What is the time frame for setting up a company in a UAE free zone?
This strongly depends on the free zone chosen (Dubai, Abu Dhabi or Northern Emirates) and the company structure. If shareholder is a legal entity such as Ltd., Plc. SA or similar a number of documents from the parent company need notarization and UAE Consulate attestation in the home country. A set up in a Dubai / Abu Dhabi free zone can take anything from 6 weeks to several months. Red tape is considerably high, rules and regulations change frequently and free zone staff is not always trained up to date on their own rules and can give misleading or incomplete information. Usually the costs for hiring a specialized consulting firm to handle the entire set up is advisable. Note: a lot of consulting firms and free zones promise set ups within 24 hours or less than a week. This is unrealistic!