Several entrepreneurs are intrigued by the opportunity to launch their companies in the tax-free environments of UAE’s several available free zones. Companies based in the Free Zone are not subject to any restrictions on the ownership of their business by foreign investors. In addition to this, a mostly independent Free Zone Authority is in charge of governing them.

An important point to make is that contrary to popular belief, a company based in a Free Zone does not operate under the same umbrella as offshore companies. Although they perform numerous structural roles that are comparable to one another, each has its own unique properties.

When you register a company in a UAE Free Zone, you have the option of having one hundred percent foreign ownership, repatriating your capital and profits without having to pay corporate or personal income tax, and transacting in any currency you choose without any constraints. Notwithstanding this, owners, directors, and employees can all continue to reap the benefits of resident permits that are handed out.

There needs to be a minimum of two shareholders for a company to be registered in a UAE Free Zone. It is possible that a comprehensive business strategy will be required. We may assist you in drafting a business strategy for your company if it is required.