Number Of VAT-Free Free Zones Increase To 23

The government of UAE has always tried to provide some additional advantage to companies present in free zones as compared to the businesses in UAE mainland. Through these additional benefits, UAE is trying to compensate for limitations of these free zones and attract more and more companies towards them. It is helpful in creating balance…

UAE Sees 2018 Fastest Non-oil Growth In June

Several reports and statistics are confirming positive effects of UAE’s firm stance on growth of non-oil private sector. UAE has taken several steps to bolster this area in order to minimize its reliance on oil sector, especially after oil crisis 2014. For this purpose, UAE is trying to provide incentives and facilities to several other…

Ajman Media City – Latest Media Free Zone In UAE

It is usually considered that best place for media-related companies is countries with democratically elected governments. But the latest advancement in UAE media industry proves that this absolute monarchy state provides more facilities to media industry then many democratic regimes. One such facility is the presence of free zones in various emirates exclusively for media…

DUCAMZ – Free Zone For Re-exporting Cars

We have already discussed that Dubai is taking important steps to ensure growth of automotive sector in the emirate and UAE. Dubai Auto Zone (DAZ) is an example where companies related to auto industry are given full support for growth and prosperity. But the government of Dubai isn’t solely relying on a single free zone…