BUSINESS SETUP FREEZONE

Ayn Al Twar Dubai UAE

HOW TO SETUP BUSINESS IN FREEZONE, UAE?
WHAT IS FREE ZONE
A free zone is a segment of clearly defined and isolated land or setting, with a special tax, customs and imports regime, that is different from the mainland area (country) usually involving a status of extra-territoriality. Free Zones are planned for boosting international businesses through providing 100% ownership to expatriates and single window administration convenience. In UAE, free zones are either attached to ports or industry specific.
WHY FREE ZONE
The main idea of establishing free zones in the UAE was for them to serve as a central business hub for companies willing to conduct business with the outer world, not specifically in the UAE.
Therefore, UAE free zone companies are intended to operate within the corresponding free zone as a hub for the worldwide operations and are not licensed to operate within the rest of the UAE. As a result most of the free zone companies during the initial days were engaged in import and re-export activities. But today, a large majority of such free zone companies do business with their clients in UAE and GCC through their local distributors.