The Guide: How to start a business in the UAE

Danny Watson October 11, 2021

At Creative Zone, we have extensive local and international expertise in assisting people and businesses to set up an Abu Dhabi-based offshore company. Our UAE business advising knowledge encompasses a wide range of industries. UAE business issues are well known to us, who can help you start up your company here, with all the legal processes and laws.

What are the benefits of establishing your company in a free zone?

Entrepreneurs should know what Free zones have to offer before making a decision. Getting the lowest free zone license in UAE 2021 has several advantages for foreigners. Establishing a company in a Free zone has several advantages:

Ownership by a foreign entity

Full ownership rights are one of the most enticing advantages of locating a business in a free zone. An investor can have 100 per cent ownership in a free zone without a sponsor from the UAE.

Exemptions from corporate and individual taxes

One of the most obvious reasons to start a business in the UAE is because of the tax laws. In Dubai, you may get a free zone license for the lowest price because the free zones are tax-free for both individuals and corporations.

Setup is a breeze.

In Dubai, obtaining a free zone license is a simple process. Your choice of business operations may have an impact on the exact company formation procedure. However, you need to gather the bare minimum of papers to get things started for the most part.

Duty-free imports and exports

With no import or export tariffs and no currency limitations, the UAE’s jurisdiction benefits company owners. When currency exchange rates are flexible, it’s easier to conduct business.

Governmental assistance

The administration of the United Arab Emirates, which benefits from world-class infrastructure, is open and friendly to new businesses. New firms in Dubai are helped by the free zone authorities to obtain a free zone license and continue to do so.