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Free zones in Dubai are managed and operated by the relevant authority. For instance, the Jebel Ali Free Zone Authority in Dubai is responsible for managing, operating and supervising the Jebel Ali Free Zone, one of the largest seaport free zones in Dubai. It has a subsidized rate of 32 percent on the country's Foreign Direct Investment (FDI).
It is expected to allow them to do business in the Free Zone [6] as well as in the mainland of UAE using the same business license. For Example, Sharjah Publishing City (SPC) Free Zone [7] offers a Dual License for the investors enabling them to easily offer services in the mainland [8] and Free Zone together. [9]
The Ras Al Khaimah Free Trade Zone Authority also has promotion centers in Dubai and Abu Dhabi. Dubai. The RAK FTZ Promotion Centre in Dubai is located in the Boulevard Plaza Tower 2 on Sheikh Zayed Road. Abu Dhabi. RAK FTZ also has a promotion center at Abu Dhabi Mall (Abu Dhabi). The office is located on the first floor of the West Tower.
The free zone provides a tax-free environment for companies in Fujairah. [3] Close by are the Fujairah Oil Industry Zone and the Port of Fujairah on the coast providing access to the Gulf of Oman and the Indian Ocean. [1] [4] [5] There are cargo air links via Fujairah International Airport to the south of Fujairah City.
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 ...
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