Bin Thani Residence Bulding,
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Al Qusais, Dubai
Free Zone License
UAE Freezone Company Licensing
A Freezone constitutes a designated geographical area within the UAE that allows specific trading activities or designated sets of actions. Business setup in Dubai’s Freezone requires obtaining a specific license tailored to the nature of operations.
Dubai Freezone Licenses
Dubai Freezone licenses are issued based on the unique business operations conducted by the company. The number of Freezone in Dubai and the UAE is expected to grow in the coming years, offering diverse opportunities for businesses.
Freezone Authority (FZA) Oversight
The Freezone Authority (FZA) governs activities related to Freezone entities, including license issuance and operational supervision. Unlike mainland UAE companies, Freezone enterprises operate under a distinct legal framework.
Benefits of Dubai’s Freezone
Setting up a business in Dubai’s Freezone offers several advantages:
- Full Ownership Rights: Foreign investors can enjoy complete ownership of their businesses.
- Tax Exemptions: Companies benefit from complete tax exemptions.
- 100% Repatriation: Profits and capital can be fully repatriated.
- No Currency Restrictions: Foreign exchange constraints do not apply.
Dubai Freezone License Types
Upon approval, companies receive various types of Dubai Freezone licenses, including:
- Trade License
- Industrial License
- Service License
- National Industrial License
These licenses are renewable annually, contingent upon the validity of the lease agreement.
Choosing the Right Freezone
Selecting a Freezone jurisdiction aligned with your business type is crucial. Each Freezone caters to specific business activities, offering unique advantages and regulations.
Offshore Companies vs. Freezone Entities
While offshore companies share some benefits with Dubai’s Freezone entities, they differ in legal structure and operational scope.
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