Freezone Business Setup in Dubai
October 20, 2023 ⚊ 1 Min read ⚊ Views 26 ⚊ BLOGSetting up a business in a Dubai Free Zone can offer several benefits for entrepreneurs and companies looking to establish a presence in the United Arab Emirates (UAE). Free Zones in Dubai are designed to attract foreign investment and promote economic growth. Here are some of the key benefits of setting up a business in a Dubai Free Zone:
100% Foreign Ownership: In most Dubai Free Zones, foreign investors can own 100% of their businesses without the need for a local sponsor or partner. This level of ownership is not typically available in the mainland UAE, making Free Zones an attractive option for international businesses.
Tax Benefits: Dubai Free Zones often offer tax incentives, including exemptions from corporate and personal income taxes for a specific number of years. This can result in significant cost savings for businesses.