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Free Trade Zone in UAE

Advantages of Free Trade Zones and How it Catapults the Trade & Commerce of a Country?

The Free Trade Zones in a country are the major contributors to the economic growth and expansion of trade. It is the center for significant foreign investment and a preferred trade hub with growing business opportunities.

One of the most attractive propositions of a Free Trade Zone is the ease of setting up a business. It attracts foreign investors to the Free Zone and make the company setup process in a Free Trade Zone hassle-free.

It follows minimal documentation for registering a company and since the Free Zones are governed by their respective authorities the process of setting up a company is more streamlined and straightforward.

Thereby, Free Trade Zones help global investors in saving time in incorporating a company and easily kick-start their business operations in the region.

Importance of Free Trade Zone in UAE

In UAE, the Free Trade Zones are an integral part of the business ecosystem and a strong force in supporting the overall economy. It offers entrepreneurs and business investors umpteen business benefits.

The foreign investors can own 100% shares in the Free Zone company with 100% autonomy in business operations, ability to transfer 100% profit to home country, save tax in the home country by applying for a tax residence certificate, obtain a 3 year UAE residence visa, and more.

The Free Trade Zones in UAE has a well-defined support system to provide all the required assistance to the investor for successfully registering and running the business establishment in the UAE.

How Free Zones in UAE Support the Trade & Commerce Ecosystem?

There more than 40 Free Trade Zones in UAE across the 7 Emirates offering various Business License and more than 3000 business activities for the entrepreneurs to establish their base in the region.

A few selected Free Zones are designated Free Zones that are Value-Added-Tax (VAT) exempted for certain transactions within the Free Zone jurisdiction. Also, there are Free Zones with in-house Customs Check Point for facilitating the easy entry and exit goods entering and leaving the Free Zones.

Overall the Free Trade Zones play a vital role in boosting a country’s Trade and Commerce in many ways. It is a perfect gateway to the global markets and to facilitate global business operations. Most of the Free Zones are closely located to the major transport lines in UAE to streamline the import-export and trading activities.

How to Choose the right Free Trade Zone in UAE?

The Free Trade Zones of UAE offer global investors a host of business benefits while setting up their company in the Free Zone jurisdictions.

From a low-cost business license package with Virtual Office to a multi-year business license package, there is a wide variety of options that investors can choose from in the UAE.

Free Trade Zones in UAE

Investors must judiciously choose the desired Free Zone by analyzing various factors such as their desired business activity, location of the Free Zone, office space requirements, visa quota availability, budget for company incorporation and allied business support services, etc.

Seeking assistance from Expert Business Consultants would help in arriving at the right Free Zone for establishing your company.

The Business Consultants will assess the investor profile in detail and suggest favorable company incorporation options to select from making the process of setting up a company more streamlined.

Popular Free Trade Zones in UAE

1. Dubai Airport Free Zone

The prestigious Free Trade Zone in UAE – Dubai Airport Free Zone Authority (DAFZA), located adjacent to one of the busiest airports in the world, the Dubai International Airport facilitates large volume import-export from UAE to other parts of the world.

DAFZA is a perfect Launchpad for Multi-National Companies to Startups aiming at expanding their business activities in the UAE. It has all the required business infrastructure and logistic support system for the companies to conduct business from the Free Zone the most comfortable way.

To make the company incorporation easy the Free Zone offers a quick business setup solution. With all services available at the same premises, it makes the Investor register their company and receive their investor visa and companies documents in one go.

2. Sharjah Airport International  Free Zone

The Sharjah Airport International Free Zone (SAIF Zone) is one of the most dynamic Free Trade Zone in the Emirate of Sharjah. Situated adjacent to the Sharjah International Airport and in proximity to the Khalid Port one of the busiest Sea Port connecting UAE with more than 190 countries.

Free Zones in UAE

SAIF Zone offers the investors customized business setup packages with office spaces ( furnished/unfurnished) and a range of warehouse options for trading companies to store and manage their inventory effectively.

The in-house customs department makes it easy for the companies to facilitate entry and exit of inventory from the Free Zone to global markets. SAIF Zone is a perfect destination for investors aiming at making UAE their base to conduct international trade.

3. Dubai Silicon Oasis – International Free Zone Authority

The International Free Zone Authority (IFZA) headquartered in Dubai Silicon Oasis Authority (DSOA) is one of the fastest-growing Free Trade Zone in UAE. It has to go state-of-the-art business infrastructure and amenities tailor-made for global investors to easily launch their business establishment in UAE.

DSOA –IFZA offers a wide range of business licenses and more than 3000+ business activities ranging from Software Programming to General Trading. It is a perfect Free Zone for startups and entrepreneurs who wish to start with a low-cost company setup package and then scale up in the future.

To know more about Company Formation Procedures and the Latest Company Incorporation Fees in UAE, connect with our team right away! 

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