Free Zone Company formation in UAE could be a viable business investment for expatriates worldwide.UAE Free Zones are designated areas that allow expatriates to own and manage their businesses.
The Free Zones of UAE has grown into the principal regional hub for trade thanks to the business-friendly initiatives provided by government officials of the UAE Government as well as authorities of the Free Zone Authorities. Anyone can quickly establish a Free Zone Company in UAE or find out Dubai Free Zone Company Setup Cost by contacting us.
Foreign investors select UAE to establish a business due to the stability of the political climate, secure life, swift law and order, tax haven status, and many other advantages for business. More than 53 are Free Zones within the UAE across all seven Emirates of the United Arab Emirates, and each of the Free zones primarily hosts greater than 8000+ businesses.
The free zones are categorised as financial-free zones, technology-free zones, Commodities specific free zones, Marie-time-free zones, and industrial-free zones to boost the manufacturing sector. Each free zone has a unique infrastructure that caters to industry-wise network and business opportunities. The air and seaports are ideally integrated with free zones to ease business smoothly. The benefits like freedom of trade and no tax jurisdiction make UAE Free Zones unique and ideal places for companies to start their operations. The UAE free zones allow registration of offshore, International Business Companies, and onshore companies. The designated free zones will get various tax benefits from value-added, excise, and UAE corporate tax. The UAE Corporate Tax will be rolled out by the UAE finance ministry effective from 1st June 2023.
Alpha Equity Management Consultancy is a group of experts that can manage the entire task for free zone company formation for UAE. We provide a single-window solution for investors looking to ease the stress of free zone company creation in UAE and complete the process quickly.
Our team is skilled in the efficient execution of the below-mentioned services related to company setup:
- Establishing a UAE Free Zone Company
- The process of obtaining the Trade License,
- Chamber of Commerce registration,
- Opening of Account at the Bank Account,
- Director Visas as a family or company visa
- The hiring of office staff, accounting and all other needs associated with the business.
Alpha Equity Management Consultancy also is a Retainer Consultant for businesses at an agreed-upon fixed cost between the parties.
What is a Free Zone Company Formation License in UAE?
The Free Zone License in UAE is a legal document for a company that permits investors to engage in trade or any other business in the zone specified. The entrepreneur may apply for the appropriate free Zone License by the industry.
The local Free Zone Authority issues the Free Zone License to the investor upon registering the business. It is essential to select the appropriate business option to start the company. There are numerous advantages when registering a business with one of the Free Trade Zones in UAE.
A Trade License will have the list of business operations chosen by the investor. The business is legally able only to carry out specific business activities that are listed under their Free Zone License in UAE. Investors can choose between 6 or more business activities under one trade license. However, based on the particular Free Trade Zone, the choices of the activities and activities can differ.
For example, the investor can select three business activities at no cost in the SHAMS Free Zone. Investors can include additional actions to their business license and pay a fee to the Free Zone. Alpha Equity will guide the investors in the best way to acquire this Free Zone License in UAE in the easiest way.
The Free Zone Company can be either registered or not with an office. The company must register with the Chamber of Commerce and obtain the Import Export code to facilitate exports and imports. After one year after the incorporation, the tax Residency Certificate can be obtained from the UAE for onshore licenses. Investors can benefit from this Double Taxation Avoidance Agreement (DTAA) and reduce taxes from their home country.
Additionally, Free Zone bank accounts for companies can be opened at any bank in the UAE with an active online banking facility, including credit cards, debit cards, cheque books, or other trading facilities.
In the simplest terms, UAE free zone company creation through Alpha Equity Management Consultancy is the most efficient method of promoting businesses to The Free zone Area of UAE. So, Contact us today for the company formation services as we are one of the most trusted Top Accounting Firms In Dubai