- February 10, 2018
- Posted by: admin
- Category: Blog
Free Zones in Dubai are special economic zones offering tax free, 100% foreign ownership and free customs duty benefits to expatriate investors. This makes the free zones the most favorable locations in the Middle East for international operations and attracts many in Free zone company formation in Dubai. As a leading business consultancy, Vertex Global specializes in free zone company formation in Dubai & UAE free zones.
The company setup in the free zone areas are not subject to commercial companies Law. Free Zones in Dubai and UAE are considered to be outside the jurisdiction of UAE, and are under the rules and regulations of concerned free zone. The companies under the Jebel Ali Free Zone are responsible to maintain the rules and regulation of the Jebel Ali Free Zone Authority.
Dubai offers excellent business opportunities for investors from all around the world for their Free zone company formation in Dubai. As far as the rules and regulations are concerned, Dubai provides the most liberal working environment and easy free zone company setup procedures. Vertex Global acts as one stop solutions to the investor thereby reduces the hassles to investors and gets everything done the fastest possible way.
Types of Companies registered in Dubai Free Zone:
Free Zone Establishment (FZE): This type of company can be registered with one individual or corporate shareholder.
Free Zone Company (FZCO): This type of company can be registered with 2 or more shareholders. Shareholders can be either individuals or corporate companies
All these types of companies may not be available in every UAE free zone. There will be some difference according to the rules and regulations of each free zone authority.
Types of licenses available in Dubai Free Zone:
Normally, Dubai Free Zones offer the following types of business licenses:
Trading License: This type of license allows company to carry out trading activities like buying, import & export and selling of limited number of goods and commodities.
General Trading License: This type of license will allow company to deal with trading of all types of goods with some exemption on banned goods and products that need special approvals.
Service License: This type of license is issued to companies which deal with consultancy, accountancy, etc. services.
Industrial License: This type of license allows the company to carryout manufacturing, packaging and processing in Dubai free zone.
Key benefits of Free Zone company setup in Dubai, UAE:
- 100% Foreign Ownership (no local partner or sponsor required)
- No corporate tax for 50 years and can be renewable for an additional 50 years
- Duty free goods importing into the free zones
- Easy recruitment procedures, work permits and Visas
- Facility to own the properties
- Renewal fees are moderate for free zone company formation
- Business confidentiality is strictly maintained
- Allowed to open bank account in Dubai
- No restriction for doing more than one activity
- Can wind up business at your discretion
Vertex Global is a team of professional experts who can assist you in free zone company formation in Dubai, UAE. We can help you through the complete procedures from registration, obtaining license, bank account opening, visa processing and all requirements associated with free zone company formation in Dubai. For more information about the procedures of Dubai free zone company formation, contact us at +971 (0) 4 329 6687 or Email us to firstname.lastname@example.org.