Dubai launches initiative to ease business access to multiple freezones

file

Dubai on Tuesday launched an initiative aimed at providing businesses with seamless access to multiple free zones, while maintaining a single license, as the city aims to widen its investor-friendly business environment. 

A French luxury fashion brand was the first to leverage the "One Freezone Passport" initiative and will now maintain its warehouse operations in Jebel Ali Free Zone (JAFZA) while establishing its corporate office at One Za’abeel, part of DWTC Free Zone. The streamlined free zone licence expansion process was completed in five days.

The programme enables companies licensed at a single free zone to benefit from facilities located in other free zones across the emirate without requiring additional licensing.

Dr. Juma Al Matrooshi, Assistant Secretary General at Dubai Free Zones Council, said, “The One Freezone Passport is a transformative initiative that cements Dubai’s position as a global economic powerhouse. By enabling businesses to expand seamlessly across our world-class free zones, we are reinforcing Dubai’s reputation as a premier investment destination."

Abdalla Al Banna, Vice President of Free Zone Regulatory Operations at Dubai World Trade Centre Authority (DWTCA), said, “ This innovative programme from Dubai Free Zones Council enhances Dubai's attractiveness for global enterprises by enabling seamless operations across the city’s free zones, actively contributing to Dubai's vision of becoming the world's leading destination for international investment and business setup.”

Amna Al Ali. Vice President, Licensing and Registration at Jebel Ali Free Zones, said the One Freezone Passport initiative represents a transformative approach to free zones operations in Dubai.

The DWTC Free Zone offers a competitive and robust ecosystem, set within a regulated environment. Home to global companies, SMEs innovators, and entrepreneurs across over 40 diverse sectors, the DWTCA Free Zone offers a dynamic and business-friendly environment in the heart of the city with a key focus on offering tailor-made services to meet wide-ranging tenant requirements.

More from Business News

  • UAE leads high-level delegation to Egypt for CEPA negotiations

    Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of Foreign Trade, has led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.

  • Sharjah Ruler approves 2026 general budget of AED 44.5 billion

    His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the emirate’s general budget for 2026, with total spending set at around AED 44.5 billion.

  • Andre Agassi to headline 11th Dubai International Project Management Forum

    Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.

  • Disney+ joins 1 Billion Followers Summit as strategic partner

    The 1 Billion Followers Summit, the world’s largest global event dedicated to the content creation economy, has announced Disney+, the streaming service of The Walt Disney Company, has joined as a Strategic Partner for its fourth summit.

On Virgin Radio today

Trending on Virgin Radio