Dubai Airport Free Zone
Saturday, 16 May 2015
Dubai Airport Free Zone : Business Setup in DUBAI AIRPORT FREE ZONE
Dubai Airport Free Zone : Business Setup in DUBAI AIRPORT FREE ZONE: Business Setup in DUBAI AIRPORT FREE ZONE Dubai Airport Free zone was established in 1996, DAFZA is located inside of the Dubai Inter...
Business Setup in DUBAI AIRPORT FREE ZONE
Business Setup in DUBAI AIRPORT FREE ZONE
Dubai Airport Free zone was established
in 1996, DAFZA is located inside of the Dubai International Airport. Ione of
the highly developed free zone in Dubai, and it is a very popular area for a
number of different types of businesses, approximately, 2,000 companies in Dubai
airport free zone having business in variety of fields, and the number of companies
there keeps on growing.
Import and export trades in Dubai,
Trading company setup in Dubai airport Free zone, also provides the licenses
and Dubai employment visas to those foreign companies that want to do business
in the Dubai Airport free zone. They are able to offer a number of benefits,
including tax exemptions in Dubai and duty exemptions in Dubai.Dubai Free zone Labour Laws
Although the law stipulates that all employees other than the one listed under laws and mentioned in labour laws are subject to it. In practice employees in the Free zones such as Jabel Ali Free zone and Dubai Airport Free zone are subject to the rules and regulations of the free zone concerned and maintain their own employment contracts. However, the law will still apply and the provisions in the employments contract must be in accordance with law. Moreover, it should be noted that free zone employees are sponsored by the relevant free zones and not by their employers.Such employees are seconded by the Free zones to companies established in the Free zones in return for amongst other things, a bank guarantee which is required to secure the employees dues and any end of service benefits which may be payable on termination of their employment contracts. However, although the free zones are technically the employee’s sponsor, the employee does maintain their right of action against their employers before the courts.In additions, as will be discussed in section 19 below, when a new business is established it has to be registered with ministry prior to the employment of staff. The free zone authority sponsoring the employees, refer directly to the immigration authorities and not to the ministry. This is not to say that disputes between employees and their employers in the free zone will not first be heard at the ministry. The ministry may entertain such claims and there is nothing as yet under UAE law precluding that unless the free zone authority has a special ordinance governing the relationship between employee and employer.
Labor and Employment Laws
Ras AlKhaimah OffshoreRas Al
Khaimah offers business and individuals a wide range of comprehensive services
and structures that are dedicated to non-residents. RAK Offshore also benefits
from one of the most comprehensive list of non-double taxation treaties in the
world.
NO NEED TO TRAVEL Simply send us an email.Company
will be ready within 1 Day.·
100% tax exemption
·
100% foreign ownership (no local sponsor is
required)
·
Limited liability company (option to have Inc.
or Ltd.)
·
Minimum share capital only AED 1,0000
·
Extreme discretion and confidentiality of the
RAKFTZ International Company Registry
·
Ability to maintain corporate bank
accounts (multiple current accounts) in U.A.E.
·
Ability to own e.g. real estate property in U.A.E.,
patents, trademarks
·
Ability to Taylor the company, MOA and AOA to suit
your needs (e.g. to common law)
·
Absolute privacy, confidentiality and protection of
assets and information
·
No accounting or reporting requirements (safes
accounting fees)
·
No annual audit report needs to be submitted to the
authorities
·
Minimum one director required (Jebel Ali Offshore
Company requires 2 directors)
·
Option of choosing the law (common law, civil law
or any jurisdiction of your choice)
·
Own an International Company and take advantage of
more than 47 UAE double tax treaties
·
A certificate of residence can be issued for
foreign tax authorities who are quite unique in the offshore world
Local Expertise Business Setup UAE
We have built our reputation on long
established traditional values based on experience, professionalism and hard
work our local expertise and knowledge area enables us to provide our clients
with informed recommendations based on individual requirements and desires.
Our friendly, well trained and highly experienced staffs have extensive local
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discuss Company Setup in UAE, Business or Legal Issues, We are available 24/7
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you have any specific Questions!info@dubaibusinesskey.comwww.dubaibusinesskey.com
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