Masdar City Free Zone Partners with Fazaa to Offer Employee Membership Benefits

Masdar City Free Zone (MCFZ), a prominent Abu Dhabi free zone focused on clean technology and innovation, has formally partnered with Fazaa. This collaboration provides employees of companies registered within MCFZ with access to Fazaa's Silver, Gold, and Platinum memberships, marking a precedent as the first Abu Dhabi free zone to offer such a benefit.

The agreement, finalised during Abu Dhabi's inaugural Livability and Investment Exhibition, LIVEX, aims to enhance the welfare and attract talent to businesses operating in Masdar City. The initiative extends discounted offers across various categories to employees, making daily life more accessible and affordable.

Benefits for Employees

Eligible employees will gain access to Fazaa's tiered memberships, which include a wide array of discounts and offers. These benefits span crucial aspects of daily life, including:

• Healthcare services
• Automotive services
• Health and beauty products
• Restaurant dining
• Furniture purchases
• Real estate services
• Car rentals

These discounts are available to the entire business community within Masdar City Free Zone. According to Ahmed Baghoum, CEO of Masdar City, this partnership is part of an ongoing strategy to tailor offerings to the diverse and growing business community, complementing existing benefits like 100% foreign ownership, zero personal income tax, dual licensing, and one-day licensing.

Companies registered with Masdar City Free Zone can register for Fazaa membership through the Free Zone Department Offices or via the masdarcityfreezone.com website.