If you want to have 100 per cent ownership of your company, regardless of the type of business, you need to opt for a license and location in one of the 45 free zones of UAE.
Free Zones are created to allow foreign investment with easier start-up processes, labour and immigration procedures, 100 per cent ownership for all nationalities and other legal services. Each free zone has its own authority and regulations, which are applicable to investors looking to set a company in those zones.
With over 45 Free Zones currently operating, choosing the right one can be time-consuming and confusing.
At Synergy, we offer impartial advice on the best Free Zone jurisdiction to incorporate your company.
For example for a company working in logistics or distribution, a Free Zone like Dubai Airport Free Zone or Jebel Ali Free Zone will provide suitable licenses, as well as warehousing facilities and excellent port access.
Main UAE Free Zones:
Dubai Multi Commodities Centre (DMCC) – Commodities Trade and Exchanges;
Jebel Ali Free Zone (JAFZA) – Trading, General Trading, Service, Logistics and Industrial;
Dubai International Financial Centre (DIFC) – Banking, Financial Services and Legal;
Dubai World Central (DWC) – Aviation, Logistics, Light industry and Ancillary Services;
Dubai Knowledge Park (DKP) – Human Resources Management, Training and Personal Development;
Dubai Internet City (DIC) – Internet and Communications Technology;
Dubai Media City (DMC) – Media related activities;
Dubai Silicon Oasis (DSO) – Information Technology, Telecom, Electronic and Engineering
Dubai Healthcare City (DHCC) – Healthcare, Medical Education and Research, Pharmaceuticals and Medical Equipment;
Ras Al-Khaimah (RAK) – Trading, General Trading, Service, Industrial and Educational;
Fujairah Creative City (FCC) – Media, Consulting, Communications, Design and Technology.
Making a choice for the correct Free Zone can be overwhelming, however, with a few questions, it is easy to identify which free zone is the best option for you, our specialist Free Zone consultants will be delighted to assist you.
Please contact us below for more information about setting up a Free Zone company in the UAE.
Comments