Free
zones have always been an attractive for investors and business men in making
their dream goals come true while enjoying the much talked freedom that free
zones often. The perfect places to set up business in Dubai are the free zone companies in Dubai.
These allow 100% foreign ownership and have no taxes. Companies outside the free
zones require a local sponsor of 49 % foreign ownership. Each free zone has its own specific requirements
regarding minimum office/warehouse space and permitted activities. Free
zones are also known by other names like free economic zone, tax free zone, or
free trade zone. Dubai Airport Free
Zone (DAFZ), Dubai Car and Automotive City Free Zone (DUCAMZ), Dubai Health
Care City (DHCC), Dubai International Financial Centre are the few famous free
zones in Dubai.
Dubai free zones were set to encourage foreign trade and
investment, and they have indeed served the purpose very well. Because of Free
Zones Various Regions of Dubai are well equipped with all the facilities,
infrastructure and other amenities required by any business to boom success. To
many companies, setting up their offices in the free zone area is an attractive
option because of the strategic location, political stability, tax free
policies and beautiful infrastructure.
