Why Starting a Free Zone Company in Dubai Could be Highly Beneficial for Your Business?
UAE has been and is one of the most feasible destinations for entrepreneurs who wish to start a business in a foreign land. The country has been long known for its ideal business environment offering entrepreneurs the very best opportunities they could find useful to develop their business and improve their global presence.
The UAE market has helped a lot of individuals achieve their business goals by offering them a head start and giving them ideal business solutions. One ideal solution that the UAE government has brought forward to foreign entrepreneurs is the possibilities to establish companies in the UAE’s free zone environment. This introduction has helped businesses in Dubai & surrounding areas reach greater growth strides, which is why you should also consider starting a Free Zone Company in Dubai. Below listed are few reasons which state why starting a free zone company in Dubai could be highly beneficial for your business.
What is a Free Zone?
A Free Zone, also known as Free Economic Zone or Free Trade Zone is a particular area in the country where the taxes & trade restrictions are not the same as other parts of the country. Every Free Zone has its own specialities and rules that it exercises, most of them giving an ideal business environment to entrepreneurs and could be mostly found around seaports & international airports, which gives geographic leverage to carry out international trade.
Reasons Why Free Zones Could be Highly Beneficial for Your Business: -
The Setup Process is Quite Easy: The initial process of establishing a company is considered as one of the most important phases and at the same time, a gruesome one. But in Dubai, it is exactly vice versa. Establishing a company in a Free Zone is an incredibly easy process. You as an entrepreneur will only be asked basic documentations & some paperwork procedures to be carried out in most of the cases. The free zone which you will be choosing depends on the type of business that you are about to carry out.
You Get to Control Your Business: Foreign Investors who are outside UAE Free Zones are generally required to have a local partner (who will be holding a minimum 51% ownership) to establish a business in UAE. But that’s not the case when it comes to Free Zones! You get to own 100% of your business and you basically don’t need a local business partner.
The Profits are Yours: That’s true! Establishing a free zone company in UAE could help you take home 100 per cent of your business profits. Just imagine how establishing a company in a city like Dubai could help you become a highly successful entrepreneur.
Getting Visas for Your Family & Employees is Easy: Once you have laid your foundation and your business is up & running, the process of getting visas for your families and employees becomes quite easy. All you have to fulfill is the minimum salary that is being earned by each emirate and you should be a UAE resident. Taking trustable employees actually means you are being surrounded by safe people and your business is in safe hands.
Tax-Free Environment: This is one of the most compelling reasons why you should consider starting your business in one of the free zones in Dubai. Establishing a company in Dubai means you get to run your company in a tax-free environment which eventually could help your business reach to a great extent in a very short period of time.
Reasons Why Dubai is the Ideal Place to Start Your Business: -
Of all the countries the world has, Dubai is one of the ideal places for you to start your business. Below listed are a few reasons:
- Ideal Geographic Location
- Diverse Business Setup Options
- Abundant Resources to Utilize
- Safe & Secure City
- State of the Art Infrastructure & Logistics
To know more about why Dubai is an ideal place to start your business, read this blog!
“Conducting research and choosing the best possible options could help your business thrive in this competitive industry. The combination of a highly developed city and an ideal business setup solution could drive your business to success and allow you to reap all the benefits that come along with it.”
The above-mentioned reasons seem to be convincing enough for you to start your business in a free zone in Dubai. If you have any further queries, get in touch with us as we have been providing ideal business setup solutions for the past two decades, helping people establish their company in Dubai and be successful at it.
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