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How to Run a Business in Dubai on Preferential Terms
Free economic zones (FEZs) are designated areas where foreign investors can fully own their companies and operate under favourable conditions, including:
- 0% Taxes on Imports and Exports
- 100% Capital Repatriation
- 0% Income Tax
- Quick Registration, etc.
Dubai is home to approximately 30 FEZs, each tailored to specific industries. The list of permitted activities and their combinations is regulated separately in each zone.
Companies registered in FEZs are allowed to conduct business only within these territories
TOP 3 FEZs in Dubai
1. Dubai Multi Commodities Centre (DMCC) is a global trading hub with over 16,000 companies. DMCC has been named the Global Free Zone of the Year, 5 times.
2. Dubai International Financial Centre (DIFC) is a leading financial centre in the MEASA region. Companies like HSBC, Citibank, and Barclays are registered here.
3. Jebel Ali Free Zone (JAFZA) is the UAE's first FEZ. Currently, it is the world's largest logistics hub and one of the few zones permitting offshore company formation.
How to Register Business in FEZ
– Select the Suitable Free Zone
– Submit an Application and Registration Documents
– Get Pre-approval
– Choose a Space to Set Up Your Office
– Get the License to Operate
– Open a Bank Account
Each FEZ operates under its own legal framework, which takes precedence over UAE federal laws. It is essential to clarify details with the administration of the relevant zone.
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