CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Dubai Airport Freezone Seeks Stronger Ties With China

Dubai Airport Freezone Seeks Stronger Ties With China

by Lorys Charalambous, Tax-News.com, Cyprus

14 July 2016


The Dubai Airport Freezone Authority (DAFZA) recently received a Chinese delegation headed by Zhang Qingwei, Governor of Hebei Province, to explore new investment prospects to deepen economic cooperation between the UAE and China.

Meeting with the visiting delegation in the presence of Li Lingbing, Consul-General of the People's Republic of China in Dubai, Mohammed Al Zarooni, Director General of DAFZA, underlined the key features of the free trade zone. DAFZA offers a number of tax incentives to businesses, including 100 percent exemption from corporate tax and import and export tax, and allows 100 percent foreign ownership.

"We look forward to transferring our logistics and administrative expertise in free zone management to our peers in China... We are working to establish robust strategic partnerships with leading international and multinational companies from various sectors, in a step forward which will significantly help increase trade exchange between the two countries and promote the UAE's position as the largest Middle East partner to China," Al Zarooni said.

TAGS: tax | investment | business | tax incentives | export duty | corporation tax | China | tax breaks | import duty | trade | Dubai | free trade zone | Middle East

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 

Log into Tax-News+
Not registered yet? Find out about our daily news alert service »

 Email: 
 Password: 

Login »

Forgotten your password?







Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »