Thanks to developed infrastructure, Dubai in recent years has become one of the best places in the world to live in and develop your own business. The main reason, which made foreign investors focus their attention on this region, is the absence of many taxes for a wide range of activities.
Many businesses shy away from investing in the UAE due to the compulsion of having a UAE national as a partner with 51% shares owned by them. Because of this, Free Zones have become a popular form of business registration in the UAE, where 100% foreign ownership is allowed.
A Free Zone, or Free Trade Zone, is an area with special tax-free status and low trade barriers where goods can be manufactured, imported/exported, handled, or reconfigured without paying any customs duty. Free Zones are generally located in strategic geographical locations like national borders, international airports, and major seaports, to maximize trading advantages.
Read More
The United Arab Emirates (UAE) is a federation of seven emirates or states, each with its own unique character and personality but united with a common goal and destiny.
The most adopted legal structure in mainland UAE is a Limited Liability Company (LLC) and a Branch Office (Branch). In addition,