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Free-trade zones in the United Arab Emirates are areas that have a special tax, customs and import regime, and are governed by their own framework of regulations (with the exception of UAE criminal law).
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2]
Each Free Zone is designed around one or more strict industry categories. An independent Free Zone Authority (FZA) governs each free zone, and is the agency responsible for issuing FTZ operating licenses and assisting companies with establishing their business in the FTZ. Each free zone has its own specific requirements regarding minimum capital requirements, office or warehouse space and permitted activities; with each possessing the relevant licenses and adequate legislation to enable their dedicated industry to flourish.
Investors can either register a new company in the form of a Free Zone Establishment (FZE) or simply establish a branch or representative office of their existing or parent company based within the UAE or abroad. An FZE is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. Except for acquiring nationality in the UAE, the provisions of the Commercial Companies Law (CCL) do not apply to FZEs, provided that the Free Zones have special provisions regulating such companies.
There are a few Free Zones in UAE that offer Dual Business License [3] for investors. [4] It is expected to allow them to do business in the Free Zone [5] as well as in the mainland of UAE using the same business license. For Example, Sharjah Publishing City (SPC) Free Zone [6] offers a Dual License for the investors enabling them to easily offer services in the mainland [7] and Free Zone together. [8]
There are 46 Free Zones operating in UAE. [9]
Ras Al Khaimah
Fujairah
Umm Al Quwain
This article covers the various forms of transport in the United Arab Emirates (UAE), by road, rail, air, water, etc.
The Emirate of Umm Al Quwain is one of the seven constituent emirates of the United Arab Emirates, located in the north of the country. It is the second smallest and least populous emirate in the UAE and borders the Persian Gulf. Umm Al Quwain lies between Ras Al Khaimah and Sharjah/Ajman on the west coast, with a location along the vital trade route between the Middle East and India. It has a coastline stretching to 24 km.
The flag of the United Arab Emirates contains the Pan-Arab colors red, green, white, and black. It was designed in 1971 by Abdullah Mohammed Al Maainah, who was 19 years old at that time, and was adopted on 2 December 1971 after winning a nationwide flag design contest. The main theme of the flag's four colors is the sovereignty and unity of the Arab states.
Sheikh Sultan bin Saqr Al Qasimi (1781–1866) was the Sheikh of the Qawasim and ruled the towns of Sharjah, Ras Al Khaimah, Jazirah Al Hamra and Rams; all within the then Trucial States and now part of the United Arab Emirates. Briefly a dependent of the first Saudi Kingdom, his rule over Ras Al Khaimah ran from 1803–1809, when he was deposed by order of the Saudi Amir and restored in 1820, going on to rule until his death in 1866 at the age of 85. He was Ruler of Sharjah from 1814–1866, with a brief disruption to that rule in 1840 by his elder son Saqr. He was a signatory to various treaties with the British, starting with the General Maritime Treaty of 1820 and culminating in the Perpetual Maritime Truce of 1853.
The emblem of the United Arab Emirates was officially adopted on 9 December 1973 ; it was later modified in 2008. It is similar to the coats of arms and emblems of other Arab states.
Parliamentary elections were held for the first time in the United Arab Emirates between 16 and 20 December 2006 to elect half of the 40 members of Federal National Council. Voting took place in Abu Dhabi and Fujairah on 16 December, in Dubai and Ras Al Khaimah on 18 December, and in Sharjah, Ajman and Umm Al Quwain on 20 December.
Ras Al Khaimah Free Trade Zone is a special economic zone in Ras Al Khaimah. RAK FTZ is around an hour drive from Dubai.
The Constitution of the United Arab Emirates provides a legal and political framework for the operation of the United Arab Emirates (UAE) as a federation of seven emirates. The Constitution came into effect on 2 December 1971 and was permanently accepted in July 1996. Authored by Adi Bitar, a forming judge and legal advisor, the Constitution is written in 10 parts and has 152 Articles. The United Arab Emirates celebrates the formation of the Union as National Day on 2 December.
Abu Dhabi Securities Exchange is a stock exchange in Abu Dhabi, United Arab Emirates (UAE).
The Trucial States, also known as the Trucial Coast, the Trucial Sheikhdoms, Trucial Arabia or Trucial Oman, was a group of tribal confederations to the south of the Persian Gulf whose leaders had signed protective treaties, or truces, with the United Kingdom between 1820 and 1892.
This is a survey of the postage stamps and postal history of the United Arab Emirates (UAE).
Thumbay Group is a UAE-based diversified international business conglomerate, headquartered in DIFC - Dubai, with operations across 20 sectors including education, healthcare, medical research, diagnostics, retail pharmacy, health communications, retail opticals, wellness, nutrition stores, hospitality, real estate, publishing, technology, media, events, medical tourism, trading and marketing, and distribution. The group is headed by Dr. Thumbay Moideen, who is the Founder and President. Thumbay Group is the owner of Gulf Medical University and chain of Thumbay Hospitals and Clinics.
Parliamentary elections were held in the United Arab Emirates on 3 October 2015 to elect 20 of the 40 members of the Federal National Council. The elections took place through an electoral college, which was expanded from 129,274 members in the 2011 elections to 224,279 for the 2015 elections.
Sheikh Ahmad bin Abdullah Al Mualla was the Ruler of Umm Al Quwain from 1873 to 1904. He led Umm Al Quwain through a turbulent period in the Trucial Coast's history, with conflicts against neighbouring emirates and almost constantly shifting alliances. On two occasions these conflicts led to him being found to breach the terms of the 1853 Perpetual Maritime Truce with the British. This notwithstanding, he was a signatory to the 1892 Exclusive Agreement, which bound the Trucial Sheikhs and the British together in a protectorate.
The following charts below are the family trees of the rulers of the seven emirates of the United Arab Emirates from the 18th century to present day. The House of Nahyan rules Abu Dhabi, the House of Maktoum rules Dubai, the House of Qasimi rules Sharjah and Ras Al Khaimah, the House of Sharqi rules Fujairah, the House of Mualla rules Umm Al Quwain, and the House of Nuaimi rules Ajman. The ruler of Abu Dhabi generally holds the presidency of the UAE and the ruler of Dubai holds the vice presidency and premiership.
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