Benefits of Setting up a Company in the UAE Free Zone

The business hub of the middle east is striding forward with a positive impact and stepping up its stature in the global market. Yes, we’re talking about the United Arab Emirates, a nation that has grown tremendously from being a primary sector and oil-based economy to a tertiary sector or service-led economy.

There are several benefits of setting up a company in the UAE, but the UAE freezone company formation provides extra layers of advantages. Here’s why:

• 100% Ownership of a Company: Who doesn’t like to be the boss of their own business, isn’t it? UAE is the dream foreign nation that provides this. You can be of any nationality; as long as you fulfill all documentation and criteria, a company in the Freezone is completely yours, without any question. They do not require a local sponsor and can be owned by multiple foreign nationals as well.
• Intellectual Property Confidentiality: IP protection is as essential as protecting a business from downfall. The authorities in this nation maintain a strict line of action for protecting your IPs. Be rest assured when it comes to freezone company formation in Dubai.
• No trade Barriers: Have you heard of a business market that allows free transaction of goods both within and outside the jurisdiction? The UAE allows businessmen of the free zone to trade with no restriction on volumes or limits of goods exported or imported.?
• Income Taxes & Import Duties: Foreign nationals earning lump sums in the UAE can take all in for themselves till now. There are no income taxes. However, corporate taxes will be applicable at 9% from June 1st, 2023. Any business doesn’t require you to pay custom duties while importing goods.

The leadership of the nation has taken good use of the expanding capabilities and made sure that UAE is your next stop for business setup. It provides ample opportunities for those who deliver optimal services. The world-class amenities such as transportation, infrastructure, public welfare, and security make UAE one of the go-to nations for business.

Whether you’re planning a business setup in Dubai, Ajman, Sharjah or any of the Emirates, the UAE is here to provide you with the best conditions for business. To expand and fasten your business activities, master consultants from a recognised superbrand like A&A Associate are ready to help you out on any front of the business ladder.

Grab the opportunity now with A&A Associate and set up a business in the UAE for yourself.

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