Free zone company
What is a Free Zone?
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Free Zone clusters are located close to airports, seaports and major highways in Dubai. Businesses can choose from a variety of real estate options customized to meet their organizational needs and benefit from a robust telecommunications infrastructure.
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The free zone allows companies to effectively plan their growth and innovation strategies by providing a sound and transparent regulatory environment. This helps make it easier to do business through the provision of streamlined one-stop services such as work licenses and visas.
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Dubai is strategically located between developed markets in Europe and emerging markets in Africa, South and Central Asia and the Middle East.
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The Free Zone company can be registered with or without a registered office. The company must be registered with the Chamber of Commerce and must obtain an import and export code to facilitate imports and exports. After one year of company incorporation, a certificate of tax residency can be obtained from the UAE. Investors can take advantage of the Double Taxation Avoidance Agreement (DTAA) and save taxes in their home country.
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Also, a free zone corporate bank account can be opened at any bank in the UAE with an active online banking facility, debit card, credit card, checkbook and other facilities commercial.
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Depending on the activity carried out, you can choose the free zone that suits you the most. Among the best free zones in Dubai are:
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IFZA at Dubai Silicon Oasis (DSO)
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IFZA is considered one of the best places to set up a business in the UAE given its advantages, such as the strategic location that allows access to major shipping routes, ports and airports around the world. Quick, simple and simplified procedures for setting up a business are an added attraction.
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Companies registered with IFZA are now allowed to operate from DSOs, making it easier to set up a business in Dubai's free zones. The IFZA-DSO agreement is a gateway for businesses to benefit from the latter's robust infrastructure, modern facilities and the opportunities it offers to local, regional and global industries.
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Employment laws and licensing regulations in each free zone are different. The difference will reflect on processes such as visa approvals.
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Dubai Airport Free Zone (DAFZA)
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Dubai Airport Free Zone is one of the fastest growing free zones in the Middle East region and offers incredible incentives for investors. The Dubai Airport Free Zone, like all UAE Free Zones in Dubai, offers several advantages over locations outside the Free Zones.
DAFZA is one of Dubai's most prestigious and advanced free zones, providing an ideal base for doing business in the Middle East by offering a business-friendly environment, world-class infrastructure, tax exemptions, repatriation full of income, total ownership and exceptional facilities.
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Strategically located next to Dubai International Airport, DAFZA benefits from fast customs clearance and fast document processing to maximize business activity and efficiency.
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Dubai Multi Commodity Center
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DMCC - located at Jumeirah Lakes Towers and designed for commerce, DMCC has everything to start, and grow your business. Three times crowned 'Global Free Zone of the Year' by the Financial Times magazine, DMCC is home to a vibrant community, innovative infrastructure, world-class services and an astonishing array of properties, just minutes from excellent air, sea and and roads to the world.
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Dubai South
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Dubai South Free Zone (previously known as Dubai World Central) is currently under construction, which will serve as an economic zone to support a number of activities including logistics, aviation, trade, exhibition, l humanitarian, residential and other related businesses around Al-Maktoum International Airport. Dubai South has a planned annual capacity of 12 million tonnes of cargo and 160 million passengers. The construction area is 145 square kilometers, nearly twice the size of Hong Kong Island.
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Setting up a business in the UAE Free Zone is the most convenient method to promote business in the region.
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