Freezone Company Set Up

Freezone company refers to special economic zone establishment, where an individual proprietor or a business entity can enjoy exemption of tax and customs duty. Special economic zones are created to attract international business, where the local government provides total ownership to foreign investors.

All the free zone properties in Dubai and across UAE are managed and operated by an authorized department. The free zones are not governed by the federal law or Laws of the Ministry of Labor. Free zone businesses are believed to be the most profitable legal business in the UAE. Owners can enjoy a lot of benefits for gaining 100% ownership for their investment. There are many other advantages investors can gain by investing in free zone business establishment.

If you are planning to set up a business in the mainland of UAE, you will need the help of a local sponsor. However, in case of free zone business, there is no need for a local sponsor for the expatriate to set up a business. Also, the investor can enjoy a 100% return of capital profit along with 100% tax benefits on corporate and personal income.

UAE’s free economic zones invite investors to set up businesses, and local authority is ready to offer trading, industrial, service, branch and national industrial licenses to investors. Most of the free economic zones in the UAE are either located near ports or industrial areas. Investors can set up different types of businesses in free economic zones. They are:

• Single shareholder free zone establishment
• Two or more shareholder free zone establishment
• Branch of company free zone establishment

Free Economic Zones in Abu Dhabi

• The industrial city of Abu Dhabi
• Abu Dhabi Ports Company
• Abu Dhabi Airport
• Masdar City
• Twofour 54 Media and Production
• Khalifa Poer and Industrial zone

Free Economic Zones in Dubai

Dubai is a major business hub in the entire Middle- East and the major free economic zones in Dubai are;

• Dubai Airport Free Zone
• Dubai South
• Dubai Silicon Oasis
• Dubai Multi Commodities Center
• Dubai Biotech Research Park
• Jebel Ali Free Zone
• Dubai International Financial Center
• Dubai Maritime City
• Dubai Logistic City
• Dubai Flower Center
• Heavy Equipment and Trucks Zone
• Mohammad Bin Rashid Technology Park – Jebel Ali
• Meydan FZC
• Dubai Health Centre City
• Dubai Car and Automotive City
• International Humanitarian City
• Dubai Technology and Media
• International Media and Production Zone
• Dubai Textile Village
• Dubai Industrial City
• Dubai Carpet Free Zone
• JLT Free Zone
• Dubai International Arbitration Center
• Dubai Outsource Zone
• Economic Zones World (EZW) – Jafza International, Dubai Auto Zone, Techno Park, Gazeley
• Dubai Media City

Free Economic Zones in Sharjah

• Sharjah Airport Free Zone (Saif Zone)
• Sharjah Media City Free Zone (SHAMS)
• Hamriyah Free Zone

Free Economic Zone in Ajman

• Ajman Free Zone Authority

Free Economic Zone in Umm Al Quwain

• Umm Al Quwain Free Trade Zone

Free Economic Zones in Ras Al Khaim

• RAK Investment Authority (RAKIA FZ)
• RAK Free Zone
• RAK Industrial and Technology Park
• RAK Media Free Zone (RAKMFZ)
• Injaz Training Centre
• RAK Maritime City
• RAK Education Zone
• RAK Financial Centre

Free Economic Zones in Fujairah

• Fujairah Creative City
• Fujairah Free Zone

Benefits of Doing Business in the UAE’s Free Zones

• 100% Exemption from corporate tax
• 100% Exemption from personal income tax
• Tax Incentives

Get Incentives for Investment

• Take Back 100% of the total capital profit
• Enjoy 100% ownership

Hassle-Free Labor Recruitment Process

• Enjoy cooperation of other companies
• World-class infrastructure
• No bureaucratic red-tapism