UAE FTZ ᐅ Make the right choice!

ᐅ What is a Free Trade Zone (FTZ) in the UAE?
Free Trade Zones (FTZs) in the UAE are specialized economic areas where businesses can operate with a high degree of economic freedom. Companies established in FTZs benefit from 100% foreign ownership, tax exemptions, and customs duty privileges, making them highly attractive for foreign investors.

ᐅ What are the benefits of setting up a business in Umm Al Quwain FTZ?
Setting up a business in the Umm Al Quwain Free Trade Zone offers several advantages, including full ownership of your business, no income taxes, and flexible leasing options. This FTZ is ideal for various industries due to its strategic location and supportive regulatory environment.

ᐅ How does Jebel Ali FTZ compare to other FTZs in the UAE?
Jebel Ali FTZ is one of the largest and most developed Free Trade Zones in the UAE, known for its extensive logistics capabilities and proximity to key transportation routes. While other FTZs, such as Umm Al Quwain FTZ and Dubai FTZ, offer specific industry incentives, Jebel Ali FTZ caters to a broader range of businesses with robust infrastructure.

ᐅ What is the process for registering a company in a UAE FTZ?
The process of registering a company in a UAE Free Trade Zone typically involves selecting a business activity, choosing a company name, submitting necessary documentation, and obtaining an FTZ license. We at Cassius Law can guide you through each step to ensure compliance with local regulations.

ᐅ Can a foreigner own 100% of a business in an FTZ?
Yes, one of the primary advantages of Free Trade Zones in the UAE is that foreign investors can fully own their businesses without the need for a local partner.

ᐅ What types of businesses can be established in Umm Al Quwain Free Trade Zone?
Various types of businesses can be established in Umm Al Quwain FTZ, including trading, manufacturing, logistics, and consultancy firms. The FTZ is particularly favorable for light manufacturing and service-oriented businesses.

ᐅ What are the tax benefits associated with establishing a business in a UAE FTZ?
Businesses operating in UAE Free Trade Zones enjoy significant tax benefits, including exemption from corporate taxes for a specified period, which can range from 15 to 50 years. Additionally, there are no import or export duties, making it financially advantageous for trade-oriented companies.

ᐅ Does Umm Al Quwain FTZ have specific regulations for expatriates?
Umm Al Quwain FTZ, like other FTZs in the UAE, has specific regulations that facilitate the employment of expatriates. Businesses can obtain work permits and visas for their foreign employees, streamlining the hiring process.

ᐅ How can Cassius Law assist in establishing a business in a UAE FTZ?
At Cassius Law, we provide comprehensive legal services tailored to your needs, covering areas such as licensing, labor law, commercial law, and business setup. Our expertise ensures a smooth entry into the UAE market while complying with all legal requirements.

ᐅ What is the duration of the business license in a UAE FTZ?
The duration of a business license in a UAE FTZ typically ranges from one to three years, depending on the specific FTZ and the type of business. Renewal of the license is generally a straightforward process and can be facilitated by our legal team.

ᐅ Are there any restrictions on the type of activities allowed in a Dubai FTZ?
While Dubai FTZs generally support a wide range of business activities, there may be restrictions based on the specific FTZ. It is essential to determine whether your proposed business activity is permitted, and we can assist you in this verification process.

ᐅ How does the UAE's regulatory environment support business growth in FTZs?
The UAE provides a robust regulatory environment that fosters business growth in Free Trade Zones by offering streamlined processes, minimal bureaucracy, and significant economic incentives. This supportive atmosphere encourages both local and foreign investments.

ᐅ What are the typical costs associated with setting up a company in a UAE FTZ?
The costs associated with setting up a business in a UAE Free Trade Zone can vary significantly based on the specific FTZ and the type of business. Common expenses include registration fees, office lease agreements, and government fees. We can provide you with a detailed breakdown of these costs.

ᐅ Is it necessary to have a physical office in a UAE Free Trade Zone?
Most UAE Free Trade Zones require businesses to have a physical office space to operate legally. However, options for flexi-desk or virtual office solutions may be available, depending on the FTZ regulations.

ᐅ How can I obtain a visa in a UAE FTZ?
Visa procedures for employees in UAE Free Trade Zones are simplified and streamlined. Once your company is registered, you can apply for employee visas through the FTZ authority, and we can guide you through this process.

ᐅ What role does the Umm Al Quwain FTZ play in the UAE's economy?
Umm Al Quwain FTZ contributes significantly to the UAE's economy by attracting foreign investment and promoting trade and business activity. Its strategic location and favorable business environment make it a competitive option for entrepreneurs.

We, at Cassius Law, understand the complexities involved in establishing a business in the UAE's Free Trade Zones. Our dedicated team of legal professionals is here to help you navigate the process, ensuring compliance and maximizing your business potential. For more inquiries or to begin your journey in the UAE FTZs, we invite you to contact us today. Together, we can help you unlock the opportunities that await in the UAE.