FREE ZONE COMPANY SETUP
Advantages of setting up business in UAE Free Zone!
Setting up a business in a UAE free zone provides several advantages for entrepreneurs and investors. Here are some key benefits:
-
-
100% Foreign Ownership: One of the significant advantages is that free zones allow 100% foreign ownership, providing complete control and decision-making power to the business owner.
-
-
-
Tax Benefits: Free zones offer tax exemptions on corporate and personal income taxes for a specified period, typically ranging from 15 to 50 years. This enables businesses to maximize their profits and reinvest in their growth.
-
-
-
Customs Duty Exemptions: Free zones provide exemption from customs duties for goods and materials imported and exported within the free zone, enhancing cost-effectiveness for businesses involved in international trade.
-
-
-
Simplified Company Formation: The process of setting up a business in free zones is streamlined and efficient, with minimal bureaucratic hurdles. This allows for quick company registration and licensing, enabling businesses to start their operations promptly.
-
-
-
Infrastructure and Facilities: Free zones are developed with state-of-the-art infrastructure, modern facilities, and business-friendly environments. This includes office spaces, warehouses, logistics services, and advanced communication systems, facilitating smooth business operations.
-
-
-
Access to Global Markets: UAE free zones offer excellent connectivity and access to global markets, making it easier for businesses to expand their reach and establish international trade relationships.
-
-
-
Proximity to Airports and Seaports: Free zones are strategically located near major airports and seaports, providing easy logistics and transportation options for import and export activities.
-
-
-
Business Support Services: Free zones offer a range of support services, including legal and administrative assistance, visa processing, banking facilities, and networking opportunities. This ecosystem helps businesses thrive and grow.
-