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How to register a business in a free zone?

By Olivia House

How to register a business in a free zone?

Free Zone Establishment (FZE) The differences lie in the number of shareholders and whether the shareholder is a natural person or a legal person. All free zones might not register both types of companies. You need to check with individual free zone authorities about the type of company they can register.

Are there any free trade zones in Spain?

The Spanish Government operates 4 Free Zones: i) Ceuta and Melilla free zones ii) Cadiz Free Zone iii) Vigo Free Zone and iv) Canary Islands Free Zone. These zones offer multiple benefits including i) reduced corporate tax rate of 4% ii) reduced VAT rate of 7% iii) transfer tax exemption and iv) stamp duty exemption.

Can a free zone company trade with the UAE?

A Free Zone Company is not allowed to trade directly with UAE market. The Free Zone Company can undertake the local business only through the locally appointed distributors. Custom Duty 5% is applicable for the local business.

Can a foreign company use a free trade zone in Singapore?

In accordance with the Free Trade Zones Act, both foreign and local companies can use the Singapore FTZs. They must however obtain a permit from the free trade zone authority.

How to register company in USA free trade zones?

Tetra Consultants assist our international clients to register company in USA free trade zones. Our service package includes company registration, license application and opening local or international corporate bank accounts. Tetra Consultants is the one-stop solution for you to start legally conduct business using a USA entity.

How to incorporate in the Spain free zone?

In order to incorporate in the Spain free zone, our Clients will be required to apply for approval from the relevant from the authorities. Next steps will include i) reservation of business name ii) preparation of incorporation documents iii) notarization of the documents and iv) tax and business license registration.

How to start a business in free trade zones in Turkey?

The tax facilities and the possibility of connecting with international hubs are important aspects considered by businessmen interested in starting companies in Turkey’s free trade zones. Plus, one can choose the type of activity he/she wants, such as repair and maintenance, manufacturing, warehousing, sale, and purchase, to name a few.

How to set up a business in a free zone?

Setting up a business in a free zone is relatively easier. Free zone authorities require minimum paperwork and duration. Here are the key steps to set up a business in a free zone. Determine the type of legal entity your business would take up. In a free zone, you can set up one of the two types of companies: