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Some of the benefits of setting up business in UAE Free Zones are: No Corporate Tax, 100% exemption [18] provided that business done between the free zone company and any mainland companies are under 375,000 AED a year. [19] 100% ownership of business; Bank accounts can be opened in a business's name; Reasonable renewal fees
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 [5] as well as in the mainland of UAE using the same business license. For Example, Sharjah Publishing City (SPC) Free Zone offers a Dual License for the investors enabling them to easily offer services in the mainland and Free Zone together.
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.
Emirates eGovernment has set up the UAE’s official portal www.government.ae, which is a major milestone in the process of eTransformation in the UAE. This portal brings all eServices and information provided by the UAE federal and local government bodies under one umbrella. [13] Emirates eGovernment provides services on G2G, G2B and G2C levels.
Land free zone: [31] Krapina–Zagorje Free Zone (in liquidation) Danube Free Zone of Vukovar; Free Zone of Kukuljanovo (inactive) Free Zone of Port of Rijeka – Škrljevo; Free Zone of Split–Dalmatia (in liquidation) Free Zone of Zagreb; Port free zone: [31] Free Zone of Port of Ploče; Free Zone of Port of Pula; Free Zone of Port of Rijeka
See also: List of special economic zones and List of free-trade zones In special economic zones business and trades laws differ from the rest of the country. The term, and a number of other terms, can have different specific meanings in different countries and publications. Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas ...
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.