Establishing a company in the free zone
Establishing a company in the free zone is a great opportunity for companies looking to take advantage of tax breaks and increased flexibility. Free zones are usually located in strategic locations, often close to major business centers, airports, and seaports, providing companies with easy access to the global market.
Companies looking to incorporate in The free zone should consider the type of business activity they intend to undertake and ensure that the relevant business activities are permitted by the respective free zone authority. Once the type of activity is confirmed, companies must register with the Free Zone Authority.
Regulations for establishing a company in the free zone
Constant review of the business and corporate laws is one of your duties as a business owner in the UAE, to be aware of developments and to avoid any situations that may adversely affect your organization. Among those regulations:
– Regulations governing the practical activity.
– Consumer rights systems.
– Intellectual property rights and systems that protect your rights, the rights of employees and workers in your organization, and economic rights in the various emirates of the country.
– Health, environment, and safety systems.
– Free zone systems or specialized economic zones.
Why should you open a company in the free zone?
The United Arab Emirates has announced that companies that are established in free zones within the country’s borders enjoy special treatment. It differs from companies that are established in any other area within the borders of the territory of the United Arab Emirates. The free zone has many advantages that make it different from other places, as it is characterized by: Tax exemption on all goods and companies established in it. Exemption of goods from customs duties, which makes the price of all things lower than in other regions. Ease of company incorporation procedures.
Investment areas in the free zone
The UAE includes many specialized economic and industrial free zones. Among the most famous of these areas, for example, but not limited to, is the Jebel Ali region in the Emirate of Dubai, which is considered a global center thanks to its central location between East and West, and for being a stopping point for navigation for the global trade movement. In addition to the Khalifa Industrial City (Kizad) in the Emirate of Abu Dhabi, which is one of the most prominent industrial cities in the world, and a center for industry, logistics, and trade. Thanks to its wide area and strategic methodology in planning, and many other industrial zones in the rest of the United Arab Emirates, bearing in mind that the Higher Corporation for Specialized Economic Zones is the largest operator of free zones in the Emirates.
Tdabeer helps you in the success of your investment
At Tdabeer we help all our clients to move towards success, make the right investment, and provide professional and reliable advice on the cost of establishing a successful company by all standards and provide cost-effective solutions that fit their specific needs and budget