United Arab Emirates is a union of seven emirates, All emirates have their own business governing body to manage and control the business registry. Each emirates has established various free zone authorities, to make the doing business ease for new investors. In this article we will discuss best free zone authorities in all emirates.
The UAE has over 45 different Free Zones to choose from, each with different setup costs, permitted business activities, facilities options, and share capital requirements.
This is why we are here to help you save time and money by recommending the right Free Zone, based on business targets, visa and office requirements, as well as your investment budget.
In order to facilitate the growth of your business, experts at My Business Consulting DMCC’s always carefully consider all factors and recommend the best place to register your business in the UAE.
Benefits of Free Zone Company Formation.
Establishing a company in one of the UAE’s Free Zones offers numerous advantages, making it an attractive option for many businesses. Here are some of the key benefits:
- 1. Tax Advantages
Zero Corporate Tax: Companies in Designated Free Zones enjoy a 0% corporate tax rate, for limited category only.
No Personal Income Tax: There is no personal income tax on earnings for individuals. - 2. Full Foreign Ownership
100% Ownership: Unlike mainland companies, Free Zone businesses can be wholly owned by foreign investors without the need for a local partner. - 3. Customs and Import Duty Exemptions
Duty-Free: Companies benefit from exemptions on import and export duties within the Free Zones. - 4. Strategic Location
Global Connectivity: The UAE’s strategic location offers easy access to major markets in the Middle East, Africa, Europe, and Asia. - 5. Sector-Specific Zones
Tailored Environments: Many Free Zones cater to specific industries, such as technology, media, healthcare, and logistics, providing a supportive environment for niche businesses.