Free Zone Company Formation in Dubai
Free Zone company incorporation in UAE
Free Zone Companies in UAE
The UAE is home to over 40 free zones, with that number expected to rise over the next few years. As the UAE is an established international business hub, it is an extremely attractive option for company incorporation. Each of the established free zones has been set up for a specific type of commerce, so depending on the nature of your business, you will only be offered a license for your corresponding free zone.
A free zone company is not an offshore company; however, there are a number of similarities, on top of the ability to have 100% foreign ownership of your business if it is incorporated within a free zone. Due to the number of free zones in the UAE now, the majority of companies elect to use Alpha Citizen to make the process quick, easy and completely transparent.
Benefits of Free Zone Companies
Companies incorporated within free zones in the UAE benefit from excellent incentives and operational autonomy, as well a high level of anonymity and a quick and easy process through Alpha Citizen.
Companies incorporating within the UAE benefit from 0% corporate and personal income tax within the UAE. This also includes benefiting from the double taxation avoidance agreement. In addition, it is possible to obtain 3-year residency visas for investors, staff and family members.
In UAE free zones, you can maintain 100% foreign ownership, so there is no need for a local partner or sponsor. You can also repatriate 100% of both capital and profits, with complete autonomy to liquidate your company at any time. And as there are no restrictions on currencies, movement of funds is extremely easy.
Companies incorporating in free zones benefit from extremely good energy costs. There are also excellent support services on hand, with serviced desks for smaller enterprises and new start-ups. In addition, document clearance is fast-tracked, meaning fewer delays in business operations.
Companies can carry out a wide range of activities. This includes international business and import / export. You can hold properties and have complete freedom to open a bank account within the UAE.
- 0% TAX
- Free zone companies benefit from a 0% tax rate .
- DOUBLE TAX AVOIDANCE
- 0% tax rate applies in country of origin and within the free zone.
- 100% FOREIGN OWNERSHIP
- No sponsor or partner necessary.
- NO RESTRICTIONS ON CURRENCIES
- Money can be easily moved in and out of your business, with no limitations.
- LOW ENERGY COSTS
- Energy is cheap and abundant.
- EXCELLENT SUPPORT SERVICES
- Serviced desks and fast document clearance.
- WIDE RANGE OF ACTIVITIES
- International business and import / export included.
- FREEDOM TO HOLD PROPERTIES
- Property holding is also made easy by allowing UAE-based bank accounts.
FREE E-BOOK: INCORPORATE YOUR FREE ZONE COMPANY IN THE UAE
Explore 0% taxation and other benefits of the United Arab Emirates!
Which Free Zones We Use in the UAE
We use several different free zones in the UAE; all of which have their individual advantages.
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DMCC
Dubai Multi Commodities Centre
This is the most prestigious free zone in Dubai. It is excellent for companies focusing on trading and consultancy and follows the same licensing as the Department of Economic Development.
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UAQ FTZ
Umm Al Quwain Free Zone
This free zone is very well-located, being less than an hour from Dubai International Airport. Umm Al Quwain is good for investors and new and small-to-medium businesses, especially as the set-up costs are very low.
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RAKIA
Ras Al Khaimah Investment Authority
RAKIA is a free zone for trading, industrial and service-focused businesses. It provides a particularly stable regulatory environment that makes it ideal for new company formation.