Though licences are issued predominantly by the respective Free Zone Authorities, there are certain Free Zone areas where DED also issues licences as per the local and federal laws such as:
Name of Freezone |
DED Approval Area |
TECOM - A & B | DED issues licences to companies who opt to operate in TECOM A & B subject to TECOM approval. |
Dubai Silicon Oasis | Companies licensed by DED may choose to operate out of freehold buildings in Dubai Silicon Oasis by obtaining a special permit from DSO Authority |
Dubai Flower Centre | Companies specializing in perishable items like floriculture, horticulture, fruits and vegetables can operate out of Dubai Flower Centre. DED governs license issue here. |
Dubai World Communities (Trakhees) | Entities in Dubai World Communities may adopt any of the legal structures prescribed by the UAE Commercial Companies Law and with due compliance |
It is important for all entrepreneurs and businessmen considering opening firms in the above lines be aware that though their company in principal will be having a free zone legal entity status, the scope and approval for their activities fall within the jurisdiction of the Department of Economic Development in Dubai.
Copyright © 2024 Emirates Chartered Accountants Group.