What are the benefits of setting up a company in a UAE Free Zone?
100% foreign ownership
No personal or corporate tax (50-year exemption)
Full repatriation of profits and capital
Exemption from import/export duties
Advanced infrastructure and business support facilities
How long does it take to establish a Free Zone Company?
With assistance from VAS Global, company formation in a UAE free zone typically takes between 5 to 10 working days, depending on documentation and approvals.
Can a Free Zone company do business within the UAE mainland?
Generally, free zone companies are not permitted to trade directly within the mainland. However, certain professional services may be allowed through approved local agents.
Can I transfer my company from one Free Zone to another?
No, a company cannot be transferred directly between free zones. You must liquidate your existing company and establish a new entity in the desired free zone, or open a branch office instead.
Is it mandatory to have a physical office in a Free Zone?
Yes, most free zones require companies to have an office space. Options include shared desks, flexi-desks, or private offices based on your chosen package.
Can I add or change my business activities after registration?
Yes, you can modify or add business activities later, provided they align with the free zone’s approved list of permissible activities.
What documents are required to operate an online or website-based business?
You’ll need a valid business trade license, the owner’s passport and visa copies, and an Emirates ID to provide online services legally.
Are Free Zone companies exempt from import and export customs duties?
Yes, free zone entities are fully exempted from import and export customs duties, provided transactions occur outside the mainland.