New Business Setup in Dubai Free Zone
Why Choose IMC?
Advantages of establishing a business in Dubai's Free Zone
- A separate License is required for the incorporation/registration of a branch of a local or foreign company
- The Financial Year typically aligns with the calendar year, spanning from January to December, except for the initial operational year, which starts on the Date of Incorporation
- 100% foreign company ownership is permissible
- Full exemption from import and export taxes
- Complete exemption from all commercial levies
- It is allowed to fully repatriate capital and profits
- No Corporate Profit Tax or Personal Income Tax is applicable
Business Setup in Dubai Free Zone
New Business Setup in Dubai Free Zone - FAQ
How to Start a Business in Dubai Freezone? Why it is beneficial?
Dubai Freezone is a foreign investor-friendly area in the city with complete ownership, tax exemptions, and simplified regulations. It's perfect for global companies to establish their presence in Dubai and access regional markets.
Is it possible to conduct trade with the local UAE market if I establish a business in a Dubai Freezone?
Businesses operating within Dubai Freezones mainly aim to cater to international markets. However, they can also engage in limited trading within the UAE market by joining hands with distributors, wholesalers, or local agents. It is important to note that selling directly to the local market may require additional approvals and compliance with local regulations.
Are there limitations on foreign investor ownership in Dubai Freezones?
Foreign investors who wish to set up their businesses in many Dubai Freezones can attain complete ownership, without the need for a local partner or sponsor. This unique ownership framework is a significant advantage that attracts international entrepreneurs to establish their businesses within these zones.
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