Fujairah Free Zone company setup
Opening a business in Fujairah Free Zone
For entrepreneurs, the thought of having a business in the United Arab Emirates can be a dream come true. There is plenty of room and opportunity to become a success in Dubai. One of the first things you’ll have to figure out is what zone to open a business in. This decision will have a big impact on everything you do going forward, so it is worthwhile to take some time to look into each possibility before you go forward.
Fujairah Free Zone is a great option for new business owners in any industry because it offers many advantages. Fujairah Free Zone company setup is a multi-step process that takes some time and money, but once you have the proper paperwork in place and your business is open, you can enjoy operating it for years to come. Once your business is up and running, you can enjoy life in the UAE and even bring your family members along to enjoy it with you. Getting help from the experienced advisors at Virtuzone helps to make the process as simple as possible.
There are many good reasons to choose one of the tax-free zones within the United Arab Emirates as the location for your business. Whether you are going to open a restaurant, clothing store, an office space or some other kind of business, operating in a tax-free zone will allow you to keep more of the profits you work hard to earn. Some of the reasons business owners choose the Fujairah free zone to open their business in include:
- There are no currency restrictions in this zone
- The corporate tax and personal tax in this zone are zero percent, meaning you pay no tax at all
- Business owners are allowed to have 100 percent corporate ownership
- Business owners may repatriate 100 percent of capital and profits from the business
- Business owners are not required to get a No Objection Certificate to open a business, making the process much faster and easier
There are a diverse range of businesses already open and flourishing in the zone, and aspiring business owners can get a license to open a business in many different industries. Some of the industries that you can choose from when you start Fujairah Free Zone company setup include:
- Real Estate
- Financial Services
The location of Fujairah Free Zone is another great reason to open a business here. Located close to the Port of Fujairah, its easy to ship and receive items. There are a wide variety of businesses in the Zone for you to partner with and learn from. Plus, the area gets plenty of traffic from people who work and live nearby.
Once you have a successful business going in Fujairah free zone, its easy to sponsor dependents to come join you in the UAE. If you have a profitable business and enough space for everyone to live, bringing your family along to live with you is a simple process.
If you are trying to find the best place to open a business in the UAE, its well worth your time to look into Fujairah Free Zone. If you are ready to open your business in this area, contact Virtuzone to get expert help.