The 50 years of the United Arab Emirates are fast approaching,  marking the Golden Jubilee. On this occasion, the country stands ready to celebrate its achievements and congratulate those who made them possible as well as all future generations who are preparing to maintain progress over the next five decades.

On Sunday September 5th, a national conference was held where the UAE announced the first set of 50 new projects and initiatives that will be unveiled later this month.

The “Projects of the 50” is a series of development and economic projects that will be rolled out throughout the month of September, which aim to accelerate the development of the United Arab Emirates, consolidate them into a complete pole in all sectors and attract talent and investors from around the world.

Some projects in the fields of economy, entrepreneurship, digital economy, space and advanced technologies have already been revealed last Sunday.

One of the major announcements was the charter of 10 principles called the “Principles of the 50” namely:

  1. Strengthening the union
  2. Build the best and most dynamic economy in the world
  3. The end goal of politics is to serve the economy, while the end goal of economy is to provide the best life for the people of the UAE
  4. Developing education and attracting talent is the key to maintain the UAE’s excellence
  5. Good-neighbourliness is the basis of stability
  6. The UAE is one united economic, tourist and industrial destination
  7. The digital, technical and scientific excellence of the Emirates will define its development and economic frontiers
  8. The core value system in the UAE shall remain based on openness and tolerance, the preservation of rights, the rule of justice and the law
  9. Political disagreement with any country should not justify failing to provide relief to that country in cases of disasters, emergencies and crises
  10. Calling for peace, harmony, negotiations and dialogue to resolve all disputes is the basis of the UAE’s foreign policy

VISAS

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates announced the launch of a new type of visa ‘the green visa’ aimed at entrepreneurs, investors, highly qualified people, the best students and graduates.

People with this new visa will be able to sponsor themselves.

The big news is the possibility of sponsoring sons up to the age of 25 (compared to 18 before) as well as a grace period of 90-180 days to stay in the country once their visa has been canceled due to ” job loss or retirement.

This visa also allows you to sponsor your parents as well.

The full criteria, including how and when the visa will be available, have not yet been revealed.

Another visa called Freelancer has also been launched. This visa is made for self-employed people based in the UAE and abroad in specialized fields such as artificial intelligence, blockchain and digital currencies.

As regards the Golden visa, are now eligible: CEOs, managers, specialists in science, engineers, health, education and technology.

Other changes should be taken into consideration:

  • Extension of business travel authorizations from three months to six months
  • Sponsorship of parents under the visa of family members
  • One year extension of residence for humanitarian cases

All of these measures have been introduced in order to improve the competitiveness and flexibility of the UAE labor market, facilitate the growth of the sector as well as granting greater stability and security to residents.

Also new, teenagers aged 15 and over will be allowed to work part-time for the first time!

This temporary work permit would allow them to get a part-time job and get a foothold in the world of work, without interrupting their studies.

RELAXATION OF LAWS ON RESIDENCE

Widows and divorced women will soon be able to stay longer in the UAE without visa restrictions.

Instead of a 30-day grace period, they will be able to continue in the country for an entire year.

AT INDUSTRIAL LEVEL

New initiatives to support the growth of the local industrial sector were unveiled by Dr Sultan Al Jaber, Minister of Industry and Advanced Technologies, as well as Sarah Al Amiri, Minister of State for Advanced Technologies.

The recently launched 5Bn project will be allocated a budget of AED 5 billion to support UAE projects in priority sectors and is part of the UAE Development Bank’s April 2021 allocation of AED 30 billion to assist accelerate industrial development, adopt cutting-edge technologies and support entrepreneurship and innovation by 2025.

The Emirati government has also launched ‘Tech Drive’, a 5 billion AED program to support the adoption of advanced technologies in the industrial sector.

THE NEW DATA LAW

The UAE is also set to unveil a new data law that will ensure the privacy of individuals and international businesses, revealed Omar Al Olama, Minister of State for Artificial Intelligence, Digital Economy. and remote work applications.

This new law gives individuals the freedom to control how their personal information is used, stored and shared, and in a way that supports the preservation of the privacy of individuals and institutions in the country.

Al Olama also announced that the country is redoubling its efforts to attract more coders. “The first step was to announce 100,000 visas to programmers and coders,” he said.

He announced the “100 programmers per day” project, a project that is expected to add 3,000 programmers per month to the national economy, reaching 100,000 programmers in 12 months.

The country is specifically seeking to increase the number of women in the sector, with the goal of “having the highest number of coders per capita in the world.”

ECONOMIC PARTNERSHIPS

The agreements are part of the UAE’s Global Economic Partnership Strategy, which aims to double the size of the national economy from AED 1.4 trillion to AED 3 trillion over the next 10 years.

The country has also launched three initiatives to stimulate foreign direct investment:

  • The 10 × 10 program aims to achieve an annual increase in the country’s exports of 10% in 10 key markets: China, UK, Netherlands, Italy, Russia, Poland, Luxembourg, Australia, New Zealand and Indonesia.
  • A new electronic portal – invest.ae – has been launched to serve as an umbrella for all local investment related entities and 14 state economic entities and will present all investment opportunities across the UAE. The portal will also provide information on the local investment environment, as well as bank and business account opening services. It will also highlight entrepreneurial successes.
    This electronic platform is designed to introduce the UAE to major international corporations and unicorn companies (billionaire companies) and encourage the world’s leading sovereign wealth funds to channel investments to the country. It will also facilitate the identification of investors unable to invest in their own country, open communication with them and encourage the transfer of their investments to the United Arab Emirates.
  • The United Arab Emirates will host the Emirates Investment Summit to connect investment funds with the public and private sectors to attract AED 550 billion over the next nine years. The summit is scheduled for the first quarter of 2022.

More projects aimed at boosting the economy will be revealed during the month.

More details on these measures: https://uaenext50.ae/?page_id=75&lang=en

If these new measures speak to you, it is time to contact our team to explore the possibilities for setting up your business in the United Arab Emirates.

We are open and ready to receive you from Sunday to Thursday from 9 a.m. to 6 p.m. in our offices in the center of JLT: Goldcrest Executive, office 1005 – Cluster C, JLT.

More info : support@merritt.ae /  +971 52 8200 964

We all have dreams and ambitions, and our professional career is the key to realizing them.

While some people prefer to be an employee, others need to begin their own journey and set up their own business to achieve their goals.

So, if your career plan is to start your own business, then choosing to set up in a Free Zone is the best business choice you can ever make.

Free Zones are designed to attract direct investment and boost international business by providing 100% foreign ownership to expatriates. If you are looking for total freedom “how to choose THE RIGHT Free Zone for your business in the UAE?”.

Benefits of Company Formation in a Free Zone

There are a lot of benefits to setting up your business in a Free Zone, and as explained above, the 100% foreign ownership is one of the first motivations pushing the entrepreneur to set up in a Free Zone.

But Free Zones also offer other advantages. Here are some of the mains reasons why you should initiate your business in Free Zones:

  • Full foreign ownership: this means you can operate alone without an Emirati “silent” partner. You are the single owner and stay in control of your business;
  • Free Zones are considered business hubs and allow you to quickly enter your products/services into the market. Free Zones are often specialized in industry or product types, but some of them are generalized and can accept almost any kind of activity;
  • You have the right to repatriate the totality of your funds to the state of your origin: both profits and capital;
  • 100% transfer of funds;
  • There is no personal or corporate taxes on your income and gains: TAX FREE, everything your earn is for you;
  • Export/import duty is very minimal making the Free zone very attractive and lucrative to penetrate. Free Zones businesses enjoy a 100% duty exemption on all exports to non-GCC countries but customs duties apply when you’re selling on the local and GCC market. If you want to move your goods from Free Zone to mainland you will pay taxes;
  • There is a wide range of set up solutions in the UAE, be sure you can find the right fit for your business (visit our shop here). It is the perfect location for SMEs and start-ups;
  • Readily available workspaces: a lot of options for warehouse and offices spaces are available within the Free Zones. Note that some Free Zone require a minimum office size, but most allow you to have a flexi-desk (shared workspace);
  • Some laws in mainland are not applicable for a Free Zone. For example, employees of Free Zone entities have visa validity for 3 years as opposed to 2 years for employees of mainland companies;
  • 100% confidentiality: your data is kept confidential by the free zone authority, no one can access it;
  • The procedures are simplified and easy: employee recruitment, sponsoring family members, etc. ;
  • The costs in a Free Zone are less expensive than for a mainland business. Although some Free Zones are more expensive than others, there is a Free Zone for everyone budget;
  • Support and assistance: very smooth and accessible authority. There is no excessive bureaucracy to deal with.

Are you ready to start your business in a Free Zone?

With these insights, it is time to think seriously about a business set up in one of the 40+ UAE Free Zones, spread out across the seven emirates.

Although the rules and laws can be similar, each Free Zone is totally independent and different. You might face differences in the business environment and the services they offer. Choose your Free Zone wisely!

Don’t start this journey alone. Get rid of the anxiety and the hassle posed for newcomers.
As an authorized company registration agent, we have THE solutions to help you set up your business correctly and smooth your path through the registration process. Call us now +971 58 514 2021.

With FreeZoneMarket.ae you can even set up from the comfort of your home, find the RIGHT Zone HERE.

For years, Dubai and the UAE have tempted ambitious entrepreneurs from all over the world. This attractive destination tucked in the heart of the world, offers access to dynamic and emerging markets.

Despite all that, setting up a business in the UAE has never been a piece of cake. A multitude of options and structures are available and you might be completely lost when faced with a complex offer.

But the main reason why entrepreneurs come to set up their business in UAE, is the possibility to open a business in a Free Zone and get 100% foreign ownership.

You might ask, what is a Free Zone? Also called a free trade zone, Free Zones are geographically demarcated business zones in which companies may operate to benefit from a preferential tax, customs and import regime. But the biggest benefit of operating in a Free Zone is the ability to have 100% foreign ownership of the company. This means you do not need a local sponsor or partner to open your business in the country!

In the UAE, there are more than 40+ different Free Zones with more or less same characteristics. However, each Free Zone has its own requirements regarding activities, office/warehouse spaces and capital requirements. And each offers the possibility to develop and flourish your business in accordance with their specific types of business activities.

Here a guide on how to find THE RIGHT Free Zone for your business

STEP 1: Define your activity

  • Each Free Zone has a range of activities that an entrepreneur can undertake. Some allow multiple activities under the same license, while others do not, but generally, the more activities you choose, the more the license will cost. Usually, the best scenario is to find a Free Zone which allows all the activities you need under the same license. For example Dubai Multi Commodities Centre (DMCC) Free Zone, allows you to have up to six business activities under the same license. Here is a non-exhaustive list of the most popular business license types in the UAE: Service license (consulting); E-commerce license, Media license and General Trading license. 

STEP 2: Define the facilities you need

  • A shared office in a co-working space, often called a flexi-desk, is typically included in the price of the license, although they are not available in some zones. These are a minimum requirement to get your business license in the UAE. But if you are planning on meeting clients and/or hiring employees, you will need to opt for a private office.
    Note that any license issued by a Free Zone is only allowed to have a facility, shared or private, within that same Free Zone.

STEP 3: Define which emirate you prefer

  • You can settle your business in any of the seven emirates because each emirate has one or more Free Zones. The northern emirates tend to have cheaper Free Zones fees compared to Dubai or Abu Dhabi.

STEP 4: Define the number of Visas

  • As a business entrepreneur, you will need a Residence Visa to stay and operate legally in the UAE. The number of visas available under a license (a visa quota) depends on the type and size of office space used. The quota as well as cost of a visa will differ from one Free Zone to another. For example, in Dubai you usually only get two or three visas with a shared desk, while if your business is located in one of the northern emirates you might be eligible to more visas.

STEP 5: Define the amount of capital

  • One of the requirements when registering a company in UAE is to deposit a share capital amount. It can be deposited in your company account or into the Free Zone authority account.
    The share capital amount depends of the Free Zone; you need to ask about your Free Zone requirement.

STEP 6: Draft your budget

  • Start by finding the applicable fees for registration, license, establishment card, offices rental, residence visa (for shareholders and employees), all for the first and following operating years.
    You can find this information by yourself or get the help of a business consultant to facilitate the whole process.
    Here at FreeZoneMarket.ae, we have a team of multilingual experts dedicated to help you establish your business in the right Free Zone and handle the processing of a license, residence visa, or company bank account opening.

 

To get all the information you need, please contact our team at info@freezonemarket.ae or (+971) 58 514 2021.

A world-class hub for media and creativity

Ajman Media City Free Zone, in the city of Ajman, is the latest free zone offering in the United Arab Emirates. It has been formed with an aspiration to create a dependable, harmonious, and a professional environment for businesses and individuals alike in line with the “Ajman 2021” plan.

AMCFZ aims to create a world class environment with innovative and flexible processes to ensure professional guidance in every step of company formation.

Located in the emirate of Ajman, AMCFZ offers tailored and affordable packages for those in the media industry.

This Free Zone offers 3 types of licenses:

  • Service license: this license allows production, re-production, transformation and distribution of services
  • Trading license: this license authorize the import, export, distribution and storage of items specified on the license
  • E-commerce: this license allows the holder to conduct sales of goods through an online website.

This Free Zone offers 3 types of companies:

  • One-Owner Company (FZE): in this structure you are the only shareholder running the company. The 0 visa or 1 visa package is enough and suitable for this type of structure. You don’t even need to be physically present in the country. By opening the company you will establish a presence in the UAE market.
  • Multiple Owner Company (FZC): in this structure multiple shareholders are allowed which lends itself to multi visa packages. As it is a limited liability company, the liability of the investors is limited to their share capital in the company.
  • Branch of a Foreign Company (BFC): this structure is for people who don’t want to conduct business in the UAE but only have a presence on the market. You have the possibility to run your business from anywhere in the world and have your representative office in the UAE
  • Branch of a Local Company (BLC): this structure is for companies already established in the UAE. For example you have a company in mainland or free zone in the UAE and you wish to open a branch in AMCFZ.

AMCFZ provides a wide scope of business activity areas, including:

  • Event Management– conference organization, theatre management, sporting event management, etc.
  • New Media–web design, digital media, photography, etc.
  • Music– recording, production, management, etc.
  • Consultancy– from legal and HR to investment and business consultancy.
  • Publishing– books, magazines, newspapers, online content and more.
  • Film– production, post-production, scoring, promotion, etc.

If you own a license from AMCFZ, note that you can undertake both commercial and service activities under the same license.

Advantages of business setup in AMCFZ

  • Own your business 100% (no local sponsor required)
  • 100% repatriation of capital and profits
  • No corporate or personal income tax
  • Multiple business activities in one license
  • License issued within 24 hours.
  • Quick and simple online registration process
  • Option of setting up your own business without having to issue a visa
  • Low cost of living in the Emirates of Ajman
  • The location of this Free Zone is strategic and central

Click here for more information about AMCFZ or call +971 58 514 2021.

In 2019, the United Arab Emirates implemented a new long-term visa called the “Golden Visas”.

But who is this new type of visa for and what are the conditions for getting one?

These new visas, called Golden Visas or long-term visas, were initially intended for scientists, doctors, entrepreneurs and investors and their families in order to attract knowledge and human capital to the United Arab Emirates.

A few months later, the program was extended to doctoral students from prestigious universities, exceptional doctors, engineers in specific fields such as biotechnology and computer science, students graduating with honors from universities accredited by the Emirates.

To date, thousands of visas have been issued to these exceptional people.

This new program was launched in 2019 with a strong message from His Highness Sheikh Mohammed bin Rashid al Maktoum, ruler of Dubai. For him, these new types of visas are “our way of welcoming all those who seek to be part of the success of the United Arab Emirates.”

Usually, residents of the Emirates receive a visa for a period of 2 or 3 years according to their employment or as an immediate family member of an employee in the UAE.

But with this Golden Visa, beneficiaries can live, work, and study in the Emirates.  They can also have 100% ownership of their business on the mainland without sharing it with a local sponsor. Normally, a foreigner wishing to open a mainland business must have a local sponsor who owns 51% of the shares of the company leaving the remaining 49% are for the foreign investor and his associates.

These Golden Visas are issued for a period of 5 or 10 and are automatically renewable.

Eligibility for a 10-year visa

The following categories are entitled to apply for a 10-year residence visa in the UAE:

  1. Investors in public investments of at least AED 10 million
    The investment may take many forms such as:

    • A deposit of at least AED 10 million in an investment fund inside the country.
    • Establishing a company in the UAE with a capital of not less than AED 10 million.
    • Partnering in an existing or a new company with a share value of not less than AED10 million.
    • Having a total investment of not less than AED 10 million in all areas mentioned, on condition that the investment in sectors other than real estate is not less than 60 per cent of the total investment.
  2. Persons with specialized talents
    • This includes specialized talents and researchers in the fields of science and knowledge such as doctors, specialists, scientists, inventors, as well as creative individuals in the field of culture and art. The visa advantage extends to the spouse and children. All categories are required to have a valid employment contract in a specialized field of a priority in the UAE.

Eligibility for a 5-year visa

The following categories are entitled to apply for a 5 year residence visa in the UAE:

  1. Investors in a property in the UAE, conditions:
    • The investor must invest in a property of a gross value of not less than AED 5 million.
    • The amount invested in real estate must not be on loan basis.
    • The property must be retained for at least three years.
  2. Entrepreneurs
    • This category includes those having an existing project with a minimum capital of AED 500,000, or those who have the approval of an accredited business incubator in the country.
  3. Outstanding Students
    • outstanding students with a minimum grade of 95 per cent in public and private secondary schools
    • university students within and outside the country having a distinction GPA of at least 3.75 upon graduation.

The internet is a gold mine and it’s up to you to find THE right business model.

More and more, stores are emerging on the web. In particular through influencers who advertise their products through product placements. So, why not reap some of the reward by opening your own dropshipping site?

Before you start, what is dropshipping?

Dropshipping is trending right now. We hear about it everywhere on social networks and online. But for most internet users, this concept remains misunderstood or even unknown.

Dropshipping is based on a 3 part system:

  • a supplier that gives the reseller access to their stock
  • a reseller/dealer that highlights the supplier’s products on their website
  • a customer that buys the products

The mechanism is very simple. When the customer wants to order online, they go through the reseller’s e-commerce site which offers a wide range of products. It is important to note that this reseller does not have the physical stock of the products. When the customer places an order on the reseller’s site, they are actually placing an order with the supplier who is responsible for fulfilling and delivering the order directly to the customer.

In this configuration, the reseller is considered as a service provider since they connect the customer and the supplier. The reseller only takes care of the sale and does not worry about the rest, namely the supply chain and the stock.

The supplier – who takes care of the shipment of products – is considered as subcontractor.

This system is very attractive for the reseller who only has to sell the products. Indeed, the storage and the shipping of the products are the responsibility of the supplier.

In this case, the reseller’s number one priority will be to find a trusted partner who will take over once the customer has placed an order.

In short, the reseller is simply a service provider whose sole mission is to sell the supplier’s product to recover a margin.

Dropshipping, what are the advantages?

If you are new to the e-commerce industry, dropshipping can turn out to be a very lucrative business.

The main advantage of this business model is that it doesn’t require the initial capital investment usually required to buy the stock that is sold in a traditional brick and mortar retail space. Neither does the reseller need to worry about unsold stock since by definition dropshipping they have none.

It therefore becomes possible and accessible to launch a business at a reduced cost, the ideal way to launch into entrepreneurial life.

Regarding earnings, before setting up this system, the reseller and the supplier first agree on a fixed amount to be shared only if a product is sold. There is therefore no additional cost to the reseller.

Yet another advantage is that an e-commerce site can offer a rich catalog of products right from the start without spending a lot of time and effort. That makes it possible to concentrate 100% on the core business: the sale of products.

The Flaws of this System

The main problem is finding a supplier you can trust in your industry since the reseller will have to present a solid case for the supplier to accept this system which is undoubtedly more advantageous for the reseller than for the supplier.

The dropshipping industry is largely powered by a network of Chinese suppliers and wholesalers. The number of Chinese dropshipping companies has exploded on the last years.

Therefore, close and regular communication must be established between the two parties. Indeed, the reseller must frequently check the inventory status of the suppliers in order to honor all sales made on the reseller’s e-commerce site.

This system has existed for several years and is used by most known platforms such as Amazon, Ebay, Priceminister, etc.

 

Our firm has developed particular expertise in dropshipping. Please do not hesitate to contact our dropshipping specialists for more information.

 

Launched in 2007 by His Highness Hamad Bin Mohammed Al-Sharqi, Ruler of the UAE Emirate of Fujairah, under the administration of Fujairah Culture and Media Authority, Creative City is operated by Fujairah Media Group.

Creative City Fujairah (CCFZ) is an alternative to Dubai Media City. Its goal is to attract regional and international broadcast TV and radio providers to the emirate of Fujairah, while offering creative media-related services.

Complimentary option for expansion

 

The Free Zone has been offering reliable services to thousands of clients in a successful and dynamic environment. It offers a cost-effective business set up package for the new entrepreneurs.

This kind of Free Zone helps entrepreneurs to make their name in the UAE especially when they are branching out from another country or starting up as a new one. For this reason, many have ventured into the business set up in Creative City Fujairah. Creative City is also one of the freelancer’s favorite Free Zone mainly because of the affordable license fees.

It provides an impressive professional activities list with a broad spectrum of service and consultancy segments. However, Creative City Fujairah does not have trading business activities except for E-commerce and General Trading.

It provides a wide scope of business fields including:

  • Broadcasting
  • Media & Marketing
  • E-commerce
  • Publishing
  • Event Management
  • Media Support Services
  • Consultancy
  • Business Information
  • Production
  • Music & Entertainment
  • Information technology
  • Design
  • Education

Fujairah Creative Zone is a totally new cluster and an addition to the media hub in the Emirates after Dubai Media City and twofour54 in Abu Dhabi.

If we consider the low cost of living and the lower cost of the licenses, this Free Zone is considered by the business owners media oriented as an alternative and complimentary option for expansion.

One of the advantages of this Free Zone is everything can be settled remotely: the company formation and the visa processing.

The main target of the Free Zone is new entrant and smaller players who are trying to establish new businesses or expand their current business to other emirates. Fujairah Creative Zone is stretched on 40,000 sq. meters of dedicated land area.

Advantages of business setup in Creative City Fujairah

Like any other Free Zone, there are a lot of benefits to set up its business in Creative City Fujairah Free Zone.

  • A higher number of visas without a private office compared to other Free Zones
  • Own your business 100% (no local sponsor required)
  • 100% repatriation of capital and profits
  • No corporate or personal income tax
  • You can combine multiple service activities under one license
  • Low cost of living in the Emirates of Fujairah
  • Successful professional business environment
  • International reach
  • No mandatory office lease
  • No auditing
  • No need NOC: if you are an employee you don’t need NOC from your sponsor to register your company

Fujairah is one of the northern emirates and it is only 1.5 hours ride from Dubai. If we compare it to other Free Zones, it is a young but it attracts a lot of clients from all over the UAE.

Creative City Fujairah Free Zone is a good option if you are looking to set up a business in another Emirate at an affordable price. Even if this Free Zone offers only services oriented licenses, the wide range of business offer makes it attractive and compensates this fact.

Click here for more information about CCF Free Zone or call +971 58 514 2021.

Dubai CommerCity is the first and leading Free Zone dedicated to e-commerce in the Middle East and North Africa (MENA) region. With an area covering 2.1 million square feet and an investment of around $1 billion, it is uniquely designed for the best and upcoming e-commerce players.

The Free Zone is perfectly placed to benefit from the expected e-commerce growth in the region that is outpacing the global growth average. It provides an environment that stimulates creativity and progressive development with the aim of attracting more foreign direct investments to Dubai. The zone is further positioned as a global hub with complete turnkey e-commerce solutions. Providing tailored consultation services including strategy development, selecting the right partners to support your business, performance marketing and content services, and guidance on e-commerce regulations in the region, your business can take unprecedented advantage of this growing e-commerce opportunity.

The Free Zone is divided into three clusters, each with its own innovative design.

  • The Business Cluster is home to modern landscaped buildings with Grade A premium offices.
  • the Logistics Cluster consists of state-of-the-art fulfillment center and dedicated and multi-client warehouse units with scalable pay-as-you-go pricing.
  • and the Social Cluster houses restaurants, cafes, exhibitions and events.

Dubai CommerCity has exceptional competitive advantages and offers a unique value proposition to support its clients in helping them grow and further scale their business. This includes short delivery lead times given its proximity to Dubai International Airport, which is key for regional shipments.

Other benefits include special e-commerce licenses, smart-cost structures, and significantly pre-negotiated partnerships to ensure the highest level of quality and services for e-commerce businesses of all sizes.

E-commerce Enablement

While your core business is to grow your e-commerce sales, many companies find themselves overwhelmed with the operational details and right marketing avenues. Dubai CommerCity offers a complete and comprehensive range of services to help you manage every detail down every avenue.

Warehousing & Last-mile Delivery

The Free Zone offers an all-ready-operational hub for the logistics, storage and movement of your stock.

The two types of warehouses Dedicated and Multi-Client Warehouses – are both scalable and flexible, ensuring customers are able to expand naturally.

Dubai CommerCity’s Multi-Client Warehouse operated by their strategic partners includes inventory management and warehousing, pick and pack, order fulfilment as well as returns management. Designed and developed with guidance from industry experts, warehousing and last mile delivery services are at the heart of the smart city’s warehousing and logistics operations.

The e-commerce dedicated city provides end-to-end warehousing including order management systems, streamlined customs clearance processes, last mile delivery services, and management of consumer and shipment queries including tracking and tracing of deliveries. With these partnerships at Dubai CommerCity, clients will be able to benefit from pre-negotiated, market competitive warehousing and last mile rates along with economical delivery lead times and coverage. You can also avail unique and exclusive pay-as-you-go storage options which is highly cost efficient and allows flexibility to scale your operations in-line with demand.

E-commerce Technology Platform & Services

You will find all the help and support you need to operate a successful e-commerce business on site. From webstore development to specialist e-commerce platform support, Dubai CommerCity has industry experts on hand, ready to assist.

Online trading and merchandising support, UX/UI developers, branding specialists, other associated creatives and payment gateway are all available to help you reach your audience and achieve success.

A wide range of project services are offered that includes consultancy, discovery and requirements, building, testing major and minor customizations.

E-commerce Strategy Consulting

Dubai CommerCity offers e-commerce strategy consulting to help you identify and develop the right e-commerce strategy for your business.

For foreign brands looking to move into the Middle East, Dubai CommerCity can help tailor your brand for the region whilst maintaining its core directives. Developing region specific e-commerce strategies based on your industry, we aim to give your brand the best head-start possible.

With end-to-end user experience enhancement, optimization strategy and e-commerce training programs, all accessible right here within the free zone, Dubai CommerCity’s e-commerce consultancy services put the power to promote and progress into your hands.

Customs Consulting

Running a cross-border e-commerce business requires more than a receipt and a thank you. To complete the e-commerce business set-up support, Dubai CommerCity also offers a customs consulting service to help you navigate the red tape.

Helping you to become a more efficient merchant, the customs consulting service provides advice and guidance through the more difficult areas of e-commerce trading. All the correct paperwork, in all the correct places helps for the smooth transfer of goods and a thorough knowledge of customs processes holds the key.

Using this knowledge and expertise, Dubai CommerCity’s customs consultancy service will direct you down the path of least resistance creating dynamic, efficient and economical customs practices for your business.

Bringing it all together

Dubai CommerCity is the ideal destination for any business looking to setup or expand their e-commerce business or for e-commerce ecosystem service providers to offer their services to a pool of regional and international e-commerce businesses. Whether you are a start-up or an established company, Dubai CommerCity offers free guidance and individually tailored e-commerce enablement services to all the potential investors to explore how your business can benefit from the growing e-commerce opportunity in the region. With fast and efficient Business Set-up processes and through their network of strategic partners, they provide you with all the information you need to take your business to the next level. Through innovative support services, modern infrastructure and endless networking opportunities, the Free Zone aims to provide suitable and stable groundwork from which you can grow your business.

This all-under-one-roof approach offers a truly complete turnkey solution that offers:

  • Fast and automated registration with pre-and-post business set-up support
  • Special e-commerce licenses and smart-cost structures
  • End-to end logistics services with competitive SLAs and 24/7 customer support
  • Pre-negotiated partnerships
  • A pre-integrated and pre-configured e-commerce platform
  • On-site ecosystem service providers
  • Performance marketing and content support
  • E-commerce strategy consulting services, and
  • E-commerce business support services

The goal of Dubai CommerCity is to create the perfect ecosystem to help your e-commerce business thrive in the UAE. With industry experts at every level, Dubai CommerCity is a one-stop-shop for all your e-commerce needs, pushing further the region’s status as an e-commerce world leader hence attracting more foreign direct investments into the UAE.

Visit CommerCity Free Zone page here or call our team on +971 58 514 2021.

The news is out!

In the latest official bulletin published by the Federal Tax Authority (FTA), it has been announced that artists and social media influencers (SMIs) will now be subject to VAT.

How will this work, since strictly speaking, these individuals are not companies? Well, it has been confirmed by the FTA that all services provided by these artists and influencers will now be subject to VAT on the same basis as companies registered in the Emirates.

The bulletin points out that 5% VAT will apply to all services provided by artists and influencers who operate inside and outside the country. This includes all promotional activities performed online on behalf of other businesses in exchange for a consideration (whatever the nature) and giving brands access to their community. These activities include the promotion of products or services on their social networks and blogs as a product placement on Instagram, all paid physical appearances and all activities related to online marketing and advertising, restaurant invitations, gifts made by brands and any other services that these SMIs could provide for a consideration (financial and non-financial).

This announcement was shared in the latest FTA Basic Tax bulletin on the Tax Treatment of Services Provided by Artists and Influencers.

The bulletin clarifies that both financial compensation for services rendered AND expenses are subject to VAT.

Additionally, any form of non-monetary compensation received by the artist/ influencer, such as handbags, phones, perfumes, clothes, etc. in exchange for their services, is also subject to VAT.

What does this imply for companies that pay or give gifts to these artists and influencers?

Under these conditions, the company that offers gifts in exchange for the services of these influencers will also have to declare VAT on these goods. This is only valid for companies that are registered for VAT and have a TRN number.

All of these artists and influencers are required to register for VAT if the total value of the services they provide and the rewards they receive (example: gifts and other benefits) exceeds AED 375,000 over the last 12 month.

Also, artists and influencers have the option of voluntarily registering for VAT if the total value of the services they provide and the rewards they receive is greater than AED 187,500 but less than AED 375,000.

In both cases, 5% VAT will be applied and must be paid by the artist or the influence.

VAT at 0% will be applied, if the influencers and artists contractually provide services to a company outside the Emirates.

DETAILS:

  • The term artist refers to all individuals considered to be performers, singers, performing artists, makeup artists, DJs, authors … and any person carrying out an activity relating to art.
  • Influencers are individuals who provide services by using their notoriety on their social media platforms such as blogs, YouTube, Instagram, etc.
  • For artists or influencers who are not residents of the Emirates, if they contractually provide services to a business subject to VAT in the UAE, then the artist or influencer will not need to register for VAT. It is the company receiving the service that will have to report to the competent authorities.
  • Otherwise, if the non-resident artist or influencer provides a service to an Emirati business that is not VAT registered, then the artist or influencer has to register for VAT.

The FTA office specifies in its bulletin that if an artist or influencer resident in the Emirates promotes an Emirati business abroad, 5% VAT will also be applied.

It is given as an example that “if a UAE based company owns a hotel outside the UAE, and contracts with an artist or influencer residing in the UAE to promote that hotel on its social media, the service provided by influencing it will be subject to 5% VAT ”.

Find the full bulletin on the official FTA website: READ HERE

Ajman Free Zone (AFZ) was launched in 1988 and was granted independent status by H.H. Sheikh Humaid Bin Rashid Al Nuami, Ruler of Ajman.

Creating success since 1988, Ajman Free Zone is a strategically situated at the entrance of the Arabian Gulf in the Emirate of Ajman. Their main aim is to offer a global opportunity for foreign investment with a platform for trade and industry business establishment. They provide a wealth of essential cost-saving benefits for entrepreneurs and investors within the United Arab Emirates and across the globe. They have simplified the process of business set- up through effective digitalization and by offering flexible and tailored packages to suit a variety of requirements. In addition, they provide a host of customizable service solutions and product offerings that meet a wide variety of needs to simplify business requirements. They remain committed to fostering the growth of their investors with dedicated and innovative ongoing support and advisory services, enabling them to fully realize their ambitions.

The creation of AFZ has boosted industrial activities in the emirate of Ajman, resulting in thousands of companies presently being hosted in the free zone.

AFZ’s strategic location at the doorway to the Arabian Gulf means easy access to both western and eastern markets. Ajman is easily accessible from two international airports and four seaports. The international Dubai/Sharjah airports are within 30 minutes’ drive from AFZ. Ajman Free Zone is located next to Ajman Port, which serves over 1,000 ships per year. Highways connect AFZ to other emirates. Sharjah is adjacent to Ajman and Dubai is only 12 km away.

Strategic Business Sectors

  • Food and Beverage: To date, there are more than 430 F&B companies concentrated on production and distribution of edible goods located in Ajman Free Zone.
  • Automotive: The Ajman Free Zone is currently home to 96 companies involved in design, development manufacturing, marketing, and selling of motor vehicles, making it one of the fastest growing sectors in the free zone.
  • Health & Beauty: More than 200 health and beauty related companies reside in Ajman Free Zone.
  • Construction: The free zone offers strategic business locations to various companies, entrepreneurs and freelancers. Come visit and see the plots of leasable land for all types of development. To date, there are more than 800 listed construction-based companies in the Ajman Free Zone.
  • Education: Ajman Free Zone is home to 170 education-based facilities that are highly suitable for advanced learning such as institutes, research centers, skills centers, universities, and international testing/exam centers.
  • Agriculture: Ajman Free Zone is currently working its way to becoming one of the most preferred destinations for agri-business and agricultural commodities–further marking its potential for great success. Currently hosting more than 20 agri-based companies, the goal is to support the increase of self-sufficiency from agricultural production and workforce in the agricultural sector by providing the ideal business location.
  • Oil & Gas: Ajman Free Zone is well equipped to deliver integrated solutions across the oil and gas business. The free zone is currently home to 70 oil and gas companies operating in the UAE.
  • Paper & Packaging: Ajman Free Zone houses 45 packaging companies which have found the free zone an ideal venue to operate in the region.
  • Jewelry (gold & diamonds): The free zone has been home to 361 jewellery based companies–hosting a collection of the most spectacular jewelries, precious stones, gemstones, gold, silver, platinum, and many other high-end accessories & ornaments.
  • Media: Equipped with modern facilities, the Ajman Free Zone is well-positioned to become the new media hub in the Middle East, while already a home to more than 200 media-related outlets and agencies. The free zone is designed to meet the needs of creative professionals and media practitioners seeking for flexibility and cost-effective business setup. Its attractive packages and incentives coupled with the emirate’s affordable cost of living and strategic location makes Ajman Free Zone a preferred destination for emerging talents in the region.
  • Marine: Ajman Free Zone offers easy access to Ajman Port, delivering a host of marine services such as ship building, repair, management, consultancy, conversion, and offshore fabrication. The free zone hosts more than 90 marine based companies at present.
  • Textiles: Ajman Free Zone serves as a strategic hub for more than 320 textile-based companies— offering the ability to import and export to the entire world with the most cost-effective advantages.
  • Advanced Technology: Ajman Free Zone is home to more than 400 companies in the technology sector.
  • Sports: Ajman Free Zone offers several incentives aimed at facilitating the growth of sports business in the UAE, and the process of setting up a sport business in AFZA that is seamless.
  • Chemical Industry: Around 230 trading companies operating in the Free Zone belong to a broad array of industries and benefit from AFZA’s capabilities to serve an even wider array of customers.

 License Types in AFZ

  • Commercial License: this license allows you to import, export, and distribute products throughout the UAE.
  • Industrial/Manufacture License: this license provides necessary manufacturing facilities within the free zone to accomplish multiple functions including the imports of raw materials, the manufacture of listed goods, and the export of products abroad.
  • Services License: this license allows you to offer the services listed on the license contract clause.
  • E-commerce License: this license is specific to companies carrying out business in electronic trading activities, allowing businesses to leverage the growth potential of e-commerce across B2C and B2B opportunities.

 Advantages of business setup in AFZ

  • 100% foreign ownership (you don’t need a local sponsor)
  • 100% repatriation of capital and profits
  • No corporate or personal income tax
  • The location of this Free Zone is strategic and central
  • Low cost of living in the Emirates of Ajman
  • Low cost office rental
  • Large scope of business activities (read above)

AFZ is a strategic choice to set up your business. Indeed, the Emirate is perfectly located, offering low startup costs, flexible business regulations, a low cost of living, and an affordable labor.

Click here for more information about AFZ Free Zone or call +971 58 514 2021.