UAE Freezones

UAE Free zones consist of over thirty free zones which are spread over the UAE region. Some UAE free zones include the Hamriyah Free Zone, Ras Al khaimah Free Trade Zone, Masdar City, Abu Dhabi, Fujairah Free Zone, Jebel Ali Free Zone Authority (JAFZA), UAE Industrial Park and Dubai Airport Freezone.

UAE free zones allow trade in foreign currencies (no currency restrictions), are ideal gateways to markets in Asia and Middle Eastern countries, including those of the Gulf Cooperation Council, which comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. Logistics and access to advanced technology, a high standard of living and investor friendly environments are all features of UAE free zones.

UAE free zones impose no tariffs on imports, no corporation tax and personal income tax, no exchange controls on the transfer of profits and capital and allows companies to be fully owned by foreign nationals. Registration for companies in UAE free zones is efficient and expedited through simple, one-stop process. Companies operating in free zones in UAE are able to employ expat employees and vary the composition of their staff to best suit their needs in UAE free zone.

Specific benefits of each UAE free zone may vary depending on the area of business that the free zone specializes in. In Masdar City for example, a special organization founding, comparable to Dominica company incorporation, system is in place, whereby a company may be incorporated as a branch of a foreign company or as a special economic zone LLC in which the owners are corporate entities or natural persons. Also, in Jebel Ali Free Zone (JAFZA), there is a special facility available for mortgaging owned property on land which has been leased. Companies wishing to operate in this UAE free zone are able to secure a mortgage from any bank.

UAE Free Zone Abu Dhabi

Abu Dhabi is home to one of the fastest emerging free trade zones in UAE. The Abu Dhabi Ports Company and the Abu Dhabi Airports Company have aimed to provide an enabling environment for investments in UAE free trade zones in Abu Dhabi. The Airport Free Zone (ADFZ), UAE free zone, seeks to provide more advanced services to sustain long-term development in tourism and the economy in order to encourage investments in the private sector.

Masdar City

Masdar City Free Zone UAE is 6km² in size and is dubbed the world’s first cleantech cluster. The UAE free zone is not too distant from the Abu Dhabi International Airport and the main town of Abu Dhabi. Masdar City UAE free zone is steadily growing as an international location for marketing, renewable energy expos, R&D and investment opportunities in these areas. Some of the benefits for companies operating in this UAE free zone include opportunities to set up businesses in R&D, access expanding markets for clean technologies and setting up head offices for sales and marketing in the region.

Ras Al khaimah Free Trade Zone (RAKFTZ)

This UAE free zone is located about forty-five minutes away from Dubai. Ras Al Khaimah Free Trade Zone UAE won the prize for ‘Best Emerging Free Zone’ for two consecutive years. This UAE free trade offers first class infrastructure and in within ten years became hub of sophisticated technologies. This UAE free trade zone is equipped with great port facilities, international airport connections to several countries and is within clise proximity to Dubai and Sharjah. Ras Al Khaimah Free Trade Zone UAE has attractive operation costs, while an advanced system for the creation of four free parks has been established by the Zone Authority.

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