Where are the free zones in UAE?
UAE Free Zones
- Dubai South.
- International Free Zone Authority.
- Dubai Multi Commodities Center.
- Sharjah Airport Intl Free Zone.
- Sharjah Media City.
- Ras Al Khaimah Economic Zone.
- Umm Al Quwain Free Trade Zone.
- Dubai Airport Free Zone.
What is the best free zone in UAE?
TOP 6 FREE ZONES IN UAE 2021: WHICH IS THE BEST FOR YOUR BUSINESS?
- DMCC Authority Free Zone. Unlike any other Dubai Free Zone but has a lot of potential and opportunity for the retail and commerce sectors.
- Al Khaimah Economic Zone (RAK EZ)
- DWC Free Zone.
- JAFZA Free Zone.
- Dubai Airport Free Zone Authority (DAFZA)
- KIZAD.
How many free zones does UAE have?
More Than 40 Multidisciplinary Free Zones in the UAE The UAE offers investors more than 40 multidisciplinary free zones, in which expatriates and foreign investors can have full ownership of companies.
How do I choose the right free zone?
You should take into account both the location, infrastructure within a Free Zone and the availability of chosen facilities as it not in all Free Zones such specific facilities as warehouses or retails shops are available.
How do free zones work?
Also known as free trade zones or a free zone authority, free zones are economic areas where goods and services can be traded. Free trade zones attract 0% tax rates, preferential customs duty rates and 100% import and export tax exemption. Free zones are particularly popular with privacy-conscious entrepreneurs.
How does free zone work in UAE?
What is a free zone? Free zones are geographically demarcated areas within the UAE (even if most of them are not fenced or gated) permitting 100% foreign ownership and are in most cases, dedicated to a specific industry.
What is a free zone in Dubai?
Essentially, free zones or free trade zones in Dubai are business zones where companies operating in them are exempt from all types taxation such as Value Added Tax (VAT), Income Tax, Corporate Tax and Customs. Business owners in the free zone areas in Dubai have 100% ownership of the business.
What is DMCC free zone?
The Dubai Multi Commodities Centre (DMCC) is one of the fastest growing UAE Free Zones. It was established in 2002 and is located in a lake-front development called Jumeirah Lakes Towers, opposite Dubai Marina and ten minutes from Jebel Ali Sea and Air Ports and the Logistic Corridor.
How can I start a small business in UAE?
Key steps to start a business
- Determine the type of legal entity.
- Choose a trade name.
- Apply for a business licence.
- Choose an office space.
- Get pre-approvals, register your business and get your licence.