10 Free Zone Areas in Dubai
A Free Zone Area is a special economic zone in the UAE. These are designed specifically to boost trade through free zone authority management and operations. There are more than 30 Free Zone Areas in Dubai itself.
These business communities or parks are responsible for generating a large number of employment opportunities for the nationals, as well as, the expats. Investors and entrepreneurs can also seek numerous business opportunities and even set up new businesses.
Because Free Zone Areas are an important establishment, it is essential to know their benefits and some of the best free zone authorities in Dubai.
A few advantages of Free Zone Areas in Dubai
The Dubai Free Zone Areas provide the following advantages:
- 100 per cent foreign national ownership without a sponsor/li>
- Minimal taxes/li>
- No personal taxes/li>
- Minimal paperwork/li>
- Availability of long term land lease/li>
- Access to workforce with no interference/li>
- Numerous facilities – labour, immigration, legal, and housing/li>
- Quick setup/li>
- Ease of transferring fund
Top 10 Free Zone Areas in Dubai for you to stay, start & grow your business
Dubai Multi Commodity Center
Dubai Multi Commodity Center or DMCC as we know it, is one of the best Free Zones in Dubai. DMCC has been awarded ‘Global Free Zone of the Year’ for the 3rd time in a row. They 1st own this title in 2015 and since then DMCC managed to retain the position. Positioned at heart of Dubai, at the center of the Jumeirah Lakes Towers district, you will find all you need to live, work and thrive. Made for Trade, DMCC has everything to set up, grow and build your business
Dubai Airport Freezone Authority
Dubai Airport Freezone Authority or DAFZA is one of the leading free zone services available throughout the Middle East. DAFZA’s offering of premium business solutions makes it a top choice to set-up global businesses.
Dubai Design District
Dubai Design District is popularly known as D3. It is home to many globally acclaimed creatives, designers, and artists. The entire development is divided into three phases for the design community.
Dubai Healthcare City
The Dubai Healthcare City or DHCC is a healthcare free economic zone. It is monumental for being an international hub of healthcare services. The development has thousands of opportunities for individuals, as well as, medical corporates.
Dubai Industrial Park
Dubai Industrial Park is a cleverly developed free economic zone near Al Maktoum Airport. Encompassing six zones it is known for furthering the growth of numerous industries in Dubai including machinery and equipment, chemicals, and base metals among other things.
Dubai International Financial Centre
The Dubai International Financial Centre (DIFC) is perhaps the most well-known special economic zone on this list. It is the primary hub of the financial sector in the UAE. It also houses some of the best hotels in Dubai.
Dubai Media City
Dubai Media City or DMC is another tax-free zone in Dubai. It is known for the media businesses that have put Dubai on the map as a global media hub. You can find innumerable job opportunities at most companies in DMC.
Dubai Science Park
Dubai Science Park or DSP fosters the growth of scientific entrepreneurs. The community encourages startups. It is located half an hour away from the DXB.
Dubai Silicon Oasis
Dubai Silicon Oasis or DSO is a business and residential community with special focus on technological advances, innovation, and functionality. The development aims to become Silicon Valley’s Middle Eastern counterpart.
Dubai Textile Village
The Dubai Textile Village is an underdevelopment special economic zone with the focus on the textile trade in the UAE. Upon completion of the project, it is expected to have almost 300 showrooms and stores in numerous sizes.
UAE has over forty free zones in total, which accommodates thousands of companies and provide numerous opportunities. And, you can find the most beneficial opportunities at the free zones in Dubai.
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