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Sheikh Hamdan issues resolution to regulate free zone establishments
Gulf Today
|March 18, 2025
In his capacity as the Chairman of The Executive Council of Dubai, Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, issued Executive Council Resolution No. (II) of 2025, regulating the operations of free zone establishments in Dubai.
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Provisions of this resolution apply to establishments seeking to operate outside the free zone, with the exception of financial institutions licensed to operate within the Dubai International Financial Centre, and align with the goals of the Dubai Economic Agenda, D33, to double the size of Dubai's economy in the decade up to 2033, and consolidate its position among the world's top three economic cities.
According to the resolution, any company or institution licensed by a free zone relevant authority may operate outside the free zone and within Dubai, as long as it obtains the necessary licences or permits from the Dubai Department of Economy and Tourism (DET).
This latest resolution marks a significant advancement in enhancing the business landscape, by enabling Free Zone businesses to effortlessly expand their operations beyond the free zones into mainland Dubai.
Cette histoire est tirée de l'édition March 18, 2025 de Gulf Today.
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