If you're seeking for Freezones business setup in UAE, you'll need reputable business people by your side. Dhanguard is one of the trusted names & have adapted to UAE's cutting-edge business environment. Company formation in UAE is complex, but not for us. As Freezones business setup consultants, we can handle any situation. In the last 40 years, the UAE has diversified its economy to provide worldwide business opportunities in various areas. The government is incredibly adaptable, and it continues to increase the number of incentives available to new, established, and growing businesses.
It doesn't get much better than the United Arab Emirates if you want to establish a new business in a flourishing economy. The country is regarded as one of the most important economic hubs in the Middle East. The United Arab Emirates is well-known for its strategic location and easy company establishment.
There are seven emirates in the UAE, each with its own set of advantages for setting up a business on the mainland, in a free zone, or offshore.
Dubai is regarded as the UAE's financial capital. The Emirate's main sectors include real estate, trade, tourism, and financial services. In addition, the emirate has approximately 30 Free Zones, each of which offers tax exemptions and property ownership incentives.
Sharjah is a fantastic place to start a business in the United Arab Emirates. You'll receive all of the benefits of a big city without the hefty price tag. Over the last few years, the area has seen enormous expansion in terms of technology, arts, and culture.
The capital of the United Arab Emirates is Abu Dhabi. The city is noted for its opulence and is one of the wealthiest in the UAE. This area's main industries are real estate, industrial development, and tourism.
Ajman lies at a fantastic location, just at the Arabian Gulf's entrance. Business owners may access major cities, four ports, and two international airports from this area. Manufacturing, retail, and service industries are all popular in this Emirate.
Fujairah is the country's fifth-largest emirate. Because it possesses both a seaport and an airport, it is a hotspot for import and export enterprises. It is also the only Emirate on the Arabian Gulf, making it well-connected to other important cities such as Dubai, Sharjah, and Abu Dhabi.
Ras Al Khaimah (RAK) is only 45 minutes from Dubai. Its Free Zones are the closest to China, India, Iran, Pakistan, and the Commonwealth of Independent States in the Far East.
This up-and-coming state is close to Dubai and Sharjah, making it ideal for international travel. Umm Al Quwain is regarded as one of the most cost-effective Emirates for establishing a business in the UAE, with a simple registration process.
Not only are there seven growing places in the UAE to choose from for business setup, but there is also a long list of advantages to doing business here.
Here are just a few of the many reasons why entrepreneurs from all over the world choose to set up shop in the UAE:
Foreign investors who want to set up businesses in UAE must adhere to the following guidelines:
It's good to know that the free zone authority where the business will operate will handle all visa applications and company registration procedures in a hurry.
Our experts can help you prepare the documentation you'll need to start a free zone business in the UAE.
In order to register a corporation in the Dubai free zones, the following requirements must be met:
Foreign entrepreneurs can form free-zone limited liability firms or function as sole traders, while foreign corporations can form free-zone corporations with corporate shareholders or open branch offices. Alternatively, investors can act as sole proprietors if they apply for one of the free zone authorities' professional licences.
The following licences are available regardless of the sort of firm that is established in one of Dubai's free zones:
General trading licences, trading licences, industrial licences, national industrial licences, and service licences are all examples of general trading licences.
Minimum share capital requirements apply to specific sorts of activity, depending on the free zone where the company will be formed.
The UAE's taxation structure, which mostly applies to enterprises in the oil and financial industries, is one of the most compelling reasons for international investors to establish businesses there. It's worth noting that each Emirate has its unique set of tax rules. Dubai has one of the most favourable tax schemes among them. In addition, Dubai includes a large number of free zones that are self-governing and have their own taxation regimes.
A Freezone company is a business entity established in specific zones in the UAE that offers various benefits and incentives to foreign investors.
Benefits include 100% foreign ownership, tax exemptions, no import/export duties, and simplified company registration.
Over 40 Freezones across the UAE, each catering to specific industries.
Generally, Freezone companies must work within the respective Freezone they are registered in.
Activities vary by Freezone, but they usually cover industries like technology, finance, media, healthcare, and more.
UAE residents can also establish Freezone companies, but the benefits may differ.
The timeline varies but can take a few weeks to a few months, depending on documentation and approvals.
Capital requirements differ among Freezones, and some do not have any minimum capital requirements.
Yes, Freezone companies can own property within or in designated areas.
Yes, Freezone companies can sponsor employees for residency visas.
A Freezone Authority is the governing body overseeing operations and regulations within a specific Freezone.
Freezone companies enjoy exemption from customs duties on imported/exported goods within the Freezone.
Yes, Freezone companies can conduct international trade without any restrictions.
Freezones cater to specific industries, so the options depend on the Freezone.
Yes, Freezone companies can open bank accounts within the UAE for business transactions.
Freezone companies and their employees are typically exempt from personal income tax.
Freezone companies may only sometimes be eligible for government tenders, as some projects are reserved for mainland companies.
Freezone companies are primarily established in the UAE but can explore opportunities to expand internationally.