There is a great business environment in Dubai. This also applies to the United Arab Emirates as a whole, says Chairman Shaikh Ahmad Bin Saeed Al Maktoum.
More international companies are being established within the Emirate and there has especially been an increase in the number of large U.S. and European companies. This situation corresponds to an increase of 50 percent over the first six months of 2010 compared to same period in 2009.
The entrance to DAFZA
Today, there are about 30 different so-called Operational Free Zones within the Emirate where each zone has developed its own niche concept of innovative services in order to facilitate entrepreneurship.
More Free Zones are under construction, including:- Dubai Auto Parts City
- Dubai Building Materials Zone
- Dubai Carpet Free Zone
- Dubai Cars & Automotive Zone
- Dubai Design Centre (TCO)
- Dubai Textile City
- Heavy Equipment & Trucks Zone
The fact that more and more companies are attracted to these Free Zones is not surprising since the following conditions are offered:
- Fuss-free company registration
- Great management where simple laws and regulations exist
- Flexible labor laws adapted for projects with different time frames
- 24/7 visa service and fast immigration process
- Quick access to competent and qualified staff
- 100 percent tax exemption
- No business or income taxes
- No restrictions on capital management
- No trade barriers or quotas
All Free Zones are listed here:
www.uaefreezones.com Tony Harkén