Free Zone Company Setup
Free Zone Company Formation
Over 30 free zones are available to investors, each with world-class infrastructure and amenities that go above and beyond international norms. Free zone allows you to trade both globally and domestically, either by collaborating with a local supplier or by setting up your own firm. As a result, you are eligible for several tax breaks and incentives, including exemptions from import duties and a wide range of reporting options that give you complete control over your business. Each Free Zone symbolizes the ideal location for a certain type of company and is distinct from the rest of the Emirates free zones.
Free Zone Company Setup UAE Services
With Biz Start’s help, you may get started in the United Arab Emirates by following these steps:
Different free zones, as previously indicated, cater to the requirements of various company kinds. The finest free zone for your specific free zone will be recommended by our experts because they are constantly integrating firms in various free zones throughout the UAE.
Trade permits and business formats vary in various free zones. Choose the appropriate business structure for your company with our assistance. The kind of business operations you choose to conduct in the UAE will have an impact on whether or not you need a trade license. We’ll apply for the trade license you need to start a company.
Registration procedures and required documentation vary each free zone. You don’t have to worry about any of that, though, because our specialists will take care of everything for you during registration. All you need to do is produce copies of readily available papers, such as a passport.
We may also assist you with other areas of running your business, such as creating a bank account. We know how difficult it can be to start a new business, which is why we are here to help you with all the knowledge and experience you require. Even after the establishment of your firm, our team of specialists will continue to serve as your consultants.
Free Zone Company Formation UAE Benefits
Here are a few advantages of establishing a business in UAE free trade zones:
- 100 percent ownership for both natives and non-natives
- Local sponsors/agents are not necessary
- There are no limits on foreign currency transactions
- Exclusion from export and import tariffs
- 100 percent tax exemption on corporate and individual earnings
- One hundred percent repatriation of all profits and financial assets.
- Workspace alternatives such as digital, office space, etc
- The availability of skilled personnel and the ease of recruiting.
- Business advisors are available for UAE free zone firm creation.
These are some of the benefits that are common across the free zones you will find in the UAE. There are more benefits provided by the specific free zone you will choose for your business. As there is competition between the free zones to attract more startups, entrepreneurs, investors, and freelancers. You can expect to find special benefits in all the free zones.
Frequent Ask Questions
Once you decide the performed activities and the legal structure of your company, you can issue the trade license and register your business, then you’ll be ready to go! All you need is an experienced consultancy company like ours to start a fast and cost-effective process.
It is a process of registering the business as a limited company at the companies’ house. In this way the business is considered to be a legal entity.
The most important steps to forming a company in Dubai include:
- Deciding on a local partner,
- Getting a name and activity approval from the Department of Economic Development (DED),
- Look for location and tenancy contracts
- Make a memorandum of association (MOA) with the sponsor.
Setting up business in Dubai is quite easy and highly convenient. It is possible to open or start a company outside the Emirates if you wish. The process includes the use of online verifications and payments methods. You can contact us for contacts, choices, and budget plans.
The corporate income tax in Dubai is not applied. In other words it stands at 0% (Zero Percent).
