Title: Free Zone Business Setup Consultants in UAE
1Advantages of Free Zones in the UAE
2Free Zone Areas are special trade areas in the
UAE, with regulations and tax settings that
differ from the rest of the UAE.
3Each free zone is designed for specific
industries and only companies that fall under
these categories can set up business in these
Free Zones.
4- Each Free Zone is governed by an independent Free
Zone Authority. - These authorities are responsible for issuing FTZ
licenses and to provide Free Zone companies with
any necessary assistance.
5Unlike companies in the rest of the UAE, Free
Zone companies can be 100 owned by a private
individual, with no restrictions regarding Expat
recruitment.
6Free Zone companies are free to carry out
business in FTZs, with Commercial Companies Law
exemption.
7Free Zone Entities can be of 6 types
- Free Zone Limited Liability Company (FZ-LLC),
- Free Zone Establishment (FZE),
- Free Zone Branch (FZB),
- Limited Liability Company (LLC),
- Individual Establishment (IE), and
- Local Branch (LB)
8Free Zone Entities can be of 6 types
- Trading License
- Commercial License
- Media License,
- Industrial License,
- General Trading License
- Consulting / Service License
9Setting up a company or a business in Free Zones
in the UAE have several benefits.
- Customs Duty Exemption
- Export and Import Tax Exemption
- VAT Exemption
- Complete Foreign Ownership
- Lower Corporate Tax and
- Higher Limit of Foreign Employees.
10Visit yellowpages-uae.com to Contact Free Zone
Business Set Up Consultants in UAE