Ranked 16th globally in the World Bank’s Ease of Doing Business 2024 report, the UAE stands out as an ideal place for business. Its strategic location, 0% tax policy, and cost-effective options attract both foreign and local investors, making it an ideal destination for business expansion or new ventures.
What is a Free Zone in UAE?
Free zones are designated economic areas within each emirate, offering special benefits for business setup. The main purpose of these zones is to attract foreign investors by offering competitive rates and favorable business conditions. With over 40 free zones across the UAE, investors can choose zones that suit their specific industry needs.
Types of Free Zones in UAE
- Financial Free Zones: Ideal for banks, finance, and consulting firms (e.g., DIFC)
- Media Free Zones: Suited for media, digital marketing, and creative industries (e.g., Dubai Media City)
- Industrial Free Zones: Perfect for logistics, manufacturing, and industrial activities (e.g., JAFZA
Benefits of Setting Up a Business in UAE Free Zones
Free zones in the UAE are popular among entrepreneurs for their tax-free benefits, ease of business setup, and flexible regulations. These zones are designed to boost foreign investment by providing privileges such as 100% business ownership and customs exemptions.
H3: Key Advantages of UAE Free Zones
- 0% corporate and income tax
- Full foreign ownership
- Simplified customs processes
- Multiple license types for varied industries
Top 8 Cheapest Free Zones in Dubai and the UAE
1. International Free Zone Authority (IFZA)
The IFZA is renowned for affordable packages and offers a powerful platform with a global network. It’s ideal for investors looking for flexible business packages.
- Low-cost licensing options
- Up to 3-year visas for owners and employees
- No annual audit required
- Consulting
- Service
- Trading
2. Dubai Silicon Oasis (DSO)
Known as the tech hub of Dubai, DSO provides top-tier IT infrastructure and amenities for tech and professional firms.
- Close proximity to Dubai International Airport
- Exemptions from corporate and income taxes
3. Jebel Ali Free Zone (JAFZA)
JAFZA is Dubai’s oldest free zone and a hub for logistics and industrial sectors, offering six license types for various business models.
- Zero tax and duty exemptions
- Located near Jebel Ali Seaport and Al Maktoum Airport
4. Dubai Media City (DMC)
For creative professionals, Dubai Media City offers an affordable license setup in a vibrant, media-focused community.
- 100% foreign ownership
- Quick 24-hour visa processing
5. Dubai Healthcare City (DHC)
Specializing in healthcare, DHC supports clinics, medical education, and wellness services, making it a global leader in healthcare.
- Full tax exemptions
- Comprehensive support from DHCA (Dubai Healthcare City Authority)
6. Sharjah Media City (SHAMS)
SHAMS is the cheapest free zone in the UAE, with media licenses starting at AED 5,900*, perfect for new entrepreneurs in creative industries.
- Diverse activities like digital marketing, media production, and graphic design
- No visa package, suitable for UAE residents or existing business owners
7. Ras Al Khaimah Free Zone (RAKEZ)
Known for offering one of the cheapest free zone licenses in UAE with packages starting at AED 8,000, RAKEZ is home to over 14,000 companies across 50+ sectors.
Key Benefits of RAKEZ:
- Close proximity to RAK airport and seaport.
- Customizable warehouse sizes.
- Extensive range of business licenses, including Commercial, Service, Industrial, Media, Educational, and Professional.
8. Ajman Media City (AMC)
Ajman Media City offers a straightforward setup process, attracting businesses with its affordable fees and quick registration. It specializes in media and entertainment activities but also allows select trading activities.
Business License Categories in AMC:
- Service and Consultancy
- Media-related Training
- E-commerce
Steps to Start a Business in the Cheapest Free Zones in the UAE
- Choose Your Free Zone – Match the zone’s benefits with your business goals.
- Select Your Corporate Structure – Decide between options like LLC, branch office, or sole establishment.
- Apply and Submit Documentation – Provide the necessary business documents.
- Secure Office Space – Options range from flexi-desk to full-scale office spaces.
- Open a Business Bank Account – Finalize banking for operations and financial transactions.
Why Partner with Bizinvestfirm for Business Setup in Dubai’s Free Zones
Bizinvestfirm helps entrepreneurs find cost-effective free zone packages suited to their needs. Our experts ensure a smooth process, guiding you through every requirement and regulation.
To start your business in Dubai’s affordable free zones, contact Bizinvestfirm:
