FreezoneMarket.ae

FreezoneMarket.ae

Many entrepreneurs all over the world wish to conduct business in the United Arab Emirates. This is because; UAE offers good benefits that are attractive to entrepreneurs in different parts of the world. Unlike in most countries where the charge on tax is extremely high, it is hectic to acquire a trade license and sometimes, you will encounter difficulties when you want to pursue your trade license renewal.

UAE offers low taxes on business. The country is at a good location where it is easier for businesses to thrive and emerge quickly. https://freezonemarket.ae/The UAE government ensures that it offers enough support that will help entrepreneurs nurture their businesses well. These are meagrely basic reasons why an entrepreneur will choose to start a business in UAE.

Freezones in UAE 

You may be wondering what a freezone is. As an entrepreneur, working in a different country can be challenging because the grounds may not be familiar to you. A Freezone area allows an entrepreneur to trade goods and services at preferential tax and customs rates. The business does not necessarily have to be a physical store.

Business ideas in UAE are numerous because the country has plenty to offer to entrepreneurs. You need first to understand the requirements and how best you can work within the rules and regulations. You will need to acquire a Freezone visa, know the basics of business set up services and if it is an ecommerce business, know how you will get an ecommerce license in UAE. You will need to have a Freezone license.

The main mission of Freezone markets in UAE is to boost international businesses by offering them great benefits. Most entrepreneurs in UAE have 100% ownership of their companies in UAE, something which is uncommon in most states for entrepreneurs.

Freezones in UAE include;

• Sharjah freezone
• Rak freezone
• Abu dhabi freezone
• Dwc freezone
• Dmcc freezone

Over the years, most businesses that work around the Freezone market have benefited from them in numerous ways. Freezones are such attractive business setups in UAE.

Why Set up a Business in UAE?

UAE offers you numerous reasons as to why you should set up a business there. Below are some of the reasons.

https://www.vz.ae/blog/what-is-a-free-zone-and-why-should-you-consider-one-for-your-company-setup

1. Foreign Ownership

You will only be able to have 100% ownership of your business in UAE if you set it up in the designated freezones. Most entrepreneurs from various countries planning to have a company set up in the UAE mainland have to work with a local partner to do business. Well, that is not the case for freezones.

2. Easy Set up

The setup process of a business in foreign lands is usually not an easy one. There is a lot that an entrepreneur needs to do for them to set up one successfully. That is not the case in freezoones. Starting a business in the UAE Freezone is a straightforward process. The process will only differ depending on the types of business you want to engage in and the freezone you will choose.

For instance, the Fujairah Freezone authority requires that you provide basic documentation like copies of your passport and business paperwork. It will take up to two weeks to have your business approved. You will receive Flexi-desk and virtual packages that will enable you to use Freezone addresses and facilities based on ad-hoc.

3. Trading with UAE

As an entrepreneur in the Freezone market in UAE, the government does not permit you to do business with the local market in the country. However, you can overcome this by coming up with an agreement with a local distributor. He will put your goods and services in the local market at a fee, of course. This is how most rak Freezone companies operate because, as an entrepreneur, your main mission is to expand your business horizons.

https://gulfnews.com/business/company-releases/big-benefits-for-uae-business-set-up-free-zones-offer-multiple-advantages-to-global-investors-1.1617785932672

You may also decide to open branch offices of your business at a later date after you establish your business in the freezone market. The main purpose of these branches will be to market your goods and services and steer yours ahead in the UAE mainland. Business setup in UAE Freezone is not as hard as you may think. You can set up your business in any Freezone that you desire, such as dwtc and dmcc. You can plan a business set up in Sharjah as well.

4. Support and Assistance

You will receive support mainly from the Freezone authorities when you want to set up your business. Acquiring an ecommerce license or the cheapest freelance visa in UAE will be easier and faster for an entrepreneur. The Freezone authorities will assist in applying for visas for both shareholders and their dependants like children and spouses.

They will assist you in opening corporate bank accounts and advise you on the best bank that will satisfy your needs. The Freezone authorities will help know different activities in the Freezone markets, for example, the Abu Dhabi trade license activities list. All these will help your new business get up and running.

Freezone market.ae is among the best options you can have when planning to start up a business in UAE. It has so much to offer for new businesses and entrepreneurs. The privacy-conscious of an entrepreneur is important and Freezone authorities will offer you that.