If you are planning to register a business in Dubai to have an easy access to the international markets, then it is highly recommended for you to consider registering it in one of the many free economic zones of Dubai according to the nature of your business. If you don’t know already, Dubai offers a number of industry based free zones for foreign investors who search for markets that offers business friendly environment. By registering your business a free zone jurisdiction, your business will get a number of unmatched facilities and relaxations that will provide your business an opportunity to grow phenomenally.
The fact of the matter is that a majority of foreign investors who setup their businesses in Dubai prefer registering it in a free zone jurisdiction. There are a number of benefits that you will get by opting for a Dubai freezone company setup. Let’s take a look into a few of them:
- You will get to retain 100% ownership of your business
The major reason why most companies opt to establish their business presence in Dubai in one of its many free zones is that it makes it possible for them to retain complete ownership of their business. The fact of the matter is that the establishment of a business in Dubai mainland requires you to take on a local Arab sponsor. While this might sound simple, the fact of the matter is that the Arab sponsor will get to be the majority partner with 51% ownership of your business. For businesses that are just starting out, this wouldn’t really sound too appealing. For this reason, most end up opting to set up their business in a free zone. This way, it becomes possible for them to maintain complete ownership of their businesses.
- You will get to benefit from a tax exemption
To facilitate foreign investors and to add to the benefits of establishing a business in a free zone, the government of Dubai has offered a tax exemption benefit to all those who set up their business in a free zone. In the long run, this can save you a good deal of money.
- Easy registration process
When you get in touch with the PRO companies in Dubai, you will learn that the registration and licensure process for businesses that are established in a free zone is extremely easy and simple. There are no hard and fast laws to abide by and the entire process is sure to go by smoothly.