Free Zones in UAE are special Economic Zones offering tax free, 100% foreign ownership and free customs duty benefits to foreign as well as local investors.
Dubai was the first emirate to pioneer the free zone model, offering foreign businesses attractive concessions and a number of investment incentives, including 100 percent ownership of a subsidiary and zero taxation.
Benefits of Free Zones
The common benefits that all free zones in UAE offer.
- 100% foreign ownership
- 100% repatriation of capital and profits
- Zero income tax
- Zero corporate tax
- Exemption from import and export duties
- State of the art infrastructure i.e. Telecom, transportation (Road, Sea and Air)
- Abundance of business resources i.e. Human, financial, material etc.
- Best security measures i.e. law & order, cyber security etc.
- Low cost of operations
- No currency restriction
- Access to consumer markets of 5 billion people (Middle East, North Africa and Indian subcontinent).
There are currently 37 free zones in operation in UAE, developed for specific sectors and industries including ICT, media, finance, multi commodities, gold, jewelry, aviation, Horse racing, sports, health care and industrial manufacturing purposes. There is full corporate tax and customs duty exemption on imported raw materials and equipment, with no levy on exports and imports.
The major Free Zones in UAE are:
Abu Dhabi Free Zones
Dubai Free Zones
|Masdar City||Dubai Airport Free Zone|
|Abu Dhabi Airport Free Zone||Dubai Silicon Oasis|
|Khalifa Industrial Zone||Jebel Ali Free Zone|
|ZonesCorp||Technopark Free Zone|
|twofour54||Dubai Multi Commodities Center|
|Dubai Internet City|
Ajman Free Zone
|Dubai Media City|
|Ajman Free Zone||Dubai Studio City|
|Dubai Academic City|
Sharjah Free Zones
|Dubai Knowledge Village|
|Sharjah Airport Free Zone||Dubai Outsource Zone|
|Hamriyah Free Zone||Enpark|
|Ahmed Bin Rashid Free Zone||International Media Production Zone|
|Dubai Biotech Research Park|
Ras Al Khaimah Free Zones
|Dubai Auto Zone|
|RAK Investment Authority Free Zone||Dubai Healthcare City|
|RAK Free Trade Zone||Dubai International Financial Center|
|Dubai Logistic City|
Fujairah Free Zone
|Dubai Maritime City|
|Fujairah Free Zone||Dubai Flower Center|
|Fujairah Creative City||International Humanitarian City|
|Meydan Free Zone|
Umm Al Quwain Free Zone
|Dubai Cars & Automotive Zone (DUCAMZ)|
|Umm Al Quwain Free Zone|
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