Free Zones are the designated areas in UAE, where the expatriates can fully own and operate their business. Dubai free zones have become the major trading hubs due to various incentives provided by the Government to promote business culture. They are equipped with state-of-the-art infrastructure facilities, world-class business amenities, flexible government policies and impressive tax exemptions. The attractive tax regime and incentives offered by the free zone authorities make Dubai the most preferred region for company formation.
There are many free zones in Dubai that provides wide range of business activities. Some of them are
Free zone authorities offer following licenses for Dubai free zone company setup:
Bizvise has a team of professional experts who can manage free zone company setup procedures that include obtaining trade license, company registration, opening of Bank Account, getting visas, recruitments, accounting etc. Our firm will provide the best consulting solutions that will help you setup your company in Dubai Free Zone.
Dubai is a dream city for investors from all over the world, including India. The UAE Government offers innumerable benefits to foreign investors and expatriates, most notably the huge tax breaks. There is a number of businesses set up companies in the UAE, including Dubai, that provides all kinds of assistance and cooperation to investors interested in new business. Many of them are faithful; anyone willing to invest with their support will be able to integrate a business in to the Dubai Freezone.
Integrating a business in to the Dubai Free Zone would be a wise decision for any one. In fact, it is the most lucrative and prosperous option for a business owner. Freezones are always in good demand; Businesses are becoming more and more interested in falling in to the aura of benefits that come from there. There are several free zones in Dubai that serve a specific purpose and maintain a specific industry.
Once upon a time there were innumerable oil wells in Dubai, and with the advent of many lucrative industries, the oil industry in Dubai faded a little. Yet, Dubai located on the shores of the Arabian Gulf, used to be well known to the oil industry, and that’s the old story and now Dubai’s face is another. This situation has changed over the last 2 decades and Dubai has gained a new environment.
The economy of the region is now driven by a variety of business models, which is why Dubai is now a global city. Today, Dubai is a popular business hub with amenities similar to those in the West. The UAE government has set up free zones in Dubai to attract foreign investment, boost image and strengthen the economy, which will provide lucrative incentives for foreign nationals to stat their business in the Emirates.
Dubai Free Zone is world famous, and there is more to it than just business. The Dubai Free zone is a popular destination for foreign tourists from all over the world. All are from different countries and different cultures, Dubai Free Zone is very colorful, and in fact it is an institution with a lot of social commitment under the government.
Dubai Free Zone, this authority is a government agency that handles the registration process and issues business licenses to resident companies and foreign – owned businesses for company formation in such free zones. Free Zone is always a very exciting business area for foreign investors.
In a sense Dubai Free Zone is a business hub that will amaze any business person. All settings are superior to each other, and the business set up in the Dubai Free Zone reveals a wide range of opportunities for net working, collaboration and business growth. The attractive tax system (including huge tax breaks) and the many incentives offered by the Free Zone authorities make Dubai, an investor friendly country for company formation.
If you are interested in starting a business in one of the Dubai Free Zones, feel free to contact Bizvise today,
Documents required setting up a business in Dubai Freezone
Step by step process of company registration in Dubai Free Zone:
Anyway, Dubai free Zone is very optimistic and inspiring for the new generation of business people. Those who still have a lot of business interests will be amazed by this way, no doubt.
You need to provide a certificate of authenticity for the lease contract issued from the Real Estate Regulatory Agency and a new Memorandum of Association with the necessary modifications.
Incorporation can take as little as five working days or up to six weeks for some free zone entities.
All educational and corporate documents required during the incorporation process and for the issuing of residence visa process needs attestation at the corresponding UAE embassy or consulate in the country of the document origin. These documents must then be attested by the UAE Ministry of Foreign Affairs in Dubai.
Dubai Free zone has 100% repatriation of capital and profits, exemption from all import and export duties. It has no corporate or dividend tax.