UAE Free Zones are special economic regions separately governed from mainlain UAE rules designed to attract foreign investment by offering favorable business conditions. There are over 40 Free Zones across the UAE, each catering to different industries, including technology, finance, media, and logistics. Each offers governance and legislative provisions to operate a specialised business. However they are subject to the same rules under the Federal Laws governing both VAT (introduced in 2018) and Corporate Income Tax (introduced in 2022).