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 do not require a UAE national shareholder. While it is mandatory to rent an office at low cost. It is not necessary to hire staff.
Fair Zone companies are exempt of corporate taxes and personal taxes, minimizing withholding tax on remittance to other countries.
No custom duties
No customs duties are imposed on goods imported and exported from the Free zones.
Low bureaucratic requirements for incorporation
Fewer restrictions relating to staff recruitment
No imports/exports taxes
High quality infrastructure facilities
Competitively priced energy and utilities
As a part of our Business Setup Services, we provide:
UAE Company Formation
We Provide UAE company Formation services to our clients. The UAE economy is divided between “#onshore” and “offshore “sector. Onshore sector is dominated by local business interests with restrictions on foreign ownership and the Offshore sector consists of number of free zones.
Setting up in Free Trade Zone
We Facilitate Business Setup in the various Free Trade zones. Identifying the right Free Zone, Licenses and all the Legalities is on us.
Setting up In Mainland
We facilitate Business Setup in various emirates in the UAE by identifying the most suitable emirate for your business, Planning, providing local Partner/Sponsor/Service agent. Warehousing, logistics, Also the manpower and HR services if required.
The normal conduct of Business requires an organization to be registered with several authorities based on the specific nature of the business. We help our clients by providing an expert hand and waling them through all matters pertaining to registrations as Chamber of Commerce, ESMA, FTA-VAT, Ministry of Health, Dubai Municipality, #trademarks and other product Certifications and Registrations.
Visit https://ftrade.ae/business-consultancy/ to know more on this.