Thursday 25 April 2013

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COMPANY INCORPORATION
UAE FREE ZONES 100% OWNERSHIP

Free-zones in UAE have different names sometimes called a free economic zone, duty free zone, tax free zone, trade free zone or free trade zone, UAE has more than 34 Free Zones & all free zones are geographically distinguished areas governed under laws and regulations different from the laws prevailing in the Mainland of UAE.
UAE FREE ZONES
·         100% ownership.
·         No tax on corporate gains or personal incomes
·         100% repatriation of capital and profits
·         Exemption from import and export duties

Free Zone Entity
The major attraction of setting up business in Free Zones is the 100% ownership allowed to foreign investors. The incentives for a Free Zone entity are
100% foreign ownership
Exemption from tax on corporate gains or personal incomes
Exemption from tax on corporate gains or personal incomes
No currency restrictions
Business may be set up in United Arab Emirates either as
Free Zone Company (allows 2 to 5 shareholders) FZC
Free Zone Establishment (with just one shareholder / owner) FZE
Branch / Representative Office of Foreign Company or UAE Companywww.dubaibusinesskey.com

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