Zones Corp

Zones Corp was established in 2004, which is a government backed corporation for specialized economic zones. Zone Corp is directly responsible for the establishment and operation of specialized economic zones in Abu Dhabi. Zones Corp offers investors developments and services combined with the advantages of political incentives, a visionary and a welcoming environment.

ones Corp offers many products and services to the investors. It strives to drive the development of specialized economic zones in Abu Dhabi in line with the government’s multipronged economic strategy. It encourages the establishment of small and medium sized specialized industries by offering operational incentives to them. It leverages the expertise of international organizations in the field of specialized economic zones establishment with the aim of adhering to the global bets practices.

Benefits of Zones Corp:

• Offers one stop shop for acquiring an industrial license for land development and all the related regulatory approvals can be completed in a single point of contact.

• The products that are manufactured within the zones enjoy a duty free access to the Gulf Co-operation council countries as well as to signatory countries to the greater Arab Free trade agreement.

• The machinery and raw materials are duty free.

• Tax exemptions make it much better.

• Energy is available at comparative rates.

Only industrial license is provided by Zones Corp. Companies like General partnership, simple limited partnership, partnership limited with shares, limited liability, private joint stock, public joint stock, branch, local establishment and joint participation (venture) can only be present there. Zones Corp doesn’t provide financing services to the projects. More than one license can be easily attained.