UAE is the second largest Arab economy. And UAEs foreign policy geared towards creating greater commercial opportunities with various partners.
Setting up a company in one of the numerous UAE Free Trade Zones (FTZs) can be an attractive option for foreign investors and businesses alike. Infact All seven Emirates already have and are developing more such economic zones. All because free zones contribute and stimulate the economy by attracting foreign direct investment, generating thousands of jobs, stimulating non-oil exports, encouraging the setting up of ancillary industries, and helping in the transfer of knowledge, expertise and technology to United Arab Emirates.
The exceptions are free zones, where foreign companies can have 100 per cent ownership. The general incentives offered by the UAE Free Zones are more or less the same. All grant up to 100% foreign ownership, complete exemption of taxes from customs & commercial levies, full repatriation of capital & profits, & extended leases. They also have a minimum of red tape & quick approval procedures. Thus, keeping the engine of industrial diversification rolling by attracting a foreign investment in the private sector is central to the region’s overall plan to reduce its economic dependence on oil, while creating employment for its nationals.
The major advantages in operating in a free zone are:
- 100% foreign ownership of the enterprise
- 100% import and export tax exemptions
- 100% repatriation of capital and profits
- No corporate taxes for 15 years, and can be renewed for an additional 15 years
- No personal income taxes
- Less documentation, mostly in English
- Assistance with labour recruitment, and additional support services such as sponsorship and housing.
The UAE has become an important destination for investment and this is
due to the Free Zones. From start to finish Universal Consultants JLT will work with you to handle your free zone company formation.
We give strategic inputs, help you evaluate and select free zones, work with you on your business plan, handle paperwork and documentation
formalities.
Our unique selling point
- Professionally qualified up-to-dated Specialist Consultants
- Dedicated Company Setup Manager
- Loyal Support staff through the full process
- Exclusive agreements with Free zones
- Full detailed costs and logistics plan
- Ingenious Business Setup methods
- One stop destination for Licensing / Residency / Banking / Ministries and all matters
In short, we handle everything you need. We make business incorporation in UAE simple.
For more information, click this link UAE Free Zone company Formation Services
Free Zones Of UAE
Abu Dhabi
- Abu Dhabi Airport Free Zone (ADAFZ)
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- Abu Dhabi Ports Company (ADPC)
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- Khalifa Industrial Zone Abu Dhabi (Kizad)
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- Masdar City
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- twofour54
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- ZonesCorp
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Dubai
- Dubai Airport Freezone (DAFZ)
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- Dubai Auto Zone (DAZ)
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- Dubai Biotechnology & Research Park (DuBiotech)
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- Dubai Cars & Automotive Zone (DUCAMZ)
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- Dubai Flower Centre (DFC)
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- Dubai Gold and Diamond Park (DGDP)
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- Dubai Healthcare City (DHCC)
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- Dubai International Academic City (DIAC)
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- Dubai International Financial Centre (DIFC)
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- Dubai Internet City (DIC)
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- Dubai Knowledge Village (DKV)
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- Dubai Logistics City (DLC)
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- Dubai Maritime City (DMC)
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- Dubai Media City (DMC)
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- Dubai Multi Commodity Centre (DMCC)
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- Dubai Outsource Zone (DOZ)
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- Dubai Silicon Oasis (DSO)
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- Dubai Studio City (DSC)
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- ENPARK
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- International Media Production Zone (IMPZ)
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- Intl. Humanitarian City (IHC)
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- Jebel Ali Free Zone (JAFZA)
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- TechnoPark (TP)
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- Hamriyah Free Zone (HFZ)
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UAE Free Zones 