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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).
History The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification. In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster ...
List of free-trade zones in Dubai Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business licenses to ...
The Jebel Ali Free Zone (Jafza) is a free zone and a community. Businesses in industries such as logistics, electronics & electrical, automotive, food and agriculture, e-commerce, petrochemicals, and many more are based in Jafza. Its proximity to Jebel Ali Port, Al Maktoum International Airport, and the Expo 2020 Dubai site has helped it carry ...
Ajman Free Zone ( AFZA) ( Arabic: منطقه عجمان الحره) is a free trade zone and one of the designated freezones located in Ajman, United Arab Emirates (UAE). First established in 1988, it is one of a number of unbonded free zones in the UAE offering offshore company setup and operation to investors.
A free-trade zone ( FTZ) is a class of special economic zone. [1] [2] It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re- exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many ...
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ISO 3166-1 ( Codes for the representation of names of countries and their subdivisions – Part 1: Country codes) is a standard defining codes for the names of countries, dependent territories, and special areas of geographical interest. It is the first part of the ISO 3166 standard published by the International Organization for Standardization .