Dubai free zone business guide Archives | Business Setup Consultant in Dubai | Projectfrpjsc https://www.projectfrpjsc.com/tag/dubai-free-zone-business-guide/ One of the Best Business Setup Consultant in Dubai Sat, 25 Jun 2022 09:52:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.projectfrpjsc.com/wp-content/uploads/2019/09/cropped-fav-32x32.png Dubai free zone business guide Archives | Business Setup Consultant in Dubai | Projectfrpjsc https://www.projectfrpjsc.com/tag/dubai-free-zone-business-guide/ 32 32 Why Setup Company in the UAE https://www.projectfrpjsc.com/why-setup-company-in-the-uae/ https://www.projectfrpjsc.com/why-setup-company-in-the-uae/#respond Wed, 06 Jan 2021 13:37:50 +0000 https://www.projectfrpjsc.com/?p=9338 Know why you should opt for company setup in UAE. The diverse economy is one of the major reasons for new company formation in Dubai.

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Why Setup Company in the UAE

Company Setup in UAE

The UAE has been emerging as an ideal business hub in the past decade. Companies from all over the world have dipped their toes into expanding their existing business ventures into the booming economy of the UAE. One of the reasons being liberal tax laws, license policies, and an overall business platform. There has been wide acceptance of various forms of businesses. However, getting a little into depth, here is why you should opt for the company setup in Dubai,UAE.

Tax policies and administration

Tax administration is fairly lenient in the UAE as companies enjoy ease on corporate taxes, foreign exchange controls, trade barriers, etc. which allows them to generate capital efficiently and quickly. Investors/Corporate houses usually pick countries for businesses that could provide growth to their companies. Due to the convenient tax environment and various incentives available, Many foreign investors have started their company setup in UAE.

Flexibility on company formation policies

Company formation in Dubai mainland is quicker due to the efficiency of the system. A concise set of formalities for foreign investors and expats allows them to do business at ease. Under any business type, companies are given the advantage to carry out business transactions and other activities with their beneficiaries easily as the government avails many such benefits. With the right consultant and guidance company setup in UAE  becomes less of a challenge. Banking policies and all the prerequisites can be briefed through with respective consultancy with absolute transparency. 

 

The benefit of privacy laws

In the UAE, UBO regulations state to maintain a private registry of the UBOs concerned with the company and notify the registry in case of any changes taking effect. This might be a huge advantage for many companies who wish to maintain a certain amount of privacy in regards to their business propositions.

However, it must be kept in mind that in the light of easy exploitation of such laws the government requires companies to comply and check-off various OECD and anti-money laundering rules and regulations. One can make the most out of their Dubai offshore company setup through these policies and reforms. 

Diverse economy

The diverse economy remains one of the major reasons for various companies setting up company formation in Dubai from all across the globe. The UAE remains a financially stable economy for many businesses to operate in. Capital is, of course, a vital component of a company and the fact that the UAE’s economy is so versatile attracts many investors to it.

Dubai’s economy not only remains profitable for local businesses but foreign expats and conglomerates to branch out. Due to its consistent growth in pretty much every field, Dubai attracts companies from all over the world. 

There are a plethora of reasons why you should choose the UAE to set up your company. From government incentives to the technologically advanced environment, the UAE is an up and coming business hub. Providing a clean slate and a set of fresh opportunities the UAE continues to grow in terms of everything.

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Free Zone vs Mainland Company Setup in UAE https://www.projectfrpjsc.com/free-zone-vs-mainland-zone/ https://www.projectfrpjsc.com/free-zone-vs-mainland-zone/#respond Wed, 16 Dec 2020 06:52:36 +0000 https://www.projectfrpjsc.com/?p=9160 Get Mainland Company Setup in UAE with Projectfrpjsc. Projectfrpjsc assist clients interested in Dubai Mainland Business Setup in the UAE.

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Free Zone vs Mainland Company Setup in UAE

Dubai Free Zone vs Mainland Zone

1. Projectfrpjsc Intro

Projectfrpjsc is a management consulting services that assist clients interested in setting up their companies in the UAE. The solution to all your business and corporate needs can be fulfilled at Projectfrpjsc. Having 15 years of experience in commercial banking and Mainland Company Setup in UAE we use industry-specific knowledge and practice-led experience to meet our client’s expectation. Assisting companies with transaction banking and trade finance services, we have set up 1000+ companies to date and have affiliation with over 30 banks in the UAE to cater to your needs.

2. Free zone

Companies eligible for free zone license are allowed to practice in the same Dubai free zone or internationally. This set up comes with a lot of special jurisdiction that must be followed, such as the inability to carry our Freezone Company Formation in UAE in the local market. For expatriate partners, this can be a suitable option.

3. Mainland zone

Mainland zone companies are licensed by the DED to Dubai Mainland Business Setup and carry out business all over the UAE and in the local market without any restrictions.

4. Difference between Free zone and Mainland zone

To understand further, the differences between free zone and mainland zone here are some pointers:

 

FREE ZONE

MAINLAND ZONE

Scope of business You can do business in the same free zone or outside the UAE. in case of doing business in the local market companies have to pay 5% duty on local market invoices. You are allowed to do business anywhere in the UAE, and internationally without restrictions. 
Ownership Companies under the free zone do not need any approval from government officials. Exceptions may occur where the beneficiary has to obtain approval from external authority. Presence of a UAE National is not mandatory for every license as a local partner or local service agent. 100% ownership lies with the expatriate.
Office space Company may register to incorporate an office space or not. Companies may avail for Flexi desks/smart offices as per their need. Minimum requirement of 200 sq ft. of office space needs to be fulfilled for leasing and issuing of the license.
Visa facility Companies generally receive 2 visas but may be given 3-6 as well. To obtain further than the provided the company must lease a physical space in the region to be approved for more. There are no limitations in visas for mainland companies. But eligibility depends on office space. Larger space, more the number of visas the company may get.
Government authority approvals Requires standard government approvals and some external government authorities approval in departments such as medicine, education, food-related, or estate regulation etc. Do not require any specific approvals from authorities but may have exceptions where they may be required external authorities approval.

5. Why Projectfrpjsc is the best choice if you are looking to set up your company under the free zone and mainland zone in the UAE.

  • Projectfrpjsc is the right place for your Mainland Company Setup in UAE related needs. To provide a clear run-up on  the services we provide:
  • We assist clients with company administration, Opening a Bank Account and other relevant services.
  • We are a one-stop Dubai Free Zone Business Guide for business companies looking to set-up in the UAE as we provide resources that explore better business solutions (PRO services, Accounting, VAT, Auditing needs, etc.) and update and inform our clients with various business policies.
  • We help our clients choose the right bank to make their transactions efficient
  • We also focus on website designing and digital marketing as we chose the right tool for your growing business.
  • We provide our client with profitable and financially feasible options to set up companies (such as driving down the cost of the company set up). Apart from that our consultancy provides transparent and intermediary-free pricing.

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