Jebel Ali & Airport Freezones
Jebel Ali Free Zone is built around the world’s largest man-made port. The initial
idea behind this zone was to develop a base to warehouse and distribute the multinational
products in the Gulf.
This Free zone has now grown to include the whole spectrum of manufacturing, trading
and
services to
cater the entire Middle East Region and beyond and is a leading
role model in setting up other free zones in the country . It is now a benchmark
for regulations and incentives in the Emirates. This single free zone covering a
total area of 100 sq.km has now accounted for 36% of Dubai’s Exports and re-exports.
To boost the capacity of its port a $1.14billion expansion project has been recently
announced. This project involves building three new terminals and 82 berths equipped
with 125 quayside cranes.
Dubai Airport Free Zone:
This Airport Free Zone offers a free and fair business environment to the companies
establishing themselves in the Airport Free Zone. This zone is an ideal location
for high tech/ IT products, luxury items, Jewellery, light industry & activities
related to the aviation industry. This serves as a gateway for a market of over 1.5 billion people. This provides attractive incentives to the investors which include
100% foreign ownership
Corporate tax holiday for 15 years Renewable for an additional 15 years.
No personal Income tax
Freedom to repatriate both capital and profits,
Full exemption of import duties
No currency restrictions.
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