UAE Freezone Company Setup Packages
Here are our packages with the free zone business cost in the UAE. We are completely transparent when it comes to the UAE free zone company formation cost. There are no hidden fees or charges that will catch you off guard later on. From the packages, you can choose the one that fits your budget for Dubai’s free zone business setup cost. In some cases, the total capital required to cover the entire Dubai Free zone company formation cost will depend on the free zone of your choice.
The Dubai Free zone company setup cost is very affordable. Other than that, there are several more benefits for setting up your business in the Dubai Free zone. The main selling point of free zones is the fact that all businesses can be completely owned by foreigners. Until recently, no businesses in the mainland could be 100% owned by foreigners. Still, businesses in some of the most profitable sectors in the mainland do not allow 100% ownership to foreigners.
There are numerous free zones to choose from in the UAE. Company formation in some free zones is more affordable than others. Some free zones provide more benefits than others. Specialized free zones provide specific benefits to a business in a specific industry. For example, Dubai Silicon Oasis is a free zone that specifically caters to the needs of IT and tech-based businesses. However, there are some common benefits provided in almost all free zones in the UAE.
Advantages of Free zone Company Formation in the UAE
Here are some of the common benefits provided by almost all of the free zones in the UAE:
- 100% ownership of businesses for foreigners.
- 100% repatriation of capital and profits.
- 100% exemption from personal and corporate taxes.
- Low business setup costs
- Registration of company in one day.
- The owner’s presence in the UAE is not required for registration.
- No yearly financial audit for free zone businesses.
Popular Free Zones in the UAE
The Dubai Airport Free Zone is one of the most popular free zones in the UAE. This is due to two main reasons. First, it is located in a strategic region that makes it an international hub for businesses from all around the world. Second, the DAFZA allows most of the business activities that are permitted by the Department of Economic Development in Dubai. This allows businesses located here to be more versatile and widen their scope. Other than that, since the DAFZA is directly connected to the Dubai International Airport, businesses get fast-track customs processing.
The International Free Zone Authority in Dubai (IFZA) is one of the most affordable free zones in the UAE. As a result of its affordability, it is one of the fastest-growing free zones in Dubai. The IFZA is co-branded with the Dubai Silicon Oasis free zone. Both these free zones are governed by the rules and regulations that are set by the Dubai Silicon Oasis Authority. The main attraction of the International Free Zone Authority in Dubai is that businesses located here have the option to be a Limited Liability Company.
The Dubai Silicon Oasis free zone is a world-class integrated technology park. Tech-related businesses will get a competitive edge for starting their businesses here. This is because the Dubai Silicon Oasis provides state-of-the-art facilities and infrastructure for IT and tech businesses. It also allows a wide range of business activities in the tech sector. The Dubai Silicon Oasis free zone is also well connected in Dubai, as it is in range of various seaports and airports.
The AFZ was established in 1988 making it one of the longest-running free zones in the UAE. While most of the well-established free zones have more expensive costs for business setups. The Ajman Free Zone (AFZ) is still one of the most affordable free zones in the UAE. It also provides flexible office packages with a quick and east license registration process. The main selling point of the AFZ is that it is located near two major international airports and four major seaports.
The Ras Al Khaimah Economic Free Zone is a commercial and industrial hub. The whole economic zone consists of five sectors that house a wide variety of businesses. However, manufacturing businesses will especially benefit from the RAKEZ as it has plenty of industrial space and warehouses. The RAKEZ also allows the option to establish non-Freezone companies.
The Umm Al Quwain Free Trade Zone is perfect for startups that are testing the market in the UAE for the first time. Foreigners looking to form a business in the UAQ Free Trade Zone do not need to be present in the UAE to get started.
The Khalifa Industrial Zone Abu Dhabi (KIZAD) is located next to the Khalifa port in Abu Dhabi. The Khalifa port is one of the most developed ports in the world. Business located in the KIZAD gets special benefits while exporting and importing materials and products. They also allow businesses to claim tax exemption on raw materials.
The Abu Dhabi Airport Freezone (ADAFZ) is open to both local and foreign businesses that need access to the Abu Dhabi International Airport. The ADAFZ allows businesses to form a Free Zone Limited Liability Company. It also provides affordable licenses for businesses looking to jump-start their business.
Dubai internet city allows a freelancer license that is one of the most affordable licenses in the UAE. The DIC is currently the largest ICT hub not only in the UAE but also in the whole Middle East and North African region. It houses freelancers and solo entrepreneurs to the biggest companies and corporates from all around the world. Currently, it is the home of over 1400 companies including Facebook, Microsoft, and Google. All these companies combined have over 10,000 employees working in the DIC.
