Free Economic Zones
24.09.2010
UAE – a country with the largest number of free economic zones (FEZ) in the Middle East. FEZ play, perhaps a key role in attracting of foreign investment. Business in the UAE, whether it be a business in Dubai or in any other emirate, is the most attractive and effective in the FEZ. There are big opportunities for enterprises with foreign investments in free economic zones.
Foreigners in the FEZ can open a company with 100% ownership of capital. Enterprises registered in the free economic zone are exempted from all taxes and customs duties, including taxes on exports and imports of goods and services. They were given the opportunity of complete and tax-free repatriation of capital. Starting a Business in the UAE – is a unique opportunity to conduct business in full economic and political stability. Also, starting a Business in the Emirates in the free economic zone will allow you to get a full-resident legal entity in the UAE, that has all advantages of an offshore company.
Starting a Business in the UAE also allows to minimize production costs. This is facilitated by a favorable geographical position of the UAE, convenient in terms of logistics. In addition, UAE has a developed transport infrastructure, cheap labor force and relatively cheap energy. In FEZ you can obtain licenses for most commercial activities: services, trade and production.
Today in the FEZ of UAE tens of thousands of different foreign companies are registered. With their help, the country attracted large volumes of foreign investment – Businessmen from the whole world are investing in commercial and residential real estate, as well as in creation of new industries and services in the UAE. That’s why the opening of business by foreign investors favorable to the UAE, and consequently the government is trying to support the further development of free economic zones.
Opening a business in the emirate of Dubai news for you will always be just perfect!
Foreigners in the FEZ can open a company with 100% ownership of capital. Enterprises registered in the free economic zone are exempted from all taxes and customs duties, including taxes on exports and imports of goods and services. They were given the opportunity of complete and tax-free repatriation of capital. Starting a Business in the UAE – is a unique opportunity to conduct business in full economic and political stability. Also, starting a Business in the Emirates in the free economic zone will allow you to get a full-resident legal entity in the UAE, that has all advantages of an offshore company.
Starting a Business in the UAE also allows to minimize production costs. This is facilitated by a favorable geographical position of the UAE, convenient in terms of logistics. In addition, UAE has a developed transport infrastructure, cheap labor force and relatively cheap energy. In FEZ you can obtain licenses for most commercial activities: services, trade and production.
Today in the FEZ of UAE tens of thousands of different foreign companies are registered. With their help, the country attracted large volumes of foreign investment – Businessmen from the whole world are investing in commercial and residential real estate, as well as in creation of new industries and services in the UAE. That’s why the opening of business by foreign investors favorable to the UAE, and consequently the government is trying to support the further development of free economic zones.
Opening a business in the emirate of Dubai news for you will always be just perfect!
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