Benefits of establishing a business in a Dubai free zone
Dubai has a number of free trade
zones that attract investors from every part of the world. These free trade
zones offer a number of benifits that you cannot reap by registering your
business with Dubai Economic Department. Let’s take a look into a few major
benefits of registering your business in a Dubai free trade zone.
1- Easy company registration
The most important benefit of registering your business in a Dubai free trade zone is that you will not have to go through a lengthy and hectic company registration process. One stop company registration services offered by Dubai free trade zones will make it very easy for you to register your business in Dubai.
2- You will not have to look for a local partner for your business
If you will register your business with Dubai Economic Department then you will have to add a UAE national as 51% partner in your business. This is a legal binding for businesses that are registered with Dubai Economic Department. If you will register your business in a Dubai free trade zone then you will not have to worry about this restriction. Dubai free trade zones offer 100% ownership to foreign investors. If truth be told, this alone has played an important role in the success of Dubai free trade zones. People who were hesitant to start a business in Dubai only because they had to add a UAE national as their partner are running their businesses successfully by registering it in a free trade zone.
3- Your business will get tax and duty relaxations
Another very important benefit of registering a business in Dubai free trade zone is that by doing so you will not have to worry about import duty and heavy taxation. If you don’t know already, Dubai free trade zones are duty free zones that offer exceptional tax relaxations. The fact of the matter is that duty and tax relaxations that are offered by Dubai free trade zones has played a vital role in boosting the economic activities and foreign investment in the Emirate.
4- You will get international standard services for your business
Every Dubai free zone has international standard services that will help you a great deal in running your business without any difficulties. From highly secure warehouses to advanced infrastructure and transportation facilities, your business will have the access to unmatched facilities and services that will help you operate your business successfully.