Free Zone Company Setup in UAE
Want to set up a free zone company in the UAE?
Dubai offers more than 30 free zones for investors and provides them with the highest quality facilities and infrastructures that exceed international standards. Choosing to form your business in one of Dubai’s free zones allows you to trade internationally or to trade within Dubai itself, through some options like partnering with a local distributor. It also allows you to benefit from many offered advantages, such as no personal or corporate taxation, lots of import duty exemptions, flexible reporting processes, and full ownership opportunities.
Each Free zone represents the perfect residence for a certain business field and uniquely differs from other free zones in the Emirate. For example, Dubai Internet City DIC would be perfect for you to form an IT/technology company, while Dubai Airport Free zone would suit a company with activities in the fields of Imports/exports or logistics.
Business Locations in Freezones
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Free Zone Company Formation UAE Benefits
Here are some of the benefits of business setup in UAE free zones:
- 100% ownership for locals and foreigners
- Local sponsors/agents are not required
- No restrictions on transactions of foreign currency
- Exemption from export and import duties
- 100% exemption from taxes on corporate and personal incomes
- 100% repatriation benefits of profits and all financial assets.
- Available options for workspaces like virtual offices, coworking spaces, etc.
- Available skilled labor and an easy recruitment process.
- Available business consultants to complete free zone company setup in UAE.
These are some of the benefits that are common across the free zones you will find in the UAE. There are more benefits provided by the specific free zone you will choose for your business. As there is competition between the free zones to attract more startups, entrepreneurs, investors, and freelancers. You can expect to find special benefits in all the free zones.
Here are some of the most popular free zones in the UAE:
A free zone company is a business that is located in any one of the free zones in the UAE. Free Zones are a type of economic jurisdiction in the UAE that has a lot of pros and cons. You should take your time to decide which jurisdiction will be the best for your business.
The cheapest freezone is located in Fujairah. It is named as IFZA- International Freezone Authority. The cost to register for this freezone is very low as compared to others throughout the UAE.
The freezone employment visa is a residence permit that comes with the free zone company. It is available with the employment contract. This visa is valid up to three years which is more than that of the mainland.
There are freezones in the city of Dubai and many trading companies are already doing business over there. Therefore, the freezone companies can do business in Dubai but they have to face the mainland restrictions.
In cases where the employers have identified any unethical or unlawful practice related to deals with the mainland and contradicting the rules and regulations, the free zone will restrict the employee from working in any organization of the free zone at all.
100% ownership, 100% tax exemption, 100% repatriation, and exclusion from all the import and export duties are some of the major benefits of the freezone.
You can contact us to efficiently make a wonderful plan for your company to be set up in the freezone of UAE. We have contacts and networks in all the emirates of UAE and we will find the best with respect your business category and market considerations.