Free Zone Companies in the UAE
Terracotta Outsourcing
Employer Of Record Services in UAE: Visa, Outsourced Payroll, PRO and Business Setup. Contact: inquiries@terracotta.inc
A Free Zone Company is a company formed within a special jurisdiction in a particular Emirate. Approximately there are over 40 Free Zones operating in the UAE, each has its own regulations and a government regulatory body called “The Free Zone Authority” that manages all regulations and laws related to companies operating inside that particular Free Zone.
Setting up a business in a Free Zone:
The Free Zones of UAE present a huge trading hub of the MENA region due to the business-supporting regulations offered by the UAE Government and the Free Zone Authorities. Anyone can setup a Free Zone Company in UAE with an affordable registration fee.
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Advantages of Free Zone companies:
Free Zones in UAE are attracting foreign investors because of low taxes. Overall UAE Free Zones have marginal corporate taxes for foreign investors when compared to their home countries.
Free Zones in UAE offer investors a variety of Low-Cost Business License Packages to easily set up a company in UAE. There are many such competitive offers from the 40+ Free Zones of UAE. The business Setup Cost of a Free Zone depends on various factors such as the business license type, nature of the business activity, pre-approvals, office space, specific location, budget, and more.
A professional business setup service provider can play a crucial role in establishing your business in one of UAE’s Free Zones, they do not just liaison between you as the business owner and government entities and Free Zone Authorities, but they also act as an extension of your company and consult you in the best practices to setup your business in full compliance with local laws and regulations, which saves you a lot of time and effort later if you have plans to grow and expand your business in UAE and MENA region.