UAE Company Setup
Free Zones are specialised economic areas that offer preferential tax and customs rates, designed to facilitate international trade and business. Initially established to attract global enterprises to the region, Free Zones provide numerous benefits, including 100% foreign company ownership. The UAE boasts over 50 Free Zones, some catering to a wide range of industries, while others are tailored to specific sectors.
Advantages:
- Enjoy full ownership of your business without the need for a local partner, giving you complete control over your operations and profits.
- Establish your company without the burden of paid-up share capital, making it easier to start your business.
- Incorporate your company under common law, providing a familiar legal framework for international businesses.
- Operate without the need for a physical office space, offering flexibility and reducing overhead costs.
- Benefit from zero corporate and income tax, maximising your profitability and financial efficiency.
- Set up your company remotely, streamlining the process and allowing you to start your business from anywhere in the world.
- Incorporate in jurisdictions where employee health insurance is not mandatory, providing additional flexibility for your business setup.
Know More About RAKEZ
Situated in the heart of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) is a thriving UAE hub offering customisable solutions within an efficient and eco-friendly ecosystem. RAKEZ supports over 50 industries and caters to a diverse range of businesses, from freelancers and startups to SMEs and industrialists. This dynamic economic zone serves various sectors, including media, academia, business, and industrial activities, providing a fertile ground for growth and innovation.
Advantages of a RAKEZ license:
- Cost-Effective Business Incorporation: Enjoy affordable business setup solutions, making it easier to establish and grow your enterprise within budget.
- Prime Accessibility: Benefit from easy access to logistical hubs and highways, ensuring seamless connectivity and efficient operations.
- International Reach: Leverage RAKEZ’s extensive network of regional offices, providing global accessibility and support for your business.
- Customer Portal Access: Manage your business conveniently with access to a comprehensive customer portal, streamlining administrative tasks and enhancing efficiency.
- Swift Business Setup: Experience an express and suitable business setup process, allowing you to start operations quickly and effectively.
- Diverse Activity Options: Choose from a wide range of activities and facilities, ensuring that your business can find the perfect fit for its specific needs and objectives.
Starting a new business in the United Arab Emirates (UAE) is an exciting endeavour, and we are here to provide you with comprehensive banking and finance services to help you succeed. At Vertex-UK, we understand the unique needs of entrepreneurs and businesses in the UAE, and we’re committed to facilitating your journey.