Freezone Company Setup

Free zone Company Setup

• 100% foreign ownership;
• 100% repatriation of capital and profits;
• No corporate, income, import or export taxes
• Simple and efficient recruitment procedures ensuring the availability of a competitive skilled and experienced workforce;
• A high level of administrative support from the free zone authorities.
• Access to the UAE (United Arab Emirates) and GCC (Gulf Cooperation Council) markets.

WHAT IS A FREEZONE

A free zone is a defined geographical area within each emirate, having its own authority to regulate business within the free zone. The Free zone issues Licenses, Resident Permit/ VISA through the Immigration department, for the companies established within its jurisdiction. A company setup in the free zone benefits from zero duties or taxes, which helps to promote trade, especially the import and export of goods.

Free Zone Authority Issues Trading, Service, Branch or Industrial licenses based on the activity required by the investor on meeting the requirements of the authorities.

If a company wishes to practice more than one of the above-mentioned activities, it must obtain a separate license for each category of activity.

A person or Companies holding Free Zone license is permitted to operate within the Free Zone and outside UAE. However, a free zone company can trade within UAE by appointing a distributor, licensed by the relevant UAE authority. Any company holding a Free Zone license can itself purchase goods or services within the UAE.

Free Zones in UAE

UAE is home to a large number of Free Zones like Jebel Ali Free Zone Authority (JAFZA); Dubai Multi Commodities Centre (DMCC), Dubai World Trade Centre (DWC), Dubai World Trade Centre (DWTC), Dubai Airport Free Zone Authority (DAFZA), Dubai Healthcare City (DHCC), Ras Al Khaimah Economic Zone (RAKEZ), Khalifa Industrial Zone Abu Dhabi (KIZAD), MASDAR CITY, TWOFOUR54, Umm Al Quwain Free Zone, Hamriyah Free Zone, SAIF Zone, Sharjah Media City Free Zone(SHAMS), Fujairah Free Zone, Creative City(Fujairah Media Free Zone), Ajman Free Zone, Ajman Media City Free Zone to name a few and also Financial Free Zones namely Dubai International Financial Centre(DIFC) and Abu Dhabi Global Market (ADGM).

Setting up your own business in any of the free zones is made easy by one of our specialist consultants dealing with the respective free zone.

 For more information about company formation in the UAE free zones, please call us on +971 4 3419701, send an email to info@adamglobal.com, or click here to contact us