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Free trade zones in Dubai

Free zone

What are free zones?

Before delving right away into “free zones in Dubai”, we need to first understand what are free zones? Free zones in laymen economic term refer to those classified areas/regions which are subjected to minimal or no tax at all. This is done mainly to boost the economy by promoting foreign investment. There are a number of free zones in all of the 7 emirates for specific trades; they are set up to ease immigration process and individuals/business are allowed to import, manufacture, process, re-export with no involvement of customs and other duties.

Dubai free trade zones

If you wish to open a business in Dubai, then there are two options available for you:

UAE has several free zones, each of them with their own authority and regulations. Dubai alone has around 20 different free trade zones to serve various business types such as trading, e-commerce, automotive, media, finance etc.

Investors take into consideration various factors such as port access, infrastructure, warehousing, connectivity, which highly depends on their business type.

Check: Best business ideas in Dubai

Eligibility:

Though eligibility differs for different trade zones, listed below are some common criteria that need to be adhered by every company before setting up a business in any of these free trade zones:

Setting up process:

There are written set of guidelines and steps regarding setting up of a business in a particular free trade zone, listed below are a few of the basic steps (some points may differ for different zones)

Pros of Dubai free trade zone:

Cons of Dubai free trade zone:

To be noted:

In case you’re looking at affordability of doing business, the Sharjah Airport International Free Zone (SAIF-ZONE) would be the best choice for you. Sharjah free zone attracts a large number of investments due to the low fee charged by the zone in comparison to Dubai and Abu Dhabi. Not only that, it caters to a wide range of industries and houses some big names in the fields of IT, media, consumer durables, light-medium manufacturing etc.

List of a few free trade zones in Dubai

  1. Dubai Airport Free Zone
  2. Dubai Design District
  3. Dubai Gold and Diamond Park
  4. Dubai Industrial City
  5. Jebel Ali Free Zone Authority
  6. Dubai Media City
  7. Umm AL Quwain FTZ
  8. Jumeirah Lakes Towers Free Zone
  9. Dubai International Financial Centre
  10. Dubai Multi Commodities Centre
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