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Freezone Company in UAE comes with its own pros and cons which is very important for decision making purposes
Process
Select a freezone that aligns with your business activities and requirements.
Choose the business activity or activities you intend to carry out in the freezone.
Reserve a unique company name that complies with the freezone authority's naming guidelines.
Submit the application form along with the required documents to the freezone authority.
Receive initial approval from the freezone authority for your business setup.
Lease office space within the freezone as per your business requirements.
Submit the final set of documents and pay the required fees for license issuance.
Collect your business license and start operating your freezone company.
Following are the Compliances that will be required
Freezone Companies are exempt from corporate and personal income taxes for a specific period, usually 15-50 years, renewable.
Companies with taxable supplies and imports exceeding the mandatory registration threshold must register for VAT with the Federal Tax Authority.
Freezone Companies must renew their business license annually and comply with the freezone authority's regulations.
Some freezones require annual audited financial statements to be submitted.
Following are the documents that will be required
Copies of the passports of shareholders and directors.
Utility bills or bank statements showing the address of shareholders and directors.
A brief business plan outlining the activities and objectives of the company.
NOC from the current sponsor if the shareholder or director is a UAE resident.
The service package includes a comprehensive list of deliverables which includes the following.
Here is a jist of what some of our customers had to say about our services. We tend to work relentlessly to create smoother experiences for the clients.
Wonderfull service in minimum charges. I recommended to who want register your company and need of all official services. Taxkriya is the best choice.
Taxkriya is a wonderful experience for me they helped me to do smooth process in forming company for me and very friendly persons who takes our inputs and also suggest which is best for us.
I genuinely recommend Taxkriya and found this as one of the smoothest process in forming an LLC. The support from the team was absolutely good and support from Mr. Gowtham was purely exceptional.