Advantages of Company Formation in Dubai Free Zone

September 27, 2019
Advantages of Company Formation in Dubai Free Zone

Dubai remains one of the most appealing investing destinations for foreign enterprisers due to its tax facilities and business infrastructure. However, most investors come to Dubai because of its Free Zones and the advantages these offers. Company formation in a Dubai free zone is quite simple if one knows the steps to complete for business registration. However, it must be noted that one will need the assistance of a corporate consulting firm to set up a company in a Dubai free zone.

What Are Free Zones?

Free Zones are geographic areas within a country where goods, services, and commodities may be traded without the intervention of stringent customs regulations. In most Free Zones, companies are taxed minimally or sometimes even fully exempted, to encourage economic activity.

The benefits of setting up your business in Dubai Free Zone are:

  1. 100% tax exemption on personal or corporate income or gains.
  2. 100% ownership for investors regardless of their nationality and domicile.
  3. 100% repatriation of capital and profits.
  4. Exclusion from all import and export duties.
  5. Exemption from corporate tax for 15 years, with an additional renewal option for 15 years.
  6. No capital deposit required.

Free zones in Dubai provide multiple investment opportunities to investors and offer them the flexibility to select a business entity that fits with their unique business needs and objectives. Freedom of doing business, substantial tax savings, and a robust infrastructure lead investors and businessmen to set up their operations in Dubai free zones.

Innovative Zone is a Management Consulting and Corporate services firm providing International business and corporate solutions. We have the expertise and resources you would need to realize your entrepreneurial dreams, as our team takes care of all requirements. Should you decide to open a business in Dubai free zone, don’t hesitate to contact us.

× WhatsApp Us