WHERE IS THE BEST LOCATION FOR MY COMPANY IN THE UAE?

WHERE IS THE BEST LOCATION FOR

MY BUSINESS IN THE UAE? DUBAI MAINLAND OR THE FREE ZONES

Dubai is one of the topmost destinations for business people and investors in the whole of the Middle East. The Government policy and the state of the art infrastructures support the growth of small businesses, as well as large corporations.

Business opportunities in Dubai are not just open to the citizens of United Arab Emirates, but also to foreign investors as well. As a matter of fact, the foreign investors are wooed into Dubai because the presence of foreign business is a major boost to the economy of Dubai.

There are many free trade zones in Dubai, which surrounds Dubai which are about 40 in number and that is why commerce and trade is at its peak in Dubai.

People come from far and wide to shop in Dubai simply because they tend to get cheaper goods there.

The UAE also made some business activities exclusive to the free zones. The free zones are beneficial to investors and new business owners that wishes to go into some business activities.

There are about 40 Free Zones in the UAE with different objectives. That is, the kind of business establishment determine the free zone to establish your company.

For example, in

Dubai Multi Commodities Centre (DMCC) – Commodities, Trade and Exchanges;

Jebel Ali Free Zone (JAFZA) – Trading, General Trading, Service, Logistics and Industrial;

Dubai International Financial Centre (DIFC) – Banking, Financial Services and Legal;

Dubai World Central (DWC) – Aviation, Logistics, Light industry and Ancillary Services;

Dubai Knowledge Park (DKP) – Human Resources Management, Training and Personal Development;

Dubai Internet City (DIC) – Internet and Communications Technology;

Dubai Media City (DMC) – Media related activities;

Dubai Silicon Oasis (DSO) – Information Technology, Telecom, Electronic and Engineering

Dubai Healthcare City (DHCC) – Healthcare, Medical Education and Research, Pharmaceuticals and Medical Equipment;

Ras Al-Khaimah (RAK) – Trading, General Trading, Service, Industrial and Educational;

Fujairah Creative City (FCC) – Media, Consulting, Communications, Design and Technology.

We would properly guide based on the kind of business you intend to establish, the best free zone to establish it and the benefits of registering it in such free zone.

Some basic reliefs in establishing your Company in the Free Zones in the UAE

Some of the incentives or benefits that companies in the free zones enjoy includes:

1.:Enjoy 100% tax reliefs (both Corporate & Personal),

2. No foreign ownership restrictions&business established are governed by IFZA, which is responsible for issuing operating licences&regulating the activities of companies within the Free Zone,

3. 100% foreign ownership,

4. 100% repatriation of capital&profits,

5. No currency restrictions,

6. Abundant variety of licensable activities,

7. Sufficient&less expensive energy, 8. Efficient communications,

9. Serviced desks&offices for SMEs and start-ups enjoy an amzing support services and

10. Enables its shareholders, directors and employees to obtain residency visas in the UAE.

Setting up a business in the UAE is very easy and straightforward. With progressive, forward-thinking policies by the government, the UAE encourages foreign investors to invest in the oil-rich country. In the UAE, investors are granted incentives and the procedures for setting up new businesses have been simplified by the government.

So if you are looking to invest in the UAE, then you will have no problems in terms of setting up your business. But there’s a need to know the best markets to invest in, so as not to have the right set of business, location and legal qualifications.

For Further enquiries, kindly send us an enquiry, and our team of specialists would be available to respond adequately to your enquiry.

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