WIS assists with company incorporation across more than 40 UAE free zones. There’s no doubt a lot of information to review and much to consider when making the decision on which free zone is best suited to your specific business requirements, including location, price, business type, flexi-desk or office options, auditing and bookkeeping and share capital requirements, and much more.
That’s where the WIS team comes in, walking you through it step-by-step, steering you in the right direction, saving you money, and ultimately making the entire experience a stress-free one.
This type of company formation is designed to encourage foreign investment with easier start-up processes as well as lower overhead cost. Each free zone in Dubai and across UAE has its own authority and its own rules, which are applicable to investors looking for company formation in UAE Free Zones.
The main advantage offered by the UAE free zones is that foreign investors can retain 100% of their businesses without the need for a local partner. Outside of free zones, non-UAE residents are not allowed a majority stake in the business if that business requires a commercial or industrial license, and must therefore set up with a local partner who takes a minimum ownership of 51%.
Other financial incentives of the UAE free zones include a 0% corporate and income tax rate, no customs duties levied on imports and exports, and the option to repatriate 100% of the profits from the business.