Numerous businesses avoid putting investments into the UAE because of the impulse of having a UAE national as a partner with 51% shares claimed by them. Along these lines, free zones have become a well-known type of business registration in the UAE, where 100% of foreign possession is permitted. A free zone, or free trade zone, is a zone with exceptional tax-free status and low trade obstructions where products can be fabricated, imported/exported, took care of or reconfigured without paying any customs duty. Free trade zones are generally situated in strategic geological areas like national borders, global air terminals and major seaports, to amplify trading benefits.
The UAE government has set up numerous free zones in the Emirates, each designed for explicit business activity. UAE free trade zones offer rewarding facilities to non-resident corporates, similar to the accommodation of single-window service, no bureaucratic red tape, and 100% ownership. There are around 44 free zones situated everywhere in the United Arab Emirates that have pulled in international entrepreneurs and foreign investors direct investment as 200,000 companies adding to the GDP growth. The free trade zones differ in their focus, setup expenses and administrative work required, yet the essential requirements are the same.
There are numerous advantages to beginning a business in the UAE. However, the UAE free zones offer some extra benefits if a foreign investor or international entrepreneur chooses to set up a business in one of the free zones. They are:
The vast majority of the UAE Emirates have set up free zones to give a boost to the economy in the region, market foreign investment, and drive development. Free Zone Authority is the government authority body that registers and issues licenses to operate to non-occupant companies in UAE free zones. The list of free zones set up across the UAE are discussed below:
Regardless of whether you just need data about Dubai free zone license cost or need to analyse the total Dubai free zone business setup cost, a professional business consultant at MAD Middle East can guide you. With 100% ownership and loosened up Dubai Free Zone visa rules, setting up a business in Dubai's Free zones can be an extraordinary method to extend a business or start a new company.
Thinking about how to set up a business in the UAE free zone? Be it getting you the best quote on Abu Dhabi free zone license cost or getting you the choices on least expensive free zone in UAE, MAD Middle East team of professional business consultants cater you with the best. To set up a business in Abu Dhabi's free zones, get in touch with our team of professional business consultants today for a prompt and hassle-free process.
The free zones in Sharjah are a decent choice for company formation in the UAE. Sharjah free zones give an innovative and present-day venue to new companies and business visionaries working in the media and technology enterprises just as businesses related to trade, import, and export. Here at MAD Middle East, our team of professional business consultants will guide you through the process in a proficient manner.
Did you realize that as indicated by the Ajman Chamber of Commerce, during the first six months of 2019, Ajman Free Zone companies have contributed 32% of Ajman's complete exports and 60% of re-exports. Ajman Free Zone Authority or AFZA is a strategically located Free Zone at the entrance of the Arabian Gulf; ideal for traders and associated business setups. Our professional business consultants are here for your assistance.
Would you like to set up a business in Ras Al Khaimah or need to know about Ras Al Khaimah trade license cost? Ras Al Khaimah Economic Zone (RAKEZ) is a promising locale that offers free zone and non-free zone company registration in the UAE. A significant explanation for foreign investors and international entrepreneurs prefer MAD Middle East is because they give the best business setup cost in the UAE.
Fujairah Free Zone approaches the world's major shipping routes, a top-notch air terminal, and streamlined procedures, alongside this lucky geographic location. Business setup in Fujairah Free Zone is exceptionally rewarding for some businesses. Fujairah Free Zone has 3 primary advantages for foreign investors too: Accessibility, Connectivity, and Economy. MAD Middle East consultants are here for your assistance.