Free zones operating in UAE are becoming a golden opportunity for the investors as the UAE government is offering multiple advantages to the people who want to startup business in UAE or want help in company formation in UAE. IBG Consulting Middle East is also helping out the investors in company setup and other issues related to business setup.

Facts about Free Zones in UAE

5 Interesting Facts About Free Zones In UAE 1. Free Zone Company Formation offers 100% foreign ownership, 100% Tax exemption, 100% Repatriation of Capital and profits with international trading benefits. 2. Inaugurated in 1985, The Jebel Ali Free Zone or JAFZA was the first free zone in UAE currently the worlds largest free zone 3. There are over 40 free zones in UAE with 25 alone in just Dubai Ajman and Al Quwain are the recent additions to UAE's free zone roster 4. Each Free Zone can have its own specialized laws and policies for specific business type, Free Zones like Dubai Media City and Sharjah Media City for instance Facilitates business associated with Creative sector 5. Each free zone offer less documentation, faster Incorporation, Long term leasing options with easy recruitment of workforce and sponsorship of family/Dependents

Source: https://ibgme.ae/

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