UAE’s Monumental Rise
The (UAE) has rapidly emerged as a global business hub due to its strategic location, world-class infrastructure, diverse economy, and investor-friendly policies. To facilitate this change, the government has set up multiple free zones, each designed for a specific business activity.
The free trade zones offer facilities to non-resident corporates, like the convenience of single-window administration, and 100% ownership. There are about 44 free zones situated all over UAE that have attracted foreign direct investment in the form of 200,000 companies.
The free trade zones vary in their focus, setup costs and paperwork needed. Knowing which free zone to establish your business under is key to getting started right.