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The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise
The Hamriyah Free Zone is a free zone place in the city of Sharjah in the United Arab Emirates.Established by an Emiri decree in November, 1995, the Free Zone is 24 square kilometers in size and has a 14 meter deep port and 7 meter deep inner harbor.
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business ...
Located in Sharjah, SRTIP Free Zone is one of the newest and most innovative freezones in the UAE. It offers a hub for industries such as technology, research and development, and innovation. SRTIP is spread over a large area in the Sharjah Research Technology and Innovation Park, on the University City Road (E88). [7]
Hamriyah Port is deep water seaport and ancillary facilities located in the Hamriyah Free Zone in Sharjah, United Arab Emirates. The port is administered by the Department of Seaports and Customs, Government of Sharjah. The port is part of a free trade zone for companies and a
Sharjah has two main free trade zones: the seaport and free trade zone of Hamriyah and the Sharjah Airport International Free Trade Zone (SAIF Zone). The Hamriyah Free Zone Authority was established by an Emiri decree issued on 12 November 1995 and consists of a port and associated logistics and trade facilities. [32]
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Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.