Setting up a Free Zone business involves
investor’s understanding of the market and the difference between Free zone
area and Dubai Government Entities.
Why
Choose Free Zone?
Since it is gateway of Capital and Investment and
its
tax-friendly regime makes it the perfect base to take advantage of the region’s
rapidly growing demand for financial and business services.
There
are 2 categories of Free Zone business that anyone can set up in Dubai.
- Free
Zone Company –
are business which owned 100% by the person who set it up. There is no
requirement of a sponsor or an agent to act as liaison for managing the
venture. There is no restriction tying you down.
BENEFITS
OF SETTING UP IN FREE ZONE:
- 100%
Ownership
- Can
be formed by only one individual
- You
can open bank account in Dubai
- 100%
Secrecy maintained
- 0%
Tax
- Less
Renewal Charges
- Can
be liquidated anytime
- Allows
to do international business
- Can
do multiple activities
- Can
hold Properties
- Offshore– it is also
registered in a free zone and many benefits can be enjoyed the same way that
an average Free Zone company gets. But you cannot have this as a
substitute for a Free Zone company.
The major difference between a Free Zone company and an offshore company is that offshore companies are also allowed to conduct their business outside the United Arab Emirates. They cannot have business activities inside the country.
Kiltons business setup services can
assist you in all different types of business; they are professional and can
guide you to find the exact location to set up your company. We work on the
required budget of the client to obtain all his needs.
I read that Post and got it fine and informative. Please share more like that... Great Article it its really informative.
ReplyDeleteFreezone Business Set Up In Dubai | New Business Set Up And Management Service In Dubai | Renewal Trade License In Dubai | Freelance Visa And Visa Processing In Dubai
ReplyDeleteQuickbiz Business Setup Services is a prominent business setup and Company Formation services provider in Dubai, UAE.
Our team of highly experienced professionals with several years of expertise will help you own your business Setup in Dubai UAE, in an affordable and hassle-free manner.
company formation in dubai
At Dubai Business Setup, we offer a streamlined business setup process and Will registration in Dubai. Our experienced consultants handle all legal documentation and procedures, ensuring a smooth and efficient setup experience.
ReplyDeleteBy integrating Will Registration Dubai with your business setup, we help safeguard your assets and ensure a seamless transfer of wealth. Our comprehensive services provide end-to-end solutions catering to your business and personal needs, giving you peace of mind and a strong foundation for your future. Trust Dubai Business Setup for expert guidance and support in establishing your business and securing your legacy.