What is a Free Zone in UAE?

What is a free zone in Dubai?

Are you looking to start a business in Dubai free zone or in the UAE? There are a plethora of reasons for you to consider UAE, the land of opportunities and innovation.

One of the most quintessential reasons being, it has emerged as the world’s hub for not only trade and business development but for everything required to kickstart anyone’s UAE dreams.

The world is at your disposal to conquer Dubai. There’s lucidness in doing business in the free zone because entrepreneurs receive government support, a class apart infrastructure and banking facilities that are highly secure making it a strategic location for any business enterprise.

What is a free zone?

Starting out a business in UAE would have you thinking, what is a free zone and why should an investor consider it?

Well, free zones or free trade zones in UAE are commercial areas. They accelerate a smooth and strategic road map for not only goods but for services to be traded without tax and customs rates.

Free zones in UAE have a set of advantages for many reasons. Entrepreneurs enjoy the privilege of complete ownership of their business. This comes at a cost-effective incorporation and also recompenses of duty-free import and export. Alongside, a UAE residence visa hence making businesspeople eligible to open a bank account or engage in any financial amenities they require.

Why set up a business in a free zone?

UAE free zone offers companies the ease of setting up their business complimented by 100% foreign ownership. Starting a business here is easier than most parts of the country. Opening a company would make the owner eligible to apply for a UAE free zone visa.

The free zones extend a wide-ranging experience in strategy consulting with immense knowledge in setting up SME or large companies. They are resourceful and assist entrepreneurs in a hassle-free manner.

Providing benefits like visa and residency permits, business registration, documents and agreements, banking assistance and office space. Adding to it, they are also particular with confidentiality conscious financiers as their information is not disclosed in public.

Advantages of Free Zone A free zone visa entails a range of benefits in setting up a business in UAE. The number of businesses set up in these locations is a testament of how many success stories thrive in these locations, driving the economical quotient of UAE to an all-time high.

100% foreign ownership Complete exemption from custom duty Zero corporate taxes and income taxes 100% repatriation of capital and profits Corporate property on lease for up to 25 years Independent laws and regulation Fast and easy business set-up processes Developed business infrastructure An easy regional and global market approach Contemporary and sophisticated infrastructure Multiple choices at competitive costs

A list of free zones in UAE Dubai DAFZ (Dubai Airport Free Zone) DAZ (Dubai Auto Zone) Dubai Biotechnology & Research Park DUCAMZ (Dubai Car and Automotive City Free Zone) D3 (Dubai Design District) Dubai Flower Center Dubai Gold and Diamond Park DIC (Dubai Industrial City) Dubai International Academic City DIFC (Dubai International Financial Centre) Dubai Techno Park DIC (Dubai Internet City) Dubai Knowledge Village Dubai Logistics City

DMC (Dubai Media City) IFZA (International Free Zone Authority) DMCC (Dubai Multi Commodities Centre) Dubai Outsource Zone DSO (Dubai Silicon Oasis) Dubai Science Park DSC (Dubai Studio City) Dubai Textile Village Dubai Technology and Media Free Zone International Media Production Zone International Humanitarian City JAFZA (Jebel Ali Free Zone) Jumeirah Lakes Towers Free Zone DWC (Dubai South) Dubai Production City

Abu Dhabi ADAFZ (Abu Dhabi Airport Free Zone) Abu Dhabi Global Markets ADPC – Khalifa Port and Industrial Zone ICAD (Industrial City of Abu Dhabi) Higher Corporation for Specialized Economic Zones Masdar City Free Zone

Sharjah Hamriyah Free Zone Sharjah Airport International Free Zone USARTC (The U.S.A. Regional Trade Center Free Zone) Sharjah Publishing City Free Zone SHAMS (Sharjah Media City Free Zone) Sharjah Publishing City Free Zone

Ras Al Khaimah Ras Al Khaimah Economic Zone RAK Maritime City Free Zone Authority RAKIA (Ras Al Khaimah Investment Authority) Ras Al Khaimah Free Trade Zone Ras Al Khaimah Media Free Zone

Ajman AFZ (Ajman Free Zone) Ajman Media City Free Zone

Fujairah Ras Al Khaimah Economic Zone RAK Maritime City Free Zone Authority RAKIA (Ras Al Khaimah Investment Authority) Ras Al Khaimah Free Trade Zone Ras Al Khaimah Media Free Zone

Umm Al Quwain Umm Al Quwain Free Trade Zone

Get your free zone visa with Shuraa Business Setup Are you looking to make your presence felt in the UAE free trade zones? All that is required is some time from your schedule, some necessary documentation, making you a business owner in UAE to secure all the gains that come with it in no time.

Expedite your entry into the UAE free zones today! To know what is a free zone in UAE, how to acquire a visa, call us at +97144081900 or send a WhatsApp message on +971507775554. You can also drop in an email at enquiry@shuraa.com and get the answers to all your queries.

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