Please wait, loading...

 

Free zone Company Formation

Free zone Company Formation

e Zones are special economic zones set up with the objective of offering tax free, and free customs duty benefits to expatriate investors. Free zones are designed for boosting international business by providing complete ownership to the foreign investors. Free Zones in Dubai and the UAE are governed pursuant to a special framework of rules and regulations applicable to concerned free zone. Free zones in UAE are managed and operated by different free zone authorities.

These free zones operate outside the federal Law or Laws of Ministry of Labor. However, for all legal reasons a freezone company is still considered a company domiciled in UAE or a UAE company.
Free Zone entities may trade, import/export with entities within the free zone or outside UAE. Free zone entities may buy from UAE, but in case they need to sell goods to the main land of UAE they have to employ the services of a distributor or agent in the mainland.
https://aaaauditorsuae.com/wp-content/uploads/2019/12/images-3.jpeg

Each free zone is managed by separate Independent Free Zone Authority, and these authorities are responsible for issuing business permits and licenses, employee visa and regulating the business requirements. Each free zone has their own independent rules and regulations. There are more than 20 free zones in UAE.

Most of the free zones in Dubai broadly offer trading, service, industrial, national industrial, and branch licenses to investors looking to set up their businesses. In UAE, free zones are either attached to a port or specific industries.

In free zones, you can set up different types of companies based on your requirements as mentioned below.

  • Free Zone Establishment (FZE) – Single shareholder
  • Free Zone Company (FZC) – Two or more shareholders
  • Branch Company – Branch of local company or branch of foreign company

Benefits of UAE Free Zones

  •  100% Foreign ownership
  •  100% Repatriation of capital and profits
  •  No Corporate taxes
  •  No Personal income taxes
  •  Exemption from Customs duties
  •  No Foreign currency restrictions
  •  No Labor restrictions
  •  Residency visas are allowed
  •  Can have flexible offices or can rent or own offices
  •  Shared services and synergies with other companies
  •  State of the art infrastructure
ABOUT US
https://aaaauditorsuae.com/wp-content/uploads/2019/12/footer_logo.png
Organically grow the holistic world view of disruptive innovation via empowerment
GET IN TOUCH

Level 30, Suite B 3001, Latifa Towers, Sheikh Zayed Road, Dubai, United Arab Emirates

AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

© 2020 Ahmed Abdulrahman Aljanaahi Auditing. All rights reserved.

Quick Quotation
close slider

WhatsApp chat