Free zone in uae

what is meant by Free zone in UAE. what are the benifits if a company is opened in Free zone in UAE 

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Among numerous advantages for a foreign investor setting up his/her business in a UAE free zone there are:

  • No personal income or capital gain taxes in the UAE
  • 100% ownership of the business
  • No corporate taxes for 50 years
  • 100% repatriation of capital and profits
  • Modern efficient communications
  • No recruitment problems
  • Attractive working environment
  • No currency restrictions
  • Excellent support services

There are various facilities available in the free zone areas which are favorable for running business operations:

  • Land for lease provided for investor development
  • Pre-built warehouse / factory / office accommodation units for lease
  • Executive office suites in the International Business center for lease
  • On-site accommodation for investor's personnel
  • Transportation links by air, by sea and by road
  • Abundant and inexpensive energy
  • Favorable cost of living

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