Free Zone Company
UAE Freezone Company Overview
Free Zone Company
Free Trade Zones are areas in the United Arab Emirates (UAE) that are entitled to certain tax, customs, and imports regime. Each Free Zone caters to a particular commercial category of business and licenses to companies within those categories. These zones offer the benefit of full ownership to entrepreneurs. These areas are of special economic importance and can exercise their authority, and can freely work under their own regulations.
With more than 40 Free Zones, the UAE has become the ideal business hub for foreign investors. You are free to open offices in any of the UAE free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ras Al Khaimah, and Umm Al Quwain.
A Free zone offers a host of advantages. The prominent among these are:
- 100% Foreign Ownership
- Freedom to open multi-currency Corporate bank accounts
- 100% Repatriation of Capital and Profits
- 100% Corporate and Personal Income Tax Exemption
- Absence of currency restrictions
- Abundant and inexpensive energy
- Modern and efficient communication
- Ability to leverage logistic efficiencies due to business cluster effect
- Serviced desks and offices for SMEs and start-ups
- Excellent support services
- Robust Start-up processes, labor, and immigration procedures