Free Zone Business Setup

Free zone Business Setup

Free zone business setup is a perfect option for those who need 100% ownership of the business and also do not require the overhead of local partner. There are various free zones in Dubai and the UAE and they are isolated lands or settings, with a special tax, customs and imports regime and governed by their own structure of regulations (with the exception of UAE Criminal Law). The UAE has several free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al Khaimah, and Um Al Quwain. Free Zones may also be broadly categorized as seaport free zones, airport free zones, and mainland free zones.

A free zone business setup has many displays such as for each free zone there is a separate body structure or authority which is responsible for the management of that free zone. The authority is liable for issuing licenses and employee visa. Each free zone authority holds its own rules and regulations to issue licenses. There exist no taxes for free a zone business setup, 100% foreign ownership and customs privileges. This makes free zones the most favorable locations in the Middle East for international operations.

RVG Consultancy provides a full range of certified services for your business to start a free zone company successfully in most free zones. We provide all support which you may require for registration of your new company and employment visas.

Characteristics of Freezone Company Formation:

100% Ownership

Freezone business setup is the best option for the expatriates because 100% ownership is given to a foreign investor in a free zone.

No import and export duties

Most free zone business setups have no import and export duties and have no limitation on hiring employees outside their jurisdiction.

Tax exemption

The main reason for having a Freezone company setup is the tax exemption. In the UAE all free zones are tax-free.

No trade barrier

Business setup in a free zone has no trade restriction. So any free zone company can have its own decision to trade with other companies all over the world with no restriction of trade quota.

Virtual office and Flexi desk

Virtual office and Flexi desk options accommodate a huge cut in the cost which otherwise is incurred for the office infrastructure, furniture, office supplies, and management staff.

Advantages of Free Zone Company formation

  • 100% foreign ownership is allowed
  • 100% repatriation of capital and profits possible
  • Zero personal or corporate income taxes, customs duties and import/export taxes
  • ery few restrictions on recruiting labor
  • Shared services and synergies with other companies
  • No bureaucratic red-tape
  • State of the art infrastructure
  • 3 years UAE residence visa

We at RVG Consultancy supervise the entire process of incorporation for our clients. It includes:

• Providing strategic input
• Organizing a business plan
• Getting approvals and clearances from different departments of the Free Zone
• Helping to open bank accounts
• Handle other documentation formalities

SMALL CHANGES, BIG SHIFTS

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