Free zones
With an unrivalled combination of incentives, facilities and services, Dubai offers access to a market of outstanding potential for overseas companies in a wide range of sectors. Dubai’s free zones have made a significant contribution to the successful growth and diversification of the emirate’s economy in recent years. Establishing a business entity in one of the emirate’s innovative free zones can be an attractive option for foreign investors due to a number of commercial incentives.
While free zones are designed to complement and contribute to Dubai’s growth and development, their legal status is quite distinct. Companies operating there are treated as being offshore, or outside the UAE for legal purposes.
The option of setting up in the free zones is therefore most suitable for companies intending to use Dubai as a regional manufacturing or distribution base and where most or all of their turnover is going to be outside the UAE.
Advantages of free zones :
| • | 100 per cent ownership |
| • | 100 per cent import and export tax exemptions |
| • | 100 per cent repatriation of capital and profits |
| • | No corporate taxes for 15 years – renewable for an additional 15 years |
| • | No personal income taxes |
| • | Assistance with labour recruitment and additional support services |
| • | Flexible investment options |
| • | Efficient transport and distribution facilities |
For further information on free zones please refer to:
http://www.definitelydubai.com
For a list of contact details of the major free zones please refer to the attached pdf:
Free trade zones in Dubai (PDF)
