Free zone Company Formation
Free zone Company Formation
In the United Arab Emirates (UAE) Free Zones are special economic zones set up with the objective of offering tax-free, and free customs duty benefits to expatriate investors. The Free Zones in the UAE are designed for boosting international business by providing complete ownership to foreign investors. UAE Free Zones in Dubai and the UAE are governed pursuant to a special framework of rules and regulations applicable to the concerned free zone. Freezone Company Formation in Dubai are managed and operated by free zone authority. These free zones operate outside the federal Law or Laws of the Ministry of Labor.
A free zone company formation is the most fruitful legal entity that not only offers the benefit of 100% ownership to the investors or entrepreneurs but a host of other exclusive advantages that other legal forms do not have. Normally for free zone company formation in the UAE mainland, the expatriates need a local sponsor but through Free zones, Company Set up in Dubai, UAE the expatriate can set up their business without the local sponsor and he can enjoy 100% repatriation of capital & profits. UAE free zone offers 100 % corporate and personal income tax benefit.
Most of the free zones in Dubai, UAE broadly offer trading, service, industrial, national industrial, and branch licenses to investors looking to set up their businesses. In UAE free zones are either attached to a port or industry-specific.Freezone Company Formation
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