List of Companies in UAE Free Zones
What is a Free Zone?
Free Zones (or Free Trade Zones) were originally set up to boost international business, allowing companies to have 100% foreign ownership and offering preferential rates and taxes.
The company formation process in Dubai is a relatively simple process with strong incentives, especially in the form of the UAE’s free zones.
The most popular benefits of doing business in UAE free zones include:
- You own 100% of the company without local partner or agent
- Your free zone company is compliant with economic substance requirements
- No limitations on transferring funds out of UAE
- Financial audit is not required in most free zones
- Corporate account in one of UAE government banks
- UAE residency for company owners and employees
- No personal presence for setup or renewal
With so many benefits on offer, it’s sometimes difficult to make your selection. Before you get started you need to ask yourself a series of questions. Will this free zone be easier for me to operate in? Can I get a bank account
with this free zone? What is the advantage, if any, of going with the cheapest company in the cheapest free zone in the UAE, or will this cause me problems?
What are the taxes you are exempted from at the Free Zones in Dubai?
Some of the taxes you will not be paying for your free zone establishment in Dubai are as follows:
- Value Added Tax (VAT)
- Income Tax
- Corporate Tax
Did you know that you do not have to be physically present in Dubai on in the UAE to complete the setup process of your company?
There are many free zones, and procedures, prices and requirements change all the time. The free zones compete with each other for business, which gives them an incentive to innovate, and stay attractive to investors.
For a foreign entrepreneur, it is often difficult to navigate the process of business setup in Dubai or in the UAE. Apart from understanding the laws, finding the right free zone is a hard task as there are more than thirty free
zones in Dubai. Support and advice from trusted business setup consultants in Dubai ease the difficulties faced by investors while setting up a business in Dubai free zones.
Business setup in Dubai
Our innovative ideas and critical thinking are key tools to drive for changes of business performance and efficiency. As a client focus consultancy, we have been working with clients as strategic partners. Our services help to
set up a business in Dubai at affordable cost, based on prior consultation with the clients. Our range of services and partnerships ensure
you get off to the best start possible.
To operate and compete successfully, you need reliable business information and advice from specialists you can trust. We offer a wide range of Free Zone consulting services that enable the organizations achieve sustainable competitive advantage in UAE and worldwide markets.
Over time, the type of support you need will vary, making it essential that your advisors know you, know your customers, and understand your business.
Do you want to set up your business in Dubai? We look forward to doing business with you!
Contact us now!