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Main picture: What is FTZ in the UAE and what are they for?

What is FTZ in the UAE and what are they for?

authorPublished by Andrey Melnichuk author | Tags: ftz

It is believed that development and prosperity of the UAE is based solely on income from oil exploration. However, since so called "black gold" is referred to exhaustible natural resources, the government of the country in the middle of 80-ies of the last century started to think about diversifying the economy.

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Main picture: How to open business in the UAE

How to open business in the UAE

authorPublished by Andrey Melnichuk author | Tags: ftz, business

Each Emirate has its own terms and procedures for company registration, furthermore on the territory of the Emirates there are numerous Free Trade Zones with their own features and peculiarities. The choice of Free Trade Zone and the Emirate may depend on several factors described below:

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Main picture: Full list of Free Trade Zones in the UAE and some information about each of them

Full list of Free Trade Zones in the UAE and some information about each of them

authorPublished by Andrey Melnichuk author | Tags: ftz

Free trade zones in the territory of the United Arab Emirates are modern complexes with developed infrastructure and preferential conditions for running businesses by foreign companies.

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Main picture: Which of FTZ are the most popular in Dubai

Which of FTZ are the most popular in Dubai

authorPublished by Andrey Melnichuk author | Tags: ftz

So-called “Free-zone” have been established since 1985 on the territory of the United Arab Emirates Emirates, which provide opportunities for free economic trade. First of all these specialized zones were established to encourage foreign investment and international trade. Such a governmental project has become the best tool to promote business activity, which triggered to copy this model almost on the entire territory of the country.

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Main picture: Types of companies in the UAE

Types of companies in the UAE

authorPublished by Andrey Melnichuk author | Tags: ftz, business

The United Arab Emirates facilitates great opportunities for modern business. Developed banking and financial sectors, a high level of investor confidence, and the reputation of the business environment have attracted multimillion-dollar capital from around the world into the country.

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