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What Is a Freezone? Why to Setup Business in Dubai Freezone?

by adeela hadait Digital Marketing Services

Numerous businesses are looking to set up a business in a freezone. Even though the idea has been shared and mentioned quite a few times, one needs to understand what are freezones and what is the potential benefit of establishing a business here. Let’s take an in-depth insight on what these freezones are and why to set up business in Dubai freezone:

What is a Freezone?

UAE’s government has created zones that provide special privileges to companies and businesses operating in them. These zones are called freezones. Within these zones, companies are given relaxation from the regulations enforced around other markets in the UAE. Relaxations such as exemptions from taxes, easy licensing with multiple licensing options, etc. are some privileges given. These zones are created for boosting trade and businesses proceedings.

Benefits Of Setting Up Business In Dubai Freezone

Here are some of the benefits that you can get for a freezone business setup in Dubai:

Beneficial for Business Growth

One of the many perks of establishing your business in the Dubai freezone is that it’s beneficial for your business’s growth. For starters, if you’re an entrepreneur starting your business, you can get your product launched and penetrated in the market in no time because of tax exemptions.

In addition, you can get several kinds of licensing options for your business needs. This makes things easier for you, speeding up the entire process for registering your business and getting started on trading.

100% Ownership Without Sponsorship

There’s no need to hire sponsors that would help you get ownership of your business. You can do this by filing the required documents yourself or getting in touch with third-party companies that specialize in this matter. Whatever choice you make; the process is fast-paced compared with other trading markets.

Tax Exemptions

Another good reason for investing in a freezone company setup is exemptions offered to businesses in these zones. From import and export duties to other regulated business taxes, your company stays exempted without any hassle.

This is done to enhance businesses and entrepreneurship, adding to more companies coming in the zones for business footing. It also aids companies to minimize their running costs, getting a better chance at progressing without financial distress.

Flexibility in Doing Business

From easy dealing with international clients to getting lavish warehouses and corporate buildings on rent, you get flexibility in running a business. You also get exempted from corporate tax, which can be renewed every 15 years.

In addition, you get discounts on renting office spaces, fewer renewal charges as well as the option of declaring liquidation at any time. all these perks make freezone business setup in Dubai a favorable choice for many.

Closing Thoughts

Now that you know how a freezone company registration in Dubai can be beneficial, it’s time to get started and run your business successfully by benefiting from all the perks mentioned above.


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About adeela hadait Freshman   Digital Marketing Services

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Joined APSense since, August 18th, 2020, From Islamabad, Pakistan.

Created on Jul 19th 2021 09:09. Viewed 456 times.

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