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A Free Trade Zone (FTZ) is an area of a country where some standard trade barriers such as taxes, tariffs and quotas are eliminated, as well as bureaucratic requirements are lowered with a purpose of attracting new businesses and foreign investments.
A company based in the UAE Free Trade Zone is referred to as the Free Zone company. Establishing a business entity in one of the UAE’s Free Trade Zones can be a very attractive option for foreign investors.
More than 45 different Free Zones are located in the UAE, accordingly oxbow Corportate Services LLC can recommend the right Free Zone, depending on business conditions, visas and office requirements and, certainly, on investment budget. We always carefully consider all factors to find the best place for your future business to enable its economic growth. exercitation.
Business offices/premises provided by Free Zone can be customized to suit your needs or provided in ready-to-move conditions.
Flexi desk/office facilities are ideal business solutions for companies looking for a fast and cost-effective business set-up, however are limited by visas requirements for shareholders or managers of the new entity.
Various warehouses suitable for storage of goods, light manufacturing and assembly, available for lease on a year-round or limited time basis. Warehouses can be ready move in or can be customized to suit your needs.
Different plots of land, designated for industrial, logistic and service industry purposes are offered for short or long lease terms.
Labor Accommodation can be provided by Free Zone authority on special price and conditions.
Every company operating within Free Zone is required to obtain a business license. A business license (also known as a trade license) is a time-limited permit granted to a company to undertake commercial, consulting or industrial activities within the free zone.
Some of UAE Free Zones require to provide an annual audit report.
Each license is valid for one year, starting from the date of issue, and must be renewed annually.
Some of UAE Free Zones require Minimum paid up Share Capital to be presented on the time of the free zone company formation. This is done in order to receive a Business License for the Free zone Company. Amount of the Share Capital depends on free zone requirements. The paid up Share Capital should be deposited to the bank at least for one week after the registration on time of submission documents for Business License.
incorp@oxbowcs.ae
P.O. BOX:84706, Office No.108, Coastal Building, Al Qusais 2, Dubai, UAE
incorp@oxbowcs.ae
P.O. BOX:84706, Office No.108, Coastal Building, Al Qusais 2, Dubai, UAE
Office No : 1109, Bay View Tower, Marasi Drive Street, Business Bay, Dubai, PO BOX : 391085
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