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Pick the ideal free zone for your business

 Many people travel to the UAE because of the country's pro-business regulations, which make launching a business a profitable venture. In addition to the simple startup procedure, the government has established several free zones that offer advantages in terms of location, ownership, licensing, and much more. There are already more than 50 free zones around the country, making the task of selecting one extremely difficult. In this post, we'll go through how to limit down your options so you can select the ideal free zone for you and your company.


Choose your business

The number of free zones to which you can apply will vary depending on your chosen economic business activity. Each free zone has its own regulating body that specifies the acceptable business activity from which you may choose. The amount of commercial operations you may do under a single license is likewise limited, and this varies from one company to the next. Businesses in the SPC Free Zone can combine up to five activities from several categories under various industries.


Location and facility

The number of free zones to which you can apply will vary depending on your chosen economic business activity. Each free zone has its own regulating body that specifies the acceptable business activity from which you may choose. The amount of commercial operations you may do under a single license is likewise limited, and this varies from one company to the next. Businesses in the SPC Free Zone can combine up to five activities from several categories under various industries.


Licensing 

As you may be aware, businesses in the UAE require a valid license in order to lawfully do business and begin the company creation process. This factor is strongly influenced by the sort of business you run, and free zone business settings are no exception. Many other sorts of free zone licenses are available, including service licenses, production licenses, commercial licenses, and many others. Companies who establish themselves in the SPC Free Zone can choose from approximately 1,500 license choices in the commercial, professional, trade, and e-commerce sectors.


Visa Limitations 

It is critical for entrepreneurs to have the necessary talent to manage a successful firm. In general, recruiting employees entails granting them work visa status, allowing them to work in the nation. The number of visas that can be awarded under a free zone trade license varies for every free zone. Under one trade license, the SPC Free Zone can issue up to 20 visas.


Requirements of Share Capital

One of the prerequisites for launching a firm is to deposit a certain amount as share capital. When it comes to paid-up capital, various free zones have varying criteria. SPC Free Zone, in particular, provides zero paid-up share capital as well as assistance in establishing the necessary help to open a corporate bank account.


Our experts from SPC Free Zone can also help you to do:


  • Business Set Up in Dubai

  • Company Set up in Dubai

  • Company Formation Dubai



  • Business Set Up in Sharjah

  • Company Set up in Sharjah

  • Company Formation Sharjah


If you know what you're doing, starting your dream business in a free zone may be a breeze.


For a consultation on the best alternatives for you and your business, visit: www.spcfz.ae 
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Location: Entrance No. 2, Ground Floor, Al Zahia Area - Sheikh Mohammed Bin Zayed Rd - Muwailih Commercial - Sharjah - United Arab Emirates

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