More than 40 free zones exist in the UAE and they have numerous advantages. Free zones enable you to have complete ownership of your company and the Free Zone authorities keep your assets related information confidential.
Free zone companies are not bound by trade barriers and they can trade with ease regardless of whether they are dealing with other free zone companies. Free zones are safe from import duties and corporate taxes meaning you can import without paying any custom duties.
Free zone companies enjoy complete repatriation benefits as they can transfer their assets to foreign countries without any issues. These companies have developed business communities and have faster business setting-up procedures.