Meydan, Nad Al Sheba, Dubai, United Arab Emirates +971543452870 info@briskinternationals.com

Office Address

Meydan, Nad Al Sheba, Dubai, United Arab Emirates

Phone Number

+971543452870

Email Address

info@briskinternationals.com

Freezone Company

Freezone Company Formation

Free Trade Zones are areas in the United Arab Emirates (UAE) that are entitled to certain tax, customs, and imports regime. Each Free Zone caters to a particular commercial category of business and licenses to companies within those categories. These zones offer the benefit of full ownership to entrepreneurs. These areas are of special economic importance and can exercise their authority, and can freely work under their own regulations. An FZE or FZC can also be a limited liability company (LLC) governed by the rules and regulations of the Free Zone in which it is established. It is exempted from the provisions of the UAE Commercial Companies Law (CCL). With more than 40 Free Zones, the UAE has become the ideal business hub for foreign investors. You are free to open offices in any of the UAE free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ras Al Khaimah, and Umm Al Quwian.

A Freezone offers a host of advantages. The prominent among these are:

  • 100% Foreign Ownership
  • Freedom to open multi-currency Corporate bank accounts
  • 100% Repatriation of Capital and Profits
  • 100% Corporate and Personal Income Tax Exemption
  • Absence of currency restrictions
  • Freedom to undertake a range of licensable activities
  • Abundant and inexpensive energy
  • Modern and efficient communication
  • Ability to leverage logistic efficiencies due to business cluster effect
  • Serviced desks and offices for SMEs and start-ups
  • Excellent support services
  • Robust Start-up processes, labor and immigration procedures

Here are the different types of Licensing Options Available.

  • Requirements to Set up a Free Zone Company
    You have the option to set up a Free Zone Establishment (FZE) or Free Zone Company (FZC). The only distinction between an FZE and FZC is the number of shareholders. FZE can be formed with a single shareholder, while FZC can have two or more shareholders. You can establish a Branch or Representative Office of your existing or Parent Company based within the UAE or abroad.
  • International Free Zone Authority
    International Free Zone Authority (IFZA) commenced its operations in 2018 in Fujairah. IFZA inked a deal with Dubai Silicon Oasis Authority (DSOA) in 2020 for facilitating flexibility and ease of doing business. Based in the dynamic business and commercial hubs of the UAE, IFZA has a lot to offer. Its location is both favorable and strategic. The International Free Zone Authority in Dubai offers a multitude of business activities that range from over 1000. You can take advantage of their competitive packages and flexible business setup solutions. The authority gets you covered for 360-degree solutions for all the business setup requirements. If you wish to set up an IFZA Free Zone Company in Dubai, you can bank on Brisk International's reliable Company Formation Services.

International Free Zone Authority (IFZA)

International free zone authority (IFZA) was established in 2018 in Fujairah. It also has an office in Dubai.

Dubai Airport Free Zone (DAFZA)

DAFZA was established in 1996. It is located next to world’s busiest international airport.

Ajman Media City Free Zone

Ajman Media City Free Zone was established in 2018. It allows 100% foreign ownership.

Fujairah Free Zone Company

Ajman Media City Free Zone was established in 2018. It is located adjacent to port Fujairah.

Dubai Multi Commodities Center (DMCC) Free Zone

The Dubai Multi Commodities Centre (DMCC) was established in 2002 as a commodity marketplace in the heart of Dubai.

Jebel Ali Free Zone (JAFZA)

ebel Ali Free Zone was established in 1985. JAFZA is the leading free zone of the region.

Dubai Media City (DMC)

The companies are not liable to pay taxes to the government. Corporate taxes are also not collected from companies in the media city.

Ras Al Khaimah Economic Zone (RAKEZ)

No corporate and personal income tax, 100% ownership & profit repatriation, No customs duty on re-exported goods.

Sharjah Media City (SHAMS) Free Zone

Shams free zone is located in the Emirate of Sharjah, the cultural capital of the UAE. It provides very cost-effective licensing.

Ajman Free Zone (AFZ)

Ajman Free Zone is a free trade zone in Ajman. AFZ was established in 1988. 100% repatriation of capital and profits.

Hamriyah Free Zone

Hamriyah Free Zone was established in 1995. It is the home to the highest number of steel fabricators in the UAE.

Dubai South Free Zone

Dubai South Free Zone is the largest and leading global trade, business, and aviation hub.