Start a Business in UAE Free Zones / BMS Auditing

 Free Zone companies are licensed and controlled by the Free Zone Authorities. Free Zones are ideal for startups. To start a business there, the Business setup in the UAE Free Zone is comparatively a different process than to of a Mainland. 

The controlling body of the Free zones is not the same authority as that of the UAE Mainland Business or offshore Business, as Free zones are governed by each Emirate’s free zone authority. The main benefit of setting up a business in a Free zone is that the companies enjoy 0% tax on customs duties and complete tax exemption on imports and exports, thus making Free Zone more preferred destination for investors. 

Helping entrepreneurs set up a business with the best facilities and advantages is a challenge and the UAE authorities are loaded with opportunities for people looking to invest. 

BMS Auditing is a renowned enterprise that has years of expertise in establishing companies in all UAE Free Zones. Our business setup services follow all the regulations issued by the government and comply with all the laws to provide you the premium services. 

image with texts related to business setup in UAE Free Zones with added logos of all the free zones in UAE

Starting a Business in UAE Free Zones

To start a business in a UAE Free Zone, you need to choose a Free Zone, register your entity, get a Trade license & visa, and open a business bank account. UAE Free Zones have many benefits for both residents and nonresidents such as 100% foreign ownership, no taxes, etc for those who register a business in the zone.

The UAE government has free zones in different emirates, each designed for a specific business activity. There are over 44 free zones located all across the UAE that have been attracting foreign direct investment in the form of 200,000 companies. 

These free zones differ in focus, set-up pricing, and required paperwork, however, the basic requirements are all the same. 

BMS Corporate provides business setup assistance in these Free Zone areas: 

 

The Free Zones in the UAE are attractive administrations for investors who are looking for 100% ownership of their businesses. The concept of a free zone is to develop and promote business in various countries. 

Free zones enable 100% ownership, zero tax, and customs rights to company owners, and these benefits make free zones the most preferred choice for business setup. 

 

Why set up a business in Free Zones over Mainland?

Following are the reasons why you should choose free zones for business setup:

  • Allows 100% foreign ownership irrespective of the nationality of the investor
  • Companies are exempted from UAE corporate income tax
  • The process of setting up a business is simple and quick 
  • Ideal locality for both startups and small businesses
  • Adaptable for 24/7 operations
  • 100% returns on capital and profits
  • Fully exempted from corporate, personal, and income taxes
  • Easier procedures for start-up and licensing
  • UAE residence visa for 3 years
  • Can hire expatriates without restrictions

 

Steps to Setup a Business Setup in a Free Zone

Company Formation in the UAE free zone is easier, as the authorities request minimum documents and lesser duration. Following are the steps involved in setting up a business in the free zone:

steps included in starting a business in UAE Free Zones

https://www.bmsauditing.com/uae/en/services/uae-business-consultancy-bms-auditing/business-setup-in-uae-free-zones

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