UAE list down multiple gateway to free zones that allows investors to operate their respective business. Free zone strengthens every individual to have his/ her 100% ownership to there business entity.
One of the most significant advantages is that foreigners can own 100% of their businesses in the Freezones without the need for a local partner.
Companies operating within Dubai Freezones often enjoy tax exemptions for a certain period, which can vary depending on the Freezone.
Freezone companies are typically exempt from customs duties for goods imported and exported through the Freezone.
Setting up a business in a Dubai Freezone is relatively quick and straightforward compared to other jurisdictions. The Freezone authorities usually provide streamlined processes for registration and licensing.
Freezone companies can repatriate all capital and profits without any restrictions.
Freezones often offer state-of-the-art infrastructure, including office spaces, warehouses, and logistics facilities, which can be beneficial for various types of businesses.
Being part of a Freezone ecosystem provides access to networking opportunities with other businesses within the Freezone, potentially leading to collaborations and partnerships.
Dubai attracts talent from around the world, and Freezones often benefit from this pool of skilled workers, making it easier for businesses to find the talent they need.
Freezone companies are typically not subject to currency exchange controls, allowing them to deal in any currency freely.
Freezone licenses often allow businesses to engage in a wide range of activities without the need for additional approvals, providing flexibility for diversification or expansion.