The United Arab Emirates has numerous free trade zones (FTZs) that offer tax holidays or a 0% CIT rate. Some FTZs also offer an exemption from customs duties.
Currently, there are over 45 FTZs (and business parks) in the United Arab Emirates, each having its own regulations. Businesses (and their employees) established in FTZs are generally eligible for (renewable) 15 to 50 year tax holidays. Certain FTZs also offer an exemption from customs duties. The laws and regulations granting these tax holidays and exemptions are not consistent across the various FTZs. Each FTZ therefore needs to be considered separately.
Last Reviewed - 10 December 2018