Free Trade Zones Free Zones in Dubai and the UAE are isolated lands or setting, with a special tax, customs and imports regime and governed by their own framework of regulations (with the exception of UAE Criminal Law). The UAE has several free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al Khaimah and Um Al Qwain. Free Zones may also be broadly categorized as sea port free zones, air port free zones, and mainland free zones.
Benefits of Free Zones / Free Trade Zones are:
100% foreign ownership of the enterprise
100% import and export tax exemptions
100% repatriation of capital and profits
Corporate tax exemptions for up to 50 years
No personal income taxes
Assistance with labor recruitment, and additional support services, such as sponsorship and housing.
Each Free Zone is designed around one or more business industry categories and only offers licenses to companies within those categories. An independent Free Zone Authority (FZA) governs each free zone, and is the agency responsible for issuing FTZ operating licenses and assisting companies with establishing their business in the FTZ.
Investors can either register a new company in the form of a Free Zone Establishment (FZE) or simply establish a branch or representative office of their existing or parent company based within the UAE or abroad. An FZE is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. Except for acquiring nationality in the UAE, the provisions of the Commercial Companies Law (CCL) do not apply to FZEs, provided that the Free Zones have special provisions regulating such companies.
Free Zones
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City.
Main Square at Dubai Knowledge Village.
Main Buildings at Dubai Media City
Dubai Studio City, Dubai Under construction in June, 2007
Dubai Maritime City, Dubai Under Construction in 2008
There are more than 38 Free Zones operating in UAE.
Abu Dhabi Airport Free Zone (ADAFZ)
ADPC - Khalifa Port and Industrial Zone (KPIZ)
Umm Al Quwain Free Trade Zone (UAQFTZ)
Ajman Free Zone (AFZ)
Dubai Academic City
Dubai Airport Free Zone (DAFZ)
Dubai Biotechnology & Research Park (DuBiotech)
Dubai Car and Automotive City Free Zone (DUCAMZ)
Dubai Gold and Diamond Park
Dubai Healthcare City
Dubai Industrial City (DIC)
Dubai International Academic City
Dubai International Financial Centre (DIFC)
Dubai Internet City
Dubai Knowledge Village
Dubai Logistics City
Dubai Media City
Dubai Multi Commodities Centre (DMCC Free Zone)
Dubai Outsource Zone
Dubai Silicon Oasis
Dubai Studio City
Dubai Techno Park
Dubai Technology and Media Free Zone
Economic Zones World
Fujairah Creative City
Fujairah Free Zone
Hamriyah Free Zone
Higher Corporation for Specialized Economic Zones
Industrial City of Abu Dhabi
International Media Production Zone
Jebel Ali Free Zone
Jumeirah Lakes Towers Free Zone
RAK Investment Authority Free Zone
Ras Al Khaimah Free Trade Zone
Ras Al Khaimah Media Free Zone
Sharjah Airport International Free Zone
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U.S.A. Regional Trade Center (USARTC) Free Zone
Free Zones Under Construction
Dubai Maritime City
Dubai Carpet Free Zone
Dubai Auto Parts City
Heavy Equipment and Trucks Zone
Mohammad Bin Rashid Technology Park
Dubai Flower Center
Dubai Textile Village
International Humanitarian City
Dubai International Arbitration Center
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