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Catering to a huge number of businessmen willing to invest here in the UAE, the country has developed several special economic zones which are popularly known as free zones. These zones offer the ideal environment for business set-up. A special framework of rules and regulations has also been devised to govern these zones.
Free zones offer numerous benefits including 100 percent foreign ownership and tax exemption. Organisations find a strong footing in the UAE’s business environment through the one-stop solutions offered by each zone. The zones not only aid companies in paperwork processing, but also offer the perfect commercial properties for every business.
Companies looking to set up a factory or a production unit can ideally lease vacant land for its operations. The availability of manpower and essential equipment allows owners to conveniently construct its own space.
Businessmen, however, can also opt for factory units, shell and core and fitted offices, and employee accommodation. Equipped with modern technology, high-speed Internet facilities, round-the-clock security arrangements, customised office suites and dedicated parking areas, these are ideal for entrepreneurs as well as established businessmen.
Fully air-conditioned pre-built warehouses have dedicated floors for office use and are well connected with industrial data and power outlets. These are ideal for big production units and can be optimally used for day-to-day activities.
The free zones also have high-tech conference facilities for members. The conference rooms are supported by modern audio-visual devices and create the perfect environment for discussing business strategies.
Besides, firms operating within the free zones can expect easy access to other commercial establishments like banks, restaurants, cafés and convenience stores located in the same area. They also have the advantage of being close to the port, airport and major road networks.
* Offices, warehouses and vacant plots are offered in free zones
* Commercial properties are equipped with modern technology
* Banks, restaurants and stores are also found within free zones
Source: Shabnam Mondal, Special to Properties
The writer is a freelancer