The UAE’s free zones explanation for over one third of the nation’s non-oil trade and were respected at around USD 140bn in 2015 – according to Gulf News. And the top-secret of their achievement is, well, not very secret. It’s clear to see why businesspersons find them such an good-looking proposal – 0% corporate and personal tax, 100% repatriation of capital and profits, no currency restrictions, 100% company ownership, and 100% import and export tax exemption – to name just a few of the benefits.
However, every free zone offer these benefits, it is not true to say that all are the same – each also offers up its own series of assistances that change slightly from others in the region.So adding in this, the latest installment is the Dubai south free zone; we are going to look at Dubai South Free Zone. If you’re sold on the idea of setting up
Tiny Zonein a free zone but are still bearing in mind your options, here are some key benefits of Dubai South free zone to help decide whether it’s the right fit for your business.Key benefits of Dubai South free zoneA Multimodal Platform – The joined master plan of Dubai World Central comprises eight districts: The Al Maktoum International Airport, Aviation District, Logistics District, Commercial District, Residential District, Exhibition District, Humanitarian District and Golf District. Dubai World Central (DWC) denotes the meeting of Dubai’s logistical prowess spanning sea, land and air. Dubai World Central DWC is directly linked to Jebel Ali Port via a dedicated logistics corridor. This forms a single customs bonded free zone crossing approximately 200 square kilometers.