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.
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