Free Zones in UAE - Benefits and Options.
The UAE's 40+ free zones offer significant advantages for businesses. These zones provide tax breaks, including 0% corporate and income tax (with some future exceptions) and often eliminated import/export duties. Another perk? Full ownership - you can hold 100% of your free zone company.
Setting up a business in a free zone is typically faster than in the UAE mainland. Plus, you have a variety of choices! Each zone caters to specific industries and offers unique incentives. Popular options include Dubai Multi Commodities Centre (DMCC) and Jebel Ali Free Zone (JAFZA)
Keep in mind that each zone has its own rules. Some may restrict trade with the UAE mainland. However, many zones boast strategic locations near airports and ports, ideal for import/export businesses.
Results 41 - 60 out of 47
A Free Zone is an economic region where products and services can be traded with 0% tax rates, preferential customs duty rates, and exemption from import and export taxes.
Free zones offer 100% foreign ownership and privacy, making them attractive to entrepreneurs. Sensitive corporate information is not publicly disclosed when a company is wholly owned by foreign investors.
Various industries, including infrastructure, media, education, construction, and retail, can be established within Dubai's free zones.
Yes, you can trade both locally and abroad as long as you follow the rules of the Free Zone.
In Free Zones, it takes at least three to six weeks to start a business. But the speed of approvals will rely on the activity picked and the standards for proof and verification.
No, if you own a Free Zone Company, you do not have to live in the UAE or be a resident there.
Businesses in Dubai's free zones enjoy 0% corporate and personal tax, VAT exemptions, and the ability to fully repatriate profits and capital.
Free zone authorities offer assistance with visa applications, corporate bank accounts, professional advice, networking services, and access to startup centers for ongoing support.