Free Zones are special economic zones set up with the objective of offering tax free, and free customs duty benefits to expatriate investors. Free zones are designed for boosting international business by providing complete ownership to the foreign investors. Free Zones in Dubai and the UAE are governed pursuant to a special framework of rules and regulations applicable to concerned free zone. Free zones in Dubai are managed and operated by free zone authority.
These free zones operate outside the federal Law or Laws of Ministry of Labor. A free zone company is the most fruitful legal entity that not only offers the benefit of 100% ownership to the investors or entrepreneurs but a host of other exclusive advantages that other legal forms do not have. Normally for setting up companies in UAE mainland, the expatriates need a local sponsor but through free zone companies the expatriate can set up their business without the local sponsor and he can enjoy 100% repatriation of capital profits. A free zone offers 100 % corporate and personal income tax benefit.
Most of the free zones in Dubai broadly offer trading, service, industrial, national industrial, and branch licenses to investors looking to set up their businesses. In UAE free zones are either attached to a port or industry specific. In free zones you can set up different types of companies based on your requirements.
AMAKE MY FIRM is the best thing that could have happened to you, if you are new to the UAE market. We combine first-hand knowledge of the UAE market and it’s business culture with an excellent network of investors, partners, vendors, Govt. departments and agencies. This way, we can help you with every aspect of starting and running a company in the UAE, all through its lifetime. This will ensure peace of mind for you and maximize returns from your Middle East operations. We are providing following types of business advisory services.
Advantages of offshore company incorporation enjoy 100% tax-free with full ownership with no UAE national involvement. No office space required, setup in 2 to 3 working days. Offshore company formation areas.
We provide arrangement of services for liquidation for all entities - limited liability companies, free zone companies and offshore companies across UAE.
Notice of Company's Dissolution & Appointment of a Liquidator: As a first step the company has to pass a resolution for dissolution (closing) of the company in the shareholders meeting. This resolution has to be attested by Notary Public in the case of Limited Liability companies registered in the UAE. If the shares holders are not available in the UAE, then the resolution has to be notarised and attested from the UAE embassy of that country and has to be attested and legalised from the Ministry of Foreign Affairs and Ministry of Justice in UAE. In the case of companies registered in most of the Free Zones attestation from Notary Public is not required. In this statement of resolution, the appointment of liquidator should also be included with the name of the liquidator along with their address. Further, in the case of sole establishments this step is not applicable.
Advantages of offshore company incorporation enjoy 100% tax-free with full ownership with no UAE national involvement. No office space required, setup in 2 to 3 working days. Offshore company formation areas.
The word “offshore” is mainly based on executing, managing and operating in foreign countries with benefits in financial, legal and tax. Emiratesca helps in offshore company formation in UAE. So the offshore company formation is the process in which the company operated or managed outside of the country in which it is registered or outside of the country in which owners and shareholders have residence. Emiratesca helps in offshore company formation in UAE.
There is a wide array of PRO Services in Dubai that Emirates Chartered Accountants Group offers to its clients. Our team is specialized in all the as PRO activities mentioned below:
Running errands is not always feasible and an easy task. Kress Cooper provides the most efficient PRO Services in Dubai with utmost commitment and excellence to our valuable customers maintaining crystal clear relationship with all the proceedings that we do. The PRO Service team assures that the work is commenced and progressed as per it has been committed to the clients.