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Freezone

Free zones (free trade zones) are special economic areas that offer particularly favorable conditions for businesses. They were established to promote international trade in the region and allow foreign companies to hold full ownership. In the United Arab Emirates, especially in Dubai, these zones are a very attractive option for setting up a company. The incorporation process is straightforward and quick. They are clearly defined geographical areas with special regulations, such as tax and customs exemptions.

While there are some trade restrictions for businesses outside the zone, the advantages outweigh the disadvantages. Companies within these zones do not require office space or a minimum share capital. Furthermore, profits can be fully transferred. Some of these zones are universal and open to all types of business activities, while others are specifically tailored to certain industries.

Depending on the business area, different legal forms and types of licenses can be chosen.

Legal forms include:

Freezone Sole Proprietorship (FZE)
Freezone Limited Liability Company (FZCO or FZ-LLC) is similar to the German GmbH.

Advantages

Full company ownership : You are 100% the owner.
Simple setup : Settle in within a few days and you don't need to pay in any share capital.
Flexible workplace : A physical office is not necessary for most activities.
Tax exemption : 0% income and trade tax (9% corporation tax on profits exceeding the tax-free allowance)
Starting a business remotely : You can also start your business from another country.
Easy trade : You can easily import and export goods.
Long-term visas : You, your family and your employees will receive a 2-year visa.
Flexibility in licensing: Various licensing options for trading, service and consulting.