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Starting out a business in UAE would have you thinking, what is a free zone and why should an investor consider it?
Starting out a business in UAE would have you thinking, what is a free zone and why should an investor consider it? Well, free zones or free trade zones in UAE are commercial areas. They accelerate a smooth and strategic road map for not only goods but for services to be traded without tax and customs rates.
Free zones in UAE have a set of advantages for many reasons. Entrepreneurs enjoy the privilege of complete ownership of their business. This comes at a cost-effective incorporation and also recompenses of duty-free import and export. Alongside, a UAE residence visa hence making businesspeople eligible to open a bank account or engage in any financial amenities they require.
https://www.shuraa.com/blog/2022/06/what-is-a-free-zone.html