To encourage and boost foreign trade and investment, free zones are established in UAE. Free zones offer a wide range of business incentives which include 100% foreign ownership of companies eliminating the need of a local partner, and imparts low cost operational environment, 100% repatriation of capital and profits, 100% Corporate, Personal Income Tax exemptions, Exemption from all import and export duties, abundant and reasonably-priced energy, among others.
Registering your company in a free zone: