Free Zone Company Formation
Frequently Asked Questions
Require a local agent or sponsor for free zone company formation in Dubai UAE?
Its relies upon the kind of organization. For mainland companies organizations, it is expected that you have an occupant visa or financial backer visa in the UAE. In the event of a free zone organization, since it gives 100 percent unfamiliar possession, the proprietors need not have an occupant visa. In any case, the head supervisor of the organization should dwell in the UAE.
What are the procedure for company formation in a UAE Free Zone?
While the free zones differ in the names of the designs accessible, as a general rule, following legitimate designs are accessible in most free zones.
Free Zone Establishment (FZE) – Sole Establishments/Single Investor (can be individual or corporate)
Free Zone Company or Free Zone Limited Liability Company (FZCO OR FZ-LLC) – More than one Investor/Different Investor (can be individual or corporate, or both)
Branch office – Where the investor is a parent company enlisted external the free zone (can be outside the UAE, or a UAE-based company).
Is there any customs duty in a free zone company?
A free zone company has 100 percent unfamiliar company proprietorship, 100 percent bringing home of capital and benefits. exception from all import and product obligations, no corporate expense and no profit charge. Notwithstanding, in the event that the business is laid out in the central area, a 5% custom obligation is relevant.
What to Expect From Your Visit
UAE Free zones are very attractive jurisdictions for investors and business owners who want to have 100% ownership of their businesses. The idea of a “Free Zone” has been established globally as a model to develop and promote business in many countries through out world. UAE Free zones are offering 100% foreign ownership, No tax and customs privileges to company owners. This makes these free zones in UAE the most selected location in the Middle East for international operations. It is appealing for many to establish Free zone Company in UAE.