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Freezone areas are those designated business zones where corporate and personal income taxes are scaled down to 0%. Choosing a free zone can depend on many factors: the nature and type of business, the size, flexibility and availability of office space, location, and pricing.
A Dubai Freezone is a designated geographic area within the city where foreign investors can set up and operate their businesses with various incentives such as 100% foreign ownership, tax exemptions, and simplified regulations. It provides an attractive environment for international companies to establish their presence in Dubai and access the regional markets.
In most Dubai Freezones, foreign investors can enjoy 100% ownership of their businesses, without the need for a local partner or sponsor. This liberal ownership structure is a key advantage that attracts international entrepreneurs to establish their businesses in these zones.
UAE is a favorite business hub for investors who wish to expand their existing business or start with their new ventures. UAE offers multilingual and highly advanced personnel along with a stable regulatory environment and a progressive culture of innovation, which makes incorporating a business in UAE a lucrative opportunity for business persons. The popularity behind free zone business setup Dubai and business incorporation in UAE can be credited to its prospering economy and abundant resources.