{"id":25192,"date":"2019-05-23T10:47:08","date_gmt":"2019-05-23T10:47:08","guid":{"rendered":"https:\/\/arabbusinessconsultant.com\/?p=25192"},"modified":"2019-05-23T10:47:08","modified_gmt":"2019-05-23T10:47:08","slug":"want-to-know-about-free-zone-company-setup-in-uae-what-benefits-you-can-enjoy","status":"publish","type":"post","link":"https:\/\/arabbusinessconsultant.com\/blog\/want-to-know-about-free-zone-company-setup-in-uae-what-benefits-you-can-enjoy\/","title":{"rendered":"Want to Know About Free Zone Company Setup in UAE – What Benefits You Can Enjoy?"},"content":{"rendered":"

Free zones are known for being special economic zones that are setup with the main objective of offering free customs duty and tax-free benefits to expatriate investors. These zones are formulated for boosting the international business by offering complete ownership to multiple foreign investors. The Free Zones located in UAE and Dubai are usually government according to a special set of rules and regulations. Usually these zones operate outside the laws of the Ministry of Labor or the Federal Laws.<\/p>\n

Near about 40 Free Zones are operating presently in the UAE, most of them are under construction. Almost every free zone is designed around one or even more commercial categories and offers licenses to organizations operating within these categories. Today, UAE is considered as one of the major business hubs and the most ideal location for setting up a new business as well as a representative office. With multiple free trade zones operating in UAE, it is really difficult to select the best one for conducting your business in this region.<\/p>\n

The major benefits of Free Zone Company set up in UAE<\/strong><\/p>\n

The main advantage which is provided by the Free Zone company setup in UAE <\/strong>to the foreign investors is returning hundred percent of their businesses without any requirement for local partners. Non-UAE residents cannot enjoy a majority business stake outside the Free Zone, provided that the business needs an industrial or commercial license, hence, need to be set up with one of the local partners who can enjoy the minimum ownership of around 51 %.<\/p>\n

The other set off benefits enjoyed by UAE Free Zone companies are as follows:<\/strong><\/p>\n