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Registering a company in Economic Zones World (EZW) Free Zone in 2020
Creating a business in Economic Zones World promises a large number of advantages, including:
- 0% corporate tax rate;
- No customs duties;
- The possibility of opening a business for a non-resident;
- 4 types of licenses for conducting activities in the territory of JAFZA, Dubai TechnoPark and Dubai Auto Zone;
- Developed logistics infrastructure;
- Affordable rental cost of working areas.
Business registration – from €10,500
Company registration period –from 14 daysDetailed information
United Arab Emirates (UAE) seeks to establish itself as a global industrial center. This platform is to attract entrepreneurs from all over the world, who will invest in various business sectors. Economic Zones World (EZW) is a mondial designer, whose main goal is to form a reliable mechanism, highway networks. The activities of EZW are aimed at the formation of strong trunk networks in various sectors of the economy. Simplicity and ease of transport, actively developing communities, also captivate. EZW is owned by Dubai World Group. The initial assignment of EZW expanded Dubai to the level of a global business platform, attract more investors, and cover more economically promising territories.
EZW's has gained worldwide recognition for its many factors and components, including its constituent elements Jebel Ali FZ (JAFZA), Technopark (a scientific production area), Automotive FZ.
- 100% tax cancellation;
- 100% right to own real estate;
- 100% repatriation of funds;
- min cash costs for renewal;
- abilities to open a bank account in EZW on favorable terms;
- ownership of real estate;
- FZCO - 2 shares;
- FZE - an individual or legal entity as the creator;
- A local subsidiary;
- A foreign subsidiary;
- A general: for products requiring special permits;
- A commercial: for transportation of products;
- An industrial: for manufacturing, processing, packaging firms;
- A service: firms engaged in counseling, medical services, accounting, etc.
EZW and their subsidiaries are striving to bring their economic zones to a new level, introduce new technologies, increase the level of logic, increase the number of technology parks.
EZW has been issued ISO certificate. A certificate demonstrates a zeal of EZW to plan, implement, monitor, verify, maintain, improve security systems, develop emergency management, recovery programs.
Your desire to found a company betrays your zeal to contribute to the development of the global economy. Lawyers of IQ Decision will provide legal advice on any issues related to establishing of entrepreneurial activities in FZ(s) of World Economic Zone, on opening an account in UAE and other related issues.
The information outlined in the article is actual at the time of its publication. Please refer to our specialists for checking possible solutions for your business.