The Impact of Free Zones on the Economy of Dubai and the UAE
Dubai's economic position has improved significantly since its transformation from a village surrounded by endless miles of desert to one of the world's greatest business locations for startups, investors, entrepreneurs, and companies. The Emirati government's attempt to build and promote Free Zones in Dubai and other places around the UAE has been a main driver of this transformation. Do you want to learn more about these crucial economic sectors? We have all of the information. What exactly is a UAE-free zone? While we have a more extensive description of Free Zones in this page, the basic definition of a Free Zone in the Dubai and Emirati economy is that Free Zones are independent commercial regions that are frequently located near a port or major business hub. Each Free Zone has its own set of laws and regulations distinct from the government rules and regulations that regulate onshore or Mainland enterprises in the UAE. Each Free Zone in Dubai and the rest of the UAE i...