What does it mean to incorporate in a Free Zone in Dubai?
Dubai has a number of business development areas known as Free Zones which allow companies to set up in Dubai, while maintaining its ‘Offshore Status”. The Free Zones are tax-free and provide purpose-built facilities for offices and related activities. A Free Zone License is normally issued within 2 – 6 weeks, depending on the Free Zone, but some may stipulate that all work must be carried out within the Free Zone. Importantly, many Free Zones will only allow companies to trade outside of Dubai. Some Free Zones are set up to cater for particular types of businesses such as Knowledge Village which provides services for educational companies.
