Freezone Incorporation

A company in any free zone can be established either as a free zone establishment (FZE), Free Zone Company (FZCO) or a branch of the foreign company. Such companies can be owned 100% by foreign investor with no involvement of local partner or sponsor.

Some activities may require prior approval from the competent authority depending on the products activity you require. Free Zones offer the following incentives to the investors. Some of the salient features are:

Free Zone Company are business that 100% owned by the person who set it up. You don’t require a sponsor or an agent to act as liaison to manage the venture. There is no restriction tying you down.

Dubai Free Zones Benefits:
1. 100% foreign ownership
2. No corporate taxation for 50 years; renewable for an additional 50 years
3. Freedom to repatriate capital and income
4. No personal income tax
5. Full exemption from import duties
6. No currency restrictions
7. No bureaucratic red-tapism
8. No recruitment problems
9. Modern efficient communication
10. State of the art infrastructure
11. Abundant energy
12. Facility to own the properties
13. Duty free goods importing into the free zones
14. Allowed to open bank accounts in dubai
15. Can wind up business at your discretion

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