Overview

GCS Consulting• About Us• Our Services

Invest in Dubai• Dubai Overview • Beneficial Policies • Business Environment in Dubai• Fundamental Concepts • Free Zone & Free Trade Zone• Case Study: JAFZA • Misconception • Registration Q&A

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About US

GCS Consulting , established since 2011, is a specialized consulting firm on corporation management. We focus and specialize

on operations, logistics, finance, accounting, legal and marketing, with the aim to provide systematic solutions for clients.

GCS Consulting, with a dedicated international team, is the authorized registered agents with the Government of Dubai,

Ajman and Ras Al Kaima for the free zones and offshore companies. We help clients to set up business in UAE, and then

develop the business into Middle East, North Africa and East Asia. We provide clients with the latest news and solution of

business development, marketing and research, so as to reduce investment risks and efficiently establish the business.

Our Services

Company Registration

Customize the company type

and registration area based on

business model and objectives,

efficiently design and execute

the registration process.

Off-shore Company

Consultancy

Release and customize reports

regularly to analyze the regional

policies, trends, business

environment, cultural difference

etc.

Day-to-day Support

Provide the 360 degree

consultancy of legal, accounting,

logistics and trade, as well as

day-to-day admin support

Why GCS Consulting?

• Using to authorized data and expert analysis, we

provide exclusive information of business trends and

hot topics in the Middle East in the field of finance,

energy, healthcare and e-commerce etc.

• We have consultants and analysts from different

industries to follow the market trends. and provide

customized investment suggestions to the clients.

• The team is based in Dubai with insightful knowledge

and experience in relevant industries. We are the

expert with a deep understanding of cultural

difference and similarity between Arabs and Chinese,

which plays an important role in helping clients to

avoid miscommunications and reduce investment risks.

Provide package for off-shore

company registration and

maintenance, including

investment and tax consultancy

Dubai Overview

Dubai is a city of opportunity – a visionary global hub, stimulating financial,

commercial and cultural exchange across international markets.

Just over 40 years ago Dubai was little more than a small fishing village, but –

guided by HH Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai - it has

been transformed into a thriving, cosmopolitan city which fits into “The Belt The

Road” Initiative.

Dubai’s location is also important. It sits on the New Silk Road, a crossroads

between East and West, connecting South Asia, Europe, Middle East and Africa. It

brings business together seamlessly with the world-class transportation

accessibility.

When Sheikh Rashid bin Zayed Al Maktoum, the former

Ruler of Dubai, became the Ruler in 1958, he said:

“Whatever works well for the business benefits

Dubai.”

Under such belief, Dubai has always been at the front edge

of free zone business model, and established JAFZA in 1985

and Dubai International Financial Centre (DIFC) in 2004.

Beneficial Policies

• The rapid development of Dubai is contributed by

the strong government support, the outstanding

healthcare and education system, as well as low

tariff, the friendly business environment, e.g. 100%

capital and profits repatriation, no control of foreign

exchange and trade limits.

• These economic policies and initiatives thrive the

free trade in Dubai. In 2014, The World Bank ranks

UAE as the country with best business environment

in the Middle East. 80% of Fortune 500 companies

set up their regional headquarter in Dubai. Dubai is

indeed the curator of entrepreneurships.

Business Environment in Dubai200,000 - Chinese residents in Dubai10 - % of the Dubai population that is Chinese200 - Number of nationalities living in Dubai50 - % of UAE population under 35$54.8bn - volume of UAE-China trade in 2014 60 - % of China-UAE trade re-exported into Africa, Europe and beyond40 - % of GDP that comes from SMEs4 - Chinese banks operating in DIFC21 - Top 25 global banks based in DIFC400 - Fortune 500 Companies operating in Dubai4200 - Chinese firms operating in UAE

60 - % of Chinese firms in the UAE are start-ups3000 - Chinese firms with Dubai Chamber membership 13.2m - visitors to Dubai in 201425% - increase in Chinese tourists from 201320m - Projected number of tourists in 2020 70.5m passengers, making Dubai the world’s busiest airport for global travellers in 201411 - Chinese cities which have flights to Dubai100+ - Weekly Dubai-China flights

Fundamental Concepts

• Some sponsors have 100%

equity, while foreigners manage

the business. Some sponsors

have over 51% equity, while

foreigners are small

stakeholders. All the decision

should be signed by the sponsor.

• Company with sponsor can

enter all industries, while

certain industries, such as

construction contracting,

logistics clearing service , are

closed to free zone companies.

• The port/airport is the main

different between Free Trade

Zone and Free Zone. The

business activities in FTZ

benefits from the free-trade

policy, including beneficial

tariff and removal of procedure

restraining trade activities. The

imported products are free

from import tariff, while the re-

exported products to the third

country are free from export

tariff.

Sponsor FTZ/FZFZ company/Off-shore company

• Off-shore companies are

registered by foreigners. The

business can’t be run locally

but overseas, while it still

gets regulated by registration

country.

• FZ/FTZ company can be set-

up by both foreigners or

locals. The company benefits

from FZ/FTZ policies, e.g. tax

free, 100% capital and profit

repatriation etc.

Free Tax Policy

• The free (trade) zones in Dubai

guarantee the policy of free tax

for 50 years, including the

corporate tax, VAT, income tax

etc., while employees are free

from personal income tax.

• There is possibility that

government might change or

introduce tax policy in the

future

Free Zone/ Free Trade Zone ListFree Zone/ Free

Trade Zone

Function Port Business USP

JAFZA Free Trade

Zone

Jebel Ali Port Trade and manufacture of all

products

The biggest free trade zone with port in the Middle East. Jebel Ali Port has

free tax exchange agreement with Al Maktoum International

DAFZA Free Trade

Zone

Dubai International

Airport

Trade and manufacture of all

products

Logistics focuses on air freight. Some of service licenses are provided.

Dubai South Free Trade

Zone

Al Maktoum

International

Trade and manufacture of all

products

Logistics focuses on air freight. Some of service licenses are provided. Al

Maktoum International has free tax exchange agreement with Jebel Ali Port.

DMCC Free Zone None Multi-commodity Service Both trade license and service license

Dubai Media City Free Zone None Media Service Service Licenses including hotel management, supermarket etc.

Dubai Internet City Free Zone None High-tech/ Internet services Service License

DIFC Free Zone None Financial Service Financial Service License, Trade license

Ajman Free Zone Free Trade

Zone

Ajman Port Trade and manufacture of all

products

All kinds of licenses

RAK Free Zone Free Zone Saqr Port Trade and manufacture of all

products

All kinds of licenses

Case study: JAFZA

• Jebel Ali Port locates near Jebel Ali Free Zone

and Al Maktoum International which connects

Dubai into global trading seamlessly. JAFZA

has the biggest container terminals in MENA.

More than 90 weekly ships connect JAFZA

with more than 140 ports around the world.

• The trade volume between UAE and China

reached 54.8 billion USD in 2014, up by 18.5%

in 2014. Dubai is the third biggest re-export

trade hub in the world. 60% of re-export trade

between UAE and China goes to Africa and

Europe.

GCS Consulting previous clients @JAFZA

Misconception

All products transported and exchanged in UAE are free of tax

Once the company is registered, the business would kick off without much efforts

E-commerce is lack of competition. It is easy to enter the market.

Conduct property renting business with the free zone license

Investment Q&A

Q：What is the minimum Investment capital for Free Trade Zone?

A：The office rent is the main factor for the cost difference among different free zones, while registration fee itself makes little difference. For example, 50,000AED is roughly the investment capital for a small company, which includes the office rent, registration fee etc.

Q： Does company registration require capital verification?

A: The policies vary. Some free zones skip capital verification to smoothen the registration process, however, they still require the investors to authorize capital. Though capital verification is not required, company is in the format of limited responsibility, i.e. authorized capital is linked back to investors’ background.

Q：How long is the registration process?

A：It is hard to give a standard answer considering the different authorities and systems across different free zones. The registration time varies from 2 weeks to 3 weeks under our service. GSC Consulting finds 1-2 months as most common.

Q: What is the difference between different Free Zones in UAE?

A：There are about 50 Free Zones in UAE. The overall policies are similar, such as 100% capital and profits repatriation, tax free etc. However, the detailed policies and management model are decided by the specialty of the free zone, such as industry, trade, finance, service etc. There is huge difference. We have knowledge and experience to customize your company registration package based on your company’s objective, products and service and strategy.

Contact Us

Emails: info@gulfchinabusiness.com

Mobile: +971 566782159 (Rebecca)

Please contact us for more information and consultancy about Dubai investment