Choose Your Investments wisely – invest in Dubai FreeZones
A Low-Risk Investment Option is one that is comparatively easier and offers a much stable return for the investment. Some of it includes Savings account, money market deposit accounts, certificates of deposit, savings bond, treasury bills, corporate bonds and municipal bonds, whether you are investing in Dubai or surrounding areas.
A Free-zone company offers full ownership, no tax, renewal fees, open bank in Dubai and can do more than one activity. The investors can simple sign the needed documents up to achieve Dubai Freezones.
The special benefits of these free zones are:
- Complete exemption from import and export tax
- Possibility for complete foreign ownership of the company
- No corporate tax for up to 50 years
- Exemption from personal income taxes
- Possible to repatriate the entire capital and profits
- Support services like assistance with hiring, sponsorship, housing, and so on.
Let’s take a look at the best places to start a new business in the UAE:
Dubai: probably the most popular destination for starting a company in UAE due to its liberal cultural atmosphere. The DAFZ, or Dubai Airport Free Zone, is the leading Free zone service provider in the UAE. Established in 1996, the governing body of the DAFZ provides organisations with a modern and inclusive base to conduct business. Other free zones in Dubai include the International Finance Centre, Gold And Diamond Park, Industrial City, Internet city, and so on.
Abu Dhabi: the Khalifa Industrial zone, or KIZAD, is the largest and one of the best planned industrial free zones in Abu Dhabi. It supports manufacture, logistics, and trade. Companies can enjoy low operating costs and comprehensive and innovative infrastructure. The Abu Dhabi Airport Business City owns, operates, develops, and manages free zones around the airports.
Sharjah: The Airport International Free Zone is the premier Free Zone in Sharjah that encourages foreign investments.
Ras Al Khaima: This Emirate chiefly provides the RAK Investment Authority Free zone, the Ras Al Khaima Free Trade Zone, and the Ras Al Khaima Media Free Zone to foreign investors.
Jebel Ali: this Free Zone located at the western end of Dubai. Started in 1985, it provides ready-made facilities to customers, and has now expanded to include light industrial units.