Freezone Company Formation

BWM Consultancy provides a comprehensive guide to setting up a company in Dubai. The process involves choosing the right type of business entity, preparing the required documentation, and obtaining a trade license.

Setup your Freezone company in Dubai

BWM Consultancy provides a comprehensive guide to setting up a Freezone Company in Dubai. The process involves choosing the right Freezone, preparing the required documentation, and obtaining a trade license.

What is a Freezone?

A free zone company in Dubai refers to a business that is established within one of the designated free trade zones in the city. These free zones are special economic areas that offer a range of benefits to businesses, including 100% foreign ownership, tax exemptions, and simplified administrative procedures. Free zone companies are typically set up to engage in international trade, and are subject to the rules and regulations of the free zone in which they are established.

What are the benefits

  • 100% foreign ownership: Unlike mainland companies, free zone companies can be fully owned by foreign investors, without the need for a local partner.

  • Tax exemptions: Free zone companies can benefit from exemptions on corporate and personal income tax, as well as customs duties on imported goods.

  • Simplified administrative procedures: Free zones offer streamlined procedures for business setup, licensing, and visa processing, making it easier for companies to establish their operations.

  • Access to world-class infrastructure: Dubai’s free zones offer state-of-the-art facilities, including modern offices, warehouses, and logistics hubs, to support the growth of businesses.

  • Strategic location: Dubai’s free zones are strategically located near major ports, airports, and highways, providing easy access to regional and global markets.

Some of the popular free zones in the UAE include:

  • Dubai Multi Commodities Centre (DMCC)

  • Jebel Ali Free Zone (JAFZA)

  • Dubai Airport Free Zone (DAFZA)

  • Dubai Silicon Oasis (DSO)

  • Dubai International Financial Centre (DIFC)

  • Dubai South Free Zone

  • Sharjah Airport International Free Zone (SAIF Zone)

  • Hamriyah Free Zone

  • Ajman Free Zone

  • Ras Al Khaimah Economic Zone (RAKEZ)

These free zones offer a range of benefits to businesses, including 100% foreign ownership, tax exemptions, and simplified administrative procedures.

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