Obtain Great Tax Benefits With The UAE Free Zone Company Formation
Dubai is one of the spectacular cities to live, work and performs business in. Amongst the advantages it offers are the lack of taxes forced on companies and persons, the infrastructure which facilitates the organization of any sort of trading activity and the likelihood of setting-up companies in its over 30 free zones. Company Formation In Dubai
1. The vast number of Dubai free zones
The most imperative advantage of UAE Free Zone Company Formation is the vast number of free zones adjoining the emirate. Dubai is now a house to over 30 free zones; on the other hand some others under construction. It is also worth stating the statement the conditions for establishing firms in any of them are quite the similar.
2. The tax advantages offered by Dubai free zones
Company Setup In Fujairah Free Zone has numerous tax benefits; however, these advantages are also available in its free zones. Among these, we talk about:
- The deficiency of any taxes imposed on the commercial income of locally registered companies;
- One of the lowest value added taxes in the world at a rate of 5%;
- The free repatriation of advantages is available in all of Dubai’s free zones;
- Access to an extensive network of double taxation agreements done by the UAE.
Dubai free zone companies also advantage from exclusions on imports and exports. We can help with VAT registration services in Dubai.
3. The company registration procedure in a Dubai free zone is simple and hassle-free
It is quite easy and faster to register a company in a Dubai free zone than to form a business on the mainland. This is because the company merger process of a business in a Dubai free zone is done in one measure.