Dubai Investment Park (DIP): A Free Zone Offering 100% Foreign Ownership
Yes. Dubai Investment Park (DIP) is a free zone in Dubai, UAE, established in 1997.
Key Features
- Area: ~2,300 hectares (5,680 acres) — one of Dubai's largest industrial zones.
- Sectors: Manufacturing, logistics, warehousing, automotive, food processing, construction materials, technology, services.
- Incentives:
- 100% foreign ownership (no local sponsor required).
- 0% corporate tax (for qualifying activities; UAE CT regime applies from 2024 with free zone exemptions).
- No currency restrictions; full repatriation of capital/profits.
- Streamlined licensing (DIP Authority).
- Long-term leases (up to 50 years renewable).
- Location: Near Jebel Ali Port, Al Maktoum International Airport, E311 (Sheikh Mohammed Bin Zayed Rd) — superb connectivity.
DIP hosts 3,000+ companies from 60+ countries. Ideal for industrial and logistics firms targeting GCC, Africa, South Asia.