Free Zone Company Formation In Dubai – UAE
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UAE Free zones area unit attractive jurisdictions for investors who wish to own 100 percent ownership of their businesses. The thought of a free zone has been established internationally as a model to develop and promote business in several countries. UAE Free zones are giving 100 percent foreign ownership, zero tax and customs privileges to company owners. This makes these free zones within the UAE. the most favorable location within the middle east for international operations. it’s appealing for several to establish free zone companies in UAE.
How Many Free Zones in UAE?
The UAE government has set up multiple free zones within the Emirates, each designed for specific commercial activity. UAE trade zones provide lucrative facilities to non-resident corporates, just like the convenience of single-window administration, no officialdom bureaucratic procedure, and 100% ownership. There are 44 free zones settled all over the United Arab Emirates that have attracted foreign direct investment form of type of 200,000 corporations contributive to the GDP growth. The free trade zones vary in their focus, setup prices and paperwork required, however, the essential requirements are the same.
Types Of Free Zone UAE
There are two main types of free zone
- Free Zone Establishment (FZE)
- Free Zone Company (FZC)
The main difference between an Establishment & a Company is the number of shareholders required.
An Establishment is a single shareholder while a company is a limited liability company and
It generally requires two or more shareholders.
Each free zone is set to register companies in their line of business and each one of them has a different set of requirements, cost, and legal structure.
Why Business Setup in Free zone?
- 100% foreign ownership is allowed.
- 100% repatriation of capital and profits possible.
- Zero personal or corporate income taxes.
- Very few restrictions on recruiting labour.
- Shared services and synergies with other companies.
- State of the art infrastructure.
Ready To Set Up Your Business In Free Zone Area? We Make It Easy
Get a Business License for Free Zone
In addition to being within the bucket list of each traveler within the world, Dubai has been thought-about the most effective land to do business!
each local and foreign businessmen take into account Dubai as a flourishing region for their company. So if you’re in the method of business formation that caters all doctors, then realize a free zone that’s dedicated to attention.
This city facilitates businesses with great advantages like tax exemption, good location for workplace space, and nurturing government!
And there are few zones in Dubai that will offer you simply that! Free Zones are the most effective area for the business setup!
Any business needs great tax exemptions and customs duty benefits.