Advantages of Doing Business in the Free Zones of UAE

The government who is regulating the UAE is proactive in the development of building infrastructures and incentive schemes to make this region one of the most competitive markets with business hubs around the world.
Dubai free zones are one the package that provides infrastructure and incentives to a variety of industries and investors. This is why variety of free zones have been developed within the United Arab Emirates which includes Dubai Internet City, Dubai Airport, Hamriyah, Jebel Ali and many others. Some of the most appealing benefits for investing and shifting in this Emirate state include extensive infrastructure, complete foreign ownership, and a wide range of facilities like offices, parks and warehouses.
This country has made a combined and strong effort to diversify their economy by gradually shifting their dependence from their oil reserves. With the continuous efforts, they got success in their tourism industry that was encouraged by the luxurious and lavish lifestyle of Dubai. The other awareness-raising sector that requires development is the services industry. Their main alluring facility is the free zones that are encompassing all the business models and providing access to the infrastructure and technology that a modern business requires to be competitive.
Jebel Ali is the first free zone of UAE that established during 1985 in parallel with the Jebel Ali Port, which is the world’s largest man-made harbour. It is deliberately located between the two transport hubs of cargo that is Jebel Ali Airport and the Jebel Ali Port. Both of these transportation hubs have large capacity for transportation of freight. Since after its beginning, the flagship free zone has been fully matured to a full-fledged microeconomic field. It claims over six thousand companies out of which 150 are found in the Global Fortune 500.
The Airport free zone of Dubai is another widespread choice for international branch offices and entrepreneurs. It is still comparatively new, built with the most cutting-edge infrastructure and technology with fibre optic cable. It has access to a large number of consumers from which most of them are highly wealthy individuals.Both of the above-mentioned free zones offer a wide variety of facilities like storage, high-class offices and warehouses with the potential to be converted into an assembly factory. These zones also assist entrepreneur with their business models and finding potential business partners within the free zone that is available for consultation.
The United Arab Emirates will most likely continue to develop and raise the services of tourism and other industries as the authority follows a strategy of diversifying its economy and relying less on the oil industry. The incentives and infrastructures provided by the different free zones make the company formation in Dubai as an effective platform for operation of an international business.
If you are one of the entrepreneurs, look no further! All you need is to look for a place in one of these free zones that suits or allows your business model. Choose the correct business license and sponsors to be on the safe side. Once you are done with it, you are free to flourish!