Invest Your Money in Free Zone Company Formation in Dubai
Posted by mimolegal on February 19th, 2019
If you are a business individual and want to invest your capital in expanding your trade in a foreign country, then Dubai is the best option for you. It is the best option because the economy of Dubai is developing swiftly and it is a marketplace that provides you with the opportunity to connect to worldwide business associates and partners. As a foreign investor, you can think about free zone company formation in Dubai because it offers you several benefits. You can consult with a business formation consultant to know about the free zone company formation cost in Dubai and other formalities and can establish a company there to get the privilege of tax-free trading.
- In Dubai, the cost of establishing a company or business in the free zone will depend on the type of the zone as many free zones offer business formation such as DMCC, JAFZA, DIC, DMC, DIAC, and DWSC, etc. You can choose any free trade zone to set up your business and can get the help of a company formation consultant to start the process. The cost of business establishment in the free zone will also depend on the type of business you want to set up as your business formation consultant will provide you with the cost quotation before starting the official procedure for registering your company.
- You can expect to invest around 15000 AED as an average Dubai free zone company formation cost that excludes the cost of business visa and office setup. It is the cost that you require to fulfill the government conditions for registering your company and for obtaining the license for free zone trading. Your business formation consultant will support you to complete the required documentation for completing the registration process for business establishment and also help you in searching for the best location for the business set up with good infrastructure and facilities.
- As a foreign business investor, the significant advantage you will obtain for company formation is that you can carry out business transactions without paying any tax which means that you are the owner of 100% business profits and income. You can also get the privilege to have 100% business ownership as for free zone company formation you do not need to have the partnership with the UAE citizen and can also get freedom for import and export. You can also get full ownership for your business even if you want to open a branch or subsidiary company in Dubai.
Also See: Free Zone, Company Formation, Zone Company, Formation Consultant, Zone, Free, Formation
- For establishing a company in Dubai free zone, you can get fast track document clearance service from your consultant and can also obtain three years business visa along with your staff and family members to live there. You can even get support to find your living place with the company formation consultant and can get setup service for your business office. You can also set up a business in the free zone as a sole proprietary or partnership firm by obtaining the legal documents and forms from your consultant.