The UAE has several multi-specialty free trade zones that offer various economic incentives, such as exemption from corporate taxes and import/export duties and full foreign ownership with repatriation of 100% of profits.
Free Trade Zone
There are around 45 free zones in the UAE, many of them specializing in specific industries or sectors.
One of the most popular free zones is the Jebel Ali Free Zone Authority (JAFZA) in Dubai for industrial, warehousing and logistics businesses.
JAFZA is the region's leading Free Zone at the heart of commerce and is part of a unique ecosystem that offers end-to-end solutions and growth opportunities for businesses operating locally and globally.
With all the right resources in one place, Jafza offers new opportunities with suppliers, business partners and logistics providers to lower their costs and increase their profits. In more than 3 decades, Jafza grew from 19 companies in 1985 to more than 500 in 1995, and more than 8,000 today, including nearly 100 Global Fortune 500 companies. Most of these companies have established their regional headquarters in Jafza to serve the entire Middle East, a region that includes West Asia, the CIS, Africa and the Indian subcontinent.
Today, Jafza prides itself on being a dynamic base for thousands of businesses from over 100 countries, supporting over 135,000 jobs and attracting 23.9% of Dubai's foreign direct investment.