What are the benefits of forming a FZE Limited Liability Company in Dubai?

One of the biggest benefits of utilising an LLC company structure is that it safeguards the company’s owners from any liabilities, debt, and other financial obligations that may develop as a result of the business operations of the company.

By setting up a limited liability company in an emirate like Dubai, you would ensure that your financial investment in the company limits your liability to that amount. Creating an LLC in a free zone such as Meydan Free Zone has a number of additional benefits, such as:

• FZE LLCs allow for 100% foreign ownership. As a result, foreign entrepreneurs who control their entire business without involving a local partner will benefit from this arrangement. You will still have to enlist the help of a local sponsor, to whom you must pay a mutually agreed upon annual fee.

• You are protected from liabilities. This appears to be one of the key advantages of an FZE LLC structure. Shareholders are safeguarded by this sort of business model from potential liabilities and debts related to activities.

• You receive full repatriation of capital and profits. Businesses that operate in free zones are allowed to return 100% of their profits to their native country. It is a significant step forward to allow them to transfer 100 percent of their wealth back to their places of origin without any restrictions.

• The security of being protected from losses. This means that if worse comes to worse, you will only suffer losses equal to your investment in the company

• There aren’t any individual, corporate, or income taxes.

• There are no import or export taxes to be paid.

• Import and export duties are exempt from payment.

• Convenient hiring and cost-effective employee management. This means that you can hire the workers you truly want and will best suit your business.

• Various types of commercial operations can be conducted in free zones. As a result, you can pick from a variety of business ventures that facilitate connections with other people.

• There are numerous amenities offered. You can choose from a wide variety of facility options depending on your business setting. Everyone can find something at Meydan Free Zone, from flexi-desk areas to traditional offices.

• You can apply for 2-year UAE residency visa for you and your family.

The Opportunity for a UAE Residency Visa for Two Years

The most common way to obtain a UAE residence visa in a free zone is to obtain an employment contract with one of the free zone companies, where the employee and employer will enter into an agreement at the employer’s discretion. The UAE Residence Visa issued by a Free Zone is usually valid for two years.

Entrepreneurs who want to start their own businesses in a UAE Freezone can apply for residency in the UAE as an employee (e.g., manager, business development, etc.) or as an investor. An Investor visa is also valid for two years and does not require a deposit at the immigration office. Some people prefer Investor visas because the application process is simpler and the submission of a legalized diploma is not required.

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Meydan Free Zone is an excellent location for establishing your LLC and gaining a competitive advantage. Meydan Free Zone, located in the heart of Dubai, is surrounded by towering skyscrapers and excellent transportation systems, and provides facilities that are sure to boost your business. Throughout the registration process, our team of experts is ready to respond to and listen to every question and request in order to ensure that the registration process is error-free.

Our team at Meydan Free Zone can guide you through the entire process and ensure that all legal requirements are met seamlessly.

Get in touch today!