Here is a company-wise summary of some popular free zones in Dubai:
- Dubai Multi Commodities Centre (DMCC):
- Focus: Trading of commodities.
- Benefits: 100% foreign ownership, no personal income tax, and modern infrastructure.
- Jebel Ali Free Zone (JAFZA):
- Focus: Industrial and logistics activities.
- Benefits: 100% foreign ownership, no import or export duties, and a strategic location near Jebel Ali Port.
- Dubai Airport Free Zone (DAFZA):
- Focus: Aviation, logistics, and light industrial.
- Benefits: 100% foreign ownership, no import or export duties, and proximity to Dubai International Airport.
- Dubai Internet City (DIC):
- Focus: Information Technology (IT) and telecommunications.
- Benefits: 100% foreign ownership, tax exemptions, and a supportive business environment for tech companies.
- Dubai Media City (DMC):
- Focus: Media and broadcasting.
- Benefits: 100% foreign ownership, no import or export duties, and a hub for media-related businesses.
- Dubai Knowledge Park (DKP):
- Focus: Education and human resource management.
- Benefits: 100% foreign ownership, tax exemptions, and a specialized zone for educational institutions and training centers.
- Dubai Healthcare City (DHCC):
- Focus: Healthcare and medical services.
- Benefits: 100% foreign ownership, tax exemptions, and a dedicated zone for healthcare providers and related businesses.
- Dubai Silicon Oasis (DSO):
- Focus: Technology and innovation.
- Benefits: 100% foreign ownership, tax exemptions, and a technology-focused environment.
In general, businesses operating within these free zones enjoy advantages such as full foreign ownership, no personal income tax, no import or export duties, and a streamlined process for company registration and licensing. It’s important to note that each free zone may have specific regulations and requirements, so businesses should carefully choose the one that aligns with their industry and objectives.
