Free trade zones are specific areas which offer tax, tariff, and regulatory incentives in order to attract export-oriented companies. Usually, these incentives only apply for raw materials/products that are for destined for export, if they are eventually sold to the local market, normal tariffs will apply. UAE national shoulder shareholder not required Free Zone Companies…
A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many…
As a small-business owner, you are probably chiefly focused on growing at home. If you are thinking about growing your business overseas, there are some important things you need to think about before you take the plunge: Do your research! Before you take your business overseas, do some research into the market to determine whether…