What is the Best Free Zone in Dubai?
What Is the Best Free Zone in Dubai?Updated on Tuesday 19th April 2016
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Foreign investors in the Emirates have the option to open a fully foreign owned company in a free trade zone. But what is the best free zone in Dubai? Each of these areas has its own advantages and particularities.
Our law firm in Dubai are able to help you decide where to invest in Dubai and which free zone has the most advantages for your business.
Free Zones in Dubai
Dubai has more than 20 free zones where foreign company ownership is allowed to 100%. Investors will also have other benefits, like preferential or even zero taxes and a number of incentives for investments.
The most important free zones in Dubai are the following:
- Dubai Internet City - particularly for IT&C businesses;
- Dubai Silicon Oasis - technology park;
- Dubai Healthcare City - healthcare services, clinical and wellness services;
- Dubai Biotechnology and Research Park- life sciences;
- Dubai International Financial Center - financial services;
- Dubai Multi Commodities Center.
You can watch below our video on the best free zones in Dubai:
The best free zone for your business
Dubai International Financial Center (DIFC) is seen by many investors as the best free zone in Dubai, particularly for any financial business. The right choice depends on the type of business, as other free zones can favor other types of activities, like those than include technology development and activities, media, design, commodities and others.
Dubai Airport Free Zone was named the best free zone in the world in 2012 by the Financial Times’ Foreign Direct Investment Magazine. It was not the only Dubai free zone included in an international ranking and all of the important free zones in the Emirate have maintained their particularities that brought them top rankings.
Our attorneys in Dubai can give you complete details about each of the 22 functional free zones in the city. Together with our team of experts, you will be able to decide which one is best suited for your business needs. Our lawyers will also be able to give you information about the business start-up costs in the free zones and in the rest of Dubai.