Free zones are special economic zones where businesses can operate without the usual restrictions applied to foreign companies. The free zones in Dubai are places where companies can be established without having to pay taxes. In addition, you would be the sole owner of your company.

Investors and business owners have easy access to the busy neighborhoods and services in Dubai thanks to each industry. There are numerous corporate activities that can be carried out within each free zone and its authority. For instance, some of the businesses that can be established within free zones include those in infrastructure, media, education, construction, and retail. Using the free zones in Dubai for your business needs is unquestionably worthwhile.

In order to encourage company formation in the emirates region and increase international business profits, free zones were introduced. Some advantages of a free zone license include the following:

• Complete foreign ownership
• Opportunities for dual licensing
• Zero restrictions on hiring foreign employees
• Zero corporate and income tax for 50 years
• No currency restrictions
• No restraints on capital nationality

An appointed general manager who is solely responsible for the management and operation of the entity is a requirement for all entities incorporated in the UAE, whether onshore or in a free zone. In the United Arab Emirates, the general manager’s extensive powers and authority are typically outlined in the entity’s constitution or a power of attorney from the shareholders. The manager must reside in the UAE for companies with a free zone license.

A business must have a location in the DWTC Free Zone in order to be granted a license, and the DWTCA allows for a variety of leasing arrangements. The Executive Centre offers both standard and flexible offices, also known as shell and core offices, as well as a number of serviced offices if a client needs more substantial office space.

DWTC ensures your connectivity throughout your stay, from Wi-Fi as standard to technical solutions for real-time services. Thousands of people can always access the free Wi-Fi that is offered throughout the venue. In order to keep business flowing, they also offer point-of-sale lines for credit card machines for on-site transactions. Teams on-site are also available to assist with any problem-solving.

Yes. Businesses in any sector looking for a top-notch commercial address can lease our office spaces, which include both collaborative and traditional options.

The Dubai World Trade Center Free Zone Authority can license most activities that are permissible as per UAE law.