Opportunities of opening a logistics company in the UAE
Investing in opening a logistics company in the UAE can have its various benefits with keeping in mind the rules and corporate law of the Emirate and enabling the use of tax and customs privileges offered with the territory. The demand for the services of logistics companies shows that there isn’t a shortage of firms in the UAE who can offer these facilities. Dubai, Ras Al Khaimah and other Emirates are home to thousands of companies from all over the globe that carry put their commercial practices.
There are many factors that a business owner should consider before choosing a free trade zone to register their logistic company in. one of the main factors are understanding all the standards and UAE corporate laws that come with the territory of the free zone. The company owner must find a free trade zone that will fill all the requirements of the planned business.
Dubai Logistics City – opportunities for potential investors
If entrepreneurs are seeking to open a company in the Dubai Logistics city in the UAE, there will be able to take advantage of the various opportunities and competitive advantages that the area has to offer the company in the global market. Some of the possibilities offered to registered companies in the Dubai Logistics City are:
- Exemption of tax for commercial activity in both markets (local and international)
- Exceptional quality banking services and the prospect of engaging contemporary logistics centres
- International optimization of tax and customs payments
- Ability to insure freight forwarding activities and optimization of the pricing policy
Opening a logistics company in Dubai or Ras Al Khaimah, the UAE
The largest global logistics platform for company owners is currently the RAK Logistics City free trade zone. This zone unites the most distinctive sorts transport administrations, including a qualified faculty and the proper framework for your company.
The great conditions and wide range of cutting edge innovations allow logistics companies to concentrate on the viable and improved supply chains. Logistics City serves as a universal transport centre, which consolidates both airport cargo transportation and freight shipping. The free trade zone offers additional operations in the field some of which include checking and packing of goods or their final assembly.
In addition, outside financial specialists are more pulled in by the steadfast government strategy and corporate benefits for business. Some of the benefits available on the territory of the free economic zone of Dubai are complete (100%) foreign ownership and lack of restrictions on withdrawal of financial assets beyond the jurisdiction. Employees and shareholders also don’t have to pay any income tax as it is not only restricted to the companies.
If a business owner is seeking to open a logistics company and register in the UAE Logistics Cities, Peninsula Business Solutions (PBS) has highly qualified specialists that can help facilitate and support the initiation of the business for its potential success.