Establishing a business in free economic zones (FEZ) in the UAE, such as the Ajman Free Zone, provides entrepreneurs with several advantages and incentives to develop their own business. You can easily cope with various tasks without unnecessary complications. Find out more information on https://emirabiz.com/ajman-free-zone-company-formation/ about the SEZ to make the right decision. Let’s take a closer look at the features of this option.
Zero taxes
Free zones in the United Arab Emirates usually offer tax incentives. You will not pay taxes on your profits, value added taxes or customs duties. The financial burden on business will be significantly reduced.
Full ownership
In a SEZ, entrepreneurs have the right to full ownership of their business. You don’t have to look for a local sponsor or partner. This is your opportunity to eliminate various problems associated with the development of the case.
Simple registration procedure
The process of registering a business in free zones is usually shortened and simplified. You will be able to start your business much faster, without encountering restrictions and other difficulties.
Easy access to markets
Thanks to its strategic location and well-developed infrastructure, businesses in the free zone will have easy access to international markets. This is your opportunity to reach a decent level of profit.
Free trade
You will be able to trade duty-free both within and outside the United Arab Emirates. Thanks to such opportunities, international trade will develop efficiently and steadily.
Infrastructure and services
Free zones provide you with high quality infrastructure. There are office premises, warehouses, and logistics services are offered. You are also guaranteed thoughtful technological support. Business expects a considerable number of other important amenities.
Ease of doing business
In this situation, the procedures associated with bureaucracy are minimal. Administrative support includes visa support, employment services, and other aspects of managing your own business.
Development of innovations
Free zones often stimulate innovation and the development of new technologies. You will get an excellent platform for start-ups, as well as for a variety of research projects.
Government support
The UAE government actively supports the development of free economic zones. You are guaranteed stability, conditions for business development will be favorable.
Thanks to all the above-described privileges, creating a business in free economic zones (FEZ) is an effective solution. You will receive new opportunities for developing your own business that should not be ignored!
