If you’re looking for the cheapest free zone in UAE to stablish your company, you have to consider several factors. The UAE is one of the best places to start a business, so starting operations here may be the best decision you can make.
In this article, you’re going to learn everything you need to know about the best places to invest based on your economy. In addition, you can find out more about the benefits that all of these free zones give to you. Let’s observe:
- Why should you be interested in knowing the cheapest free zone in UAE?
- International Free Zone Authority (IFZA)
- Ajman Media City Free Zone (AMC FZ)
- Sharjah Media City Free Zone (SHAMS)
- Khalifa Industrial Zone Abu Dhabi (KIZAD)
- Ras Al Khaimah Economic Zone (RAKEZ)
- How can Connect FZ help you establish your business in a Free Zone?
1. Why should you be interested in knowing the cheapest free zone in UAE?
Free Zones have been gaining popularity among investors for the past few years. They offer several benefits for business owners and you may already know it. You get access to a lot of infrastructure and get plenty business support.
However, since there are more than 40 Free Zones in the UAE, you must be wondering which one could be the best for you. For this reason, you may be looking for the cheapest free zone in UAE to start your business.
By knowing the best places where you can invest your money you can get an outstanding revenue. In addition, you can save some money and start entering a new promising market that could give you more incomes.
1.1 Why do investors opt for Free Zones?
Free Zones in the UAE are a popular choice for business owners and investors. There are several reasons for this which are the following:
- 100% ownership: one of the most outstanding benefits for business owners is that they get 100% ownership of the business entity. When it comes to Mainland business you don’t get this benefit.
- Tax-free environment: dealing with taxes could be a big headache for investors. With a Free Zone Company, you don’t have to worry about this.
- Secure banking system: since you’re investing tons of money you want your income to be safe.
- Fast and easy business setup: you don’t have to deal with long and tedious processes to set up a company in a Free Zone.
- World-class infrastructure: you can carry out your business operations in top place. In addition, you get access to a variety of options.
- Business set-up cost: it’s one of the most important benefits. You can find a few cost-effective Free Zones to set up your business. You can run your operations profitably thanks to this.
As you can see, you can get the cheapest free zone license in Dubai and start taking the most out of your expansion.
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2. International Free Zone Authority (IFZA)
The International Free Zone Authority, also known as IFZA, is the cheapest free zone in UAE. It’s considered a highly cost-effective place to start your business.
2.1 What are the benefits of establishing a business in IFZA?
When you’re considering obtaining a Free Zone license UAE you have to think in setting your business in IFZA. There are several benefits you can get in this place which are the following:
- Company incorporation in a quick and easy manner
- Possibility to carry out a vast range of business activities
- Get 100% ownership
- Set up an LLC (Limited Liability Company) and add the suffix to your company name
- It’s not necessary to have an office space to set up a business
- Share capital requirement not needed
- There are no restrictions when it comes to foreign currency
2.2 What are the main characteristics of IFZA?
- Wide range of office solutions for your business
- You can carry out 7 business activities with one license
- You can sell your products and goods online with your trade license
- Save in annual audits
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3. Ajman Media City Free Zone (AMC FZ)
In the Ajman Media City Free Zone (AMC FZ) you can get the cheapest free zone license in Dubai. You can start any type of business in this place and you can get your license at lower costs.
If you’re a business owner that is looking for flexibility you have to consider the AMC FZ to start. You have no limitations regarding the type of company. In fact, this is one of the best benefits you can get in this place.
3.1 What are the best characteristics of the Ajman Media City Free Zone?
Perhaps you’ve never heard of this place before and you’re not sure why you should consider it. Before making a crucial decision of establishing your business you must have enough knowledge about the place.
- Incorporation time: if you want to set up your business in this place, you’ll get a fast solution. The average incorporation time is 2 weeks.
- No physical office space required
- Business people and individuals can both carry out the company formation easily
3.2 Why is the Ajman Media City Free Zone attractive for investors?
As you know, each Free Zone has its own benefits. In the Ajman Media City Free Zone you get the following advantages:
- Registration process that won’t take long time and that is simple
- You can get your License fast (Estimate issue time: 2 days)
- You can carry out multiple business activities with one license
- 100% profit repatriation
- You get 100% ownership of your business
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4. Sharjah Media City Free Zone (SHAMS)
The Sharjah Media City Free Zone, also known as SHAMS for its initials, is also a cheapest free zone in UAE. The best news for business owners is that they can find business packages at low cost in this place.
New entrepreneurs can find outstanding opportunities in SHAMS as well as existing business owners. They can choose the business activity and get the professional license at a fair price. For this reason, the Free Zone license UAE is best suited for professionals.
4.1 Why is SHAMS a great place to set up your business?
You can get your license in this place to start working legally and at a lower cost in comparison to other Free Zones. Some of the best benefits of SHAMS are the following:
- You’ll only have to wait 3-5 business days for incorporation
- Access to several kinds of facilities such as flexi-desk, dedicated desk, shared office and dedicated office.
- Although it is known as a media zone you also have a broad list of activities to choose from (120 activities in total)
- It’s an affordable Free Zone since fees start from lower prices. The fees increase based on the number of visas
- You can register your company in a week and do it remotely. So, it doesn’t matter if you’re abroad
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5. Khalifa Industrial Zone Abu Dhabi (KIZAD)
When you’re planning on stablishing your company in the cheapest free zone in UAE you have to consider the Khalifa Industrial Zone Abu Dhabi (KIZAD). It’s one of the emerging zones in the UAE that offers outstanding benefits to business owners.
You can develop a solid business strategy and carry out the company formation in KIZAD in a fast and easy way. It doesn’t matter if you own a small or large-scale business because you can get several benefits.
5.1 What are the advantages of KIZAD?
KIZAD is one of the best industrial places in the UAE, and the best part is that it’s one of the cheapest Free Zones. You’ll be in a strategic location where you can reach regional and international markets. Thus, your business can continue growing.
Some of the best reasons why KIZAD is an attractive place for investors are the following:
- Customized packages: as a business you get a solution that fits your expansion needs.
- License cost: getting your license to operate legally in this Free Zone is very easy. In addition, is also very cheap and you can get amazing visa packages to form a company.
- Industrial license: unlike other cheap Free Zones, in KIZAD the Industrial License is available.
- Freight and shipment: as a company in KIZAD you get access to specific amount of air freight and shipment capacity.
5.2 Why is KIZAD a great place to do business?
In KIZAD you’ll find a lot of advantages in addition to their affordable business packages. These are the following:
- High-quality warehouses
- Companies that specialize in manufacturing, trading and storage can find outstanding solutions here
- Flexi-desks and offices available
- Attractive taxes aimed to manufacturers such as tax exemption on raw materials
- With the KIZAD license you can have 5 similar business activities
6. Ras Al Khaimah Economic Zone (RAKEZ)
If you´re looking for the cheapest free zone in UAE, the Ras Al Khaimah Economic Zone (RAKEZ) is your best choice. In this place, you can get a customizable business solution. Thus, you’ll be able to set up your dream company and meet your strategic goals.
6.1 Why is Ras Al Khaimah Economic Zone a cheap place?
There are several reasons why Ras Al Khaimah Economic Zone is an attractive place for investors. It’s a great place to open an office and to start your international operations. Some of the benefits of this place are the following:
- Cost-effective packages: when you’re setting up your business, you’re looking for lower costs. In this Free Zone you get access to cost-effective packages so you won’t have to deal with additional expenses.
- Modern facilities: If you’re looking for a distinguished place, RAKEZ should be your choice. With its modern facilities you’re going to boost your business. In addition, its hi-tech facilities could make everything easier if you’re looking for growing and developing your activities.
- Freezone parks: if you’re an investor, in RAKEZ you have access to tailor-made parks. With its 3 industrial parks, 1 business park and an academic zone you have the chance to choose the best solution for your business.
- Easy access to global markets: in RAKEZ you can boost your industrial operations since you have seaports and airports that will allow you to stay connected.
6.2 What are some of the best characteristics of RAKEZ?
There are additional characteristics that make this place a great one to start your business. These are the following:
- Customizable warehouses
- Availability of a flexi-desk or a smart office in RAK and Abu Dhabi
- The business activity list is one of the most comprehensive and larges of the UAE.
- They often run promotions and discounts campaigns
- Women can participate in “Women in Power”, a special project that offers 40% discount
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7. How can Connect FZ help you establish your business in a Free Zone?
As a business owner or investor, you’re probably looking for the best place to set up your company in the UAE. Setting up a company in a Free Zone could be the best decision but you have to find the best place to start.
Here in Connect FZ we want to help you find the cheapest free zone in UAE so you can increase your earnings. We have a team of specialists readily available to help you solve all of your doubts. You can be sure that we’re going to help you meet your expansion goals since we’ll gladly offer you a customized solution.
Would you like to contact Connectfz to know more about the available types of business licenses in Abu Dhabi and the UAE? If you have any questions, call us on +97143316688. You can email us at info@connectfz.ae, and you will talk to one of our representatives who will answer your questions.
Kate WilliamsSkills in Communication, Interpersonal Skills, Time Management, Teamwork, and Customer Experience. She is an enthusiastic self-starter with a passion for building relationships with people.
