Spanish companies will receive support in establishing operations at the Dubai Airport Freezone, following discussions between the Spanish Business Council and the Freezone Authority. 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. DAFZA said it hosts a group of leading Spanish companies involved in electronics, aviation and avionics and related services, engineering and construction materials, luxury goods, pharmaceuticals, medical equipment, cosmetics, perfumes, food and beverages, and consulting and business management. José Eugenio Salarich, Ambassador of Spain to the United Arab Emirates, said: “Spain embraces many free zones, so we are confident that our meeting with DAFZA officials will open broad prospects
