As we all know career plays an important role in everybody’s
life. Some people prefer 9 to 5 jobs and some want to start their business to
achieve their own goals. If you are one of them who want to start their company,
then setting up business in Dubai Free Zone can be one of the ideal business decisions.
Dubai is one of the preferred investing destinations for the
foreign companies and most of businessmen come here because of Free Zones and
its business infrastructure. Start a business in Dubai is quite simple if you
are aware of important steps and legal procedures for company formation in UAE.
Benefits of company formation in Dubai Free Zone
There are plenty of advantages of Dubai Free Zone business setup like income tax free, 0% corporate tax and the person who has started business will have full possession of the foreign company. These are given as:
1. 100% Foreign ownership
2. No need of local sponsor or sleeping partner for business
setup
3. Local bank account ownership
4. Privacy of operations
5. Engagement with international business
6. No corporate tax for 50 years and can be renewable for an
additional 50 years
7. Easy recruitment procedures, work permits and Visas
8. Can wind up business at your own discretion
Free Zones in Dubai have always been top location preference
by the investors and businessmen to convert their dream into reality. If you
have decided to start your business in Dubai Free Zone then you will need a
reputed business setup consultant that will assist you through all procedures
for a successful company formation in UAE.
It can be related to business
registration, trade license, opening local bank account, visa processing and
other PRO services in Dubai, our business experts at Business Link UAE offer complete
guidance for business setup in Dubai Free Zone.