BusinessDecember 20, 2017by TTE GulfSetting up a Business in Freezone

UAE is a hub of Middle East and it is good place to do business. UAE especially in Dubai fast-moving place with a diverse and multi culture people. There are two options for business setup in UAE: in Mainland or in Free zone.

A Free Zone Company is governed by the rules and regulations of the Free Trade Zone where it is registered. If you will use the company for carrying out business activities outside the FTZ, it will be subject to the UAE Commercial Companies Law as well as the licensing procedure and other requirements of the respective Emirate. Setting up a business in UAE free zone enjoy some of the advantages such as:

  • 100% foreign ownership is allowed in free zone business with no requirement of local sponsor or local service agent;
  • 100% repatriation of capital and profits;
  • Modern efficient communications;
  • Liberal labor laws and no recruitment problems;
  • Attractive working environment;
  • Excellent support services;
  • provision of the residence visas for all the members of the management board, shareholders and company employees.
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