There are over 50 free zones in the UAE that offer business setup. When forming a Free zone company, the Free zone you choose will be determined by the type of business activities you intend to conduct. Nonetheless, there are numerous Free zones in the UAE that can meet all of your business needs. Whichever option you select, forming a Free zone company is a relatively simple and quick process.
When it comes to the cheapest and best free zones in the UAE, Ajman Media City Free zone takes the top spot because it is the only free zone in the UAE that offers company setup for as little as AED 9000. Furthermore, this is the only free zone that allows you to select up to 5 business activities in the same group under a single Trade License.
The business world is currently experiencing a stable economic growth all over the world. Despite the fact that oil prices have had a significant impact on businesses, the UAE remains one of the best places to do business.
A recent survey was conducted to determine which states were the best for business setup in terms of cost and time required. The survey considered the cost of government approval for the business license, office rental charges, worker visa, storage facility, and other related factors when calculating the cost.
When it comes to establishing a business in the UAE, both free zones and the mainland offer an amazing ecosystem with various opportunities for new businesses. If a person wanted to start a business related to general trading in a free zone area, the best free zone in terms of having the lowest cost might be Um Al-Quwain.
The UAE Free Zones are the most preferred locations for international business operations, attracting foreign investors due to policies that generate employment while supporting economic reforms, making them highly profitable investment options for organizations.