The Tax Benefits in Dubai's Free Zones

Updated on Tuesday 25th July 2017

The Tax Benefits in Dubai's Free Zones Image
Due to its attractive tax system, Dubai is a preferred destination for entrepreneurs who want to do business, generate money and benefit from numerous advantages. The free zones in Dubai have their own taxation system and authorities and they are considered by many investors the suitable places to start different activities. Our accountants in Dubai can offer more details about the taxes you need to consider when opening a company in Dubai’s free zones and the compensations that come in this matter. The same team can offer accounting and financial services.

The tax advantages of the free zones in Dubai

Jebel Air Free Zone, Dubai Internet City, Dubai Airport Free Zone, Dubai Media City, Dubai Aid and Humanitarian City, Dubai Silicon Oasis, Dubai Healthcare City,  Dubai International Financial Centre are the most important free zones in Dubai, where companies registered here benefit from tax exemptions. For instance, a registered firm in Dubai Technology and Media City is exempt from any tax for 50 years. As for the companies registered in Dubai International Financial Centre, these are not going to be levied with a profit or a corporate tax as long as they operate here, a specific period in this matter not being stipulated.  

Besides offering an easy registration process for a company in Dubai’s free zones, entrepreneurs can benefit from free capital gains and profits repatriation, meaning that there is no tax applicable in this matter. The only thing to consider is the tax on profits which in most cases needs to be paid in the home country if a law in this matter is established. 

For a better understanding of the tax benefits in Dubai’s most important free zones, it is recommended to talk to one of our Dubai accountants. The same advisors can help you with audits in Dubai, no matter the type of company you hold in the Emirates.

Free zones in Dubai – what you need to know

A free zone in Dubai offers many advantages among which we remind the 100% foreign ownership of a company and the tax-free environment. A businessman can enjoy such benefits and can invest the money for maximum profits. Several areas of interest, like IT, aviation, media, logistics, financial or education can be found with tax exemptions in Dubai’s free zones. As an example, more than 6,400 companies with establishments in Jebel Ali Free zone do not worry about taxes for trades or for profits.

If you are an entrepreneur willing to develop a business in Dubai’s free zone and need details about how to benefit from tax exemptions, we invite you to contact our accounting firms in Dubai.

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