Free zone companies free of Corporate Tax?
01 Feb 2023Professional Services
UAE makes an attractive investment destination for foreign investors, largely due to its favorable geographical location, economic and political stability, progressive business regulations, and diverse talent pool.
However, the Free Zones, the separate designated areas for business where special corporate and tax regulations are applicable, make UAE a popular business hub.
Benefits of Free Zones for Foreign Investors:
- 100% foreign ownership
- Favorable regime for UAE VAT
- 100% exemption from customs duty
- Modern, sophisticated infrastructure
- Simplified procedures for set-up
- Better global market access
- 100% repatriation of capital and profit