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Which free zones are best for business setup in UAE? 

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In UAE, there are more than 49 economic trade zones. It is very important to understand UAE free zones when starting your own company here. The free zones are the best choice because they offer 100% foreign ownership. Each zone is regulated by its relevant free zone authority. You can also get other benefits like tax exemptions, easy licensing procedures, no currency restrictions, and many more. 

In this article, we will discuss more about the best free zones in UAE. You will get to know more about the advantages of free zones chosen by foreign entrepreneurs to start their businesses in the UAE.  

  • Ajman Free Zone 
  • Sharjah Media City  
  • Ras Al Khaimah Economic Zone
  • Dubai Multi Commodities Centre (DMCC)
  • Meydan Free Zone 
  • International Free Zone Authority
  • Dubai World Trade Centre
  • JAFZA  
  • Dubai International Financial Centre

Ajman Free Zone 

Ajman Free Zone is one of the best economical zones in the UAE. It is located in the Ajman, Emirate of UAE. It has more than 9,000 international companies. Ajman Free Zone is best for entrepreneurs looking for startups.  

Benefits 

  • 100% foreign ownership 
  • 100% exemption on personal income tax, 0 to 9% corporate tax, and 0% import and export duties, making it a tax-efficient business location. 
  • Businesses can repatriate 100% of their profits and capital. 
  • Cost-effective business setup packages, make it an attractive option for startups. 
  • Office rental fees are lower compared to other free zones. 
  • Variety of business activities including trading, industrial, service, and e-commerce activities.  
  • Companies can be registered within a short period, often within a few days. 
  • Office spaces, warehouses, and land for development facilities.  

SHAMS Free Zone 

Sharjah Media City launched at the start of 2017. It is home to creative and media companies in the UAE. SHAMS offers multiple business activities to operate all under one business license.   

SHAMS is 5 minutes away from Sharjah International Airport, and 15 minutes away from Dubai International Airport. 

Benefits 

  • Low-cost business setup  
  • One of the UAE’s fastest-growing free zones 
  • Affordable office spaces for rent 
  • Flexi desk options available 
  • Wide range of business license packages 
  • Ease of doing business and sponsoring employees 
  • Tax exemptions, lower corporate tax rates 0% personal income tax, and 0% customs duties. 

Ras Al Khaimah Economic Zone

Located right in the center of Ras Al Khaimah, RAKEZ is a competent zone in UAE. It is a top business and industrial hotspot in the UAE.  

RAKEZ has 6 designated free zones in Ras Al Khaimah. RAKEZ offers many business activities to cater to All. It includes a freelancer, a small company setup, or any holding company. 

Benefits 

  • One of the cheapest free zones in the UAE 
  • Online portal services 
  • 100% foreign ownership 
  • Ease of doing business 
  • One-stop shop for all business solutions  
  • Warehouse and storage facilities  
  • State-of-the-art infrastructure 

Dubai Water Canal

Dubai Multi Commodities Centre (DMCC)

DMCC stands as a leading global business destination in Dubai. It serves more than 24,000 companies. It includes both startups and multinational business setups in the UAE.  

DMCC is renowned as the top economic zone worldwide. Because it offers a smart and sustainable environment.  

Benefits 

  • 100% foreign ownership 
  • Low corporate tax rates 
  • 100% capital repatriation on profits and gains 
  • No currency restrictions 
  • Ease of doing business  
  • World-class infrastructure 
  • DMCC offers events, seminars, and webinars 
  • Affordable rates for leasing office space 
  • Ideal for the operations of a commodities trading enterprise. 

Meydan Free Zone 

Meydan Free Zone is located in Dubai. It is a 24/7 digital free zone and is a first choice for foreign entrepreneurs to start their business in Dubai.  

Benefits 

  • 100% foreign ownership 
  •  facilities 
  • 100% repatriation of profits 
  • Easy business setup 
  • Tax exemptions 
  • Strategic location 
  • Cost-effective business setup packages 
  • A wide range of activities 

IFZA Free Zone  

International Free Zone Authority is an ideal free zone in Dubai and the UAE market. It offers top-notch infrastructure, cutting-edge facilities, and investor-friendly regulations. In IFZA, companies can register without the need for a physical office space. 

Benefits 

  • 100% foreign ownership 
  • Streamlined business process 
  • Low corporate income tax 
  • Cost-efficient and business-friendly  
  • No annual audit reports required  
  • Up to 3 years of residency visas 
  • Strategic location 
  • One of the cost-effective free zones 

DWTC Free Zone 

DWTC, or Dubai World Trade Centre Free Zone is located in Dubai. It is the future for regulation of crypto and other virtual assets in Dubai. DWTC is a global business center for trading and information technology.  

Benefits 

  • 100% foreign ownership and control  
  •  Low corporate taxes 
  • There are also no import or export duties levied on goods traded within the zone. 
  • Company registered within the free zone gets flexibility and dual business licensing opportunities 
  • Award-winning developments 

Jebel Ali Free Zone

Jebel Ali Free Zone (Jafza) is another zone in the UAE. It launched in 1985 and is situated in a strategic location. It is one of the best options for individuals looking for businesses without any physical presence in the UAE. 

JAFZA is near Jebel Ali Port, Al Maktoum International Airport, and Expo 2020 Dubai. 

Benefits 

  • 100% full ownership for business owners 
  • Straightforward process for business setup 
  • Residency visas without any physical office requirement 
  • No currency restrictions 
  • Networking opportunities to start a business in this free zone are more when compared to others 
  • A wide range of business facilities such as offices, shops, and warehouses 

Dubai International Financial Centre

DIFC or Dubai International Financial Centre is a world-class economic zone in the UAE. It is also known as a financial hub in the Middle East. It is regulated by its own judicial system. 

Benefits 

  • DIFC is a strategic location to offer financial services in Dubai.    
  • 100% foreign ownership 
  • Low corporate tax rates 
  • Legal system based on English common law 

Connect to Start Your Business! 

In UAE, there are 49 free trade zones, and it is a difficult task to choose the best one. If you are still confused about on deciding a free zone for your business, you need to contact a business consultancy in Dubai.   

Starting your own business with Emirates Business Setup is simple. We handle your setup process and guide you to choose the best area in UAE. One of our business consultants in Dubai will assist you in registering your business in a free zone. We will help you obtain a trade license in the UAE. 

To know more about business setup in Dubai free zones or in any of UAE free zones, please contact us at +971585812301. OR send us an email at [email protected] or visit our website.   

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