Setting up your company in Free Zone is easy. At present time, ex-pats can set up the company within few weeks. The process is not complex. You just need to hire the right consultancy service.
- Professional consultants will help you with the document process
- They will work out the best cost for setting up your company
- The local consultant service will look into marketing and Hr needs as the week
But before you get started with a setup company in Expo 2020 Dubai you may need to stay prepared. There are few points you should consider as mentioned below.
You should calculate the cost first
The first most important point is to calculate the cost of set up. Even if you get a lot of financial benefits in the free zone, still it will incur an initial cost.
You may not be able to work out the cost on your own. This is where you will benefit if you hire a professional team. Even if you want your company to participate in Expo 2020 you will need a consultant team.
Collect details related to the license
It is not possible to conduct business in Dubai free zone unless you have a proper business license. The validity of the business license may vary depending on the nature of your business.
To obtain a License for expo 2020 you may have to disclose all your business activities in advance. Free zone activities are restricted, and all types of business activities may not be allowed. This means you need to collect full details of what is or is not allowed in advance.
Do you need an office or Flexi desk?
Dubai free zone will offer you with benefit to select Flexi desks. This can be the right choice if you are unable to pay investment for renting entire office space. If you have multiple investors in your business, then you can still consider renting full office space.
Before you have opted for full office space rentals you should work out the VAT Value Added Tax in Expo 2020 that would be applicable. The taxation system in the Free zone may not be the same for all businesses.
In case you need to obtain a visa for running your business, then it is also important to present lease documents as well. You will have to provide all documents in advance. Once the company has been set up you will get a lot of benefits.
The free zone will offer to compete for ownership as well. You may not have to worry about the duties as well. To a certain extent, tax exemptions are also offered to the companies.
For more information please visit : setup company in Expo 2020 Dubai
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Service fees (USD) for the registration of companies in the Hamriyah Free Zone include license, rental of an office in the Hamriyah Business Center, stamps, business creation services and e-channel registration [1].
Corporate tax, stable banking system, ability to work in U.S. dollars, rapid registration of companies, the ability to create substance in the country of registration, and the ability to obtain a residence visa for shareholders and employees of the company.
Hamriyah Free Zone is the next generation free zone that guarantees that its management is more adaptable and dynamic than other investor-oriented free zones.
Hamriyah has developed into an industrial centre for the Emirate of Sharjah.
Most free zones in the UAE are exclusive to a single economic sector.
The Free Zone Establishment (FZE) is a limited liability company that can be incorporated into the Free Zone.
