OFFSHORE
Offshore Dubai
Offshore BVI
Other Offshores
 
   
COMPANY FORMATION IN FREE ZONE
 

UAE economy is clearly divided between the ‘onshore' sector , dominated by local business interests, wit restrictions on foreign ownership, and the ‘offshore' sector which consists of a number of Free zones. There are no taxes to speak of, on or offshore, but 100% foreign ownership and customs privileges make the free zones the most favorable locations in the Middle East for international operations. We offer our professional services and expertise in the formation of companies in all free zones of UAE including Sharjah Airport International Free Zone (SAIF Zone), Jebel Ali Free Zone Authority (JAFZA), Dubai Airport Free zone Authority (DAFZA), Hamariyah Free zone Authority, Ajman Free Zone Authority, Ras Al Khaima & Fujairah free zone Authorities.

Company Formation in Free Zone::
• Dubai Airport Free Zone (DAFZA)
• Dubai Cars & Automotive Free Zone
• Dubai Internet City
• Dubai Metals & Commodities Free Zone
• Dubai Media City
• Gold & Diamond Park
• Jebel Ali Free Zone (JAFZA)
• Knowledge Village
• Dubai Health Care City
• Hamriyah Free Zone
• Sharjah Airport International Free zone (SAIF)
• Ajman Free Zone
• Ras Al Khaima Free Zone
• Fujairah Free Zone

Free Zones offer the following incentives to the investors. Some of the salient features are:
1. 100% foreign ownership
2. No corporate taxation for 50 years; renewable for an additional 50 years
3. Freedom to repatriate capital and income
4. No personal income tax
5. Full exemption from import duties
6. No currency restrictions
7. No bureaucratic red-tapism
8. No recruitment problems
9. Modern efficient communication
10. State of the art infrastructure
11. Abundant energy


Following Documents Are Required for a Branch of a Foreign Company to establish in free zone:

a) Memorandum of Association
b) The Board of Directors' Resolution authorizing the opening of the branch office in free zone of Dubai and appointing manager to take full charge of the branch.
c) Power of Attorney in favour of the Manager.
d) Certificate of incorporation.
e) Photocopy of the Directors' and Manager's passport.

Items (a) to (d) to be attested by UAE Consulate or Embassy in the company's home country and by the UAE Ministry of Foreign Affairs in Dubai. Following documents are required to establish a company either as FZE or FZC.


..........................................................................

Copyright 2006 © AGN MAK INTERNATIONAL CONSULTING
Site designed and developed by kiteindia.com