Freezone Company

Freezone companies are currently the most popular legal form of incorporation in the UAE as they offer the following advantages:
  • ​100% foreign ownership
  • Unlimited repatriation of profits
  • Variety in types of licences available to incorporate
  • No Corporate Taxes
  • No Personal taxes or deductions on salaries
  • No recruitment restrictions
  • Excellent infrastructure (ports, airports, roads and communications network)
  • An array or options in accommodation – offices, industrial units, storage facilities and land for development
​The UAE has more than 30 freezones:– In Dubai there are currently 24 Freezones
1. Dubai Creative Clusters Authority (DCCA)
Dubai Creative Clusters Authority (DCCA) also known as the Dubai Development Authority specialises in creative professional industries and manages the following themed areas:
 
  • Dubai Media City
  • Dubai Production City
  • Dubai Studio City
  • Dubai Knowledge Park
  • Dubai International City (DIAC)
  • Dubai Science Park
  • Dubai Design District (D3)
  • Dubai Internet City
  • Dubai Outsource City
  • Dubai Science Park
2. Dubai Multi Commodities Centre (DMCC)
Also known a JLT (Jumeirah Lake Towers) as the Freezone is located in JLT opposite the popular residential area for the expat community Dubai Marina. The DMCC has developed in one of the most reputable Freezones in the UAE not only for commodities trading but also for the establishment of professional companies such as information technology and management consulting
3. Dubai South
  • Dubai South previously know as Dubai World Central is the Freezone located on the Expo
  • 2020 site and just next to the new airport in Dubai. This newly established freezone has
  • developed well as it offers industrial licenses as well as Commercial and Professional
  • licenses. We have also seen a preference for this freezone due to the availability of a convensional LLC set up with appointed Directors, Manager and Secretary
4. Other Free zones in Dubai with some of them concentrating on specific industries are:
  • Dubai Airport Feezone Authority (DAFZA)
  • Jebel Ali Freezone
  • Dubai Silicon Oasis
  • Meydan Freezone
  • Dubai Maritime City Authority
  • Gold and Diamond Park
  • Dubai International Financial Centre (DIFC)
  • National Industries Park (Techno Park)
  • Dubai Healthcare City
  • International Humanitarian City
  • Dubai World Trade Centre
5. Free zone Authorities in the neighbouring Emirates of Dubai:
Umm Al Quain Free Trade Zone (UAQFTZ)
Umm Al Quain have establisher a Freezone in the last 4 years only. However the Freezone has been able to implement an aggressive development plan to attract business from the other Emirates especially the Northern Emirates. A proactive team has is working hard to register new companies within 24 hours of submission as well as issue residency visas within 3 days.
  • Sharjah
  • Hamriyah Free Trade zone
  • Sharjah Airport Free Trade zone
  • Sharjah Media and Publishing City Free zone
Sharjah freezone has historically benefitted from its proximity from Dubai. However in the past few years developments in other Emirates as well as Dubai has been this Emirate’s detriment. Hamriyah Freezone is still a strong Freezone due to it’s industrial footprint and proximity to their Emirate’s port.
  • Ajman
  • Ajman Free Zone
  • Ajman Media City Free Zone
Ajman Freezone used to be the choice of Northern Emirate the past 5 years, as the Emirate had service offices in the centre of Dubai as well. Recent changes in their processes and closure of the Dubai office has seen registrations somewhat reduced.
  • Ras Al Khaimah
  • Ras Al Khaimah Economic Zone (RAKEZ)
  • Ras Al Khaimah Investment Authority
  • Ras Al Khaimah Media Free Zone
Ras Al Khaimah is certainly the heavy industry front runner as far as Freezones are concerned with Ceramic and Cement companies being based in this Emirate. RAKIA was also a leading choice for service companies to set up. The Freezones still maintain service offices in Dubai and still attracts a good number of new registrations.

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