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Dubai Airport Free Zone
Jebel Ali Free Zone
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100% foreign ownership
No corporate taxation for 50 years; renewable for an additional 50 years
Freedom to repatriate capital and income
No personal income tax
Full exemption from import duties
No currency restrictions
No bureaucratic red-tapism
No recruitment problems
Modern efficient communication
State of the art infrastructure
Abundant Energy
100% Foreign Ownership
100% Repatriation of Capital and Profits
0% Corporate, Personal Tax
Exemption from all Import and Export Duties
Free Zone Company Formation is Quicker than Incorporation outside of the Free Zones
Inexpensive Workforce and Easy Recruitment Procedures
Typically, no restrictions on recruiting labour
‘One-stop-shop’ for Administration Services
On-site Customs Inspection
UAE is the only country in the Middle East where a big number of Free Trade Zones and Free Industrial Zones are available for investors who wish to gain more from their investment. The first Free Zone formed was Jebel Ali, Dubai, in 1985 which witnessed a tremendous growth in the years to come by way of increased number of investors. Many have established their offices, factories or warehouses and invested millions which in turn had given them huge returns from the UAE Free Zones. That is precisely the reason why even more foreign investors are being attracted nowadays to the UAE Free Zones. Currently, over 12.000 companies, many of which being major brands, operate under the UAE Free Zones Authority. You can get in touch with us to know more about Dubai free zone company registration.
A Free Zone Company is not allowed to trade directly with the UAE market. The Free Zone business can undertake the local business only through locally appointed distributors. Custom Duty of 5% is applicable for the local business. Even though Dubai free zone company formation ensures investors can walk away with many attractive schemes, not all are the same when we consider the facilities offered by them.
Therefore it will be worthwhile to look over the facilities offered by each in a one by one manner. The details mentioned below are for the guidance of the investors, and the facilities may be subject to change from time to time when such decisions are being taken by the authorities in charge of free zone company formation in Dubai. It is important that new investors get in touch with EMN Chartered’s consultants for latest details before they plan a business setup in UAE Free Zone.
There are some similar formalities to be completed with regards to the documents which are submitted to each free zone depending upon the type of business an investor chooses. In general, the following are the main options:
Free Zone Establishment (FZE) (One individual share holder).
Free Zone Company (FZCO) (More than one member).
Branch Office
However for the advantage of the investors so that you get a head start on Dubai free zone company formation, descriptions of documents commonly needed are being listed below:
Application form duly filled
Business profile of the owner
Passport copy of the owner
Original bankers reference
Business profile of individuals
Passport copy of owners
Board Resolution
Manager’s valid passport copy
Specimen signature of the manager
Original FZCO application
Certificate of Registration
Memorandum and Articles of Association
Manager’s passport copy and his attested signature
Parent company‘s profile
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Application for license, Passport copy & Bank reference of each individual, Project summary and Application for registration are common for any business set-up.