Fallout from Iran's actions were to an extent priced in by markets
The minimum impact of Coronavirus pandemic is attributed to the advanced healthcare infrastructure and the government's successful implementation of National Sterilisation Drive and the setting up of mass testing facilities.
With the implementation of e-Governance, UAE stands among the top in the Middle East and 16th in the global ranking as per the report of World Bank's 'Ease of Doing Business index for 2020'.
The stability of the government, robust and secure banking network, lowest-crime rate, world-class business infrastructure, etc. are making UAE the first choice for foreign investors.
Why should you open a free zone company in the UAE?
Freedom to do Business and Tax savings
As the name signifies, free zones are zones that facilitate free growth of entrepreneurs. It offers umpteen advantages including full repatriation of profits and tax savings for investors in their home country.
Free zone companies being onshore resident company, are eligible to obtain Tax Residency Certificate in order to avail benefits of DTAA (Double Taxation Avoidance Agreement) between countries. Currently free zones in UAE offer attractive License packages in a bid to attract investors.
Free zone company formation and UAE residency visa - settle with family
The easy way to settle with family in the UAE is to set up a free zone company, obtain a UAE residency visa under it and sponsor your family. The visas can be renewed every three years, making it similar to a permanent residency status.
By setting up a company, anyone can become a UAE resident, obtain a tax residence certificate, and save tax in their home country, buy assets under the UAE company and save funds wisely. The safety and security of this country, the network of commercial and private banks, and the connectivity to all countries in the world make it the most favourable choice for your second home.
Ideal Zone to Set up a Business in the UAE
The benchmarks in selecting the right free zone for business are based on business activity, budget, facility requirements, visa quota and the preferred emirate.
In the UAE, there are few premium free zones with five-star infrastructure offering cost-effective packages. At the same time, there are affordable free zones that provide free residence visa, waiver of the e-channel deposit, and three-year licences package at highly discounted fees.
With over 40-plus free zones and 3,000-plus business activities available, there is a wide range of options to choose for the investors.
Four key reasons to hire a business set-up consultant
1. A business consultant can advise the latest business licence packages and the ideal free zone to setup based on the requirements and budget
2. Advising the investor regarding the legal structure of the company for optimum tax benefits in the investor's home country
3. Adequate PRO support services in all government departments, including immigration.
4. Coordinating with bank authorities to setup corporate bank accounts within the UAE and outside
Guided by Syam Panayickal Prabhu, Aurion is a top-notch business consulting firm in the UAE specialised in free zone, mainland, and offshore company formation. The consultant firm also offers remote company formation in the UAE so that clients can experience a hassle-free registration process without travelling to the UAE.
Its team of expert business consultants will design the ideal free zone package for the business. Aurion PROs are always ready to deliver sanitised company documents at your doorstep. Team Aurion firmly believes in its motto trust, excellence and delivery that has secured them a place among the top branded consultants in the UAE.
For more information, contact:
Phone: Dubai +971-4-2504150
Sharjah +971-6-557 9726
Website: www.dubaifreezonecompany.com
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