Dubai Free Zones
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DUBAI FREE ZONES
What is Dubai Free Zones
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Dubai has always been one of the preferred destinations for investors and entrepreneurs wanting to set up a business in the UAE. And with the inception of numerous free zones in Dubai, it has become the global hotspot! These zones stand out due to the benefits they offer to the entrepreneurs.
Whether it is 100% free ownership or tax advantages, entrepreneurs – budding or established ones, who have set foot in free zones have made remarkable strides. Having said that, seeking guidance and support from business setup consultants in Dubai has helped them start their venture smoothly and successfully.
What are Dubai Free Zones or Free Zones in Dubai?
Free zones in Dubai are certain zones, more than 30 each of which has been built to advance a specific industry. These zones are different from rest as entrepreneurs here enjoy several benefits. Unlike businesses in Mainland, foreign nationals with business in free zones get to retain 100% business ownership without the need of a local sponsor. There’s zero personal and corporate income tax which means they can repatriate the profits without any restriction.
Moreover, there are no import and export duties levied and businesses benefit from a simplified company formation process, right from documentation to obtaining visas for themselves, families and their employees. However, the setup process can be overwhelming as one needs to fulfill obligations as laid by the laws to avoid any rejection of applications.
That is where experienced free zone business consultants in Dubai like Corpin Consultants prove helpful. We are a leading Dubai free zone company formation consultant that has helped innumerable businesses establish themselves successfully in Dubai free zones.