The Emirate of Dubai is currently experiencing a period of
unprecedented economic growth and prosperity. There is much
interest from investors who wish to establish a presence in Dubai
to take advantage not only of the economic growth but also of the
first world infrastructure and stability that this Emirate
provides.
Prior to taking the steps to establish a presence in Dubai, it
is important to consider the where, why and how that would need to
be answered.
According to the United Arab Emirates Ministry of Economy there
are over 40 multi-disciplinary freezones in the UAE, of which at
least 20 are situated in Dubai. Freezones are specifically declared
geographical areas which have their own authority and in certain
financial freezones like the Dubai International Financial Centre,
their own laws and courts to hear civil matters.