Thursday, September 3, 2009

Free Zones in the UAE

Free Trade Zones have been set up with the specific purpose of facilitating investment. The procedures for investing in the zones are relatively simple.

The Companies operating in the Free Zones are treated as being offshore, or outside the UAE for legal purposes.

The free zones are suitable for companies intending to use UAE as a regional manufacturing or distribution base, with the bulk of their business outside the UAE.

Free Zone Incentives
  • 100% foreign ownership
  • Exemption from all import duties
  • 100% repatriation of capital and profits
  • Freedom from corporate taxation for 50 year
  • Inexpensive energy
  • Efficient recruitment procedures ensuring the availability of a skilled and experienced workforce
  • A high level of administrative support.

1 comment:

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