24/04/2019
OPEN LOGISTICS COMPANY IN UAE
Logistics companies have important place in the market of UAE as its location that is bordering Persian Gulf and Gulf of Oman. It is also important place for worldwide crude oil transportation. This clearly indicates the importance of logistics business in the country. The government of UAE is completely aware of this fact and providing several incentives to logistics companies and assisting those who want to establish such companies in various emirates of UAE.
Logistics business basically deals with goods transportation so they are best suited to be established in areas closer to coast. In these areas, there are several free zones established exclusively for growth of logistics companies. As UAE itself is a big market for goods and for this purpose the logistics company in UAE mainland is also a good option.
UAE MAINLAND LOGISTICS COMPANY
It is profitable to setup a logistics company in UAE mainland as UAE itself is a big market for all types of goods from around the world which will allow distribution of products in all parts of UAE without any legal obstacles. Both imported and locally manufactured products can be stored and distributed in local market of UAE by these logistics companies.
UAE FREEZONE LOGISTICS COMPANY
There are two emirates that provide best opportunities for such companies, Dubai and Ras al Khaimah. Both these emirates provide exclusive free zones for logistics companies.
Dubai Logistics City is the Free zone that provides opportunities solely for logistics companies. It is easier for these companies to use this facility for import and export of different goods as this Free Zone is present near to important seaports, airports and highways. They also provides tax benefits, 100% foreign ownership and other specific advantages for logistics companies.
Ras Al Khaimah Logistics City Trade Zone is also very important free zone for such companies. This free zone provides the world’s best facilities to logistics companies including a universal transport center for loading transportation & freight shipping, checking & packaging of products and also the best transport administration.
Dubai Logistics City, also known as Dubai World Central, is the world’s first platform which was built for the purpose and development of logistics. Dubai Logistics City has been built to promote and provide better logistic and trade facilities in the UAE. Dubai Logistics is a government initiative which is the world’s first purpose-built aerotropolis. Dubai Logistics City is built in the neighboring region of Jebel Ali Sea Port, covering an area of 140 sq. km.
Dubai Logistics city Free Zone: Benefits. Dubai Logistics City Free Zone provides world’s biggest platform for the Logistics Industry. The benefits are.
1. It is a personalized sector built for the huge requirements of logistics.
2. The Free zone offers 100% foreign ownership, free transfer of capital, and exemption from income tax.
3. The Free Zone is connected via Jebel Ali port and covers the area over 7000 companies including 500 fortune club companies.
4. The Free Zone has the facility of pre-built warehouses, custom built units for freight forwarders, and separate lane for heavy vehicle movement.
5. The Free Zone visa regulations are simple and work force are easily available.
Logistics License is allowed to handle products and logistics services such as storage, distribution, inventory management and transportation, order management, forwarding, sorting, and clearing within the UAE.
