Decree No. (18) of 2024

We, Mohammed bin Rashid Al Maktoum, Ruler of Dubai,

After perusal of: Law No. (9) of 2015 Concerning the Dubai World Trade Centre (the “DWTC”),

Do hereby issue this Decree.

Amalgamation of Land Plots

Article (1)

Plot No. (3250752) and Plot No. (3250753), which are located in Zabeel First and whose boundaries and area are demarcated on the plans attached to this Decree, are hereby amalgamated into the DWTC Free Zone.

Applicability of Legislation

Article (2)

a. The land plots referred to in Article (1) of this Decree are hereby deemed part of the Free Zone. These plots, and the companies and establishments which are licensed to operate therein, will be governed by the above-mentioned Law No. (9) of 2015 and the resolutions issued in pursuance thereof.

b. The DWTC Authority will exercise its powers under the above-mentioned Law No. (9) of 2015, the resolutions issued in pursuance thereof, and other legislation in force in the Emirate of Dubai within the land plots referred to in Article (1) of this Decree and over the companies and establishments licensed to operate therein.

Concessions and Exemptions

Article (3)

The companies and establishments licensed to operate within the land plots referred to in Article (1) of this Decree will enjoy the concessions and exemptions prescribed under the above-mentioned Law No. (9) of 2015, the resolutions issued in pursuance thereof, and other legislation in force in the Emirate of Dubai, including tax exemptions.

Compliance

Article (4)

The companies and establishments licensed to operate within the land plots referred to in Article (1) of this Decree must comply with the provisions of the DWTC legislation within no later than one (1) year from the date on which this Decree comes into force. The Chairman of the Board of Directors of the DWTC may, where required, extend this grace period for the period he deems appropriate.

Repeals

Article (5)

Any provision in any other legislation is hereby repealed to the extent that it contradicts the provisions of this Decree.

Publication and Commencement

Article (6)

This Decree will be published in the Official Gazette and will come into force on the day on which it is published.

Mohammed bin Rashid Al Maktoum Ruler of Dubai

Issued in Dubai on 1 March 2024 Corresponding to 20 Shaban 1445 A.H.