Novelty assists with company incorporation across more than 50 UAE free zones. There’s no doubt a lot of information to review and much to consider when making the decision on which free zone is best suited to your specific business requirements, including location, price, business type, flexi-desk or office space options, auditing and bookkeeping and share capital requirements, and much more.
That’s where the Novelty team comes in, walking you through it step-by-step, steering you in the right direction, saving you money, and ultimately making the entire experience a stress-free one.
Advantages of Setting up in a Free Zone What are the main benefits to starting your company in a free zone and how do they each operate?
Retain Ownership
The main advantage offered by the
UAE free zones is that foreign investors can retain 100% ownership of their
businesses without the need for a local partner.
Business License
Some business categories require
prior approvals from certain authorities. Contact us today for a free
consultation. One of our experts will guide you through the necessary
requirements to start your business.
Financial Incentives
Other financial incentives of free zones includes a 0% income tax rate, no customs duties levied on imports and exports, and the option to repatriate 100% of the profits from the business.
Sector-Specific
Another factor that can present fantastic opportunities to free zone companies is that many of the UAE free zones are sector specific. This gives its entrepreneurs ready access to a hub of knowledge and expertise from others within their field.