The United Arab Emirates (with UAE Free Zone Company) has several advantages meant for a modern age. Though it’s sparsely inhabited and coated in desert, its longitudinal position makes it a natural central point for liaising with financial markets in America, Europe and Asia in a very time of skyrocketing economic globalization. Its position additionally makes it a perfect hub point for an age of jet travel. And, of course, it’s vital oil deposits.
The free trade zones are established with the particular purpose of facilitating investment. The procedures for finance within the zones are comparatively straightforward. The companies operational within the UAE free zones are treated as being off-shore or outside the UAE for legal purposes. The Freezone Company Formation is appropriate for firms aspiring to use UAE as a regional producing or distribution base, with the majority of their business outside the UAE.
To the potential capitalist, the UAE presents especially favorable business surroundings. Wonderful infrastructural facilities including skilled experience and personalized services provide the UAE the edge. Client needs for Freezone Company Formation are met within the shortest time frame.
The incentives for free of charge Zone Businesses are :
100% Foreign Ownership
Can be formed by only one individual
You can open bank account in Dubai
100% Secrecy maintained
Less Renewal Charges
Can be liquidated anytime
You can do international business
Can do multiple activities
Can hold Properties
Regulatory Advantages :
Liberal labor laws.
No restrictions on hiring expatriates.
100% ownership in Free Zones.
No trade barriers or quotas.
Easy Licensing Procedures.
Simple Import, Export Policies
Fiscal Advantages :
Strong appreciating and fully convertible currency.
Easy funding from International Banks.
100% income and corporate tax exemptions.
No Foreign exchange controls.
100% capital and profit repatriation.
Setting up UAE Free zone Company with UAE Advantages :
Issue of visit and residence visa.
Open door policy.
Single window clearance for permits and consents.
Each capitalist gets personal attention.
Cost and time savings.
Smart roads, drain and waste material facility.
Prepared ready of power, water and gas at competitive costs.
Smart telecommunication facility and immediate phone and broadband affiliation.
Capitalist breaks ground within three months of signing lease contract as against 12-18 months elsewhere.
Wonderful native and international banks for funding project finance.
Proximity to entire gulf and international markets.
Cheap hotels, sports and leisure facilities.
Features of UAE Free zone Company :
It may not do banking and insurance business without special license.
It can have non UAE resident as director or shareholder.
It must have physical offices within the UAE.
It may acquire UAE residency Visa.
It can have UAE resident as director or shareholder.
It may maintain bank accounts and deposits within the United Arab Emirates.
It may hold shares in alternative UAE and worldwide firms / companies.
It is not duty-bound to keep up its books and records.
It may own property within the UAE.
It may own yachts registered within the UAE
Level 41, Emirates Towers, Sheikh Zayed Road, Sharjah, Dubai - 31303, United Arab EmiratesView Mobile No.