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An open letter to all those who want to set up their business in Dubai or need an open work sphere where vain or scrap formalities did not take their time, there are some free zone areas in Dubai where you can set up your business and enjoy all the opportunities to do a tax free trade without paying any personal or income tax.
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Dubai- The Place with a Free Work Sphere for Your Business Some business idea’s are meant to be successful, but some needs hard work, the thing which is in common between the two, is the capital, whether a successful idea or the other both needs capital as much as you can prevail and then also the taxes or other expenses, which are “MISCELLANEOUS” in nature, I bet that no one like these expenses. When it comes to standing up a business, because they are not helping in the outcome, they are just a legal formality done to tell the government about your existence and that process of recognition takes time as well as money, which is not bearable at all. Well, for that one issue, there are lots of solutions, like Dubai, the city of United Arab Emirates, providing various opportunities to work without the expectation of any taxes, but just a license of work, they want some foreign investment for which they open up the gates of their economy and provide all the merits of hassle free business. They were removed almost all the barriers to work Just for your knowledge, there are almost twenty free zone areas only in Dubai, and the selection of the most suitable area depends on the kinds of activity the company is occupied with, like trading, e-commerce, distribution, or publishing and automotive etc. The category of infrastructure and services should also be measured, for example, warehousing and shipping port access. Dubai has a tremendously modern commerce infrastructure, and there are particular cities for most the activities, such as Media City, Internet City and Healthcare City. What is the free zone area? Free zone area posses those qualities which gives the entire healthy atmosphere to grow a business like: -
Reduced or diverse tariffs and barriers to the deal 100 per cent foreign possessions; no need to make an associate, who is an enduring resident of UAE. 100 percent moveable conditions related assets and capital. Corporate tax exemption up to 50 commencing years No special or income tax levied Backing and lodging services are also accessible Name of free zone areas of Dubai Dubai International Financial Centre (DIFC) Jebel Ali Free Zone (JAFZA) Dubai Media City International Media Production Zone (IMPZ) Dubai Internet City Dubai Knowledge Village Dubai Outsource Zone Dubai Airport Free Zone Dubai Cars & Automotive Zone Dubai Metals & Commodities Centre (DMCC) Dubai Aid City Gold & Diamond Park Dubai Maritime City Dubai Studio City Dubai Biotech & Research Park Dubai Healthcare City Dubai Silicon Oasis Heavy Equipment & Trucks Free Zone Dubai Industrial City Dubai Flower Centre Dubai Logistics City I hope this blog will help you in understanding the way to the successful business idea and a path to walk on; this free zone area will help every sort of business that needs some favorable conditions to emerge, Else you can take consultation from the free zone consultants, who will advice you, from the commencing of the business till you need them.