The main purpose of the making of free zone is boosting the business on international levels. The foreign investors invest in the free ones and as a result the economy of the country increases.
There are a lot of free zones in the premises of UAE. All of them have been designed to increase the business of the country while providing 100 percent ownership to the investors.
Different free zones have different facilities for investors. The investors invest in the place they find more feasible than the others. The steps for the business set up in UAE have also been made really easy for investors so that they do not find any difficulty in opening their business setups in the free zones.
Different free zone set ups you can avail includes;
Sharjah free zone company setup
Hamriyah free zone company setup
Steps of Hamriyah free zone business setup
Company name reservation
Reserve the name of your company while there is enough time. This is because if you do not reserve the company name prior t any other thing, there are chances that your name will get stolen by someone else. Knowing the importance of company name, you better reserve it as soon as there is enough time left.
Select the location which is best suitable for your company. The location plays a great role in your business establishment as well. If you do not choose the location attentively, you might lose a chance of boosting your business to a great extent. Hamriyah free zone company formation cost can be really reasonable for most of the business investors.
Deal with contractual affairs effectively
Forming a contract is as important as opening a business set up.so, make sure that the contract you form has all the important clauses that are needed for your business.
Open a bank account for your business in Sharjah free zone business setup. To get the bank statement, inject as much of the capital share you want.
Allocate budget to all the functions that are required for your business. There are different businesses without which you cannot run your business properly.
If you want to get the Sharjah free zone license at a less cost from the free zone authority. without a business license, you will not be able to work at all. So, secure it before opening your company click here.
Free zones have state of the art infrastructure
Free zones are considered a better option for company formation because they provide all the facilities to the companies from here. Tax exemption is the best reward you get for opening a business set up in UAE.
Benefits of setting up your business in Hamriyah free zone
If you form your business set up in UAE, you will not have to pay tax at all.
Not just that there is tax exemption in free zones but also 00 percent ownership as well. So, get to have a whole hold on your business after opening a business set up in Hamriyah free zone
No import-export duties
You won’t have to pay import expert duties as they will be excluded for you.
No corporate tax
For about 15 years, corporate tax will be expected for you. Also, you can get an additional option of renewal of corporate tax exemption as well
No capital deposit needed
There is no need to have a capital amount for you in order to start your business in UAE free zone.