|
Benefits |
|
1. |
Strategic
location between Eastern & Western
Countries. |
|
2. |
Faster Visa
and other applications' processing time. |
|
3. |
No
Local-Citizen-Sponsor required. Government
becomes the Sponsor. |
|
4. |
100%
ownership of the business. |
|
5. |
Easy
accessibility to Arabian Sea Port and
International Airport. |
|
6. |
100%
Tax-Freedom for owner, employees and
Company. |
|
7. |
100%
repatriation of capital & profits allowed. |
|
8. |
100%
exemption from payment of custom duty for
imports and exports. If you sell in U.A.E.
main-city outside the Free Zone, 5% custom
duty has to be paid. |
|
9. |
No currency
and recruitment restriction. |
|
10. |
Licensing &
most of administrative work under one
roof. |
|
11. |
Freedom to
operate your business round the clock. |
|
12. |
Freedom to
stay in any EMIRATE outside Free Zone. |
Type of
Ownership Allowed
|
|
1. |
Sole
Proprietor |
|
2. |
Limited
Liability Company |
|
3. |
Branch of a
Foreign Company |
|
Top |
Time to
Establishment Business
|
|
Once all the
documents required (refer
FAQs for details) are submitted and
the office space is
available with the
Free Zone, it takes around one week to ten
days time to setup business in
Free Zone. One cannot start business unless one has
office space. |
Shortcomings of Setting Up Business in
Free Zone
|
|
1. |
One is
expected to do business within the Free
Zone. In case one wants to sell his
products in U.A.E. main-city, he has to
pay 5% custom duty and sell through an
appointment
main-city-dealer having similar product licence. |
|
2. |
One cannot
have office space outside Free Zone unless
one takes another licence to
operate
outside Free Zone. |
List of
Options to Set-Up Free Zone Business
in U.A.E.
|
|
1. |
Sharjah
International Airport Free Zone (SIAFZ) |
|
2. |
Hamriyah
Free Zone (Sharjah) |
|
3. |
Ajman Free
Zone |
|
4. |
Ras Al Khema
Free Zone |
|
5. |
Fujairah
Free Zone |
|
6. |
Jabel Ali
Free Zone (Dubai) |
|
7. |
Dubai
International City (Under Jafza) |
|
8. |
Dubai
Airport Free Zone |
|
9. |
Dubai
Knowledge Village (Under TECOM, Dubai) |
|
10. |
Dubai
Internet City (Under TECOM, Dubai) |
|
11. |
Dubai Media
City (Under TECOM, Dubai) |
|
12. |
Dubai Health
Care City |
|
13. |
Dubai Multi
Commodity Center |
|
14. |
Dubai Gold &
Diamond Park |
|
15. |
Dubai
Silicon Oasis |
|
Top |
Types of
Licences and Types of Business Activities
Allowed
|
|
1. |
GENERAL
TRADING (Many Items can be traded) Fees
Highest |
|
2. |
COMMERCIAL
LICENCE (Limited Items Trading is Allowed)
Fees Low |
|
3. |
INDUSTRIAL
LICENCE (Manufacturing Activity is
Allowed) |
|
4. |
SERVICE
LICENCE (These Services are Governed by
Department of Economic Affairs) |
|
|
|
|
TO SET-UP BUSINESS IN FREE ZONE IN U.A.E.
CONTACT US
WE WILL REACH YOU WITHIN 48 HOURS. |
|
