When setting up business here in Dubai many companies are considering to settle in a free zone designated area

When setting up business here in Dubai many companies are considering to settle in a free zone designated area. 

When setting up business here in Dubai many companies are considering to settle in a free zone designated area.  Otherwise known as free economic zone, duty free zone, tax free zone, trade free zone or free trade zone � all these allow 100% foreign ownership and are exempt from all taxes. Each free zone has its own specific requirements on approved permitted business activity and regulations on the business set up.
 
The benefits of starting a business in a free zone area are:

• 100% foreign ownership of company
• 100% repatriation of capital and profits
• 100% free transfer of funds
• 100% exemption of import and export duties
• Quicker formation
• Inexpensive workforce and easy recruitment procedures
• Longer lease options
  Read more on our website https://www.exclusive-links.com/faqs/faqCommercials

Exclusive Links works closely in partnership with preferred companies who specialize in the administration and process of new company setups both in free zone and non free zone areas. Please contact our Commercial Manager Gary Walsh if you need assistance with this and would like to discuss what commercial properties we have available to suit your business model. https://www.exclusive-links.com/propertycommercial/

Read here and see the new laws that Sheik Mohammad has issued on free zones and special development zones.  http://gulfnews.com/business/economy/shaikh-mohammad-issues-law-on-free-zones-special-development-zones-in-dubai-1.1928587

Establishing a company outside a free zones requires a local (Emirati) sponsor and restricts foreign ownership to 49%.
 

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