FREE ZONES IN KUWAIT
Free zones are basically economic free zones that are designated by the trade and commerce administration of the respective countries . Free zones are generally created to increase the trade and commerce of the country and to encourage the various economic activities in the country . The free zones that are established by the Kuwait government are known a s Kuwait Free Trade Zones (KFTZ).
WHAT IS KFTZ?
The main objectives of KFTZ is to enlarge the economic activities of the nation by ensuring a supportive business envoirnment and also to make it a business centre for various entrepreneurs and businessman .
One of the most important benefits of Free zones is that it guarantees complete 100% ownership to the foreign investor and doesn’t require any local sponsor or business partner . Also Free zones are free from several taxes and also free customs duties which make it an attractive zone for the establishment of firms and companies .
ADVANTAGES OF KFTZ
- Optimisation of Taxes
- No involvement of capital taxes
- Low operation cost
- Excellent infrastructure
- Fast track setting up and licensing of companies
- Excellent transportation facilities by road ,sea and air
- Low cost of living and low cost of energy
ROLE OF HELPLINE GROUP
Helpline Group has an excellent set of staff that helps the clients in completing the documentation process for setting up firm in Kuwait free trade zones .It has helped the clients the clients to get their documents ready within a short period of time at affordable rates .
Get in touch with the Helpline Group for your business needs
Helpline Group offers Free Zone Company Formation in Kuwait and various other locations. Working with the Helpline Group would save your valuable time, efforts and finances as well. Contact us for the procedural details, the required documents and any other queries. Our Customer Support Team would get back to you shortly to resolve your queries and let you know what best we can offer.