There are several reasons why entrepreneurs should consider Dubai free zone company setup. The UAE offers many business incentives for establishing a business, including office space, warehouses, and tax incentives. However, the main reason for establishing a business in a free zone is its proximity to the UAE’s largest market. Aside from its strategic location, Dubai has several other free zones that could benefit your business, too.
UAE’s free zones are a great place to start a business:
If you are a foreign investor, you may be wondering about the benefits of starting a business in a UAE-free zone. There are more than 45 different free zones, but the main benefits of starting a business in a free zone are 100% foreign ownership and no income tax.
They offer tax incentives:
Having your business in a free zone in Dubai offers many advantages. First and foremost, you can get full ownership without paying local taxes. Dubai has over thirty free zones, and more are under construction. Free zones in Dubai benefit from an extensive network of double taxation agreements, allowing them to take advantage of significant tax breaks. Additionally, they do not charge business or personal income taxes. As for VAT registration, Dubai free zones assist in obtaining the required paperwork.
They offer office space:
If you are planning to start a new business in Dubai, you need to decide on the location for your business. While some businesses require you to work from home, others can only operate in an office. For example, some businesses specialize in trading and require a location near a port. Depending on the nature of your business, you may be able to find the ideal location near a port.
They offer warehouses:
There are many advantages to establishing a business in a free zone. For one thing, it is easier to get access to professionals and other experts. Additionally, a free zone is a friendly place to do business, which is an advantage for foreign entrepreneurs. Furthermore, free zones are also conducive to collaborative ventures.
They offer factories:
Dubai free zones are the ideal place for entrepreneurs to start their businesses and trade products. These zones are a great place for investment because they are equipped with the infrastructure and services needed to make successful business operations. These free zones also offer support services for investors, so that they can focus on what they do best: making profits.