Benefits of Free Zones
- 100% ownership
- profit repatriation
- tax exemption
- secure banking
- world class infrastructure
- fast and easy business set-up
Each Free Zone is designed for specific business types. However, each Free Zone has unique law and jurisdiction. There are many cheap Free Zones in UAE.
Major Freezones in UAE
Listed are some major Free Zones in the UAE:
- Dubai International Financial Center (DIFB): DIFB is a business hub and among top 10 financial centers in the world. Moreover, DIFB has independent regulators, the DFSA ( Dubai Financial Services Authority), along with separate law judiciary DIFC courts.
- DIFB is only 2nd finance FZ in the Emirates.
- However, it is mainly a finance-oriented FZ
- No limit on capital repatriation
- Banking, brokerage, financial management, financial consultancy services are main businesses here. In addition, saloons, gyms, shops, restaurants are other businesses here.
- Dubai Silicon Oasis (DSO): This FZ provides state-of-the-art technology, provides employment and residential facilities.
- Major firms here are law firms and consultancy
- Technology is the main highlight of this FZ
- DOS is near to Jebel Ali Port and Dubai international Airport
- In addition, it has tier 3 data center and advanced IT infrastructure.
- Jebel Ali FZ (JAFZA): This FZ is the oldest in the emirates and also among the largest FZ in the world.
- The major businesses here are logistics, commodity trading shipping companies, etc.
- In addition, JAFZA gives six types of licenses for manufacturing, trading and services related activities.
- Moreover, it is near Jebel Ali Seaport and Al Maktoum International Airport.
- JAFZA has the most powerful business community in MENA (Middle East North Africa) region.
- Dubai Media City: It has the best in class infrastructure and supports media business. This is one of the cheapest and the best in UAE.
- Major businesses here are event management, advertising, news media
- Exemption from customs duty
- Dubai Health care City (DHC): This is the world’s 1st medical FZ. It has premier healthcare institutes, clinics, pharmacy, and medical equipment trading.
- It is supervised by DHC
- Exemption from tax
- In addition to medical services, there are several 5 star restaurants and other businesses also.
