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All you need to know about -

Dubai Free Zones Company Formation

Dubai Free Zone is a special economic zone in the United Arab Emirates (UAE) that offers a wide range of facilities and services to businesses. It is a great place for businesses to set up shop and take advantage of the many benefits that come with being in a free zone. The free zone offers a number of advantages to businesses, including tax-free trading, 100% foreign ownership, no currency restrictions, and a wide range of business activities. Additionally, the free zone provides businesses with access to world-class infrastructure, including state-of-the-art telecommunications, transportation, and logistics services.

In essence, free zones and perhaps even free trade zones throughout Dubai are business regions in which firms involved within them are indeed excluded from all forms of taxation, including value added tax (VAT), income tax, company tax, and customs. Company owners throughout Dubai's free zones own their companies completely.

If several nations come to an agreement to establish a mutual free zone, all trade restrictions are removed. Inside the Dubai free zone, neither obligations nor any kind of taxation are charged. This lack of barriers tends to attract businesses from all industries, encouraging them to consider relocating to the Dubai Free Zone as well as establishing new businesses. Dubai has over 40 free zones, including the Dubai Airport Free Zone, Dubai Design District, Dubai Gold and Diamond Park, Dubai Healthcare City, Dubai International Academic City, and many others.

Advantages of -

Setting Up Your
Business In A Free Zone

Dubai Free Zones are commercial regions in which commodities and services can indeed be traded. Dubai Free Trade Zones have 0% tax rates, preferable import tax prices, and 100% exemption from both import and export taxes.

1. Retain Ownership

Companies in the Dubai free zone area have been permitted to have 100% foreign ownership, which is really ideal for business owners who want to continue to maintain the majority of decision-making authority when it comes to effectively operating functions. A local shareholder and perhaps even a partner are not required.

2. Business License

A business license in the Dubai free zone is a permit that allows a company to operate in a designated free zone in the United Arab Emirates (UAE). Free zones are special economic zones that offer a range of benefits to businesses, including tax exemptions, streamlined bureaucracy, and access to a wide range of services.

3. Financial Incentives

Dubai has earned the reputation of being an easy place to do business due to its abundance, strategic location, and business-friendly heritage. The Dubai Free Zones are distinguished by their own extremely effective facilities as well as distinguishable assistance that streamlines management and operations workflow processes and saves enterprises significant resources and time.

4. Sector-Specific

Evey Dubai Free Zone has been focused on a single industry. Licenses for such a zone must only be granted to companies in the relevant industry. Dubai Free Zone companies have been governed by the municipal authorities within every emirate. As a result, each free zone comes with its own set of guidelines and constraints.

DUBAI FREEZONE

MEYDAN Free Zone

Established in 2006 and managed by the Meydan Group, it is a business hub for companies from all over the world, and provides a wide range of services and facilities.

Choose to work from a prime location that overlooks the racecourse inside the luxurious 5-star Meydan Hotel, network from our golf and tennis clubs, or unwind at relaxing spas or fine dining restaurants with your family.

Meydan not only offers an impressive aesthetic but also provides world-class infrastructure, a tax-free environment, and an easy license setup with a two-year Dubai residency visa.

StartBiz Global can help businesses benefit from an exceptional base to expand a company, and enjoy leisure at the same time.

Key Features:

  • Established2009
  • Licenses typesLicenses types IT Service, Trading, Investment
  • FacilitiesFlexi-desks, Offices
  • VisasVisas 3 visas with flexi desk, multiple visas with office
  • Time-frameRegistration in 3 to 4 days

PROS

MEYDAN is a forward-thinking concept developed by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai, with a focus on building for the future. The zone makes the process of starting or expanding a business in Dubai simple, fast, and efficient while providing cost-effective options.

Key Features:

  • Established2017
  • Licenses typesTrading, Consultancy
  • FacilitiesFlexi-desks, Offices
  • Visas1-6 visas with flexi desk
  • Setup timeRegistration in 2 days

PROS

Over the past few decades, IFZA has earned the reputation of being the best economic free zone in Dubai. IFZA has an ever-evolving ecosystem in world's most innovative cities.

DUBAI FREEZONE

IFZA - International
Free Zone Authority

Established in 2006 to promote and facilitate the development of free zones in the UAE.

It is responsible for the regulation, supervision, and promotion of free zones in the UAE.

IFZA gives a business-friendly environment, access to world-class infrastructure, and a wide range of incentives and benefits.

Whether looking to start a new venture or expand an existing one, StartBiz Global provide the resources and support to succeed in Dubai's competitive business landscape.

DUBAI FREEZONE

JAFZA - JEBEL ALI FREE ZONE

Since its inception in 1985 with just 19 companies, it has grown exponentially to over 8,700 businesses today, including over 100 Fortune Global 500 companies.

Jebel Ali Free Zone (Jafza) is the largest customs bonded zone in the Middle East, and is DP World's flagship free zone.

The central location within an unrivaled ecosystem has contributed to a growth over the past three to four decades, with proximity to Jebel Ali Port and Al Maktoum International Airport.

StartBiz Global is capable of setting up a business community and ecosystem in this zone where diverse industries such as logistics, e-commerce, petrochemicals, and 14 other sectors thrive.

Key Features:

  • Established1985
  • Licenses typesTrading, Consultancy, Industrial
  • FacilitiesOffices, Warehouses
  • VisasMultiple visas with office
  • Time-frameRegistration in 3 to 4 days

PROS

The zone provides a platform for businesses in key industry sectors to flourish, creating an annual trade value of over $104.2 billion per year and sustaining 135,000 jobs. As the flagship free zone of DP World, Jafza is an integral part of the DP World UAE Region's integrated business hub, offering unparalleled opportunities for businesses.

Key Features:

  • Established2006
  • Licenses typesTrading, Consultancy, Industrial
  • FacilitiesFlexi-desks, Offices, Warehouses
  • Visas2-3 visas with flexi desk, multiple visas with office
  • Setup time1 day registration, 1 week pre-approval

PROS

It features a variety of entertainment venues, including the Dubai Opera House, the Dubai International Financial Center, and the Dubai Festival City. The zone is connected to the Jebel Ali Port, the world’s largest man-made port, and the Jebel Ali Free Zone (JAFZA).

UAE FREEZONE

DUBAI SOUTH -(DWC, Dubai
World Central)

It is a 140-square-kilometer urban development project located in the United Arab Emirates.

It is the world’s first purpose-built aerotropolis, a city designed around an airport.

It is home to a number of world-class attractions, including the world’s tallest building, the Burj Khalifa, the world’s largest shopping mall, the Dubai Mall, and the world’s largest indoor theme park, the IMG Worlds of Adventure.

Al Maktoum International Airport, which is capable of handling up to 160 million passengers and 12 million tons of cargo annually is in proximity making this zone the future of Dubai and a worthwhile initiative of StartBiz Global to go ahead in establishing a business venture.

Dubai free zone business setup can help you to solve
many corporate challenges of international business registration such as:

- Safety of your funds

- Free movement of money

- Quick international transfers

- Company in a white listed sanction free country

- Stable rate of local currency

- Good geographical position

- Available workforce

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