Dubai Free Zones setup and company benefits

Dubai Free Zones setup and company benefits

November 7, 2016
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Free Zones in the UAE provide investors with all the amenities, facilities and communication infrastructures needed to help facilitate them with starting up their businesses. They also offer several benefits to foreign companies and are currently recognized as one of the best ways to setup an office in Dubai. one of the main advantages that Free zones offer are the ability for individuals to have 100% ownership of their own business without the need for local sponsorship or any form of staff recruitment necessities. Exports don’t charge companies with any form of tax and imported raw material or equipment is exempt from customs duty.

Other Benefits of setting up in a free zone

  • 100% Repatriation of capital and profits
  • 100% Corporate, Personal Income Tax exemption
  • Abundant and inexpensive energy
  • Inexpensive workforce and easy recruitment procedures
  • ‘One-stop-shop’ Administration services
  • On-site customers inspection
  • Companies at Free Zone can operate 24 hours a day
  • Attractive working environment
  • No currency restrictions

Free Zones in Dubai are designed according to specific or different business industry categories and offer licenses to companies and entities within those classifications. Each free zone is managed by separate Independent Free Zone Authority, and this authority is responsible for issuing business permits and licenses, employee visa and regulating the business requirements. Each free trade zone has its own unique facilities, rules and regulations.

The different activities that some free zones specialize or target are mentioned below.

  • Jebel Ali Free Zone focuses on activities such as trading, shipping, logistics, manufacturing, import, export, packaging and distribution.
  • Dubai Airport Free zone targets distributions centres, representative offices, regional headquarters, logistics and light industrial activities.
  • Dubai Healthcare City serves as a hub for healthcare and related businesses.
  • Dubai Media City caters for broadcasting, advertising, and public relations.
  • Dubai Internet City has facilities for web-based services, IT support, and software development.

Each free zone offers plenty of options for UAE business setup and company registration.

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Peninsula Business Solutions (PBS) Ltd was established in the UK in 2004 and licensed by the UK OFT (Office of Fair Trading) to provide Consumer Credit Services. We are regulated by the OFT and follow the strict guidelines provided by the UK FSA (Financial Services Authority). In 2007 PBS established a branch in the UAE which provided us international presence and the ability to expand and diversify our services along with our International network and affiliations. We specialise in providing high end professional consultancy on Company Registration in Dubai, company setup services across the UAE and Debt Recovery Services