Free Port (Abu Dhabi)
Abu Dhabi, the capital of the United Arab Emirates (UAE), does not have a designated “Free Port” in the same sense as some other regions. However, it does have several free zones and industrial zones that offer businesses various incentives and benefits to operate within their premises.
One prominent example is the Abu Dhabi Free Zone (ADAFZ), also known as the Abu Dhabi Global Market (ADGM) Free Zone. It is an international financial center and free zone located on Al Maryah Island in Abu Dhabi. ADAFZ provides a business-friendly environment with 100% foreign ownership, zero corporate tax, and no restrictions on capital repatriation.
Additionally, Abu Dhabi is home to industrial zones such as the Industrial City of Abu Dhabi (ICAD) and the Khalifa Industrial Zone Abu Dhabi (KIZAD). These zones offer incentives for industrial and manufacturing activities, including tax exemptions, customs duty exemptions, and streamlined administrative processes.
While Abu Dhabi may not have a specific “Free Port,” these free zones and industrial zones play a crucial role in attracting investment, fostering economic growth, and diversifying the emirate’s economy. They provide businesses with a conducive environment to establish and grow their operations, contributing to Abu Dhabi’s status as a leading business and investment destination in the region.
