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free zones in the UAE: Find the right one for your new
business |
Establishing
your business in a free zone gives you 100
per cent ownership and repatriation of revenues as well
as profits.If you want to have 100 per cent ownership
of your company, regardless of type of business, you
need to opt for a license and location in one of the
many free zones of UAE. .. Read
Full Article |
11 things nobody tells you about starting business in
the UAE |
Setting up business in the UAE is easier
than anywhere else in the Middle East and North Africa
(Mena). According to the World Bank’s Ease of
Doing Business 2016 report, the nation ranks 31.
With numerous free zones, excellent infrastructure,
no taxes, low import duties and a strategic location,
the UAE scores far ahead of neighbours such as Bahrain
(65), Qatar (68) and Saudi Arabia (82). For instance,
it takes only six procedures and eight days to open
a company in the UAE, compared to 8.2 procedures and
18.8 days in Mena, and 4.7 and 8.3 worldwide. ..
Read
Full Article |
German
firm invests 5 million Euros in Hamriyah Free Zone project |
The
North Germany-based SOEX Group, a leading company
in the sector of marketing and recycling used textiles,
is to begin operations from Hamriyah Free Zone ,HFZ,
by the middle of 2017.
"We have leased 322,917 square feet area in
Hamriyah Free Zone and will be starting construction
work of the new plant as soon as possible. We hope
we can start our operations by the middle of next
year," said Axel Buchholz, Managing Director
of Executive Board of the Soex Group after signing
the contract with Saud Salim Al Mazrouei, Director
of Hamriyah Free Zone Authority and Sharjah Airport
International Free Zone... . Read
Full Article |
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