The UAE is the ideal business place owing to several reasons such as being the cheap free zone in UAE. Its strategic location and 0% tax policy attract a huge number of foreign and local investors. Whether you’re looking to expand your business or start a new one, UAE offers an accelerated business environment.
Free zones are the special economic areas in the UAE where businesses can be set up at privileged tax and customs rates. Each free trade zone is defined by a geographical area within the particular emirate. Besides, each free zone has a different set of laws and jurisdictions governing the businesses.
The purpose of free zones is to boost foreign business by offering numerous benefits such as 100% business ownership. With over 40 free zones in the UAE and many of them categorized based on business activities, it is essential to understand your business requirements while selecting the cheapest free zone in UAE
Ajman Media City (AMC)
Offering an extremely quick and simple company formation process, Ajman Media City is a brand new investment destination in the UAE. This free zone attracts businesses from all across the world by offering easy and cost-effective services. AMC incorporates a wide variety of media and entertainment-related activities.
It also offers Flexi-desks and small sharing workplaces. This free zone makes it an ideal place for small and mid-sized business owners to set up their businesses. With a trade license starting from AED 8500, AMC is renowned as one of the cheapest free zones in the UAE.
Raz Al Khaimah Free Zone(RAKEZ)
Another jurisdiction offering one of the cheapest free zone licenses in UAE 2021 is RAKEZ. This free zone at present houses more than 14k companies under more than 50 niche sectors. The close proximity to RAK airport and seaport makes this free zone a lucrative option for aspiring entrepreneurs.
RAK is renowned for its customizable warehousing solutions. You can choose from low, medium, and high sized warehouses depending upon your business activities. It also provides readily available staff and labour accommodations. Providing the largest list of business activities in the UAE
International Free Zone Authority, Dubai
Located in the Silicon Oasis Area in Dubai, IFZA is one of the competitive free zones in the UAE. It offers a vast choice of low-cost company setup packages, making it one of the cheapest free zones in the UAE to establish a business.
The Dubai Department of Economic Development decides the range of business activities that can be conducted in this free zone. You can choose a maximum of 7 activities under one license.
