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Free trade zones FTZs are special economic zones set up with the objective of offering tax concessions options to trade dubai customs duty benefits to expatriate investors. There are options to trade dubai than 30 Free Zones operating in Dubai. A Free Zone Authority offers business licenses to foreign-owned businesses.

Each Free Zone is designed around one or more industry categories and only offers licenses e. Most of the free zones in Dubai broadly offer trading, services, and industrial licenses to investors looking to set up their businesses.

Free zones in Dubai are managed and operated by the relevant authority. As for other Free Zones in Dubai, the Dubai Multi Commodities Centre DMCC has 7, active registered companies as peroffers a retention rate of 94 percent, and estimates an application of over companies every year. Options to trade dubai contributes 12 percent to the GDP of Dubai and options to trade dubai an estimated a growth rate of 27 percent as per From Wikipedia, the free encyclopedia.

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June Learn how and when to remove this template message. Retrieved 21 September Dubai International Financial Centre. Retrieved 10 June Retrieved 11 August History Timeline Geography Government Culture.

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