• February 25, 2024
  • hussaifhussain
  • 0

Freezone businesses in Dubai refer to companies that operate within specific economic zones in the emirate. These zones offer various incentives and benefits to encourage foreign investment and facilitate business growth. Freezones in Dubai provide businesses with 100% foreign ownership, tax exemptions, customs duty benefits, simplified company setup procedures, and access to state-of-the-art infrastructure.

Some popular freezones in Dubai include:

  1. Dubai Multi Commodities Centre (DMCC)
  2. Jebel Ali Free Zone (JAFZA)
  3. Dubai Airport Freezone Authority (DAFZA)
  4. Dubai Silicon Oasis Authority (DSOA)
  5. Dubai Internet City (DIC)
  6. Dubai Knowledge Park (DKP)
  7. Dubai Media City (DMC)
  8. Dubai South (formerly known as Dubai World Central)
  9. Dubai International Financial Centre (DIFC)

Each freezone may cater to specific industries, such as technology, media, finance, logistics, and manufacturing. Businesses interested in setting up in a Dubai freezone need to fulfill certain requirements, including selecting an appropriate license type, leasing office space, and adhering to regulations set by the respective freezone authority.

Overall, freezones in Dubai play a significant role in driving economic diversification, fostering innovation, and attracting foreign investment to the emirate.

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