Free Zone Company Formation
UAE Free Zones are special economic zones where goods and services are traded at a very low or “preferential” tax and customs rate. The ‘Free Zone’ was set up to boost international business and offer benefits such as 100% foreign ownership. Every free zone in the UAE has a governing authority or free zone authority. For business setup, you need to obtain a license from that respective free zone authority by submitting a few legal documents. The UAE has around 45 Free Zones that enable diverse business operations across a variety of industries. Listed below are a few benefits of setting up your business in free zones:
- Simple and quick set up
- 100% foreign ownership permitted
- 100% repatriation of capital and profit permitted
- No corporate or income tax
- No import and export tax
- Many designated Free Zones are VAT-exempt
- Easy incorporation and licensing procedures
- Systematic immigration process
- 3-year UAE resident Visa
- No visa restrictions
- Ability to hire a skilled and diverse workforce
- Single window clearances for administrative work
- Logistical advantages
- World Class infrastructure
- Freedom to transfer funds and no foreign exchange control
- Ready to occupy offices, warehouses, and factories
List of Free Zones in the UAE
- Dubai Silicon Oasis
- IFZA
- Dubai Airport Free Zone
- Meydan Free Zone
- Dubai Design District
- Dubai Healthcare City
- Dubai International Academic City
- Dubai Internet City
- Dubai International Financial Centre
- Dubai Knowledge Village
- Dubai Media City
- Dubai Gold and Diamond Park
- Dubai Multi Commodities Centre (DMCC)
- International Media Production Zone
- Jebel Ali Free Zone
- Dubai Production City
- Dubai World Central (Dubai South)
- Dubai World Trade Centre Free Zone
- Abu Dhabi Airport Free Zone (ADAFZ)
- Twofour54
- Abu Dhabi Ports Company (ADPC)
- Abu Dhabi Global Markets Free Zone (ADGMFZ)
- Industrial City of Abu Dhabi
- Higher Corporation for Specialized Economic Zones (ZonesCorp)
- Masdar City Free Zone
- Khalifa Industrial Zone Abu Dhabi (KIZAD)
- Hamriyah Free Zone
- Sharjah Airport International Free Zone
- U.S.A. Regional Trade Centre (USARTC) Free Zone
- Sharjah Publishing City Free Zone
- Sharjah Media City Free Zone (Shams)
- Sharjah Publishing City Free Zone (SPC Free Zone)
- Ajman Free Zone
- Ajman Media City Free Zone
- Ras Al Khaimah Economic Zone (RAKEZ)
- RAK Maritime City Free Zone Authority (RMCFZA)
- Ras Al Khaimah Investment Authority
- Ras Al Khaimah Free Trade Zone
- Ras Al Khaimah Media Free Zone
- Fujairah Free Zone
- Fujairah Creative City
- International Free Zone Authority (IFZA)
- Umm Al Quwain Free Trade Zone (UAQFTZ)
- Free zone establishment with single shareholder
- Free zone company with 2 to 5 shareholders
- Branch Office of Foreign Company
- Branch Office of Local Company
- General Trading License
- Commercial License
- Service License
- Industrial License
- Warehousing License
- Manufacturing License