© 2019 by Gateway Group Of Companies

FREE ZONE COMPANY FORMATION

The UAE is well known for its numerous free zones.  They are defined areas in which goods and services can be provided to other organisations within the specific zone or with overseas companies.

 

Free zones are often sector-specific, e.g. twofour54 is a free zone for media-related companies in Abu Dhabi.

Free zone licenses are only valid for the zone in which they were issued.

 

 

To sell goods to the mainland, an agent or distributor must be appointed.

Free zone companies can now operate onshore via a Dual License if they meet the criteria (see below).

6 Steps To The Best

Free Zone Entity Registration

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NAVIGATING

THE COMPLEXITIES OF EXPANDING IN THE UAE

WITH JENNY HUNT

What's In It For You?

01

100% foreign ownership allowed.

02

Zero corporation and income tax.

03

No customs duty.

04

100% repatriation of capital and profits.

05

Independent regulations.

06

Choice of structures: an entity with a limited liability or a branch of an overseas parent company.

07

Paid up capital is not required (some free zones).

08

No requirement to be in-country for the incorporation (some free zones).

09

Ability to apply for UAE visas with a validity of three years.

10

Ability to incorporate holding companies (some free zones).

11

Selection of business activities including consultancy services, trading and industrial.

12

No physical office requirements (some free zones).

How your free zone company can legally operate onshore in the UAE

As part of the UAE’s initiative to attract foreign investment and provide more opportunities, dual licenses were introduced.

Dual licenses enable free zone companies to operate onshore.

 

With a dual license, free zone companies can supply to government departments.

 

Dual licenses are only applicable for certain activities.

Set Up Your Free Zone Company With Gateway

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CEO Today Middle East Awards 2019 (Jenny Hunt)

 

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