What are some advantages of starting a business in the Freezone?

by admin | Aug 16, 2017 | FreeZone Company Formation Dubai

Establishing a business in the freezone allows 100 per cent foreign national ownership and there is no need of a local sponsor or local service agent. Waiver of corporate taxes (time-bound and renewable for further periods) Freezone companies are exempted from...

What is the difference between starting a business in Mainland and Freezone?

by admin | Aug 16, 2017 | FreeZone Company Formation Dubai

The main differences between an LLC and a free zone company (FZC) in the UAE are the mandatory requirements to open a business organization and the limitations of the business activities that are permitted. The limitation is that a free zone company can undertake...

What are the steps to getting a business license?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

Businesses that: conduct insurance activities need to obtain the approval of Ministry of Economy conduct transport activities should obtain the approval of Ministry of Interior offer legal consultancies must obtain the approval of Ministry of Justice sell firefighting...

Are approvals mandatory for running a business in Mainland apart from DED?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

Yes. In some cases, approvals of bodies other than the DEDs are required. Businesses that: conduct insurance activities need to obtain the approval of Ministry of Economy conduct transport activities should obtain the approval of Ministry of Interior offer legal...

What are the mandatory requirements for choosing a location for a business?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

It is mandatory that all businesses should have a physical address. The chosen location must comply with the requirements set out by the Department of Economic Development in the respective emirate and the zoning regulations of the local municipalities. In Dubai, the...