Are you looking to create your own free zone company but wondering how the company’s formation works and what sort of benefits it offers? Dubai has emerged as one of the best places to start a business
The location of the free zone in Dubai is enough to boost the business as the emirate name can get you things that you have imagined only. Nowadays, there are a series of people who are looking to set up their business in the company jurisdiction but this requires proper strategic location in Dubai as one can utilize the opportunities that Dubai has to offer.
Any company planning to start the operation for trading multiple products which may or may not be related to a specific industry can opt for General trading license. General trading license in UAE allows the company to trade, import and export wide range of goods and products in the specific Emirate where the license is issued as well as the other Emirates.
Scope of General Trading License
General Trading License allow import and export of goods like building materials, accessories, clothes, home appliances electronics, furniture etc. When you have multiple trading activities that are in different sectors, you can have a UAE general trading license that will cover all of it. Companies are allowed to trade any number of products but with an exception in the type of products like arms and ammunitions, tobacco, alcohol etc. that are prohibited by the Government. General trading license in UAE is costlier when compared to other options but it has its own benefits like multiple activities can be covered under one umbrella. General trading license in UAE is issued from free zones and mainland.
Advantages of General Trading License
● 100% WAIVER ON GENERAL TRADING ACTIVITY FEE
Enjoy the freedom to trade a wide variety of goods under one Commercial License with a premium Dubai General Trading Activity Fee, now 100% WAIVED FOR LIFE!.
A wide range of services and trading opportunities become available to you if you own a general trading license. A general trade license allows you to initiate trading of your goods and services in a B2B, B2C, and a C2B business model.
● ONE UAE RESIDENCE VISA FREE FOR LIFE
One Residence Visa Free for Life for Packages with Visa Allocation, or discount on 1-Year Business Licenses with Zero Visa Allocation. Prices guaranteed for the next 3 renewals on all new 1-year Business Licenses.
● ADDITIONAL BENEFITS
You can also gain additional benefits from the wider ecosystem that includes access to exceptional health coverage for your employees, a selection of state-of-the-art commercial real estate, and others.
−100% tax exemption (excluding 5% vat).
− Tax-free import/export, in and out of the Free Zone.
− A safe and liberal business-friendly legal framework.
− 100% foreign ownership of commercial enterprises.
− 100% repatriation of capital and profit.
− No paid-up share capital requirement.
− Multinational, multilingual team.
− Multiple activities can be combined in one license.
− Different office options with flexible rental terms
− Wide range of warehousing facilities
The setting up of a business in the UAE can be a taxing process also we believe in making the process feasible.
How YUGA will assist you?
YUGA is specialized in LLC Company Formation in the Mainland as well as Free zones of UAE. Our expert Business Consultants will handhold you throughout the company formation process and ensure you obtain the General Trading License in UAE the most seamless way.
We will provide you with the right company formation package based on your business requirement. Send us the documents online and we will register the company for you remotely. Reach out to us for more information about Company Formation and Obtaining a General Trading License in UAE.
Reach out to our experts to know more about Company Formation in UAE.
FOR MORE INFORMATION, CONTACT US :
Phone : +971 52 1952 532 / +971 4 240 1110
Mail-Id : info@yugaaccounting.com
Website : www.yugaaccounting.com