children children children

Free zone and Offshore Company Formation

IDC handles the complete Free Zone and Offshore business formation process as well. We don't encourage our clients to get caught up in the hype endemic of this country's supersonic economic growth, and rush their investments. With our attention to detail and personal approach we ensure the efficient, safe and cost effective set up of your business from company registration and incorporation to employee relocation and orientation services.

Free Trade Zones :

The Free Trade Zones were set up with the specific purpose of facilitating hassle free investment. Companies operating in the Free Zones have a special economic freedom and minimal restriction.

What are the benefits of UAE free zone?

100% foreign ownership is allowedprocess
100% repatriation of capital and profits possible
Zero personal or corporate income taxes, customs duties, import/export taxes
Very few restrictions on recruiting labour
Shared services and synergies with other companies
No bureaucratic red-tapism
State of the art infrastructure

Major Free Zones in UAE

Dubai:

Dubai is the business hub for many prestigious free zones among all emirates. The major free zone in Dubai are:

Jebel Ali Free Zone (JAFZA)
Dubai Media City
Dubai Internet City
Dubai Silicon Oasis Authority
Dubai Airport Free Zone

Besides the above, other free zones available based on the nature of business :

Dubai International Financial Centre
Dubai Gold & Commodities Exchange
Dubai Gold & Diamond Park
International Media Production Zone
Dubai Studio City
Dubai Biotechnology & Research Park.
Knowledge Village
Dubai Academic City
Dubai Multi Commodities Centre & Jumeirah Lake Towers
Dubai Health care City
International Humanitarian City
Dubai Outsource Zone
Dubai Flower Center
Dubai Maritime City
Dubai Logistic City
Enpark
Dubai Textile Village
Dubai Cars & Automotive Zone (DUCAMZ)e
Awir Free Zone
Dubai Carpet & Textile City
Dubai Sports City

Abu Dhabi

The major free zone options in Abu Dhabi are

Abu Dhabi Airport Free zone
Higher Corporation for Specialized Economic Zones( HCSEZ), also called Zones Corp
Khalifa Industrial Zone Abu Dhabi (KIZAD)
The Abu Dhabi Media Free Zone which is also called Twofour54

RAK

The major Free Zone options in Ras Al Khaima are

Ras Al Khaimah Free Trade Zone (RAK FTZ)
Ras Al Khaimah Investment Authority (RAKIA) Free Zone
Ras Al Khaimah Media Free Zone(RMFZ)

Fujairah

The major Free Zone options in Fujairah are

Fujairah Free Zone
Fujairah Creative City

Ajman

The major Free Zone options in Ajman is

Ajman Free Zone

OFFSHORE

Going offshore is the most modern popular way of managing business as they offer excellent and tax-efficient strategy for entrepreneurs. Important prima facie benefits are freedom of operations, confidentiality and ease of running business.

As“tax-free” business territory, UAE is one of the best jurisdictions in the world for incorporating an offshore company.

What makes an offshore company in UAE unique?

UAE is an independent or ‘overseas’ territory and is white-listed.
UAE has Double Taxation Avoidance Agreements (DTAA’s) with several countries, currently more than 40.

Benefits of UAE offshore company

100% foreign ownership is allowed
No necessity for finding a UAE national a shareholder or sponsor.
There is no public register of company officers.
Complete anonymity and privacy
Company can own real estate properties on approved areas by the Authority
Hold multi-currency bank accounts
The offshore company is exempted from all corporate and income taxes.
There are no foreign currency restrictions
Full repatriation of the profits and capital is allowed.
The setting-up costs are comparatively less.
There is no onshore office and accordingly, there are no employees and related costs.
Only minimum capital is required to set-up an offshore company.
Minimum of 1 Director / Shareholder

We offer

Registered Office with PO Box
Registered agent
Preparation of Memorandum and Articles of Association
Preparation of registration forms
Preparation of Incorporation certificate
Assisting in opening a multi-currency bank account
Filing with the registrar of companies

While associating with IDC, you get the combination of our in-depth local expertise and extensive experience, which gives us the ability to precisely understand the unique needs of your business. We are thus, able to recommend the best possible options and ensure that your business is set up with minimal hassles and effort.

We the undertake the entire task you, so you're free to concentrate on the bigger picture - your business.

AVAILABLE OFFSHORE DESTINATION

JAFDA AND RAK