OVERVIEW
Free Zones are driving power for UAE’s economy. According to the Ministry of Economy, there are currently about 40+ multidisciplinary free zones.
In these free zones, foreigners can have 100% ownership and control of their business, and these free zones are the choice of about 70% of foreign investors, due to their efficient incorporation process and complete infrastructure.
Some free zones are focused on specific industries, like automobile, flower and media, ideal for companies in that industry to connect and grow with their peers from the very beginning.
BENEFITS
100% ownership
100% Capital and profit repatriation
100% exemption from corporate tax
100% exemption from income tax
Easier and faster business set-up process
Plenty of office space choices
Developed community and infrastructure
HOW TO CHOOSE
To choose a right free zone can be very a tough job. Generally speaking, you can use the following parameters to find out a good answer:
Location: location matters, as normally your office should be within the free zone area
Costs: costs to set up and maintain a free zone company can be very different
Services: though the services in the free zones are generally good in the UAE, it would be desirable if you could work with the best services during the life of your free zone company.
Activity: this is the element you have to consider, as some actIvities are not available in certain free zones, and your free zone’s companies cannot carry out 2C activities which require physical premises outside the free zone.
Address: | 507, Level 5, Rasis Business Center Building, Al Barsha 1, Dubai, U.A.E
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Email: | |
P.O.Box: | 36677
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Tel: | +971 4 3159 857
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Mobile: | +971 56 1903 808 |
Whatsapp： | +971 56 1903 808 |