Are you looking to establish a business in Dubai? Do you want to take advantage of the tax-free environment offered by the Economic Zones World (EZW)? If so, you'll need to understand the process of registering your company with the Department of Economic Zones World (EZW) in Dubai. The EZW is a free zone authority that is part of the Dubai World Group. It is dedicated to the ownership, operation, management and development of free zones and industrial parks. This has attracted many major companies and has quickly become a hub for international investors.
The EZW provides a platform for businesses to operate in a tax-free zone. Companies that wish to set up two or more offices must acquire a separate license for each activity. All licenses are valid until the company has a valid lease agreement for the free zone. Business licenses are granted after the license issued by the Dubai Department of Economic Development or an equivalent authority in the United Arab Emirates.
An industrial license is granted to companies that have factories outside the United Arab Emirates and are willing to enter the United Arab Emirates to grow their business. Domestic industrial licenses are granted to companies operating inside or outside the United Arab Emirates, but only when their local production represents at least 40% of added value and they must have a minimum of 51% of AGCC capital. The EZW offers several areas for businesses to set up shop, such as Dubai Airport Free Zone, Jebel Ali Free Zone, Dubai Aid City, Dubai Auto Parts City, Dubai Biotechnology & Research Park (Dubiotech or Dubai Biotech), Dubai Carpet Free Zone, Dubai Auto Parts City (DIAC), Dubai Maritime Zone, Dubai Outsource Zone (DOZ), Dubai Studio City, Dubai Techno Park (TP), Dubai Textile Village, eHosting Data Fort, Heavy Equipment & Trucks Free Zone, International Media Production Zone and Mohammad The Bin Rashid Technology Park. These areas offer many benefits such as 100% foreign ownership and repatriation of benefits, no personal income taxes or corporate taxes for a minimum period of fifteen years, no monetary restrictions, excellent infrastructure and many opportunities to interact and establish business contacts. So if you're looking to start your business internationally and take advantage of the tax-free environment offered by the EZW, then you should definitely consider registering your company with them.
With their wide range of services and support, they can help you get your business up and running quickly and easily.