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Freezone license setup services refer to the assistance provided to individuals or businesses who want to establish a company in a free zone. Free zones are designated areas within a country that offer various incentives and benefits to attract foreign investment and promote economic growth.
When setting up a business in a free zone, entrepreneurs or companies must obtain a freezone license, which grants them permission to operate within the designated free zone area. Professional consultants or business advisors provide guidance and consultation on the available free zone options, legal requirements, and procedures for obtaining a freezone license. They help assess the suitability of the free zone for the specific business activity and provide recommendations based on the client's needs and objectives.
What do Freezone license setup services include?
If you’re a bit confused about the services of the new license setup then you need to consider going with the points mentioned below:- Licensing and Permits: Freezone license setup services include obtaining the necessary licenses and permits required to operate within the free zone. This may include trade licenses, permits for specific activities, visas for shareholders or employees, and other relevant documents.
Documentation and Paperwork: Service providers help with the preparation and organization of all the required documentation, such as incorporation documents, business plans, shareholder agreements, and any additional paperwork needed for the free zone license application process.
Liaison with Authorities: The service providers act as intermediaries between the client and the free zone authorities, facilitating communication and ensuring a smooth process. They handle any queries or requests from the authorities and provide necessary clarifications or additional information as required.
Value-added Services: Some freezone license setup services may offer additional value-added services, such as assistance with office space or facility setup, banking and finance arrangements, recruitment of employees, and ongoing business support.
What Are The 5 Benefits of Choosing Freezone Company Formation for Your Business In Dubai?
Choosing free zone company formation for your business in Dubai can offer several advantages. Here are five key benefits:
100% Foreign Ownership: One of the main advantages of setting up a free zone company in Dubai is that it allows for 100% foreign ownership. Unlike in mainland Dubai, where a local partner or sponsor is typically required for certain business activities, free zones allow foreign investors to have full ownership and control of their companies.
Tax Benefits: Free zones in Dubai offer attractive tax incentives to businesses. Most free zones provide a tax-free environment, exempting companies from corporate and personal income taxes, import and export duties, and value-added tax (VAT).
Customs and Import/Export Benefits: Free zones in Dubai are designed to facilitate international trade. They offer simplified customs procedures, allowing businesses to import and export goods with ease.
Infrastructure and Business Support: Free zones in Dubai provide state-of-the-art infrastructure and business support services. They offer modern office spaces, warehouses, and manufacturing facilities equipped with advanced amenities and technology.
Repatriation of Profits: Freezone company formation in Dubai allows businesses to repatriate 100% of their capital and profits back to their home countries without any restrictions.
There might be tons of service providers but if you’re looking for the best services in terms of the business setup or the freezone services then make sure to go through the official website of Free Bird.