|
List Of Free Trade Zones In UAE
Free-trade zones in the United Arab Emirates are areas that have a special tax, customs and import regime, and are governed by their own framework of regulations (with the exception of UAE criminal law). Background The UAE has a number of free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: * 100% foreign ownership of the enterprise * 100% import and export tax exemptions * 100% repatriation of capital and profits * Corporate tax exemptions for up to 50 years * No personal income taxes * Assistance with labor recruitment, and additional support services, such as sponsorship and housing. Each Free Zone is designed around one or more business industry categories and only offers licenses to companies within those categories. An independent Free Zone Authority (FZA) governs each free zone, and is the ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Economic Zone
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones. Some special economic zones are called free ports. Sometimes they have historically been endowed with favorable customs regulations, such as the free port of Trieste. As the United Kingdom was proposing the creation of ten free ports after leaving the European Union in early 2020, the EU was clamping down on 82 free zones after finding that their special status had aided the financing of terrorism, money laundering and organised crime. Definition The de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Airport Free Zone
Dubai Airport Freezone (commonly abbreviated as DAFZ) is a free economic zone in Dubai, United Arab Emirates, providing company formation and business setup services in Dubai. DAFZ enables the following types of company formations: * Free Zone Company (FZCO), which is a limited liability company that can operate within the free zone, or a branch of an existing company. It is in the free zone area of the region, adjacent to the Dubai International Airport, Dubai, UAE. * Branch of an existing foreign company iDubai Airport Freezonewith no unique requirements for a share capital. * Subsidiary company – A foreign company that can own 100% shares of a Dubai Free zone company. DAFZ is home to more than 2,000 registered businesses from over 20+ sectors and various industries with 20,000+ professionals. History DAFZ was established in 1996. It came into being as a part of the Dubai Government's strategic plan to make Dubai an investment-driven economy. Today, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Media City
Dubai Media City (DMC), part of Dubai Holding, is a tax-free zone within Dubai, United Arab Emirates. History and profile The Dubai Media City was established and built in 2000 and inaugurated in January 2001 by the government of Dubai to boost UAE's media foothold. Since then, it has become a regional hub for media organizations including news agencies, publishing, online media, advertising, production, and broadcast facilities. The groundwork for infrastructure (such as fiber optic cables) was already in place for firms to set up easily and its visa and operational procedures are relaxed for firms operating within DMC. Dubai Media City has become a major hub for the media industry in the GCC and the Middle East, with more than 1,300 companies being registered under the Free Zone, from where they serve the entire region. It also houses the International Cricket Council, the governing body for the game of cricket in the world, which was previously situated in London up to 2005 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Logistics City
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Knowledge Village
Dubai International Academic City (DIAC), informally known as Academic City, is a university town in the city of Dubai, United Arab Emirates along the Dubai-Al Ain Road. The project was launched in May 2006 in liaison with Dubai Knowledge Park. The regulatory authority in the DIAC is the Dubai Development Authority. As a university town, DIAC is a foundation for schools, colleges and universities. Consisting of 27 colleges and universities, 3 innovation centers, the DIAC enrolls about 27,500 students. It offers more than 500 academic programs in different fields. History DIAC was established in 2007 as a university town and a residential free-zone dedicated to higher education by TECOM Group. It was approved by Government of Dubai and was launched as a common campus where schools, colleges and universities from Knowledge Park would move to. Dr. Ayoub Kazim, former associate professor of United Arab Emirates University served as Managing Director of DIAC. In 2016, Mohammad Abdull ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Internet City
Dubai Internet City (DIC) ( ar, مدينة دبي للإنترنت) is an information technology and business park created by the Government of Dubai as a free economic zone and a strategic base for companies targeting regional emerging markets in Dubai, United Arab Emirates. Overview DIC presently has over one and half million square feet of prime commercial office space, in which over 1,400 companies with over 10,000 workers are based. There are 25 low, mid, and high-rise office structures in the area. The economic rules of DIC allow companies to avail themselves of a number of ownership, taxation and customs related benefits which are guaranteed by law for a period of 50 years. One model of operation includes 100% foreign ownership, similar to those prevailing in other designated economic zones in the United Arab Emirates. These freedoms have led many global information technology firms, such as Facebook, LinkedIn, Google, Dell, Intel, Huawei, Samsung, SAP, Microsoft, IBM, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai International Financial Centre
The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering , established in 2004 as a financial hub for companies operating throughout the Middle East, Africa and South Asia (MEASA) markets. DIFC is regulated by the Dubai Financial Services Authority, an independent regulator exclusive to the zone, and by its own court system, DIFC Courts, separate from the Emirate of Dubai's legal system and that of the federal government of the UAE. DIFC follows the common law framework and operates in English. The freezone houses financial institutions, and wealth funds in addition to retail and hotel space dedicated to the free zones. DIFC is one of Dubai's independent free-zones; it offers companies 100% ownership without the need for a local partner. DIFC offers clients a 50-year guarantee of zero taxes on corporate income and profits, complemented by the UAE's network of double taxation treaties. Independent jurisdiction The DIFC is an independent jurisdi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai International Academic City
Dubai International Academic City (DIAC), informally known as Academic City, is a university town in the city of Dubai, United Arab Emirates along the Dubai-Al Ain Road. The project was launched in May 2006 in liaison with Dubai Knowledge Park. The regulatory authority in the DIAC is the Dubai Development Authority. As a university town, DIAC is a foundation for schools, colleges and universities. Consisting of 27 colleges and universities, 3 innovation centers, the DIAC enrolls about 27,500 students. It offers more than 500 academic programs in different fields. History DIAC was established in 2007 as a university town and a residential free-zone dedicated to higher education by TECOM Group. It was approved by Government of Dubai and was launched as a common campus where schools, colleges and universities from Knowledge Park would move to. Dr. Ayoub Kazim, former associate professor of United Arab Emirates University served as Managing Director of DIAC. In 2016, Mohammad Abdull ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Industrial City
Dubai Industrial City is the dedicated industrial park in Dubai, UAE, founded in 2004, covering an area of 560 million Sq ft. Overview The Industrial City includes food and beverage zones, base-metal and transportation zones, warehouses and an extensive conservation area. These areas are complemented with logistics, educational and mixed use developments. It is located near Al Maktoum Airport and Jebel Ali International Airport along Emirates Road. The city is expected to accommodate around 500,000 people when it is completed by 2015. Dubai Industrial City encompasses six zones: * Zone 1: Food and Beverage * Zone 2: Transport Equipment and Parts * Zone 3: Machinery and Equipment * Zone 4: Mineral Products * Zone 5: Base Metal * Zone 6: Chemicals International Humanitarian City is located to the northeast. Developments In March 2009, the construction of Dubai industrial city's warehouses was completed, with the whole project then aimed for completion in 2015. See also * Dub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Healthcare City
Dubai Healthcare City (DHCC) ( ar, مدينة دبي الصحية) is a healthcare free economic zone situated in the Emirate of Dubai, United Arab Emirates. DHCC was launched in 2002 by Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. DHCC was mandated by the government to meet the demand for high-quality, patient-centered healthcare, and the main aim is to attract tourists to Dubai for medical services and treatments. Through strategic partnerships, DHCC provides a wide range of services in healthcare, medical education and research, pharmaceuticals, medical equipment, wellness and allied support. DHCC comprises two phases. Phase 1 of DHCC is dedicated to healthcare and medical education and covers 4.1 million square feet. Phase 2, which is under development, is dedicated to wellness, and will cover 19 million square feet. In 2014 alone, visits to DHCC were up 20 percent to 1.2 million from 1 million in 2013, of which 15 percent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Gold And Diamond Park
Dubai Gold and Diamond Park is located in Dubai, UAE. It was established in May 2001. Spreading 511,343 Sq.feet (Phase 1), it is located on Sheikh Zayed Road, 23.5 km from Dubai International Airport, The park is an extension of the Jebel Ali Free Zone Jebel Ali Free Zone (Jafza; Arabic: (جافزا) المنطقة الحرّة لجبل علي al-Munṭaqa al-Ḥurra le Jabal ʿAlī) is a free economic zone located in the Jebel Ali area at the far western end of Dubai, United Arab Emirates, nea .... They manage a big building selling jewellery made with some of the world’s finest jewelry, gemstones, diamonds, precious stones and metals such as gold, silver, platinum which draws high-end personal accessories to residents and tourists. Emaar Properties is the developer of Gold & Diamond Park. See also * List of free-trade zones in Dubai ReferencesOfficial website {{DEFAULTSORT:Dubai Gold And Diamond Park Geography of Dubai History of Dubai Transport in Dubai J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Flower Centre
Dubai Flower Centre was developed to handle flower imports and exports, as Dubai is a major hub for the import and export of flowers and the airport required a specialist facility since these products need special conditions. The flower centre's first phase was completed in 2004 at a cost of $50 million. The Flower centre is capable of handling up to 180,000 tons of flowers and perishables. The centre, developed and automated have a floor area of about 100,000 square metres providing for export chambers and offices apart from product break down and buildup stations and automated sorting areas. The handling capacity of the centre is anticipated to exceed 300,000 metric tonnes of product throughput per annum. The cold storage facility at Dubai Flower Centre is fully bonded and measures 34,000 square metres. DFC currently houses around 19 tenants from 11 countries that offer a diverse range of products and varieties of cut flowers, plants Plants are predominantly photosynthe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Dubai Media City")
