Posted inPolitics & EconomicsLatest NewsUAE

Dubai mulls major free zone law change

Dubai Government is studying shift to Common Law in freezones

Dubai free zone law
Dubai Government is studying shift to Common Law in freezones

Dubai is considering a major change to laws in free zones as it looks to boost its economy on the global stage.

The Government is actively exploring the application of Common Law within Free Zones, according to the emirate’s Media Office.

The potential move would enhance the city’s business environment and boost its economic appeal and efficiency.

Dubai free zone laws

This potential adoption aligns with the emirate’s progressive approach to cultivating a dynamic, responsive legal framework that caters to investors’ aspirations and bolsters global competitiveness.

The initiative supports the economic objectives outlined in the emirate’s Economic Agenda D33, which aims to position the city among the top three global economic hubs.

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