Benefits of Your Business Setup in Dubai Free Zone

UAE free zones are fascinating places for new foreign investors who want to start a business with 100 % of its ownership. These zones offer 100% ownership along with zero taxes and many other benefits for the company owners. This makes free zones the most suitable location for international investors.
Here are some advantages of having a Business Setup in a Free Zone and how it operates are as under:

Ownership Of Business:

The most significant advantage of setting up a Free Zone company is that you can retain 100% ownership of your business without any local service agent.

Financial Benefits:

Some other financial benefits of a Free Zone Company Formation are that it has a 0% corporate tax rate and 0% income tax rate. Also, there is no duty charged on imports and exports, and one can repatriate 100% capital and profit.

Business License:

A Free Zone company formation in UAE firstly requires the approval of a trading license. The license can be of three types:

  • Commercial License: This license covers all types of trading activities.
  • Industrial License: It covers all the manufacturing businesses and the companies that involve in the process of transforming raw materials or semi-formed materials into final products. It also involves the processing of goods, packaging of items, and in the end preparing them for sale.
  • Professional License: This type of license is given based on the skills and expertise of either an individual or a company, and it covers the range of professional services, management opinions and ideas, and public relations.

Sector-Specific:

A very important factor that can provide great and strategic opportunities to free zone companies is that the UAE free zone companies are sector-specific. It provides foreign investors and business owners to share and access the best knowledge and expertise from other companies in the same field.

Duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our to do what we like best.

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