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Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. 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 ...
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: 100% foreign ownership of the enterprise; 100% import and export tax exemptions
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 ...
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.
The Dubai Russian Private School is a secondary school that uses a curriculum approved by the Russian Ministry of Education and caters to the Russian speaking community needs. [citation needed] After-school activities and extra curricular classes are also available, e.g., dance lessons for adults and children at "Dance For You" studio.
ASEAN–Hong Kong, China Free Trade Area (AHKFTA) ASEAN–India Free Trade Area (AIFTA), in effect as of 1 January 2010 [9] ASEAN–Japan Comprehensive Economic Partnership (AJCEP), in effect as of 1 December 2008 [10] ASEAN–Korea Free Trade Area (AKFTA), in effect as of 1 January 2010 [11] ASEAN–Australia–New Zealand Free Trade Area , in ...
Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
Private education in Dubai is regulated by the Knowledge and Human Development Authority.The UAE Ministry of Education is responsible for public schools in Dubai.Currently, more than 90% of school education in Dubai takes place in the private sector, served by 194 private schools offering 17 different curricula to more than 280,000 students from 182 nationalities. [1]