Designated Freezones in the United Arab Emirates

Established to diversify the economy away from oil dependence, these zones serve as pivotal entities fostering international trade, foreign investment and economic growth.

The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.

In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.

This tax-friendly approach is a strategic component of the UAE's efforts to attract foreign investment, stimulate economic diversification, and promote sustainable business growth.

Tax policies may vary slightly among different freezones, and potential investors are encouraged to review the specific regulations of each zone for accurate and up-to-date information.

Situated in the emirate of Ras Al Khaimah, RAKEZ caters to a diverse range of industries, including manufacturing, trading, and services.