This is a free zone where all technology – based companies specializing in sustainable development and are grouped renewable energy . It is one of the most prominent free zones and significant emirate taxes.
Among the benefits of these companies and others that decide to settle in this place include tax exemption of income and corporation, the absence of import tariffs or total permissiveness when the 100% is owned. Therefore, for example, you do not need a costly trip to the region.
It also has a “single window” to easily proceed with registration of the company as well as the amenities and facilities offered by a technology and modern infrastructure to accommodate businesses and corporations. All advantages for development.
But if all this we add a commitment to renewable unparalleled, as does the energy Masdar throughout the world ( Solar Impulse is one of his projects) as it makes Masdar City will become the paradise of renewable .
There are installed three of the standard bearers technology companies Spanish sun . These three companies are Abengoa, Elecnor and Sener.
“Masdar City will not only help save the environment but also our time and energy . The creation of our business was here without problems , “says Pedro Mugarra Sener.
Other companies located there are Areva, Canadian Solar , E.ON Masdar, Hawk Energy (oil & gas), Mitsubishi, Primus Solar, R-Ten, Siemens, SK Energy, Solapak, SunPower, Trina Solar,
Masdar City is known as the green city of the future. The power will be all renewable. Already they have a photovoltaic plant that provides much of the electricity demand, and many of their roofs have solar panels for their own consumption.
One of the landmarks of Masdar City is the official headquarters of IRENA, the International Agency for Renewable Energy .
Now, to give greater packaging and solve water problems, this duty free zone wants to carry out his new project: the construction of desalination plants fed with renewable energies by 2018. Given the advantages, not be a problem to get it.