Search results
Results from the WOW.Com Content Network
There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business licenses to foreign-owned businesses. Each Free Zone is designed around one or more industry categories and only offers licenses (e.g. for a Free Zone Enterprise (FZE ...
Jebel Ali Free Zone (Jafza) is the flagship free zone of DP World, and is an integral part of DP World UAE's integrated business hub. Created under a Ruler's Decree, Jafza commenced operations in 1985 with 19 companies offering standard size office units and warehouses to provide ready-built facilities to customers. [ 1 ]
Free zone companies can run business within the relevant zone or outside the UAE. Some free zones (including ADGM, JAFZA, DMCC, RAK FTZ) allow for inward redomiciliation of foreign companies, which means a transfer of a corporate seat of an existing company from abroad to the UAE free zone. [3]
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
DAFZ was established in 1996. It came into being as a part of the Dubai government's strategic plan to make Dubai an investment-driven economy. Today, it is one of the fastest-growing and pioneering free zones in the region, contributing to around 4.7 percent of Dubai's gross domestic product) It allows international investors a completely duty-free business setup and execution of services ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Dubai Healthcare City; Dubai Industrial Park; ... Umm Al Quwain Free Zone This page was last edited on 13 June 2022, at 05:47 (UTC). Text ...
DMCC Free Zone is the largest free-trade zone in the UAE, with more than 21,000 registered members as of 2022. [13] [14] In 2022, DMCC was named number one global free zone for an eighth consecutive year by the Financial Times fDi Intelligence magazine. [15] [16] Aerial View of Jumeirah Lake Towers (JLT)