Dubai free zones have really taken businesses in Dubai and for that matter in UAE to completely new heights as these free zones incorporate no corporate taxes usually for about a period of 15 to 20 years. Therefore, these zones are known as free trade zones and it offers full foreign ownership for the upcoming businessmen in the emirate. Other than free trade zones, these are known as free economic zones, duty free zones, trade free zones etc. If we talk about UAE , there are several free trade zones that includes:
- Jebel Ali Free Zone
- Dubai Airport Free Zone
- Dubai Internet City
- Dubai Healthcare City
- Dubai Gold & Diamond Park and many more
These zones generally features luxury offices spaces and have really gone high in terms of
real
estate in Dubai. Moreover, if any company wants to set up his project, then few basic formalities are to be cleared.
Dubai Airport Free Zone:It is situated within the premises of Dubai International Airport. It spreads across an area of 1,200,000 sq. meters of land which is completely owned by the government of Dubai. The zone is greatly designed offering a one stop destination for all support services and special places for Immigration and Banks. This has been well known for serving the expats with all kinds of support and services. Moreover, this freezone is a good role model within the emirate.
Dubai Internet City:This is basically an information technology park created by the government of Dubai and is known as a free economic zone. It is so constructed that it acts as a strategic base for companies those who target regional emerging markets. This freezone have led many such firms including IBM, Oracle, Cisco, HP, Nokia, Sun Microsystems and many more. It presently offers primary commercial office space therefore, it has seen a rapid growth in the business.
Dubai Knowledge Village:This is one of the amazing real estate constructions done in Dubai and it got established in the year 2003. Several professional training centres are incorporated within the knowledge village offering all kinds of community amenities along with other value added services.
Jebel Ali :
Jebel Ali Freezone is one of the oldest and fastest growing in the UAE which greatly focuses on long term customer relations. It is one of the biggest and uniquely designed zone offering exceptional community amenities and facilities along with other value added services.