Wednesday, December 1, 2010
Business at Free Trade Zone in Dubai
1:17 PM | 
Posted by
RamaP |
The main reason for the creation of free zones in the UAE was planning to build a central business hub for companies doing business with foreign companies and not specifically to serve in the United Arab Emirates. United Arab Emirates Companies in free trade zones must operate within the free zone companies and their global operations are not authorized to practice in the rest of the United Arab Emirates.
The advantages of a free
* No personal income tax or capital gains in the United Arab Emirates
* 100% foreign company ownership
* No income tax for a significant period
* Full repatriation of capital and profits
* Modern infrastructure and facilities
* No foreign exchange restrictions
* Excellent support and advice
Facilities in the free zone
* Land and leased office space from development investors
* Slightly built warehouse, factory units and office space for rent
* Executive Office Suites
* On-site accommodation for staff investor
* Links for air, sea and road
* A lot of low cost energy
* Low cost and high living standards
How to set up a business in Dubai free zone?
* Subsidiary of a foreign company which is outside the UAE and a branch of an offshore company
* Free Zone operation / business. Free zone establishment has only one shareholder. Free Zone Company, 2-5 shareholders. Free Zone Limited Liability Company is independently owned by an individual and all the shareholders are individuals included. Corporate Free Zone Limited Liability Company (FZ LLC) is a company taken over by another company and shareholders FZC is a company.
Dubai has two major areas, Jebel Ali Free Zone and Dubai Airport Free Zone, where the import, export, production, processing, assembling, packaging, distribution, consolidation, storage and logistics of the primary functions. Dubai Healthcare City serves as a specialized center for operations related to healthcare in Dubai Media City Broadcasting, Advertising and Public Relations, Dubai Internet City is web-based services, and software development company dedicated IT support.
The advantages of a free
* No personal income tax or capital gains in the United Arab Emirates
* 100% foreign company ownership
* No income tax for a significant period
* Full repatriation of capital and profits
* Modern infrastructure and facilities
* No foreign exchange restrictions
* Excellent support and advice
Facilities in the free zone
* Land and leased office space from development investors
* Slightly built warehouse, factory units and office space for rent
* Executive Office Suites
* On-site accommodation for staff investor
* Links for air, sea and road
* A lot of low cost energy
* Low cost and high living standards
How to set up a business in Dubai free zone?
* Subsidiary of a foreign company which is outside the UAE and a branch of an offshore company
* Free Zone operation / business. Free zone establishment has only one shareholder. Free Zone Company, 2-5 shareholders. Free Zone Limited Liability Company is independently owned by an individual and all the shareholders are individuals included. Corporate Free Zone Limited Liability Company (FZ LLC) is a company taken over by another company and shareholders FZC is a company.
Dubai has two major areas, Jebel Ali Free Zone and Dubai Airport Free Zone, where the import, export, production, processing, assembling, packaging, distribution, consolidation, storage and logistics of the primary functions. Dubai Healthcare City serves as a specialized center for operations related to healthcare in Dubai Media City Broadcasting, Advertising and Public Relations, Dubai Internet City is web-based services, and software development company dedicated IT support.
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