Freezone Business Licensing

Freezone Business Licensing

Unlike other licenses in Dubai, Free Zone licensing is completely different and is far more beneficial for the foreign investors as they can avail 100 percent ownership of their business if it is set up in the Dubai free zone area.

In addition to that, there are other added benefits as well like complete tax exemptions, 100 percent repatriation benefits, and absence of the foreign exchange restrictions.

It is a perfect choice for foreign investors who are looking for a business setup in Dubai free zone, it has more than 42 free zones housing a plethora of companies with separate jurisdictions and these free zones are increasing with the passing day because of the rise in the demand.

When the company is approved for the free zone business it is given any of the licenses such as trade, service, industrial, or even national industrial by the free zone authority.

These licenses can be renewed annually. Your business should match to the category of the preferred free zone and you are supposed to select your desired free zone jurisdiction based on the genre of business.