UAE Free Zones

Newsletter Issue 92
Wednesday, November 5, 2017

Time to be your own boss

When global and regional markets see an economic shake-up, the UAE also witnesses a ripple effect leading to job losses. While many people update their CVs and return to the interview circuit in search of their next job, some choose to strike out on their own.

For many, the appeal lies in running their own businesses as the region heads towards a time of tremendous economic opportunity. In this context, the UAE’s many free zones, which allow 100 per cent ownership, serve as enablers.

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45 free zones in the UAE: Find the right one for your new business

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.

They are designed to encourage foreign investment with easier start-up processes, labour and immigration procedures, 100 per cent ownership for all nationalities and other legal services. Each free zone has its own authority and its own rules, which are applicable to investors looking to set up firm in those zones.

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Dos & Don't s, start-ups eyeing UAE free zones

Acquiring a free zone licence can be that first step to being a successful entrepreneur. Just heed these dos and don’ts.If ever there was a good time ...

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Outside zone,business is a shore thing

However, what do free zone companies need to look for when signing contracts with mainland companies? Many businesses have opened up...

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No blanket relief from VAT in UAE free zones

Businesses operating out of free zones in Dubai are unlikely to get complete relief from value added tax (VAT) from January 1, 2018, say tax consultants.

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Global Resources
Office #224 Oud Mehta Building,P.O. Box: 85570
Next to Citi Bank Building & Opp. Wafi Mall. Dubai - U.A.E.
Tel: +971 4 3245630 , Email: Web:www

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