Start your own desired business in UAE free zone |
Posted: September 6, 2018 |
Are you thinking of starting a business in the foreign country? Well, if yes, then you should know the barrier you are going to face in the foreign country. For example getting a license, find a perfect place for office or managing staffs for your business. Then what is the solution? I have a good news for you that can solve your problem. Invest in a free zone. And I will recommend investing in UAE free zone. Why? Because UAE is now one of the biggest economic country as well as the marketplace. Other than that, you will get a lot of benefits that will not get in any other free zones probably. Here are few benefits you will get in UAE free zone that might convince you. Easy license The first thing that comes to our mind when we listen about doing business in the foreign country is the license. And that’s common because getting the license in the foreign country is not so easy. You have to be present there physically in order to get the license and at the same time, you have to submit a lot of legal documents. What more? You need huge time as well. On the other hand, in a free zone of UAE, you will get the license very easily. Just need a few documents and you do not have to be present there physically. Besides, another problem is that the cost of getting the license. In general, you need a good amount of money to get a business license. But in a free zone of UAE, you need only a few money. For example, the Umm al Quwain free zone license cost starts from 13,500 AED. No tax or vat required A good amount of money has spent on your earning and profit for vat as well as the tax when you do a business. But the good news is that you do not have to pay any tax on any corporate income or profit or you do not have to pay any vat on import as well as export inside the free zone area. Authority support As I mentioned earlier that managing staffs or getting registration or managing office is difficult enough in any foreign country. But in a free zone, especially in UAE, the free zone authority offer support on getting registration, managing staffs, or managing a good space for the office. Other than that, they also offer business consultancy in some cases. Others facilities Do you think that’s all? Not at all. You will get other benefits including no currency restriction, no restriction on foreign staffs hiring, full ownership of your business and lot more. Final verdicts Overall, for an investor who is the thinking of starting a new business in a foreign country, the free zones of UAE can be a very good option. Ou will get a great friendly business environment and at the same time government support to enhance your business and make yourself successful.
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