Dubai South launches a new incentive package for companies

Dubai South has launched a new set of incentives directed at companies operating within its free zone, in a move that reflects its continued commitment to supporting the business community and maintaining the pace of economic activity.

A statement issued yesterday stated that this initiative comes in line with the efforts of the Dubai Free Zones Council, which aims to enhance the competitiveness and flexibility of the free zone environment in the emirate, by providing practical solutions that contribute to facilitating business continuity and reducing operational burdens on companies.

The incentives include support for the establishment of new companies, facilitating the renewal of licenses, in addition to exemptions from late fines associated with renewing licenses.

This step confirms Dubai South’s keenness to provide a flexible and supportive business environment that takes into account the needs of companies at various stages of their growth and contributes to achieving the broader economic goals of the Emirate of Dubai.

Executive Director of Dubai South, Nabil Al Kindi, said: “We continue to work to support companies operating in Dubai South by launching initiatives that contribute to facilitating growth and continuity of operations.”

He added: “These incentives come as a continuation of our ongoing efforts to strengthen our integrated system, including the facilities package that was recently launched, to support small and medium-sized companies in the business park. This step is also consistent with the vision of our wise leadership and the economic trends of the UAE, and reflects our continued commitment to maintaining business momentum and continuity, and enhancing confidence in the investment environment.”

Dubai South continues to attract a diverse base of regional and international companies, benefiting from its strategic location, integrated infrastructure, and smooth operating environment that supports long-term business growth.