Business setup in DUQE Free zone
DUQE Free Zone offers 100% foreign ownership and a tax-free environment, making it an attractive location for start-ups. Its strategic location improves access to regional markets.
Detailed Benefits of business setup in DUQE
DUQE Free Zone allows 100 percent ownership of the business as a whole by the investor and also gives control over the operation of that business.
In a prime location within the region, DUQE makes for excellent access to most of the major regional markets, as well as important international markets.
Zero percent income and corporate tax increase profitability and would go well with any type of global business.
DUQE enables businesses to start very rapidly. It has a rather easy, streamlined registration system to get started with, helping businesses to set up without much hassle.
How to business setup in dubai DUQE ?
Here are the key steps to set up a business in DUQE.
Right Business Activity
Reserve Trade Name
Incorporation Documents
Apply for a Business Licence
Open a Bank Account
Common Questions About business setup in DUQE
Here are the key steps to set up a business in a free zone.
Determine the type of legal entity.
1. Choose a trade name.
2. Apply for a business license.
3. Choose an office space.
4. Get pre-approvals, register your business and get your licence.
You can establish two types of companies in the Free Zone: one called a Sole Establishment, or FZE, with a minimum of one shareholder, and, on the other hand, a Free Zone Company, abbreviated as FZC with a minimum of two shareholders. Both individuals and corporates are allowed as shareholders.
The qualifying income obtained by businesses recognized as Qualifying Free Zone Person enjoys a 0% rate of corporate tax. Salaried income in Free Zone is taxed at the corporate tax rate of 9% unless other exceptions apply.
If intending to start a business in any of the UAE Free Zones, there are three primary steps to follow: securing your business license, procuring your UAE Residence Visa, and opening a corporate bank account. Proper planning should allow for completion of the whole business setup procedure within 1-4 weeks.
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