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Virtuzone assists with company incorporation across more than 40 UAE free zones. There’s no doubt a lot of information to review and much to consider when making the decision on which free zone is best suited to your specific business requirements, including location, price, business type, flexi-desk or office options, auditing and bookkeeping and share capital requirements, and much more. That’s where the Virtuzone team comes in, walking you through it step-by-step, steering you in the right direction, saving you money, and ultimately making the entire experience a stress-free one.
Advantages of Setting Up a Business in a UAE Free Zone
The main advantage offered by the UAE free zones is that foreign investors can retain 100% of their businesses without the need for a local partner. Outside of free zones, non-UAE residents are not allowed a majority stake in the business if that business requires a commercial or industrial license, and must therefore set up with a local partner who takes a minimum ownership of 51%. Other financial incentives of the UAE free zones include a 0% corporate and income tax rate, no customs duties levied on imports and exports, and the option to repatriate 100% of the profits from the business.
Another factor which can present fantastic opportunities to free zone companies is that many of the UAE free zones are sector specific. This gives its entrepreneurs ready access to a hub of knowledge and expertise from others within their field.
Steps to Set Up a Company in a UAE Free Zone
With Virtuzone as your UAE company set-up partner, you will be guided through the process step-by-step in a very transparent manner that gives you a full overview of exactly where you are at any given time of the set-up journey. We do all the heavy lifting for you so that you don't have to give anything a second thought, but we make sure you are well-informed along the way. While the entire process can take as little as seven working days, Virtuzone is doing a lot behind the scenes to ensure your UAE free zone company set-up is a complete success. The key steps include: