International Humanitarian City (IHC)International Humanitarian City (IHC)International Humanitarian City (IHC)Gold and Diamond Park (DGDP)Over the years, the UAE has become one of the top business hubs, attracting worldwide investors and entrepreneurs. Its continually expanding economy and big breakthroughs create opportunity for the business community to grow and succeed. The country has three key jurisdictions in which you can establish your business: Mainland, Free Zones in the UAE, and Offshore. You can select the best site based on the kind of your business, your budget, and other operations you wish to carry out.
In this article, we will be focusing on the Free Zones in the UAE. Therefore, you will be learning everything about them, what are they, the type of freezones in UAE there are, their benefits, and we will also provide a UAE free zone companies list. Let us observe:
1. Do you know what are UAE free zones?
A free zone is a region inside a nation that has been set aside as a place where companies can function with little to no taxes and minimal regulations. These locations may have different tax and duty regulations than other regions of the nation because these regulations vary from country to country. A free zone could be a territorially constrained region of a nation that provides favorable business conditions. It is possible to specifically create a free zone for manufacturing with an export focus.
Around the UAE, there are numerous free zones that range in size and scope. Some are only a few acres in size and very tiny; while others can cover entire cities and are much larger.
2. Know the types of Free Zones in the UAE
Free zones come in a wide variety of forms, each with specific advantages. Let us see:
- Special Economic Zones (SEZ): SEZs have the goal to draw in foreign investment and advance economic growth. Also, they often give firms tax advantages and other incentives.
- Free Trade Zones (FTZ): FTZs have the objective of boosting global trade. Consequently, businesses with FTZ locations can benefit from lower tariffs and other advantages.
- Export Processing Zones (EPZ): EPZs were established to support companies that are export-focused. An EPZ offers tax benefits and other incentives to businesses that are located there.
- Business Zones (BZ): BZs have been created to promote many kinds of businesses. Lower fees and rent rates are just a couple of the advantages available to businesses in BZs.
- Industrial Zones (IZ): IZs serve to boost industries like manufacturing and others. Taxes and electricity costs are lower for businesses in an IZ.
3. Learn the benefits of business formation in free zones UAE
Here are some advantages of business formation in a UAE free zone:
- Tax Exemptions: Businesses in a free zone have a temporary exemption from paying taxes, giving them a competitive edge.
- Down-cost Labor: Companies in a free zone have access to labor that is reasonably priced, which helps to keep expenses down.
- Market Access: Companies operating in a free zone have access to both domestic and foreign markets, giving them an edge over competitors.
- Infrastructure: Companies operating in a free zone can gain from the development of the infrastructure, which includes roads, services, and communication networks.
- Regulatory Environment: Companies operating in free zones are subject to more benevolent regulations, which support investment.
- Growth: By operating in a free zone, firms can reach new clientele and seize fresh chances for expansion. The free zone can also give companies a footing in a new nation or region, making it simpler for them to grow operations in the years to come.
4. See a list of free zones in the UAE
In the United Arab Emirates, there are 46 free zones, including the following:
4.1 Dubai Free Zones
In Dubai, there are over 28 free zones, including the following:
| International Free Zone Authority (IFZA) |
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| Dubai Multi Commodities Centre (DMCC) |
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| Dubai Airport Free Zone (DAFZA) |
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| Gold and Diamond Park (DGDP)
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| UAE Dubai Cars and Automotive Zone (DUCAMZ) |
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| Dubai Design District (D3) |
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| Dubai Flower Centre (DFC) |
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| UAE Dubai Auto Zone (DAZ) |
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| Dubai Healthcare City (DHCC) |
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4.2 Other Dubai free zones
| Dubai Industrial City (DIC) |
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| UAE Dubai International Academic City (DIAC) |
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| Dubai International Financial Centre (DIFC) |
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| Dubai Internet City (DIC) |
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| UAE Dubai Knowledge Park (DKP) |
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| Dubai Logistics City (DLC) |
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| Dubai Maritime City Authority (DMCA) |
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| UAE Dubai Media City (DMC) |
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| Dubai Outsource City (DOC) |
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| UAE Dubai Science Park (DSP) |
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| Dubai Silicon Oasis Authority (DSOA) |
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4.3 Other free zones in Dubai
| Dubai Studio City (DSC) |
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| Dubai Techno Park (DTP) |
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| UAE Dubai Textile City (DTC) |
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| International Humanitarian City (IHC) |
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| Jebel Ali Free Zone Authority (JAFZA) |
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| Dubai Production City (DPC) |
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| Dubai Wholesale City |
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4.4 Abu Dhabi Free Zones in the UAE
| Abu Dhabi Global Market (ADGM) |
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| Khalifa Industrial Zone Abu Dhabi (KIZAD) |
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| TWOFOUR54 |
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| Industrial City of Abu Dhabi (ICAD) |
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| ZonesCorp |
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| Masdar City Free Zone |
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4.5 Sharjah Free Zones in the UAE
Here are the Sharjah free zones:
| Sharjah Media City (Shams) |
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| Sharjah Airport International Free Zone (SAIF) |
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| Hamriyah Free Zone Authority (HFZA) |
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| Sharjah Publishing City Free Zone (SPCFZ) |
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| Sharjah Research Technology and Innovation Park (SRTIP) |
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4.6 Ras Al Khaimah Free Zones
| Ras Al Khaimah Economic Zone (RAKEZ) |
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| RAK Maritime City (RAKMC) |
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4.7 Fujairah Free Zones
| Fujairah Free Zone (FFZA) |
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| Creative City Free Zone Authority |
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4.8 Ajman Free Zones
| Ajman Media City Free Zone (AMCFZ) |
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| Ajman Free Zone (AFZ) |
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4.9 Umm Al Quwain Free Zones
| Umm Al Quwain Free Trade Zone (UAQ FTZ) |
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5. Start your business in any UAE free zone with Connect Middle East
There is no question that establishing a free zone firm has a number of advantages that you may take advantage of. The UAE is launching a number of efforts to help entrepreneurs navigate the business world with ease. Therefore, if you are thinking about starting a business in any Free Zone in the UAE, we can give you the support you need.
With Connect Middle East, investors can go through the company formation process in the UAE swiftly. Our professional team will provide support with business licenses, visa solutions, business centers, and more. As a result, you will not have to worry about going through this procedure by yourself. Consequently, when you partner with us, you will have all the support you need to establish a business presence in the region.
If you want to know more about what we can do for your business setup in Free Zones in the UAE, you can give us a call now at +971 43 316 688. In addition, you can also send us an email at contact@c-uae.com.
