Other Freezone

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    Other Feezone

    Other Feezone

    The UAE has set up multiple Free Zones in the various emirates, each designed for specific business activity. These Free Zones offer lucrative facilities to non-resident corporates, like the convenience of single-window administration, no bureaucratic red tape, and 100% ownership. in their focus, setup costs and paperwork needed, but the basic requirements are the same.
    The main attractions of establishing an entity in one of the UAE’s Free Zones is that there are no foreign ownership restrictions and companies are governed by an independent Free Zone Authority (FZA), which is responsible for issuing operating licences and regulating the activities of companies within the Free Zone.

    Advantages of setting up a business in a UAE Free Zone

    • The main advantage offered by the UAE Free Zones is that foreign investors can retain 100% ownership of their businesses without the need for a local partner.
    • Outside of the Free Zones, non-UAE residents are not allowed a majority stake in the business if that business requires a commercial or industrial licence and must therefore set up with a local partner who takes minimum ownership of 51%.
    • Other financial incentives of the UAE Free Zones include a 0% corporate and income tax rate, no customs duties levied on imports and exports, and the option to repatriate 100% of the profits from the business.
    • Another factor that can present fantastic opportunities to Free Zone companies is that many of the UAE Free Zone are sector specific. This gives its entrepreneurs ready access to a hub of knowledge and expertise from others within their field.
    • Company set up in Free Zones is not subject to the commercial company’s law as these Free Zones are outside the jurisdiction of the UAE and have rules and regulation set by concerned Free Zone Authorities.
    • Free Zones offer an excellent business opportunity for investors from all around the world and provide a liberal working environment and easy company setup procedures.

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    Types Of Other Free zones

    Umm Al Quwain Free Trade Zone
    Umm Al Quwain Free Trade Zone

    Umm Al Quwain Free Trade Zone (UAQ FTZ) is in Umm Al Quwain, a friendly, advanced and successful emirate with modern infrastructure.

    Ras Al Khaimah Free Trade Zone (RAKEZ)
    Ras Al Khaimah Free Trade Zone (RAKEZ)

    RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ) lies in the city of Ras Al Khaimah – one of the seven emirates in the UAE and less than an hour’s drive from Dubai

    International Free Trade Zone Authority - Fujairah
    International Free Trade Zone Authority - Fujairah

    Port of Fujairah, International Free Zone Authority (IFZA) is set to quickly become a leading investment hub within the thriving UAE economy.

    Sharjah Airport International Free Zone
    Sharjah Airport International Free Zone

    Sharjah Airport International Free Zone (SAIF-Zone) is one of the best alternatives for commercial enterprises in the UAE and abroad.

    Ajman Free Zone
    Ajman Free Zone

    Ajman Free Zone is conveniently located for both markets, eastern and western. It is situated near the port of Ajman.

    Types Of Companies

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    Why To Start A Company

    Why To Start A Company

    • No taxes;
    • The state policy aimed to business development;
    • Cheap energy;
    • Fast procedure for registration of a company;
    • Highly developed economy;
    • Political stability;
    • Well-developed infrastructure;
    • The advantageous geographical location

    How To Start A Company

    How To Start A Company

    • Decide the business activity
    • Determine the license type
    • Determine other infrastructural factors like warehouse, transportation etc.
    • Decide the Company structure
    • Complete the Application Form (Form attached)
    • Obtain the Trade License your Company
    • Get Residency Visa on the Company

    Documents Needed

    Documents Needed

    • Passport copy
    • UAE entry stamp/visa copy
    • Personal details like Phone number & Email address
    • Address proof like utility bill
    • NOC from the existing sponsor in case already having UAE Visa.
    • Additional information may be required.
    • Personal presence not required.

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