A free zone company enjoys many advantages. Some of them are:

  • 1No personal income or capital gain taxes
  • 2100% foreign ownership is allowed in free zone business
  • 3No corporate taxes
  • 4No duties on import or export
  • 5100% repatriation of capital and profits
  • 6Modern efficient communications
  • 7Liberal labor laws and no recruitment problems
  • 8Attractive working environment
  • 9Low cost of registration comparatively mainland registration

Free Zone Registration

A free zone is a status quo portion of clearly defined and isolated land or setting, with a special tax, customs and imports regime, that is different from the mainland area (country) usually involving a status of extraterritoriality to facilitate investors/stakeholders conduct the day-to-day businesses by having full control. The main idea of establishing free zones in the UAE was to serve the nation as a central business hub for companies willing to conduct business with the outer world.

Limitations:

  • Free zone registered companies can operate in local market only via local distributors, retailers or wholesalers
  • Free zones have limited business activities, some of the business activities require additional approvals from the concerned authorities in order to supply product/service

Postal Address
Office # 2806, 28th floor, Regal Tower, Business Bay, Dubai, UAE

General Enquires
info@ask-mahesh.com

Business Phone
+971 52 547 0396

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