This overview only covers a selection of the free zones in the uae, of which there are. And the value of exports from the free zones reached to 16. Dubai multi commodities center, dubai internet city and all other clusters in tecom group, masdar free zone, they all have a requirement for depositing of share capital into companys bank account at a minimum of aed 50,000. Free trade zones free zones in dubai and the uae are isolated lands or setting, with a special tax, customs and imports regime and governed by their own framework of regulations with the exception of uae criminal law.
This will give you an idea of activities allowed in each free zone to help you decide the most suitable free zone option for your business. Uae free zones if you are interested to invest in one of the most advantageous jurisdictions and you would like to maintain your 100% ownership and repatriation of capital and profits, then uae free zone is the ideal form for your business. Starting a business in a free zone the official portal of. Dubai free trade zones, free zones, and economic zones. Ftz rak free zone for trading, import and export activitiesftz dubai internet city.
In this virtuzone uae business setup guide, we take a look at some of the many benefits of. Blank printable map of uae united arab emirates download free printable map of usa time zones united states america free printable blank world map with countries template. Each emirate in uae has a designated area as a free zone. Starting a business in a free zone the official portal. It is better to use a printable calendar, since you can find the template of your choice and save your time and efforts. The uae has a number of free zones across dubai, abu dhabi, sharjah, fujairah, ajman, ras alkhaimah and umm alquwain. Each of the uae free zones was created for a specific kind of business activity and business management.
Setting up business in the uae free zones, uae freezone, uae free zones,uae free trade zone, rak offshore and company incorporation in free zones\n. Due to its strategic position with the uaes only access to the indian ocean, fujairah has a bustling, important multipurpose port. Some information on this website is out of date as a result of measures taken in the uae to deal with the coronavirus crisis. The united arab emirates is situated in the eastern part of the arab world. There are several uae free zones across dubai, abu dhabi, sharjah, fujairah, ajman, ras al khaimah rak and umm al quwain each free zone in the uae cater to a specific type of. The united emirates is prime for overseas entrepreneurs.
In this virtuzone uae business setup guide, we take a look at some of the many benefits of setting up your company in a uae free zone. Each free zone has its own specific requirements regarding minimum office or. Since the establishment of a free trade zone more than a decade ago, commercial activity in the emirates has flourished. Today in this infographic we are presenting the 7 most popular free zones in the uae. Setting up business in the uae free zones, uae freezone, uae free zones,uae free trade zone, rak offshore and company incorporation in free zones. Business setup in abu dhabi free zones company formation in. Hamriyah free zone is challenged to provide competitive incentives and unique opportunities. Setting up an offshore company in a free zone in the uae allows. This legal briefing shall provide necessary information on business continuity in.
The uae has several free zones across dubai, abu dhabi, sharjah, fujairah, ajman, ras al khaimah and um al qwain. List of free zones in uae list of free zones in dubai. Each free zone in the uae cater to a specific type of business category. Laws governing the free zone in which your business is set up in the following laws govern free zones in the uae.
Business owners who want full ownership can choose a license and location in one of the many free zones in the uae. Uae free trade zones consultant for uae free trade zone. This infographic is presented to you by uae consultants, a. List of uae free zones 21 contacts 22 worldwide contact information 23 note. Abstract united arab emirates uae women have enthusiastically. Business continuity for free zone companies in times of. Free zones are the business places where you avail tax exemptions, customs and import regime governed by their own set of rules and regulations. Free world time zones map printable world map with countries. Blank printable map of uae united arab emirates world map. Click to download our shams business activities pdf. Tenth convention and new training courses in ras al khaimah, uae. There is no minimum capital requirement at twofour54 abu dhabi.
Setting up business in the uae free zones, uae freezone, uae free zones,uae free trade zone, rak offshore and company incorporation in free zones \n. There are several uae free zones across dubai, abu dhabi, sharjah, fujairah, ajman, ras al khaimah rak and umm al quwain each free zone in the uae cater to a specific type of business category. Pdf development of free zones in united arab emirates. Marketing of chemicals and petroleum additives phosphoric acid, beta cartone, glycerine, tbhq, bht, bha, dea, nickel catalyst and lot of different chemicals. Situated in the heart of ras al khaimah in the united arab emirates, ras al khaimah economic zone rakez is a powerhouse business and industrial hub that offers customisable solutions to free zone and non free zone businesses in a multinational community flourishing in over 50 sectors. Free zones uae now total more than 22 and are home to around 10,000 companies. Setting up business in the uae free zones, uae freezone, uae free zones, uae free trade zone,company formation in uae free trade zones, jafza offshore, rak offshore and company incorporation in free zones jafza, dafz, rakftz, rakia, afz, dmc, dic, dhcc, saifz, hfz, masdar. Member states retain some flexibility, such as how to treat healthcare, education and free zones for vat purposes. The abu dhabi airports company adac is a potential area for uae free zones and is focused on establishing logistics business part around the airport area that is used as free zone. Business setup in dubai free zones company formation in uae. Each free zone focuses on one or more commercial categories and only offers licences to entities within those areas of expertise.
There is easy access to overseas labour markets and the status of trade between the eastern areas and the western. In kizad, you can form an llc for which the minimum paidup capital should be aed 150,000. However, companies in the uaes free zones are dealing with special circumstances with the annual lease and license renewal and the respective payment of the fees one year in advance. Ras al khaimah economic zone rakez provides best priced business setup in uae. Jlt free zone offering market participants of the commodities industry and support services invaluable business incentives, continue reading.
Programme 10th wfzc in ras al khaimah, uae free zones. Uaq free trade zone uaqftz ajman free zone afz to visit our office, click this link for. In international humanitarian city there has been a growth of 6. This is ideal for real estate, startup companies and small industry set ups.
About free zone uae free zone guide united arab emirates. With respect to importing goods, it is the person whose name is listed as the importer of the goods on the date of import for. Advantages of free zone company set up in uae dubai free zone advantages include. Uae free zones official website for uae free trade zones. It features internationally renowned speakers, facts, figures and investment opportunities. Setting up business in the uae free zones, uae freezone, uae free zones,uae free trade zone,company formation in uae free trade zones, jafza offshore, rak offshore and company incorporation in free zones jafza, dafz, rakftz, rakia, afz, dmc, dic, dhcc, saifz, hfz, masdar. This includes verification of permit requirements, identification of the nature of business of a company wishing to make a presence in the dubai free zone, comply with the legal procedures and business documentation as. Some free zones require audit to be submitted once a year. Ras al khaimah economic zone rakez commercial licences starting from aed 15,802. Free zones uae gain 7 benefits when you start a uae free zone company free zones uae. First and foremost point which businesses need to take note is that all free zone may not be a vat free zone. Uae free zones guide in the uae, the first free zone at jebel ali came into existence in 1985 and provided international businesses and corporations a hub, which connected the east and the west and expanded the horizons of their operations. Dubai airport freezone authority dafza being one of the most advanced and prestigious free zones in dubai, dubai airport freezone authority dafza provides an excellent base for doing business in the middle east. Uae free zone companies business in united arab emirates.
Uae free zone companies business in united arab emirates, dubai. There are 3 free zone options available in the uae. The uae is home to being one of the towering free zones globally at 45 and with 10 under construction. There are also free zones in dubai that require higher share capital deposits. Business continuity for free zone companies in times.
Business activities allowed in different uae free zones. It is located next to the dubai international airport, which helps in the fast processing of paperwork and rapid clearance. Free zones in the uae an overview inhouse community. Free zones of uae international free zone authority ifza abu dhabi airport free zone adafz. A blank map is one of the most useful formats of the uae map since it is left blank and can be edited according to your preference. Rak investment authority rakia are now part of a rak economic zone rakez. Each free zone authority has its own employment law and employees are subject to the rules and regulations of their respective free zone authority. This legal briefing shall provide necessary information on business continuity in the uaes free zones. In fact, fujairah ranks as one of the top three bunkering locations in the world. Free zones in the uae an overview posted on july 2, 2015. Free zones of uae international free zone authority ifza. Read this definitive guide on the requirements and process. There are more than 35 free zones operating in uae such as jebel ali free zone, dubai internet city free zone, dubai airport free zone etc.
Free trade zones are areas in the united arab emirates that have a special tax, customs and imports regime. There are several uae free zones across dubai, abu dhabi, sharjah, fujairah, ajman, ras al khaimah rak and umm al quwain. In case you want to conduct business within uae, you can simply partner with a local distributor and you will be free to trade within uae as well, speak to a consult for free to know your options. Free zones uae 7 advantages of a uae free zone company. Get free full detailed world map satelite templates. The first uae free zone opened in the 1980s, setting the framework for the many that followed, and today there are almost 40 free zones across the uae. Free zone rules and regulations in the uae amadlaw. Setting up business in the uae free zones, uae freezone, uae free zones,uae free trade zone,company formation in uae free trade zones, jafza offshore, rak offshore and company incorporation in free zones jafza, dafz, rakftz, rakia. Dubai freezones offer numerous multipurpose business modules to entities. List of freetrade zones in the united arab emirates. Have us contact you by filling in the box on the right. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free zones in the uae sometimes called a free economic zone, duty free zone, tax free zone, trade free zone or free trade zone allow 100% foreign ownership and free of uae corporate tax, usually guaranteed for 15 or 50 years, but there are other fees to compensate for the tax free environment.
With the number of zones increasing, their impact on the uae economy has deepened. Development of free zones in united arab em irates. Cosmohub offers a set of services specifically for places in the dubai free zone and other uae free zones as mentioned above. The main attractions of establishing an entity in one of the uaes free zones is that there are no foreign ownership restrictions and companies are. The main diference between the offshore and free zone companies is that free zone companies can work. Working in free zones the official portal of the uae. Business activities allowed in different uae free zones today in this infographic we are presenting the 7 most popular free zones in the uae. The blank uae map we have provided you here the maps of all the 7 federations marked. The event brings together inward investment agencies, free zone authorities and operators, free ports, export processing zones and, industrial and science parks. Uae free zones business setup consultants were the experienced business setup consultancy for dubai and uae free zones company registration. Cheapest freezone in uae what is a free zone in dubai. There are around 40 free zones operating in the uae, with more under construction. An example is dubai media city, which exclusively focuses on creative and media companies.
Those working in free zones are generally not governed by the uae labour law. Pkf free zones in the uae introduction 7 introduction the united arab emirates uae was established on 2nd december 1971 and is a federation of seven emirates, namely. Abu dhabi, dubai, sharjah, ras al khaimah, umm al quwain, ajman and fujairah. Each free zone is designed around one or more commercial categories and only offers licences to companies within those categories. The main diference between the offshore and free zone companies is that free zone companies can work inside. Running a business in a free zone the official portal of. Existing local and foreign companies may set up a branch of their company in free zones.
725 1449 922 916 1462 496 887 699 1392 988 1482 127 560 108 315 1244 1182 318 814 822 1077 418 1390 153 123 669 54 1333 1263 141 796 67 1243 198 1150 866 1240