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Oxford has over the years shown great eagerness to be of great assistance to investors and business people in line with establishing their business ideas and achieving their goals in UAE Free Zones.
Our services are such as assistance in visa application & residence permit, complete licensing documentation and banking.
The UAE serves host to numerous free zones. Over the last decade, the number of these free zones has grown incredibly to constitute the United Arab Emirates.
The emirates are Dubai, Abu Dhabi, Fujairah, Ras Al Khaimah, Sharjah, Ajman and Umm Al Quwain.
UAE Free Zones Company Formation and Its Advantages
Some of the most exclusive benefits that investors enjoy when establishing their businesses in UAE Free Zones include:
For starters, free zone companies are not allowed to directly trade in the UAE market. Further, free zone companies require appointing distributors for them to trade in the local business. For local business participation, free zone companies are required to pay a 5% custom duty.
|Key Differentiators||Free Zone||Non-Free Zone|
|Foreign Ownership||100% Foreign Ownership||51% Local Partner required|
|Income & Corporate Tax||100% Tax Free||100% Tax Free|
|Business Horizon||Meant for export, however entities in Free Zones can sell their products within UAE through local distributor or agent Licensed in UAE.||Free to do business within UAE|
|Capital & Profit Repatriation||100% Allowed||100% Allowed|
|Hiring of Expatriates||No restrictions||Local labor laws will apply|