If you are considering physically moving (part of) your business to the UAE, a Free Zone company is the obvious choice. You will have a local presence and do business from the booming UAE. You can rent an office space and obtain visas for you and your staff easily.
The main advantages of setting up in one of the free zones in the UAE are:
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100% foreign ownership is allowed
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Renting of offices and flexi desks
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Obtaining residence visas
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No tax
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Easy to hire the staff you need
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Guarantee for 15-50 years against the future imposition of corporation tax
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Import duty free (duty is 5% on most goods), if the goods are not supplied to the local market
The free zones each have their own free zone authority. These are profit making entities; their main source of income is often derived from renting office space, collecting license fees, and providing services to the companies operating in the free zone. All share the features outlined above but differ along the following lines:
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Focus of the free zone; often attracting businesses from a particular sector although there is considerable flexibility
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Office rent; rents outside Dubai are significantly lower
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Minimum office space required
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Support facilities provided by the free zone
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Annual license fees
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Paperwork involved in forming the business
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Capital requirement
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Number of visas allocated per square meter office space
Follow the links to find an overview of the main free zone companies we advice our clients to use.
Contact us for a Free Consultation on your personal situation.
How The Freemont Group Can Assist You
Let us explain how Freemont group can help you set up your UAE Freezone company in the UAE. We are a European managed company that has been setting up UAE companies since 2006.
We know the right persons in the Free Zones and we have set up hundreds of companies in the UAE. So you will experience setting up your business the most cost effective and time efficient manner. We also have experts that can advice you on international tax planning, assets protection and estate planning.
That makes us unique in the UAE.
In case you need a bank account we have a number of good relationships with the UAE banks and can provide bank introductions. Furthermore, we can assist you with visa and work permit procession.
We give you a short description of the best free zones in the UAE. So you have an idea what the best solution for you is when you want to set up your business in the UAE. In any case, it is best to talk to one of our experts who can instantly tell you the best solution for your situation.