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 allowedprocess100% repatriation of capital and profits possibleZero personal or corporate income taxes, customs duties, import/export taxesVery few restrictions on recruiting labourShared services and synergies with other companies No bureaucratic red-tapismState of the art infrastructureMajor 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 CityDubai Internet CityDubai Silicon Oasis AuthorityDubai Airport Free ZoneBesides the above, other free zones available based on the nature of business :
Dubai International Financial CentreDubai Gold & Commodities ExchangeDubai Gold & Diamond ParkInternational Media Production ZoneDubai Studio CityDubai Biotechnology & Research Park.Knowledge Village Dubai Academic CityDubai Multi Commodities Centre & Jumeirah Lake TowersDubai Health care CityInternational Humanitarian CityDubai Outsource ZoneDubai Flower CenterDubai Maritime CityDubai Logistic CityEnparkDubai Textile VillageDubai Cars & Automotive Zone (DUCAMZ)eAwir Free ZoneDubai Carpet & Textile CityDubai Sports CityAbu Dhabi
The major free zone options in Abu Dhabi are
Abu Dhabi Airport Free zoneHigher Corporation for Specialized Economic Zones( HCSEZ), also called Zones CorpKhalifa Industrial Zone Abu Dhabi (KIZAD)The Abu Dhabi Media Free Zone which is also called Twofour54RAK
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 ZoneRas Al Khaimah Media Free Zone(RMFZ)Fujairah
The major Free Zone options in Fujairah are
Fujairah Free ZoneFujairah Creative CityAjman
The major Free Zone options in Ajman is
Ajman Free ZoneOFFSHORE
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 allowedNo 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 AuthorityHold multi-currency bank accountsThe offshore company is exempted from all corporate and income taxes.There are no foreign currency restrictionsFull 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 / ShareholderWe offer
Registered Office with PO BoxRegistered agentPreparation of Memorandum and Articles of AssociationPreparation of registration formsPreparation of Incorporation certificateAssisting in opening a multi-currency bank accountFiling with the registrar of companiesWhile 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