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Many businesses drops their plan of investing in the UAE ( United Arab Emirates ) due to the mandate law of having a UAE national as a 51% share holding. This has lead free zones to become a popular choice of business registration in Dubai and all across the UAE, where lawfully 100% foreign ownership is permitted.
A free zone / free trade zone is a designated area which has special tax-free status and minimal trade restrictions where goods can be produced, assembled, import/export, or reconfigured without paying any customs duty.
UAE Free zones are developed strategically at geographic locations like national borders, international airports and major seaports, so that the business owners can reap maximum trading advantages for their business.
The UAE government has developed multiple free zones in the country, each designed with the theme to support businesses of specific sector.
UAE free trade zones offer lucrative facilities to foreign corporates, like the convenience of single-window administration, no bureaucratic red tape, and 100% ownership. There are about 44 free zones spread all over the United Arab Emirates, with many more coming up. They have attracted foreign direct investment in the form contributing to the non-oil GDP growth of the national economy. The free trade zones vary in their location, types of business it supports, setup costs and paperwork needed.
100% foreign ownership
100% repatriation of capital and profits
100% exemption from corporate, personal and income taxes
100% free transfer of funds, and no foreign exchange controls
Exemption from all import and export duties & Low freight charges
Abundant and inexpensive energy
Inexpensive workforce, and easy recruitment procedure
Liberal government policies and legal framework
The timely and streamlined immigration process
Sponsorship and visas for an affordable skilled workforce
Flexibility to operate 24/7
Freehold offices available for sale or lease (In some free zones)
Ready-made offices, factories, and warehouses
Easy start-up and licensing procedures
Unique industry clustering and purpose-built infrastructure
3-year UAE residence visa
No restrictions on hiring expatriates
Dubai Free Zone Company Setup
UAE economy is clearly divided between the “onshore“ sector, dominated by local business interests, with restrictions on foreign ownership, and the “offshore“…
Free Zones in Abu Dhabi
Business venture establishment in one of the free zones in Abu Dhabi is an alluring option for foreign investors to take advantage of the huge opportunities and fabulous business environment.
Ras Al-Khaimah Free Zones
Ras Al Khaimah, only 45 minutes away from business hub Dubai is the fast becoming investment destination by choice of investors from across the globe. RAK free zones give exceptional.…
Sharjah Company
Sharjah has exceptionally solid investment associations with over 150 nations around the world, with foreign exchange facts showing that Sharjah’s imports have increased…
Ajman Free Zone
Ajman Free Zone, established in 1988, was granted autonomous status under the Amiri decree no.3 of 1996 issued by H.H. Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zon
UAQ Freezone
The Ahmed Bin Rashed Port & Free Zone is located on the West Coast of the United Arab Emirates, in the Emirate of Umm Al Quwain (UAQ). The Free Zone complex consists of 845m…
Fujairah Free Zone
Fujairah’s strategic & unique location, as the UAE’s only Emirate on East Coast, plays a key role in its development. Under the leadership and vision of Sheikh Hamed Bin Mohammed Al Sharqi
Free zone companies are not allowed to operate directly on mainland in UAE. Either they need distributor located on mainland or need an approval from Department of economic development to operate on mainland.
Free zone companies are suitable for those who do not have any business activity focused on mainland.
Setting up a business in the UAE can be an overwhelming experience for the uninitiated but we can make this job truly easy for you. Talk to our expert consultants for free & decide the best course of action for yourself, today.