The TECOM group is a subsidiary of Dubai Holding – which is an investment conglomerate of Dubai Government. The enormous and industry specific freezones established by TECOM offer engaging business opportunities in Dubai. Not only are these freezones affordable in terms of Dubai, but they also cater to the demand of commercial enterprises and businesses oriented demands.
TECOM freezones are designed and constructed in a way to meet the increasing demand of the various level of businesses in Dubai. Each TECOM freezone is segregated depending on the commercial activity, which makes business more opportune.
Here are some of the significant business opportunities in Dubai TECOM Freezone:
Oriented Regions: Business prospects in TECOM freezone accentuate due to the business oriented jurisdictions available. While a company related to IT services may start business in Dubai Internet City or Dubai Outsource City; a media company can setup a business in Dubai Media City, Dubai Studio City or even Dubai Production City; educational institutions can start a school or college in Dubai Knowledge Park. Dubai International Academic City. Innovation based companies could opt for Dubai Science Park, while general industries or companies can start manufacturing units at Dubai Industrial Park or establish companies in Dubai Wholesale City, Dubai Design District or even the newly added Emirates Towers Business Parks for premium business.
Jurisdictional Perks: Being a freezone jurisdiction, TECOM has plenty of advantages in terms of shareholding structure such as investor options and 100% foreign owned enterprise. Also, the other perks involve complete repatriation of capital and profits; 100% corporate and personal income tax exemption; exemption of import and export taxes; state of art infrastructure; no currency restrictions; high tech communication facilities; etc.
Easy Business Setup: Another significant factor of Dubai TECOM freezones is that setting up a business is easier and swift. TECOM freezones provide single window system that makes the process of starting a business in these region extremely convenient and easy. This also allows businesses to save their precious time to concentrate more on the business opportunities in Dubai, rather than on lengthy administrational works.
And to make the process speedier, just contact Shuraa Business Setup! We at Shuraa take you through the multiple TECOM freezones in Dubai as well as advice you which freezones would suit your business activity the best. For more information on TECOM freezones or any other freezone in Dubai or UAE speak to Shuraa Business Setup consultants’ right away!