The United Arab Emirates are among the pioneers of free trade zones. With the Jebel Ali Freezone, Dubai has one of the largest and best-known free zones in the world. Free zones in the UAE are not always geographically separate zones, but can, for example, only extend to a few floors in an office building.
The Freezone company in Dubai enjoys the highest international reputation, 100% of the shares can be held by foreigners and the Freezone company is exempt from all taxes and duties. A Freezone company in Dubai is therefore an excellent solution for international entrepreneurs and combines the advantages of an onshore company with 0% taxation.
Dubai has numerous free trade zones. In addition to the Jebel Ali Freezone (JAFZA), the Dubai Multi Commodities Center (DMCC), the Dubai International Financial Center (DIFC) and Internet City are among the most well-known. The individual free zones are usually focused on specific industries, but combine all the advantages of a free zone company in Dubai.
Together with six other Emirates, Dubai forms the United Arab Emirates, and is, along with Abu Dhabi, one of the most well-known known members of the federation. The other Emirates also offer the establishment of companies in their respective free trade zones, and are characterized by attractive prices and low rents for offices and commercial properties. The most attractive free zones in the United Arab Emirates include Sharjah Media City (SHAMS) and the Ras al Khaimah Economic Zone (RAKEZ), both of which are located north of Dubai.
The numerous advantages of a Dubai Freezone company are identical to other freezones, and all free trade zones also make it easy and unbureaucratic to apply for a tax-free residence permit for the entire United Arab Emirates.