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Discover the advantages of a Freezone company in Dubai and get support in its creation
What is a Freezone company?
In the UAE, freezones are special economic zones that offer tax and regulatory advantages to encourage investment and economic growth. These benefits generally include tax exemption on profits and income.
There are a number of different freezones in the UAE, each with unique characteristics and different benefits. It can be difficult to determine which one is best suited to your needs and goals. That's why it's often a good idea to consult an expert in the field to help you make the best choice.
In addition to the tax advantages, there are many other benefits to moving to Dubai. It can be an opportunity to realize an expatriation project and live a new life experience. By opening a freezone business, you may also have the opportunity to sponsor visas for yourself, your family, employees and collaborators.
As a freezone business owner, you have full control of your business and own 100% of the shares. This allows you to make all the important decisions for your business and manage it as you see fit. This is a particularly important advantage for entrepreneurs looking to start and grow their own business.
Why create a Freezone company in Dubai?
On a personal level, the freezones offer many advantages for individuals who wish to settle there. You can obtain a residence visa in the UAE for a period of 3 years renewable for life. It is possible to easily obtain a residence visa for each member of your family and become a tax resident in the UAE. You can also open a personal bank account in Dubai in one of the local banks.
Economically, the freezones are very attractive for companies. You own 100% of the shares of your company and it is not necessary to associate with an Emirati. There is no taxation on companies or profits, no taxation on dividends or income, no VAT, and you can repatriate all your funds to or from the UAE. It is also possible to be exempt from customs duties.
On the salary front, the freezones are also interesting. You can directly hire an employee in the UAE, there are no social charges and there are no restrictions on hiring expatriates.
Administratively, freezones are simple and convenient. You can get offices in the Emirates in your freezone, the presence of a physical office is not an obligation and the accounting is simplified. You can have clients in the UAE and do business in the UAE without restriction.
For which activities is Freezone suitable?
It is possible to set up a variety of business types in a Freezone in the UAE, however the opportunities and terms of doing business may vary depending on the type of business you choose.
To ensure you make the best choice, it is advisable to consult with experts in the field who can advise and guide you in choosing the type of business you want to run.
Looking at Dubai Freezone companies, you can find the following main activities:
Services (communication, marketing, advertising, etc.)
Import-Export (including international activities)
E-commerce
Consulting
Media
The Freezones and Dubai are perfectly suited for Business to Business or Business to Customer companies looking to establish an international presence.
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