Freezone means a special economic zone in UAE where business owners get the advantage of having 100% ownership and exemption from the tax and a lot more. There are more than 40 free zones in the UAE. The entrepreneur is permitted to do the business only in the allocated Freezone and outside UAE. Freezone doesn’t require any local sponsor or local service agent. Reddy’s business setup provides you with the whole process of starting Freezone company in Dubai. To start a Freezone setup in Dubai investor has to choose a local partner. Many foreigners show interest to start a Freezone company in UAE as there are so many benefits.
The foreign investor can enjoy total ownership of the firm. There is no need to assign the shares to any UAE local sponsor. So, for Freezone company formation, the role of a local sponsor is almost negligible to start or run the business in the free zone.
Benefits of Freezones:
We provide reliable service and all kinds of assistance such as accounting, auditing, trade services, documentation, licensing, registration, establishing the office in the free zone, offshore and mainland along with all types of visa and pro services.
- 100% ownership of the business
- 100% tax-free
- 100% import/export tax exemption
- 100% repatriation of profits
- 3 years visa for investors, staff, and family members
- Virtual office facility
- Independent bank account opening
We are the Authorized Businesses Partner in HFZA (Hamriyah Free Zone Authority), IFZA (International free Zone Authority), Shams (Sharjah Media City free zone), SPC (Sharjah publishing City FreeZone), MeydanFZ (Meydan Free Zone).