Why is Free Zone Company Setup in Dubai Profitable?

 

Over the years, Dubai has emerged as one of the most popular investment destinations. This is because of numerous factors that have worked in favour of Dubai like its strategic location and the efforts of the government to make it an internationally viable destination. On the top of that, the business-friendly policies that promote fruitful investment forms like Free Zone Companies attract huge number of investors each year.

Benefits of Free Zone Company Setup

• Being 100% tax-free Dubai is a tax haven.
•  Unlike any other types of business setup like the Limited Liability Company Formation, Free Zone Company allows 100% ownership to the investor.
• The investor is allowed to retain profits and investments of the organization with him.
• A Free Zone Company owner is allowed to open and maintain liberal bank accounts.
• These liberal bank accounts can be multi-currency bank accounts.
• The Free Zone Company can conduct its business with the other companies in the Free Zone Area.
• The Free Zone areas in the Dubai have become an attractive business destination on account of its strategic location. The Free Zones are situated in close proximity to the airport and the seaport.
• An organization enjoys common facilities at the free zones.
• The investor is offered the UAE resident visa.
• UAE Free Zone Company has an amazing business environment.
• Free Zone Company has a fast incorporation time. The Dubai free zone company registration can take as less as 3-4 working days.
• No restrictions on currency.

Why seek the services of a Company Registration consultant?

By seeking the services of a consultant, you ensure faster and assured company registration in Dubai Free Zone. This is because the consultant will educate you about the rules and regulations that govern the Dubai Free Zone Company setup.  Most consultants also offer to act as your local agents to put together all the required documents and formalities.

Benefits of Opening Up a Business in the UAE Free Trade Zones

For foreign investors, investing in the UAE free trade zone is quite a lucrative option. The free zones are set up all across the United Emirates in order to attract investments from the foreign businessmen. If you are a foreign investor who is looking to set up a business in UAE, then setting up your business in the free zone will give you a head start in the right direction. The companies which are operating under the UAE free trade zone have a different set of laws governing them. The operating laws of the free zone companies all across the United Emirates vary, however, the basic feature of these companies remain the same. 

If you are a foreigner looking to set up a business in UAE but are not very sure about its benefits, then given below is a list of the benefits of setting up a company in the UAE Free Trade zones:

• Setting up a business here will ensure that you have total control of all the activities of your business.
• With a business in these trade zones, you will be able to enjoy the entire profit earned by your company
• In most of the cases, you do not have to give any tax either for your personal income  or even for the corporate gains, whenever you set up business in these zones
• The operational cost here is much lesser
• There are no restrictions applied to the currency of the different countries
• You have the option of operating your business 24/7
• The working environment and the infrastructure in the UAE Free Trade Zones is excellent
• There are also factories, warehouses, and free built offices present.
• The entire start-up process of the company including the licensing procedures of the company is very fast.
• There are plenty of transport links available which include communication by sea, road, and air.

Therefore, it is quite clear that establishing a business in the UAE Free trade zone, is quite beneficial.