Mysore/Mysuru: The United Arab Emirates (UAE) has long been an attractive destination for entrepreneurs the world over, because of well-developed and diversified economy, excellent infrastructure and transport links and a unique low tax regime.
Also there is another major reason why so many flock to the UAE’s shores to conduct business — Free Trade Zones. These are the economic areas where goods and services can be traded. Free trade zones attract 0% tax rates, 100% ownership, preferential customs duty rates and 100% import and export tax exemption.
