Establishing a company in the free zone
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In just three steps, TM provides you with all the requirements you need to register a company in Dubai, domicile in Dubai and business registration
Now, the UAE allows investors from all over the world to open and incorporate companies with ease, thanks to the free zones the UAE offers within its borders. Your access to the UAE's business market through a free zone can save you from the many hassles and unrestricted routines that occur in many other countries, as a free zone is a safe transition to the UAE job market.
Another very important attractive factor in attracting investment to the UAE is the absence of taxation on personal or business income, making the UAE a global business investment destination. To further attract investors, the state has passed a law regulating the work of the UAE Free Zones so that investors can avoid future legal disputes, all investors must take and study all aspects of the law carefully before making any investment decisions, because The UAE does not allow manipulation or complacency to apply the law.
As a UAE employer, one of your responsibilities is to keep abreast of business and company laws to stay informed and avoid situations that may adversely affect your business, including applicable business regulations, consumer protection regulations, intellectual property protection Your rights, the rights of your company’s employees and workers, and property rights and regulations in the economy of the various emirates of the country, health, environment and safety regulations and regulations in free zones or special economic zones. As well as the provisions of the geographic area in which it operates, whether to develop the sector's area.
Furthermore, the laws regulating companies and economic activities generally apply to free zone companies, with the exception of Federal Law No. (2) of 2015 on Commercial Companies, which applies to commercial companies established in the country. In addition to the applicable regulations in the relevant Free Zone, Free Zone companies are also subject to conduct, property protection, health, safety and environmental regulations related to the nature of their business activities. Along the way, you can rely on a company to help you through the process of setting up your business, such as: B. TM Corporation, which will provide you with legal and financial advice to facilitate and expedite your work.
Why start a company in a free zone?
The UAE has announced that companies located in free zones within the UAE enjoy special and different treatment from companies located in other parts of the UAE, so free zones have many advantages that differentiate them from the regions in which they are located. feature is:
Exemption for all goods and the company they are in.
Goods are exempt from customs duties, so all items are priced lower than in other regions.
Simple procedure for starting a business
The United Arab Emirates includes a number of dedicated economic and industrial free zones. The most famous of these is the Jebel Ali area in the Emirate of Dubai, which is considered a global hub (KIZAD) due to its central location between East and West and its role as a navigation station for global trade flows together with Khalifa Industrial City Located in the Emirate of Abu Dhabi, it is one of the most important industrial cities in the world and a hub for industry, logistics and trade in the rest of the United Arab Emirates, thanks to its extensive strategic planning approach and many other industrial areas, Emirates noted, Advanced Special Economic Zone Corporation is the largest free zone operator in the UAE.
The UAE seeks to increase its visibility among global buyers, entrepreneurs, startups and the world's best talent market, striving to make business creation easier by removing existing barriers and opening up the economy, putting the country in a better position to prepare for the next 50 years.
What types of companies can investors set up in the UAE?
It is important to note that investors wishing to set up such a company must have a partner who is a citizen of that country (United Arab Emirates) or a GCC country, and the types of such companies that can be set up in the United Arab Emirates are as follows:
- Partnerships and limited partnerships
- Companies and individual business establishments.
Businesses with work-from-home permits
SMEs in Dubai.
One of the advantages of working in a Dubai Free Zone is that it is suitable for locating any type of job and worker and is home to many different types of companies. It is also worth noting that all free zones allow for 100% foreign ownership and full repayment of capital and offer training and events, in addition to the Dubai Multi-Commodity Centre which provides an efficient venue for start-ups, SMEs and large corporate communities To communicate from time to time and add value to the company.
* How TM can help you
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