One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Advantages of establishing a company in Free Zone Dubai

١٨ يونيو Advantages of establishing a company in Free Zone Dubai

Advantages of establishing a company in the Free Zone Dubai. Establishing a company in the Free Zone Dubai is a strategic decision that can have a significant impact on the growth and success of a business. Dubai, as one of the most prominent global commercial centers, provides an ideal environment for investors through the Free Zones that offer a range of unique advantages. Cooperating with Itqan Company in this process can add great value to the establishment experience, as Itqan offers its extensive experience to support investors in every step of establishing companies. By taking advantage of the advantages provided by the Free Zone, such as tax exemptions and customs facilities, new companies can achieve significant benefits and increase their competitiveness in the market.

Itqan Company provides customized consultations that help determine the best free zone that suits the type of business activity and the company’s specific needs. Itqan also contributes to accelerating the establishment process by providing support in preparing documents, submitting applications, and interacting with government agencies. This cooperation guarantees investors a smooth transition from the idea stage to the actual operation stage with the least amount of potential challenges and problems. The Free Zone in Dubai not only provides administrative and logistical facilities, but also gives full freedom of ownership to foreigners, which enhances investment opportunities and encourages innovation and growth. Thanks to the specialized support of Itqan, investors can make the most of these opportunities, making opening a company in Free Zone Dubai a crucial step towards success and sustainability in the business world.

Advantages of establishing a company in Free Zone Dubai

Advantages of establishing a company in Free Zone Dubai

Tax advantages of establishing a company in Free Zone Dubai

Dubai is one of the world’s leading business and investment destinations, thanks to its advanced infrastructure, flexible economic environment, and the many benefits it offers to businesses. Among the options available to investors, free zones or “free zones” stand out as a preferred option for establishing companies, due to the competitive advantages they provide. One of the most prominent of these advantages is tax exemptions, which play a major role in attracting businessmen and investors from different parts of the world.

  • Complete exemption from income tax: Companies operating in the Free Zone in Dubai benefit from complete exemption from income tax, which contributes to increasing the company’s net profits. This exemption includes income resulting from commercial operations within the Free Zone as well as from export.
  • Exemption from corporate tax: Companies in the Free Zone are exempt from paying corporate taxes, which makes the business environment more attractive and reduces the financial burden on new companies.
  • Customs exemptions: Companies established in the Free Zone enjoy customs exemptions on imports and exports. This means that companies can import and export goods without having to pay customs duties, reducing operational costs.
  • Speeding up procedures: Free zones provide easy and quick procedures for registering companies and obtaining the necessary licenses, which saves time and effort for investors.
  • Government support: In many cases, Free Zone provides additional support such as financing facilities or special incentive programs for startups.

Thanks to these advantages, Dubai free zones are considered the ideal choice for investors who want to enhance the growth of their business while benefiting from a favorable tax environment and competitive advantages that make Dubai an attractive destination for business.

Customs facilities provided by Free Zone

Customs facilities provided by Free Zone

Customs facilities provided by Free Zone

Establishing a company in the free zone is considered one of the basic pillars that support the thriving business environment in the city, as it provides a suitable commercial environment that contributes to attracting investments and promoting economic growth. Among the many advantages offered by Free Zone, customs facilities stand out as a major factor in accelerating and facilitating international trade operations. These facilities provide further opportunities for companies to reduce costs and enhance their competitiveness in global markets.

  • Exemption from customs duties: Companies in the Free Zone benefit from customs exemptions on imports and exports. This means that companies can import raw materials and goods without paying customs duties, reducing production costs and increasing their competitiveness.
  • Fast and simplified procedures: Free Zone provides simplified and fast procedures for customs clearance. These measures include speeding up the permit, import and export processes, which reduces waiting time and increases the efficiency of business operations.
  • Facilities in inventory management: Free zones provide facilities in inventory management through advanced storage facilities, allowing companies to store large quantities of goods without having to pay additional storage fees.
  • Flexible export procedures: Companies in the Free Zone can export to global markets easily and conveniently thanks to simplified customs procedures. This facilitation includes reducing the required paperwork and accelerating the certification and inspection processes.
  • Integrated logistical support: Free Zone provides integrated logistical services that include transportation, warehousing and distribution, which enhances companies’ ability to manage supply chains effectively.

Through these facilities, Dubai’s free zones enhance companies’ ability to expand and grow in global markets, making Dubai a preferred destination for international trade and investment.

Our company’s role in establishing a company in Free Zone Dubai

In conclusion, establishing a company in the Free Zone Dubai represents a great strategic step for any investor seeking to achieve success and growth in a world-class business environment. The advantages offered by the Free Zone, such as tax exemptions, customs facilities, and complete freedom of ownership for foreigners, make it a preferred destination for investors from various sectors. Free Zone provides advanced infrastructure and integrated facilities that support business activities and help accelerate growth and achieve business goals.

Cooperation with Itqan Company greatly enhances the chances of the success of the process of establishing a company in the free zone , as Itqan provides specialized support that includes consultation, guidance, and the necessary administrative services. By leveraging Etqan’s expertise, investors can simplify the complex process of establishing a company, from choosing the appropriate franchise and submitting the required documents to dealing with government procedures. Itqan reduces the time and costs associated with incorporation, allowing investors to focus on developing their business and achieving their business goals.

Cooperation with Itqan also ensures full compliance with all legal and administrative requirements, which enhances the chances of project success and continuity. By providing customized and detailed solutions, Itqan contributes to making the most of the advantages provided by the Free Zone, helping companies achieve sustainable growth and innovation.

In the end, establishing a company in the free zone , supported by the expertise and guidance of Itqan Company, is a strategic step towards achieving success in the business world, which enhances your ability to compete and grow in the dynamic business market.

Frequently asked questions about establishing a company in Free Zone Dubai

What is the Free Zone and how does it differ from other commercial areas in Dubai?

Free Zones are special economic zones in Dubai that provide a flexible business environment and special benefits for investors. It differs from other commercial areas in Dubai thanks to tax exemptions, customs facilities, and complete freedom of ownership by foreigners, which makes it an attractive destination for establishing companies.

What are the tax advantages of establishing a company in Free Zone Dubai?

The Free Zone in Dubai offers tax exemptions, including no taxes on profits, and no value-added tax for some commercial activities. It also provides exemption from import and export tax, which significantly reduces operational costs.

Can foreign investors own the entire company in the Free Zone?

Yes, one of the most prominent advantages of Free Zone is that it allows foreign investors to fully own the company without the need for a local partner. This provides a high degree of control and flexibility in managing the business.

What customs facilities do Free Zone provide?

The Free Zone provides customs facilities that include exemption from import and export duties for materials and goods entering and leaving the Free Zone. This contributes to reducing logistics costs and helps speed up the movement of goods.

How does the Free Zone contribute to accelerating establishment processes?

Free Zone contributes to accelerating establishment processes through simplified and quick registration procedures. The procedures are usually less complicated compared to other regions, which reduces the time needed to obtain a license and start a business.

Are there specific requirements for office locations in the Free Zone?

Yes, requirements vary depending on the Free Zone you choose. There are usually a variety of offices and facilities that can be rented, and some free zones offer shared or virtual office options.