{"id":5395,"date":"2021-10-09T15:21:46","date_gmt":"2021-10-09T15:21:46","guid":{"rendered":"https:\/\/itqanblog.digitalmsa.com\/itqanblog\/?p=5395"},"modified":"2024-05-05T10:51:23","modified_gmt":"2024-05-05T10:51:23","slug":"start-a-business-in-dubai-free-zone","status":"publish","type":"post","link":"https:\/\/itqans.com\/en\/start-a-business-in-dubai-free-zone\/","title":{"rendered":"Start a Business in Dubai Free Zone"},"content":{"rendered":"\r\n
Dubai is the largest emirate (city) in the United Arab Emirates -UAE, situated in the Persian Gulf. It is considered a popular and attractive destination for tourists and entrepreneurs alike as it enjoys many perks that are not easily found elsewhere.\u00a0<\/p>\r\n\r\n\r\n\r\n
To start with, Dubai, and the UAE in general, has a low tax system. It does not levy income tax on individuals, and only 5% Value Added Tax (VAT) is levied on a majority of goods and services. Moreover, The\u00a0taxation system<\/strong>\u00a0is satisfactory especially for business persons interested in performing the activities in the\u00a0free zones of Dubai\u00a0<\/strong>where there is no\u00a0corporate tax<\/strong>.\u00a0<\/p>\r\n\r\n\r\n\r\n Dubai has an advantageous strategic location serving the fastest emerging markets that have the highest rates globally. In just 30 years, Dubai went from the beginning of the United Arab Emirates in 1971 when it was a small trading hub, to the leading commercial city in the Middle East. Over the last 10 years, Dubai has expanded amazingly into trading, manufacturing, and tourism, which now dominate the country\u2019s economy.<\/p>\r\n\r\n\r\n\r\n Dubai’s strategic location is also beneficial for trade as there is a big growth towards Africa and imports from the East and China. And more global companies are establishing their Middle East headquarters in Dubai.\u00a0<\/p>\r\n\r\n\r\n\r\n Moreover, Dubai has propelled forward with enterprising\u00a0free trade zones<\/strong>\u00a0and regional business parks like Dubai Media City, Dubai Internet City, and Dubai International Finance Centre, making it the regional hub of the Middle East, one of the richest regions in the World.<\/p>\r\n\r\n\r\n\r\n “Free Trade Zones” or also known as “Free Zone”, in simple terms means a special economic zone where business owners get to keep % business ownership and can be exempted from tax. In this case, as a business owner, one can also keep all the profits accrued and pull them back into your business.\u00a0<\/p>\r\n\r\n\r\n\r\n Out of the above list, the following are some of the most popular options to start a business<\/a> in Dubai Free Zones<\/a>.<\/p>\r\n\r\n\r\n\r\n This is one of the first free trade zones on the territory of the United Arab Emirates. It is considered to be the most successful government project that combines the largest transportation hubs in Dubai.<\/p>\r\n\r\n\r\n\r\n DTMCFZ is an international center for the development of telecommunications and information technologies. Companies engaged in the field of the Internet, modern telephony, international communication, etc. have already opened or are still eligible to set up companies in Dubai and for representation offices in this FTZ.<\/p>\r\n\r\n\r\n\r\n Situated close to the International Airport in Dubai and part of the airport. This is the best choice for companies, which require close interaction with air cargo centers and facilities and are involved in international trade.<\/p>\r\n\r\n\r\n\r\n This FTZ is located in the district Ras Al Khor and the main focus of this free trade zone is the export of used vehicles to the markets of the Asian and African region. The advantageous location of the zone provides open access to all major transport hubs of the UAE.<\/p>\r\n\r\n\r\n\r\n This FTZ specializes in the sale of jewelry and precious stones. The benefits of this area are ideal for organizing the international jewelry business. Office and commercial space premises, modern communications, tax-free, and modern shopping areas attract here the most famous jewelry companies in the world.<\/p>\r\n\r\n\r\n\r\n Home to many international companies in the field of medicine and healthcare. moreover, Due to the presence of this FTZ healthcare of Dubai and UAE in addition to the existing ultra-modern hospitals on the mainland, has received a new high level of service and development.<\/p>\r\n\r\n\r\n\r\n This is only brief information that we have provided only some of the most popular free trade zones in Dubai UAE. If you are thinking of starting a business or thinking of a company set up, get in touch with ITQAN and see how you can easily obtain your trade license. Then you will want to determine if you want to set up a mainland company, an offshore company, or start a business in Dubai free zone.<\/p>\r\n\r\n\r\n\r\n7 Reasons Why To Start a Business in Dubai Free Zone<\/h2>\r\n\r\n\r\n\r\n
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Which are the Free Trade Zones in Dubai?<\/strong><\/h2>\r\n\r\n\r\n\r\n
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Jebel Ali Free Zone Authority<\/a><\/h3>\r\n\r\n\r\n\r\n
Dubai Technology, Media and Electronic Commerce Free Zone (DTMCFZ)<\/h3>\r\n\r\n\r\n\r\n
Dubai Airport Free Zone Authority<\/h3>\r\n\r\n\r\n\r\n
Dubai Cars and Automotive Zone<\/h3>\r\n\r\n\r\n\r\n
Gold and Diamond Park<\/h3>\r\n\r\n\r\n\r\n
Dubai Health Care City<\/a><\/h3>\r\n\r\n\r\n\r\n
How to Start a Business in Dubai Free Zone?<\/strong><\/h3>\r\n\r\n\r\n\r\n