In its simplest form, a Free zone is a special Economic zone where business owners have the benefit of remaining 100 per cent owners while enjoying tax breaks. You get to keep all profits earned and reinvest them in your business once you become a business owner. The Freezone in Dubai can make this happen for you.
Reasons Why You Should Start Your Business Setup in Dubai Freezone
Even though there are many visible reasons and benefits for establishing a business venture in any of the prominent Dubai free zones. Here are some detailed reasons why you should switch to a free zone for the sake of your business and profit.
Tax Exemption
In an era where every major country is revamping its tax laws, Dubai offers a tax-free environment, so you can invest your money to maximize profits In an era where every major country is revamping its tax laws, Dubai offers a tax-free environment, so you can invest your money to maximize profits.
Ownership
Under Free zones, you get 100% ownership of your business as opposed to Limited Liability Companies (LLCs), where you as a foreigner have limited ownership rights. The laws in Dubai Free Zones allow for any individual to start a Freezone Company setup in UAE, unlike other business settings which require a local sponsor/promoter.
Ownership and Lease Options
Having assembly and production facilities as well as warehouse facilities is an additional benefit for you. You also have the option to lease a building for 25 years. Contact UBF, Company Formation in UAE to find a good property for lease.
Indulge More Than One Activity
If you want to establish a Dubai company, one advantage you get is that you are not limited to doing only one business-related activity.
Business Confidentiality
Bank Account Rules Relaxation
It is possible to open a bank account in your name in Dubai
Relatively reasonable renewal fees
You Can Wrap Up At Your Own Discretion
There is nothing Freezone in Dubai does not offer when it comes to operating sectors. It boasts world-class infrastructure and modern amenities. Furthermore, with 100% ownership of the business and tax-free income, the possibilities are endless. UBF will help you determine the best location for your business and assist you with the Freezone in Dubai business formation process to ensure that your business venture is as profitable as possible. Get in touch with us to maximize your business output.
Leave a comment