Free Zones
Free Zones are special economic areas that offer tax benefits, reduced regulations, and incentives to attract businesses and foreign investment. They typically allow 100% foreign ownership, duty-free imports and exports, and streamlined business setup processes. Found worldwide, Free Zones cater to various industries, including technology, finance, logistics, and manufacturing. These zones play a crucial role in boosting economic growth, encouraging international trade, and fostering innovation by providing a business-friendly environment with minimal government intervention.