That’s why we are giving you an ultimate guide to help you choose the right Freeze for your business in the UAE. For instance, if your business will require you to meet up with clients or hire employees, then it is mandatory to have an office space in a separate physical location.
Each employee working in your company in the UAE will require Residence Visas. A shared desk provides a limited number of visas and generally differs depending on the Freeze.
When you want to register a business in the UAE, you need to deposit a share capital amount. So, you need to choose a Freeze you are interested in setting up your business and find out the minimum share capital amount you would be required to pay.
Also, an engineering college student with immense interest in science and technology. Other interests include literature, coin collecting, gardening and photography.
Related Posts Ride sharing Giant Faces Regulatory Disputes in the UAE Free trade zones are areas in the United Arab Emirates (UAE) that have a special tax, customs and imports regime.
There are several UAE free zones across Dubai, Abu Dhabi, Shariah, Funereal, Amman, Ra's all Khadijah (RAN) and Umm Al Kuwait. Each free zone in the UAE cater to a specific type of business category.
Business owners who want full ownership can choose a license and location in one of the many free zones in the UAE. These areas were created to encourage foreign investors with easier start-up process, labor and immigration procedures.
An independent Freeze Authority (FFA) governs each free zone and is responsible for issuing FT operating licenses and assisting companies with establishing their business in the FT. 100% foreign ownership of the enterprise 100% import and export tax exemptions 100% repatriation of capital and profits Corporate tax exemptions for up to 50 years No personal income taxes Assistance with labor recruitment, and additional support services, such as sponsorship and housing.
It is a limited liability company governed by the rules and regulations of the Freeze in which it is established. The provisions of the Commercial Companies Law (CCL) do not apply to Fees, except for acquiring nationality in the UAE.
The UAE offers a lot of opportunities for foreign investors. However, investors need to know the basic rules in setting up a business in Dubai to avoid problems.
You must check with respective authorities for business permitted on their premises. Generally, free zones require minimum paperwork and duration.
Twofour54 Abu Dhabi doesn’t give minimum capital requirement You can form an LLC for which the minimum paid-up capital should be AED 150,000 in KiCad You can form an FM Co. with a minimum share capital of 1000 AED in Dubai Airport Free Zone. A trade name should be chosen while choosing the type of legal entity for your business.
Branding Agency Post Production (e.g. Film, TV, editing services) Professional Association (e.g. non-profit) Public Relations Events/Festivals Marketing Communications Media content management (e.g. digital archiving) Rights Management Exhibitions/Conferences Information Services (e.g. media related market research) Training (media related) Similarly, you can choose from over 600 business activities ranging from over 20 sectors such as energy, commodities, gold and diamonds, technology, constructions, FMCG, healthcare, aviation, shipping, education, media, professional services, financial services and personal and community services in DCC.
Financial businesses include banks, insurance, wealth management and capital markets. Non-financial businesses include retail shops, restaurants, five-star hotels, art galleries and academic institutions.
m. Offices running through multiple floors totaling up to 2,000 sq. Meanwhile, Mariyah Freeze Authority provides over 100 executive offices suits ranging in size from 15 m2 to 42 m2 with conferencing and internet facilities.
It’s additionally the solitary free zone that offers freehold choices, and has a helpful focal area, directly in the core of Dubai’s Jumeirah Lakes Towers locale. Innovative City Funereal is the ideal alternative for organizations working in media, occasions, distributing, showcasing or interchanges.
The government of Dubai is committed to support and nurture businesses, which eventually attracts entrepreneurs. List of free zones in the UAE are another primary reason to have your business setup here.
They were set up to offer benefits like 100% foreign company ownership and, thus, boost international business in the region. Free zones in UAE list provide a lot of benefits and facilities to the businesses.
Privacy- conscious entrepreneurs find the free zones in the UAE quite reliable due to no open directory of company ownership. If you are wondering which free zone to choose in the Dubai area only, then we have listed the top 10 for you to check out.
It is located next to the Dubai International Airport, which helps in the fast processing of paperwork and rapid clearance. It offers total ownership, world-class infrastructure, full repatriation of earnings, business-friendly environment and tax exemptions.
This free zone Dubai airport will help you to determine your business formation type and acquire the service or trade license. After the establishment of your company, it will offer leasing options in fully serviced industrial units and offices.
Dubai Healthcare City (DCC) free zone is a destination of health and wellness. It has about 160 clinical partners which include diagnostic laboratories, outpatient medical centers, and hospitals.
Dubai Internet City (DIC) provides a knowledge economy ecosystem designed to support the business development of ICT (information and communications technology) firms. DIC has developed an ecosystem for technology organizations by carrying forward the vision of transitioning Dubai into a knowledge-based economy.
It is home to the most recognized and prestigious global ICT companies such as Microsoft, HP, Dell, IBM, Logic, Schlumberger, Siemens, Cisco, Sony Ericsson, and Canon. It provides 100 % foreign ownership, a 50-year exemption on income, corporate and personal taxes, metro Ethernet environment, the dynamic international community as well as digital voice and high-speed data services.
It has a global reputation for maintaining international standards along with business and employment creation. The legal, regulatory, and physical infrastructure of DISC fulfills all the requirements of the financial and professional services community.
The companies operating within the tech park of Silicon Oasis are offered a free trade zone in Dubai related incentives. It has been landscaped with children’s play areas, green parks and interconnected courtyards along with a fully completed road network and 24-hour security.
International Media Production Zone (IMP) caters exclusively to companies in publishing, packaging and graphic arts industries. It provides an environment of growth by forming a unique free zone in Dubai that incorporates community service, residential, industrial and commercial projects.
IMP has been created to fulfill Dubai’s vision of developing itself into a global media hub. For fostering and supporting the growth of media production, it provides sophisticated technology, community infrastructure, and a pro-business environment.
As a result, it serves as a strategic platform for the growth and expansion of aviation, logistics and light industries. Check out Dubai Studio City (DSC) as it makes possible to shoot a film from its very beginning to the end in one single location.
It provides cutting-edge services and facilities and to companies across the sectors of entertainment, film production, TV, broadcasting and music. DSC offers 100% business ownership, a 50-year exemption from corporate, income and personal taxes, lower operating costs and no customer’s duty.
The community area of DSC has schools, residential buildings, leisure centers, training institutes and hotels. This list of free zones in the UAE will be helpful for you if you are looking to start a new venture in Dubai.
Abu Dhabi Global Market (ADAM) provides access to the growth opportunities emanating from South Asia (MESA) region, Africa, UAE, Abu Dhabi, UAE, and the wider Middle East. The Registration bureau, courts, and the financial services regulator are the 3 independent authorities of ADAM.
Address : ADAM Square, Al Mary ah Island, PO Box 111999, Abu Dhabi, UAE Abu Dhabi Ports Company (ADC) facilitates the diversification of the national economy as well as enables development and trade.
ADC supports logistics, tourism, leisure activities, fishing, and local industries. This free zone in Dubai and the UAE area is the reason behind Abu Dhabi’s broad-based economic future.
It provides easy and quick registration and licensing, tax incentives and premium services. TwoFour54 aims to stimulate professional and creative partnerships by creating a supportive and collaborative campus community.
It provides business support services for media forms, office space, talent development initiatives and production facilities. About 450 companies of the creative industries are encompassed by this free zone of Dubai and UAE region.
Khalifa Industrial Zone Abu Dhabi (KiCad) provides business solutions that are ideal for trade, manufacturing, distribution, and logistics. The industrial zone value and strategic joint port proposition help in the transportation and manufacturing sectors effectively.
Creative City offers professional assistance along with customized business and service packages for its clients. It provides 100% ownership, flexible business packages, international lease and complete support services.
With its strategic location, the Ra's all Khadijah economic zone (RAKE) connects investors to the markets of Europe, South and Central Asia, the Middle East and North Africa. This free zone of Dubai and UAE would help a startup or a business to gain investments from potential investors of the mentioned regions.
It offers 100% ownership & profit repatriation, cost-effective Flex facilities, industrial land and cost-effective warehouses. Being the latest free zone in Dubai and UAE, Shariah Media City focuses on media-related licenses.
Shariah Airport International Freeze (SAID) provides an unlimited workforce to support businesses and makes the transition to a new workplace smoother. It provides SAID zone labor accommodation, 100% foreign ownership, an exemption for corporate and personal taxes, land on lease, temporary warehouses, offices and industrial park.
No doubt, this free zone is ideal for those won’t have the options to choose free zones in the UAE. Amman Freeze provides an excellent environment for investment capital for businesses and startups.
It provides unlimited usage of Flex desk, warehouses and seaport within its trade zone, fast registration as well as multiple installments plans. It offers 100% foreign ownership, exemption from import and export duties, easy access to low-cost labor, exemption from personal income tax as well as competitive prices on facility usage, leasing and power.
JAF ZA offers seamless visa processing, warehouses, retail units, offices, staff accommodation. Umm, Al! Kuwait Freeze ensures easy access to the rest of the world as it is situated close to the primary seaports of the UAE.
It offers Customer-friendly approach, excellent growth opportunities, investor-friendly climate as well as ease and flexibility of doing business. It provides 100% company ownership, 100% repatriation of profits and capital, 100% exemption on import and export taxes, fast registration process, warehouse and office.