business setup in dubai freezone – Vitta Financial Analysis & Consultancy LLC https://www.vittafinconsultancyllc.com Dubai Management Consultants for Business Consultancy Thu, 11 Jun 2020 09:27:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.15 https://www.vittafinconsultancyllc.com/wp-content/uploads/2018/10/cropped-Favicon-2-32x32.png business setup in dubai freezone – Vitta Financial Analysis & Consultancy LLC https://www.vittafinconsultancyllc.com 32 32 Free zones in Dubai https://www.vittafinconsultancyllc.com/free-zones-in-dubai/ https://www.vittafinconsultancyllc.com/free-zones-in-dubai/#respond Wed, 25 Dec 2019 11:01:05 +0000 https://www.vittafinconsultancyllc.com/?p=14751 UAE has been attracting investors from across the globe for decades. The country and specifically, Dubai, promises a fertile ground to grow and flourish your business.

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]]> UAE has been attracting investors from across the globe for decades. The country and specifically, Dubai, promises a fertile ground to grow and flourish your business. One can start their company on mainland, free zone or setup an offshore company in Dubai; the options are many. If you plan to start one in a free zone, the question of selecting the best free zone arises. All the free zones offer numerous benefits to its investors. Here we have listed some of the prominent free zones in Dubai.

Dubai International Financial Centre

DIFC is a leading financial centre in the Middle East, Africa and South Asia region. The free zone is home to more than 2000 active registered companies and around 30,000 people.

Banking, professional services, global corporations, insurance and wealth management are some of the prominent areas of business within DIFC.

DIFC has its own independent, globally regulated regulator and judicial system, common law framework, global financial exchange, tax-friendly regime, and a large business community and it aims to drive the future of finance.

DMCC

One of the fastest and largest growing free zones in the UAE, DMCC, connects more than 14,100 businesses and houses major multinationals and start-ups. The free zone is situated in the heart of Dubai and it offers world-class financial services, trading resources and investment platforms. The accessible location of the free zone makes trade with world’s key commodities market easier.

Gold, diamond, pearl, tea, agro and base metals are some of the main industry sectors in DMCC.

DAFZA

Dubai Airport Free Zone, a highly advanced and distinguished free zone, is a major contributor to Dubai GDP. The free zone is home to major international companies from diverse sectors such as electronic and electrical, IT and telecommunications, pharmaceutical and cosmetics, engineering and building materials, aerospace and aviation, logistics and freight, food and beverage, jewellery and precious stones as well as luxury items.

DAFZA launches various initiatives from time to time, to make it the most flexible and preferred location to do business. It hasn’t been long since the free zone decided to cut the business setup cost by 65 percent, a move that was appreciated by many.

JAFZA

Jebel Ali free Zone is the largest special economic zone in GCC, that plays a significant role in UAE’s economy.

JAFZA offers a perfect and flexible platform to do business, and it offers numerous benefits to its investors. The free zone became the first in the country to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative.

More than thousands of businesses from over 100 countries have established their base in the free zone and the number continues to rise.

Dubai silicon Oasis

Dubai Silicon Oasis is situated at the trade junction of Europe & Asia. The strategic location of the free zone makes it easily accessible from Dubai’s International Airport, Jebel Ali Port & Port Rashid, and central business district.

Dubai Silicon Oasis mainly houses companies that belong to Semiconductor Manufacturing, Electronic Manufacturing Systems, Microelectronics, Fabless IC Design, Test & Assembly, and optoelectronics related sectors.

Complete foreign ownership and hassle-free business setup procedures are the major highlights of these free zones.

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]]> https://www.vittafinconsultancyllc.com/free-zones-in-dubai/feed/ 0 Things to Keep in Mind When Setting Up a Freezone Company in Dubai https://www.vittafinconsultancyllc.com/things-to-keep-in-mind-when-setting-up-a-freezone-company-in-dubai/ Tue, 02 May 2017 06:34:40 +0000 http://aonold.acodez.ca/?p=10740 Dubai is considered to be one of the best countries to set up a business. It is very strategically located and connects the Eastern and the Western world. Setting up a Freezone company in Dubai is quite an attractive

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Dubai is considered to be one of the best countries to set up a business. It is very strategically located and connects the Eastern and the Western world. Setting up a Freezone company in Dubai is quite an attractive option for a foreign investor. However, Dubai has certain policies and as a foreign investor, you need to decide on certain things before you set up a company in the Free trade zone in Dubai.

If you are not very sure about the details that you need to plan before a free zone company set up in Dubai, then given below is a list of those details:

The most important thing that you need to decide is the nature of your business. There are certain business operations which are not allowed by the Dubai Freezone. So, before trying to set up a business here, make sure that the type of business you want to carry out is allowed by the Free trade zone in Dubai.

If you are planning to set up a business in Dubai, it is very important that you determine the legal structure of the business. This means that you need to list down the hierarchical structure of your company. The investor also has to give the details about the amount of money he wants to invest in the company in the Free trade zone in Dubai.

Every business requires its own set of facilities in order to operate properly. Before setting up a company in the free trade zone of Dubai, make sure that it has all the necessary facilities that are needed for your business to operate smoothly here.

So, it is very important that you keep the above mentioned things in mind before getting your company registered in Dubai Free zone. Without the relevant details, you will find it quite difficult to set up a company in Dubai Free zone.

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