Free Zones in the United Arab Emirates

October 23, 2018

Feel free to contact NHBC for more information on the services and possibilities of a setup in a UAE Free Zone.

Dubai established the first Free Zone in the UAE in 1985, with the establishment of the Jebel Ali Free Zone (JAFZA). Ever since, Free Zones, also referred to as Free Trade Zones, have transformed the economic market of the UAE. Free Zones in the UAE are areas that have special tax, customs and import policies and are governed by their own framework of regulations.

Originally, each Free Zones focused on a specific industry and were strategically located for that particular purpose. Lately however, most of the Free Zones are open to a wide range of different company activities. Each Free Zone Authority governs its own Free Zone and is responsible for issuing the operating licenses and assisting companies with establishing their business in the particular Free Zone. Investors can either register a new company in the form of a Free Zone Establishment (FZE), Free Zone Company(FZC), Free Zone LLC (FZ-LLC) or establish a branch or representative office of their existing or parent company based within the UAE or abroad.

Most Free Zones allow 100% foreign ownership. Other incentives include:

– 100% import and export tax exemptions;

– 100% repatriation of capital and profits;

– No corporate taxes;

– No personal income taxes;

– Documentation can be provided mostly in English;

– Assistance with recruitment, low labour costs and additional support services such as sponsorship and housing.

A Free Zone entity may perform its business activities within UAE Free Zones as well as internationally. It may be permitted to perform its business activities inside the UAE in collaboration with a Local Service Agent or local distributor.

Feel free to contact NHBC for more information on the services and possibilities of a setup in a UAE Free Zone.

Free Zones in the United Arab Emirates

Feel free to contact NHBC for more information on the services and possibilities of a setup in a UAE Free Zone.

Dubai established the first Free Zone in the UAE in 1985, with the establishment of the Jebel Ali Free Zone (JAFZA). Ever since, Free Zones, also referred to as Free Trade Zones, have transformed the economic market of the UAE. Free Zones in the UAE are areas that have special tax, customs and import policies and are governed by their own framework of regulations.

Originally, each Free Zones focused on a specific industry and were strategically located for that particular purpose. Lately however, most of the Free Zones are open to a wide range of different company activities. Each Free Zone Authority governs its own Free Zone and is responsible for issuing the operating licenses and assisting companies with establishing their business in the particular Free Zone. Investors can either register a new company in the form of a Free Zone Establishment (FZE), Free Zone Company(FZC), Free Zone LLC (FZ-LLC) or establish a branch or representative office of their existing or parent company based within the UAE or abroad.

Most Free Zones allow 100% foreign ownership. Other incentives include:

– 100% import and export tax exemptions;

– 100% repatriation of capital and profits;

– No corporate taxes;

– No personal income taxes;

– Documentation can be provided mostly in English;

– Assistance with recruitment, low labour costs and additional support services such as sponsorship and housing.

A Free Zone entity may perform its business activities within UAE Free Zones as well as internationally. It may be permitted to perform its business activities inside the UAE in collaboration with a Local Service Agent or local distributor.

Feel free to contact NHBC for more information on the services and possibilities of a setup in a UAE Free Zone.