Freezone Company Formation

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Freezone Company Formation
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Freezones in dubai

• Free Zones in Dubai are special economic zones
  offering tax free
• business 100 owned by the person who set it up.
• You dont require a sponsor or an agent to act as
  liaison to manage the venture. There is no
  restriction tying you down.
• free customs duty benefits to expatriate
  investors.

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Key benefits

• 100 Foreign Ownership (no local partner or
  sponsor required)
• No corporate tax for 50 years and can be
  renewable for an additional 50 years
• Duty free goods importing into the free zones
• Easy recruitment procedures, work permits and
  Visas
• Facility to own the properties
• Renewal fees are moderate
• Business confidentiality is strictly maintained
• Allowed to open bank account in Dubai
• No restriction for doing more than one activity
• Can wind up business at your discretion

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Types of company registered

• Free Zone Establishment (FZE) 
• This type of company can be registered with one
  individual or corporate shareholder.
• Free Zone Company (FZCO) 
• This type of company can be registered with 2 or
  more shareholders. Shareholders can be either
  individuals or corporate companies

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Types of license

• Trading License This type of license allows
  company to carry out trading activities like
  buying, import export and selling of limited
  number of goods and commodities.
• General Trading License This type of license
  will allow company to deal with trading of all
  types of goods with some exemption on banned
  goods and products that need special approvals.
• Service License This type of license is issued
  to companies which deal with consultancy,
  accountancy, etc. services.
• Industrial License This type of license allows
  the company to carryout manufacturing, packaging
  and processing in Dubai freezone.

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Requirements

• A free zone company must have a trade license in
  the activity of its intended business. This
  license must be renewed every year.
• It must have an office in its own name in the
  Free Zone rented and to be renewed every year.
• It must have a Manager authorized to act as the
  legal representative of the company.
• It must have at least one shareholder and the
  mandated share capital.
• It must not trade outside the free zone without a
  local distributor.

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Freezones in UAE

• Dubai Airport Free Zone
• Dubai Internet City
• Dubai Media City
• Dubai Metal and Commodities Center
• Dubai Investment Park ( only through JAFZA )
• Dubai Silicon Oasis
• Jebel Ali Free Zone
• Hamriyah Free Zone in Sharjah
• Sharjah Airport International Free Zone
• Ajman Free Zone Authority
• RAKIA Free Zone in Ras Al Khaimah
• Ras Al Khaimah Free Trade Zone
• Fujairah Free Zone

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Floor, 104Sheikh Zayed RoadDubai, UAE Mobile 
 971 55 6070 118Telephone  [phone]
227 Emailinfo_at_businesslinkuae.com
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