Free Zones
Dubai was the first emirate to pioneer the free zone model, offering foreign businesses attractive concessions and a number of investment incentives, including 100 percent ownership of a subsidiary and zero taxation.
There are currently 24 free zones in operation, developed for specific sectors and industries including ICT, media, finance, gold and jewellery and health care. There is full corporate tax and customs duty exemption on imported raw materials and equipment, with no levy on exports and imports.
The free zones in Dubai are:
