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What are the differences between a company established in a free trade zone or in Dubai or in the other emirates of the UAE?

April 26, 2017COMPANY differences Dubai Emirates Free Trade UAE zone

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What are the differences between a company established in a free trade zone or in Dubai or in the other emirates of the UAE?

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The free trade zones in Dubai are designated areas, which are not bound by the laws and regulations of Dubai and/or the UAE. They are aiming to provide incentives for investors which the local and federal laws do not necessarily provide. The main incentive for a foreign investor in setting up a company in a free trade zone is that 100% foreign ownership is guaranteed. No local equity participation, a service agent or sponsor is required. The free trade zones are issuing trading, industrial and service licenses.