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Each Free Zone is designed around one or more industry categories and only offers licenses (e.g. for a Free Zone Enterprise (FZE)), to companies within those categories. Most of the free zones in Dubai broadly offer trading, services, and industrial licenses to investors looking to set up their businesses.
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City Dubai Maritime City, Dubai under construction in 2008. A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone.
Dubai Airport Freezone (commonly abbreviated as DAFZ) is a designated free economic zone in Dubai, United Arab Emirates, providing company formation and business setup services in Dubai. DAFZ is home to more than 2,000 registered businesses from over 20+ sectors and various industries, with 20,000+ professionals.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
A free trade zone is normally established in a single country, although there are a few exceptions where a free zone may cross a national border, such as the Syrian/Jordanian Free Trade Zone. [21] Free trade areas are set up between countries; for example, the Latin America Free Trade Association (LAFTA) was created in the 1960 Treaty of ...
After the opening of the Jebel Ali Port in 1979, a free economic trade zone was set up by decree of the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. Jafza commenced operations in 1985 with 19 companies offering standard-sized office units and warehouses to provide ready-built facilities to customers.
Arshiya International Ltd, India's first Free Trade and Warehousing Zone [20] The largest multi-product free-trade and warehousing infrastructure in India. Arshiya's first 165-acre FTWZ is operational in Panvel, Mumbai, and is to be followed by one in Khurja near Delhi.
Ajman Free Zone (AFZA) (Arabic: منطقة عجمان الحرة) is a free trade zone and one of the designated freezones located in Ajman, United Arab Emirates (UAE).First established in 1988, it is one of a number of unbonded free zones in the UAE offering offshore company setup and operation to investors.
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