CA
1877 Points
Posted on 14 December 2012
Among numerous advantages for a foreign investor setting up his/her business in a UAE free zone there are:
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No personal income or capital gain taxes in the UAE
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100% ownership of the business
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No corporate taxes for 50 years
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100% repatriation of capital and profits
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Modern efficient communications
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No recruitment problems
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Attractive working environment
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No currency restrictions
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Excellent support services
There are various facilities available in the free zone areas which are favorable for running business operations:
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Land for lease provided for investor development
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Pre-built warehouse / factory / office accommodation units for lease
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Executive office suites in the International Business center for lease
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On-site accommodation for investor's personnel
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Transportation links by air, by sea and by road
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Abundant and inexpensive energy
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Favorable cost of living