UAE Freezone Advantages To Global Investors
Being a strategic business base with modern infrastructure and investor-friendly rules, the UAE free zone offers several advantages. Emirati free zones welcome a wide range of business activities such as logistics, import/export, travel, eCommerce, media and marketing, etc. This blog will shed light on the advantages of UAE free zone business set up for global investors.
100% company ownership
One of the biggest benefits of UAE free zone business formation is 100 percent company ownership.
No currency regulations
The UAE free zone seems to be an excellent location for setting up companies due to zero currency restrictions. In free trade zones, financial transactions are much easier as it does not impose regulations on currency exchange.
Import and export duty exemption
The UAE free trade zones are luckily exempted from import and export duty charges.
0% corporate and personal tax
With regards to tax, UAE free zone companies are excluded from paying personal and corporate taxes.
Repatriation benefits
The UAE free zone company set up is eligible for 100 percent capital and profit repatriation.
Smooth labour recruitment
Free zones companies are eligible for recruiting both local and foreign nationals. Hence, the labour recruitment process in free trade zone companies is smooth and cost-effective.
Readily available workspace
When it comes to setting up startups and SMEs, UAE free trade zones seem to be a perfect business destination. Readily available warehouses and office spaces in UAE make it a favorite business setup destination for global investors.
Ease of company incorporation
Business formation in UAE-free zones is hassle-free compared to any other locations in the world. The fast, simple and straightforward company incorporation procedure of UAE free trade zones attract global investors on a large scale.
Close to two international airports and major seaports
Being close to international airports and major seaports, UAE free trade zone serves as the perfect location for setting up a business in the UAE.
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