Free Zone Company
Free Zone Company Formation
Having set up businesses in Dubai’s 40 plus free zone jurisdiction, Business Zone expertly does formation practices flawlessly. Engaging with us eliminates any form of bureaucracy.
The idea behind the creation of “free zones” globally was to build a model which encourages economic activity i.e. provision of key benefits so that entrepreneurs and multinational firms establish and freely conduct their business in free zone. Dubai free zones are the most favorable locations in the Middle East for international operations as they offer complete ownership to a foreign investor, zero taxation and customs privileges.
Unlike mainland’s heavy constitution and operating requirements for businesses such as appointment of UAE national local sponsor – Dubai free zones’ policies and timeframe for new business setup is way lighter and quicker as documentation work and administrative requirements are minimal and there is no need to appoint local service agent to obtain license.
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The company setup in the free zone areas is not subject to UAE Commercial Companies Law.
- 100% foreign ownership
- 100% tax exemption on corporate and personal income or gains
- No or very low import/export duty
- 100% repatriation of capitals and profits
- Strategic location for your business
- Don’t get bogged down by mandatory reporting every quarter
- World class infrastructure supporting business activities
- Modern transportation system available for meeting commuting requirements
- Large pool of multinational talent available for recruitment
- Customized and predesigned warehousing and office facilities
- Flexibility to hold properties, participate in multiple activities, and open a bank account in Dubai
- Assistance in housing facilities, staff visas, and other support service
Dubai Free Zone Companies are considered to be outside the jurisdiction of UAE, and are operated under the rules and regulations of respective free zone authority.