Benefits of setting up a company in Freezone
100% Ownership
Free zone companies offer the advantage of complete ownership for foreign investors or multiple foreign nationals. No Local Sponsor is required for establishment, and ownership is open to individuals of all nationalities.
Confidentiality
Free zone authorities prioritize the confidentiality of information regarding assets owned by companies within the free zones. This commitment ensures a high level of privacy and security for businesses operating in these zones.
No Trade Barriers
Free zone companies enjoy the freedom to engage in international trade without encountering specific limits on trade or business volume. This flexibility extends to trading both within the free zone jurisdiction and globally.
Tax Benefits
Free zone businesses benefit from being free of corporate taxes and import duties. Goods imported by these companies are exempt from custom duties, and there are no corporate or income taxes. Additionally, all capital investment and profits earned can be repatriated to foreign countries without any restrictions.