UAE Freezones are popular among global investors. Cheapest free zones in UAE attract global investors to set up their cost-effective companies. The Free zones in UAE offer a whole lot of infrastructure and business support to the investors.
There are more than 40 Freezones that offer cheapest free zone company licenses in UAE. Depending on the business activities the investors can choose the right Free Zone in UAE.
Aurion will assist you in choosing the right company license from the Free Trade Zones in UAE. For example, a Media Company is advisable to be registered in any of the Media City Freezones such as the Dubai Media City, Fujairah Creative Zone, Sharjah Media City, etc.
Why Freezones are the Popular Choice of Investors?
The Freezones in the UAE offer a host of benefits for its investors. There are various factors that determine the popularity of a Free zone in the UAE. The most important features are the 100% ownership of the business entity, profit repatriation, tax-free environment, secure banking system, world-class infrastructure, fast and easy business setup, cheap free zone licenses and visas etc.
For general trading, consultancy, service industry, etc. cost-effective free zones in Dubai are the most preferred. Investors consider Dubai as the center for all their business operations. The location of the Dubai International Airport is a key attraction for services and consultancy businesses to set up their base in Dubai. The ability to travel seamlessly to any part of the world and conduct business meetings are a few direct benefits from setting up your business in Dubai.
When it comes to the business setup cost, Free Zones in Dubai comes at a premium. There are a couple of cost-effective Free zones in UAE. Free Zones in Dubai offers unmatched business setup solutions and cheap trade licenses to set up your dream company.
The Cost of the cheapest company registration in Dubai starts from AED 11,800 for a Zero Visa Quota. The International Free Zone Authority is the right place to set up a low-cost company in the region.
Which is the Cheapest Freezone in UAE?
When it comes to choosing the cheapest Freezone in UAE to establish a company, there are various factors to be considered in the shortlisting process. It includes the location of the freezone, followed by the business activities chosen, office space requirements, etc.
The Free Trade Zones offer the cheapest business license in UAE for investors to easily set up a company. Investors are looking at ways to keep the company setup cost low. The cheapest company license in 2022 is offered by Free Zones in Ajman, Sharjah & Dubai. There are numerous business license types and business activities available for investors across the Free Zones of UAE. Here is a quick comparison of the Cheapest Free Zones in UAE based on the business license cost.
International Free Zone Authority (IFZA) is the cheapest Free zone in Dubai. It offers the investors low-cost business licenses and world class infrastructure.
Similarly in the Emirate of Sharjah, there is Sharjah Media City that offers low cost media licenses to investors. As per the 2022 free zone cost, Shams Free Zone is the cheapest freezone in Sharjah Emitrate. SHAMS offers cheap business license for a host of activities such as consulting, media, e-commerce etc. Also offers the cheapest general trading license in UAE for selling multiple items.
Let’s have a look at the relatively cheap Freezones in UAE that offer low cost free zone license:
Which are the Cost Effective Free Zones in UAE?
There are few cost-effective free zones in UAE that offer attractive company formation packages and cheapest trading license in UAE for investors.
The Free Trade Zones in Ras Al Khaimah, Ajman, and Umm Al Quwain are cost-effective Free Zones when it comes to the overall cost of setting up the business. The total cost of setting up a business includes the trade license cost, office rent expenses, administrative and visa expenses.
The reduced office management and maintenance expenses, lower office rent, reduced power bills, etc., makes the Free Zones in the northern emirates a cost-effective choice for the investors. Alternatively, the investor can choose the Dubai Silicon Oasis -IFZA as it is one of the cheapest Free Zones in Dubai.
The Free Zones in the northern Emirates such as Sharjah, Ras-Al-Khaimah, and Fujairah offer the cheapest start-up company packages and the cost of the business license will be relatively lower than the Free Trade Zones in Dubai. The Cheapest business license in Sharjah for a Media License starts from AED 5,750 for a Zero Visa Quota.
Similarly, there are few cheapest company licenses on offer from Sharjah Media City, Sharjah Publishing City, Ajman Media City, Ras Al Khaimah Economic Zone (RAKEZ). The Free Zones in the Northern Emirates of UAE offer a wide range of business activities and business infrastructure for start-ups and budding entrepreneurs to start a company with ease and minimal documentation.
1. International Free Zone Authority (IFZA)
The International Free Zone Authority (IFZA), Dubai is one of the cheapest Freezone in Dubai. IFZA is also one of the most cost-effective Free Zones in UAE. It offers a low-cost company license in Dubai starting from AED 11,900. This is the best Dubai free zone license offer in 2022.
The investors experience a wide range of modern office solutions that match international standards. It has a warehouse facility that is built on the highest international logistics standards. IFZA also offers flexi-desk and flexible rental solutions for the investors to keep their operational costs at the minimum. Based on the investor preferences IFZA is expected to be the most popular free zone in 2022.
Benefits for the Investors
- Fast and easy incorporation and company managementA wide and comprehensive range of business activities (Consultancy, Services, Trading, etc.)
- 100% Foreign Ownership
- Ability to Setup a Limited Liability company and get the LLC Suffix after the company name
- 100% exemption from corporate and income tax
- No foreign currency restrictions
- There is no physical office requirement
- No share capital requirement
- Ability to incorporate holding companies
Type of licenses available in IFZA
- Consultancy License – Ideal for professional services like management consultants, HR Consultants, etc.Service License- Suited for production, transformation, and distribution of service companies
Trading License- Best fit for a company that trade specific goods
General Trading license – For companies that trade a wide range of items - Industrial License- Best fit for companies involved in importing raw materials, production,
