A free zone has always been ideal among the businessmen because of its isolated setting and special tax rules which are different from non-free zones. Free zones are made to gain the attentions of business companies of the world. Today, there are countless free zone companies working with flying colors.
There are numerous benefits of starting business in a free zone including no capital gain and personal income tax, foreign ownership, tremendous support services, best working environment, modern communication, no currency restrictions, liberal labor laws, repatriation of capital, no corporate taxes, no duties on import and export and many more.
Some more facilities provided at free zones places include leasing of lands, factory, pre-built warehouses, favorable cost of living, air, sea and by road transportation, and many more. In short, all the free zones are ideal places by all means to start a business.
There are so many free zones in UAE and each free zone holds its own set of laws. Business categories in the free zones include branch of an offshore company, free zone establishment etc.
You may get more benefits while choosing a free zone for your business if you consider some things like location, infrastructure, prestige, hidden charges and cost of setting.
TTE Gulf Management Consultancy is one of the best consultancy companies in Dubai that have consulted all type of businesses. It is one of the best market research companies in Dubai. We provide the best services for business setup in Dubai. We strive to get you listed in the top companies in Dubai.
