Explores Business setup in UAE Free Zones

Thursday, 3 March 2016

The United Arab Emirates are undoubted fastest growing economic areas on earth which makes very effectiving to Dubai. UAE is the only country in the Middle East where a large number of Business Setup in UAE Free Zones are available for investors who wish to gain more from their investment and companies have some constraints when compared to locally registered companies.


As stated the laws in UAE, each Emirate can set up free zones for general or industry-specific activities to encourage foreign direct investment. Generally, Doing Business in UAE do not require any UAE nationals as owners. For each Emirate there are at least two free zones, while Dubai alone has more than 20. Each zone has its own laws and regulations.

Establishing a business entity in UAE, many Free Trade Zones can be an attractive option for foreign investors. UAE has over 35 Free Zones of which more than 20 Free Zone are located in Dubai.

Benefits:
  • UAE company formation is quicker than incorporation outside of the free zones.
  • Bank accounts setup by company
  • Partnership options for Professional, Branch Office and Dubai Offshore Company.
  • 100% foreign ownership and no need for a local service agent for a branch or representative office.  
  • 100% cent import and export tax exemptions
  • No currency restrictions
  • Corporate tax exemption for 15 years, renewable for an additional 15 years
  • No personal income taxes
  • Freehold offices for sale or lease
  • 3 years UAE residence visa
  • No UAE national shareholding required. 
 

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