In these times of pandemic, Dubai is showing a strong will to attract investors from all over the world!

Dubai, is the first and largest city of the United Arab Emirates. Dubai is located in the Persian Gulf, it is the capital of the Emirate of Dubai, and has more than three million inhabitants.

If we include the cities of Sharjah, Ajman and Umm al Qaiwain, themselves capitals of their respective emirates, it is an agglomeration that exceeded 3.1 million inhabitants in 2018.

Dubai is also the country’s largest port. In order to attract foreign investors, the Emirate of Dubai has created various free zones.

More than 30 Freezone

The Dubai Free Trade Zones (FTZ) are special economic zones that have been created to offer tax and customs benefits to expatriate investors. There are many FTZs (over 30) operating in Dubai.

The free zones in Dubai but also in the United Arab Emirates are governed by a specific legislative framework linked to numerous rules and regulations.

A designated free zone authority offers operating licenses to foreign companies.

Each free zone is designed around one or more categories of industry and offers licenses (e.g., for a free zone enterprise (FZE) only to companies in those particular categories.

Most free zones in Dubai offer commercial, service and industrial licenses to investors wishing to establish their businesses.

List Of Dubai Freezone

Atlantis, The Palm Dubai.

The free zones in the Emirate of Dubai are managed and operated by a competent authority.

For example, the Dubai Media City Free Zone Authority in Dubai is responsible for managing, operating and supervising the Dubai Media City Free Zone.

As for other free zones in Dubai, the Dubai Multi Commodities Centre (DMCC) has approximately 7,500 active registered companies (as of 2016), offers a 95% retention rate and estimates a demand of over 200 companies each year.

The Dubai International Financial Centre (DIFC) is another jurisdiction demonstrating the growth of expansion. It contributes 13% to Dubai’s GDP and has an estimated growth rate of 28% (in 2016).

Authorities estimate that the region will triple in size by 2025 despite the current pandemic.

Other areas include the Dubai Airport Free Zone (DAFZA), Dubai Internet City. In April 2021, Dubai CommerCity, a free zone dedicated to e-commerce, was launched.

Jlsk Group is specialized in real estate investment consulting around the world, residence and expatriation consulting in Dubai, Mauritius and the European Union, but also in the marketing of new real estate projects and developments.

Our various departments are at your disposal for any questions related to your investment, your expatriation as well as all legal formalities.If you need more details, please consult our Experts.

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Particular Case
The Regulatory Sandbox License (RSL) allows an investor to undertake a commercial activity for which there is no legal structure or suitable regulations under Mauritius' existing legislation. The RSL will be provided by the Economic Development Board to qualifying firms that want to invest in innovative projects for a fixed amount of time under a set of agreed upon terms and conditions.

Eligibility
Any investor with an innovative concept for which there is no legal framework or sufficient measures to cover its materialization can submit a full application for the issuance of an RSL. The applicant must be able to demonstrate the creative character of the project on a local, regional or global scale.