Things You Need to Know Before Company Formation in Dubai Free Zones Dubai is a global business hub for investors around the world. Dubai Free Zones offer a host of opportunities to those who look to enjoy doing business with a hundred percent tax exemption. At the same time, setting up a business in a Dubai free zone is not difficult, when you know what and how you want to do business and with the right help at hand. Foreign investors can make the most out of their investments in a country that ranks higher in the global index of ease of doing business. Benefits of Company Formation in Dubai Free Zones Free zone businesses are the most appropriate form of business for foreign investors. It offers many benefits in terms of ownership, tax exemption, business registration, and infrastructure availability, without the requirement of having a local sponsor or partner. Some of the key benefits of Dubai freezone company setup: • • • • • • • • • •
100% foreign ownership of the business 100% personal and corporate tax exemption 100% repatriation of capital and profits No import and export duties No currency restrictions Long-term land leasing options A wide variety of licenses for various activities Easy corporate bank account opening process Privacy protection and safety Easy visa approval process
In Dubai Free Zones, foreign investors can start a variety of business activities across many industries, including IT, finance, retail, real estate, tourism, education, healthcare, and so on. All they need is to identify the idea free zone and apply for the right type of business license depending on the type of business activity they want to operate as a free zone company. Free Zones in Dubai Continue Reading…