The United Arab Emirates freezones attract international investors because of their modern facilities and success opportunities. You can set up your business here and get dozens of advantages including streamline licensing procedure, global trading opportunities and much more.
In this article, we’ll discuss each benefit of developing your company in freezones. All you need to do is, stay with this page and let’s dive right into this.
Simplified Licensing Procedure
Establishing your business in a freezone is super easy. You need to prepare your documents and submit your business plan after choosing the right business structure to the particular freezone authorities. The documents include your identity certificate (copies of your original passport), your postal address and a professional application.
The authorities will check your application and give you the license to operate your business. Keep in mind that the freezone business license has a limitation that you can’t conduct direct business with the mainland. You can deal with other freezone businesses or trade internationally.
100% Foreign Ownership
Unlike mainland business setup where you need a local sponsor, freezone business setup allows 100% foreign ownership. The government allows foreigners to invest in the zone, establish branches or representative offices and hold the complete operations. Undoubtedly, these are the modern facilities of the freezones attracting international investors.
Pay attention – Complete ownership means you are all in the company. You can make all the decisions on your own and even repatriate the full percentage of your annual profits without any hassle.
Zero Corporate Tax
There are no corporate taxes when you establish a company in freezones. In fact, the authority to repatriate the complete profits is also in your hands. Isn’t it the handy feature making freezones a best choice to establish business?
You can get updated information about this particular benefit by connecting with Smart Ezone. Our expert representatives are always there to listen to your queries and serve your needs.
International Trading Opportunities
Freezone businesses can easily access international markets and conduct deals with other countries and subcontinents. The procedure of exporting goods for these businesses is also simplified and cost-effective. This is how such businesses develop networking with global suppliers and boost their international presence.
Advanced Facilities
Freezones provides advanced facilities to the businesses such as high speed internet, modern offices and latest technologies. This is to help companies focus on their operations in a mannered way and streamline their procedures. Meanwhile, the businesses have resources to utilize and grow.
Final Verdict
That was all about forming your business in UAE freezones. You can read all the associated advantages above and contact Smart Ezone in case of any confusion. Our representatives are always there to listen to your queries.
Now, we’d like to hear from you. Leave your kind opinions quickly inside the comment box below and contact us in case of any queries.
