Louis Vuitton Becomes First Corporate Member of Dubai's One Freezone Passport Initiative
This major development aims to simplify cross-zone expansion, aligning with the Dubai Economic Agenda D33 to position the emirate as a global business leader.
In a significant milestone for the initiative, Louis Vuitton has become the first corporate member to benefit from this streamlined framework. The global luxury brand will retain its warehouse operations in Jebel Ali Free Zone (JAFZA) while establishing a corporate office at One Za'abeel, within the Dubai World Trade Centre Free Zone (DWTC Free Zone). The transition process was completed in just five days, showcasing Dubai's remarkable efficiency and ease of doing business.
Dr. Juma Al Matrooshi, Assistant Secretary General at DFZC, said: 'The One Freezone Passport is a transformative initiative that cements Dubai's position as a global economic powerhouse... The onboarding of Louis Vuitton exemplifies the efficiency and attractiveness of Dubai's regulatory framework.'
Abdalla Al Banna, Vice President of Free Zone Regulatory Operations at DWTC, highlighted the international trust in Dubai's economic model: 'The decision by Louis Vuitton to expand into DWTC Free Zone reinforces the city's global appeal. The programme enhances Dubai's competitiveness by allowing seamless operations across multiple zones.'
Amna Al Ali, Vice President of Licensing and Registration at JAFZA, described the initiative as a 'transformative approach' that enables companies to access facilities in other free zones without requiring additional licences—a move that greatly improves operational agility.
This development not only reinforces DWTC Free Zone's status as a hub for growth and innovation but also exemplifies Dubai's forward-thinking approach to business facilitation. The initiative is expected to attract further interest from international companies seeking a fast-tracked and flexible expansion strategy within a regulated and investor-friendly environment.
The DWTC Free Zone currently supports over 40 business sectors, providing tailored services to global corporations, SMEs, and entrepreneurs alike, right in the heart of Dubai's commercial landscape.
News Source: Dubai Media Office
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