Free Zones represent jurisdictions with a special tax-free status. They are usually positioned in the strategical locations like major seaports, international airports and close to the country borders. Currently, the UAE can offer over 40 free zones. Each free zone has their own regulations and provides licenses to certain type of business depending on the activities they offer.
Each Free Zone in the UAE can provide one of the following licences:
Holding a license in the Free zone can grant formation of:
Free Zone Establishment (FZE)
Free Zone Company (FZCO)
Complete tax exemption on income (unless dealing with the mainland)
Privileged customs regulations
Warehouse and office facilities available
Visa validity of 3 years with lower costs than in mainland.