Freezone is a special trade zone set up by the government to attract business activity. They offer a range of benefits such as a low-cost quick set and significant tax concessions. Each Freezone business setup in UAE specializes in particular business activity. Provides a conducive environment for business with like-minded businesses and people in the area. Each free zone is an independent regulatory body and is governed by the rules of that free zone.
Approximately 40 Free Zone are operating in the UAE, with more under developmental process. Each Freezone company formation is designed following one or more commercial categories and only offers licences to companies within those categories.
To expand the company business and increase profit efficiency it is important to extend the operational base. Freezone company setup guarantees a prosperous future for businesses with strong capital support. In addition to that, the main attractions of establishing an entity in one of the UAE’s Free Zones is that there are no foreign ownership restrictions and companies are governed by an independent Free Zone Authority (FZA), which is responsible for issuing operating licences and regulating the activities of companies within the Free Zone.