A Free Trade Zone (FTZ) is an area of a country where some standard trade barriers such as taxes, tariffs and quotas are eliminated, as well as bureaucratic requirements are lowered with a purpose of attracting new businesses and foreign investments.
A company registered in the UAE Free Trade Zone is referred to as the Free Zone company. Starting a business entity in one of the UAE’s Free Trade Zones can be a very attractive option for foreign investors, but choosing the right Free Zone for your business requires deep knowledge of the market.
More than 50 different Free Zones are located in the UAE, accordingly we can recommend the right Free Zone, depending on business conditions, visa and office requirements and, certainly, investment budget. We always carefully consider all factors to find the best place to register your future business in UAE to enable its economic growth.
ADVANTAGES OF SETTING UP A BUSINESS
IN UAE FREE ZONE
No corporate taxes
UAE Residence Visa
100 % foreign ownership of the enterprise
No trade barriers or quotas
Simple Import, Export Policies
No restrictions on hiring expatriates
No personal income taxes
100 % repatriation of capital and profits
Infrastructure and facilities for Industrial and Commercial purposes
My Business Consulting is here to assist you at each stage of business setup in any UAE Free Zone – starting from business plans and strategies, registration of a tailor-made corporate structure, provision of UAE Residence Visas for investors, their dependents and employees, UAE Corporate and private bank account opening, till full further administrative support, Tax Advisory, Accounting & Bookkeeping. We have the highest Bank Account Opening Success Rate in the UAE which is 99%.
Our expert ensure that your UAE Free Zone company will develop successfully and without efforts in the UAE territory. Let us create the ideal business establishment strategy for you to multiply your investments.
FREE ZONE FACILITIES
Business offices/premises provided by a Free Zone can be customized to suit your needs or provided in ready-to-move conditions. Flexi desk/office facilities are ideal business solutions for companies looking for a fast and cost-effective business set-up, however are limited by visas requirements for shareholders or managers of the new entity. Various warehouses suitable for storage of goods, light manufacturing and assembly, available for lease on a year-round or limited time basis. Warehouses can be ready move in or can be customized to suit your needs. Different plots of land, designated for industrial, logistic and service industry purposes are offered for short or long lease terms. Labor Accommodation can be provided by a Free Zone authority on special price and conditions.
Every company operating within Free Zone is required to obtain a business license. A business license (also known as a trade license) is a time-limited permit granted to a company to undertake commercial, consulting or industrial activities within the Free Zone. Each license is valid for one year, starting from the date of issue, and must be renewed annually. Some of UAE Free Zones require to provide an annual audit report. Some of UAE Free Zones require Minimum paid up Share Capital to be presented on the time of the Free Zone company formation. This is done in order to receive a Business License for the Free Zone Company. Amount of the Share Capital depends on free zone requirements. The paid up Share Capital should be deposited to the bank at least for one week after the registration on time of submission documents for Business License.
SET UP YOUR BUSINESS WITH US
UAE FREE ZONES
Matchest Consulting Inc. (Taiwan Based Partner) We are professional consulting company in Taiwan and have cooperated with MY Business Consulting DMCC for many projects successfully. We appreciate for their patience to let us learn more with respect to UAE company types and related regulations. We will continue to cooperate the business and to bring the best services to the clients. Neqtat Al Entelaq Limited More professional than expected, especially Ms. Alaina. We would really recommend My Business Consulting DMCC to all. Aswaq Capital Limited We are very happy to do the registration of Aswaq Capital in My Business Consulting DMCC. And everybody is very helpful. Shafiq Massoud It’s obvious, that My Business Consulting DMCC is committed to professional services and I will not hesitate to recommend your company to others. Blue Atlas Investment Holding Ltd Very efficient and helpful. Excellent time management as we were on a tight schedule. Everything was prepared in time.
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