Free zones are special economic regions or jurisdictions that issue operating licenses for businesses and grant financial and tax exemptions. There are over 40 Free zones in the 7 Emirates.

To open a corporate bank account in Dubai, you typically start by speaking with an adviser or bank representative who will guide you through the process. They will need to receive a completed application form, along with the required documents.

The Dubai Airport Free Zone (DAFZ) is home to over 2,300 businesses across various sectors and industries, employing over 17,000 professionals, having tax-free and business-friendly environment for businesses.

The Dubai Airport Free Zone (DAFZ) is home to over 2,300 businesses across various sectors and industries, employing over 17,000 professionals, having tax-free and business-friendly environment for businesses.

Dubai is looking to build a stable, sustainable, resilient, and inclusive economy in a postCOVID-19 world with its new Great Economic Reset Program. The Government of Dubai, in a partnership with the Rashid School of Government (MBRSG), has launched the program as a crucial part of the Emirate's plan to reset and reshape its economy. The program features a detailed analysis of current and future policies, new research, and stakeholder consultations to decide future economic policies of the kingdom.

The United Arab Emirates is well known for its famous banking industry and the high level of privacy banks provide their clients. Its financial system is synonymous with stability. Local banks are recognized thanks to their top-rank security, reliability and excellent services globally. As a result, more and more business people from different countries wish to open a bank account and operate their businesses in the UAE. It is essential to note that each financial institution has its specific requirements for opening a business bank account.