Thursday 2 August 2018

UAE free zone company formation

If you want to have 100 per cent ownership of your company, regardless of type of business, you need to opt for a license and location in one of the many free zones of UAE.
They are designed to encourage foreign investment with easier start-up processes, labor and immigration procedures, 100 per cent ownership for all nationalities and other legal services. Each free zone has its own authority and its own rules, which are applicable to investors looking to set up firm in those zones.
Advantages of free zone company formation
·         Allows 100 per cent foreign national ownership of firm with no requirement of local sponsor or local service agent.
·         Waiver of corporate taxes (time-bound and renewable for further periods).
·         Meydan free zone offers Exemption from personal taxes as well as import and export taxes.
·         100 per cent repatriation of revenue and profits.
·         Documentation is less and more suited to foreign investors.
·         Long-term leasing options (up to 25 years) available at great terms to investors.
·         Recruitment and workforce processes are simplified, faster and cheaper.
·         Easy availability of legal, housing, immigration, labor and other facilities.
·         Incorporation is faster than when done outside free zones
·         100 per cent free transfer of funds
Blessed with a strategic location, RAKEZ connects investors to growing markets of the Middle East, North Africa, Europe as well as South and Central Asia.
RAKEZ is the continuation of the story that started with the foundation of RAK free zone company setup in 2000 and the establishment of RAK Investment Authority in 2005.It is the preferred business destination of more than 13,000 multinational companies from over 100 countries representing above 50 sectors.
Fujairah Free Zone Company
The Fujairah Free Zone company formation is by far the most flexible and easy to set up. Whenever the business activity fits, we always recommend this free zone to our clients. This Free Zone is one of the fastest to set up your business and requires the least amount of paper work.
 
Moreover, with their low annual fees they offer on of the cheapest solutions for those who wish to have a visa. This is really the best free zone in the UAE to work with. But can you also set up a company like this?
The Fujairah Free Zone Company is perfect for international consultants like business consultants, management’s consultants and lifestyle consultants.
Other activities that the Umm Al Quwain Free Zone is good for: Internet entrepreneurs, designers, music and entertainment industry, e-commerce, event managers, writers, publishers, online marketing, advertisers, online trainers and many more.
Trading or manufacturing companies cannot use the Fujairah Free Zone.
Dubai Silicon Oasis Free Zone company formation was established by the Government of Dubai in 2004, and is one-of-its-kind Free Zone reputed for world-class innovation, design, and development in the field of photovoltaic, nanotechnology, electronics optoelectronic technology, and supporting industries providing equipment and materials for the production of information and communications technologies using semiconductors. It is the only technology park in the UAE to provide integrated living and working community.
Dubai Design District free zone as a global and collaborative initiative to facilitate and promote modern technology-based industries in the Middle East, and provide the world’s best business climate to the entire electronics value chain in the form of highly educated personnel and access to shared capital.
Ajman Free Zone Company
Ajman free zone company setup is comparable to Fujairah Free Zone in price and ease of set-up. The zone is located close to Dubai, providing you with the option to rent an office space, and manufacturing or storage facilities. Its port makes it ideal for trading.
This DWC Free Zone is ideal to use when you have a trading or manufacturing business.
Moreover, their annual fees are amongst the cheapest in the UAE and they offer the cheapest general trading license in the entire UAE.
This Free Zone also can be a fast way to set up your business and requires a minimum amount of paperwork. It does require the shareholder or a power of attorney holder to visit the office of the free zone (in Dubai) during incorporation.
Hamariyah Free Zone Company Formation
Hamriyah free zone (HFZ) was established by an Emiri decree issued in November 12, 1995. Almost any activity is permitted by HFZ as long as the activity is environmentally friendly and in accordance with local rules. Though it is preferred, companies do not have to add value to their products. Investors can ship goods in and out of HFZ without necessarily adding any value at all.
  • Investigate the type and capacity of the client enterprise
  • Strategize allocation of financial allowance
  • Verify permit requirements
  • Appraise and arrange for apt work stations
  • Identify, organize and manage products, systems and software
  • Identify the right legal structure and authority as per requirements
  • Documentation, preparation of business plan, financial forecast etc...
  • Renewal of company
  • Engage certified auditors & lawyers as per requirements
You can start your corporation from any part of the world in Sharjah airport free zone. You don’t need to be existent in the UAE at the time of Shams free zone Company formation This creates gives you the power to control your company from any part of the world.