free experience from start to finish.
The primary differences lie in ownership, licensing authority, and business scope. Free zones offer 100% foreign ownership and cater to specific industries, while mainland companies can conduct business across the UAE and offer wider market access but may require a local sponsor for certain activities.
Yes, in free zones, you can own 100% of your business. For mainland companies, certain business activities allow 100% ownership under new regulations, while others may still require a local partner.
The timeline varies depending on the type of company and jurisdiction chosen. Generally, setting up a business in a Dubai free zone can take between 5 to 10 working days, while mainland setup may take slightly longer due to additional documentation.
PRO services involve handling all government-related paperwork such as visa processing, company registration, and licensing. It is essential for legal compliance in the UAE, and Iconic Zone’s PRO services ensure that your business operates smoothly without any administrative delays.
The cost depends on several factors, including the jurisdiction (mainland or free zone), business activity, office space requirements, and the number of visas needed. Our business consultants can provide a tailored quote based on your specific needs.
Yes, having a business plan is highly recommended. It helps in outlining your goals, strategy, and financial projections. A solid business plan is often required for securing a business license, bank accounts, and investor visas.
Yes, we offer visa processing services for both employees and family members, ensuring quick and efficient issuance of work and residence visas in compliance with UAE regulations.
Iconic Zone’s business advisors will guide you in selecting the most suitable legal structure based on your business goals, industry, and jurisdiction, whether it’s an LLC, sole establishment, or branch office.
Typically, you’ll need the following documents: passport copies of shareholders, proof of address, business plan, initial approval from relevant authorities, and legal agreements. We can assist you with the full checklist based on your specific business setup.
Setting up a business in a free zone offers several benefits, such as 100% foreign ownership, no personal income tax, full repatriation of profits, and simplified company formation procedures.
Yes, it is possible to amend your business license or activity with the approval of relevant authorities. Iconic Zone can assist you with any changes or updates required for your trade license.
Business licenses in Dubai must be renewed annually. The renewal process involves submitting the required documents, such as your tenancy contract and financial statements. Iconic Zone’s PRO team can manage your license renewals to ensure your business remains compliant.
Yes, our services don’t stop at company formation. We offer ongoing support, including PRO services, government approvals, document attestation, and visa renewals, to ensure your business runs smoothly.