Company formation is not the point from which your business history begins. Before even completing the official registration, you should think through lots of things that eventually will determine your future success. Today, there are a lot more business opportunities than you might think, such as establishing a business abroad. The UAE offers amazing conditions for new businesses through free zones, such as Ajman UAE, Abu Dhabi, Dubai, Sharjah, and others. In this article, you will find more interesting information about them, as well as the reasons explaining why establishing your business in this country might be a good idea.
Initial Information about the UAE Free Zones
Free Zones in the UAE have a special economic regime, and they are governed by their own set of regulations. They are divided into several categories by their location, including:
- Seaport zones;
- Airport zones,
- Mainland zones.
Each of the zones has been designed to foster the development of certain business types, which means that you will be able to get a license only if your business matches these requirements. When it comes to registering a company in one of the UAE’s free zones, you have two ways to go:
- Establishing a new company;
- Registering a branch of your company headquartered in another UAE region or country.
Reasons to Found a Company in the UAE
Below, you will find a list of the most significant reasons to establish your company in the UAE:
- Operating in a global economic center;
- Favorable taxation;
- Great infrastructure;
- Quick and easy registration procedures;
- Easy employment procedure;
- Obtaining a three-year visa for a business owner and his/her family members.
You should also keep in mind that while competition will not be easy, free zones in this country have been created to actually help in the development of certain business industries, so you will have enough space to run or even expand your business. You just need to choose the right zone depending on your business type.