Last updated on April 20, 2022
The common way to open a company in the UAE; is to go with a local sponsor who will get the maximum of 51% shares of the company; so that you can begin with the company setup in Dubai. On the other hand, free trade zone company formation means; that you will get 100% ownership of your own company and a local sponsor is not requires in this case.
Company setups in UAE free zones are easily accessible via road since they all are located inside the city or on the edge of the city. Most of the Dubai free trade zones are also accessible via metro stations.
Even if the value added tax (VAT) on some goods as well as services has found its way to the territory of the UAE; companies in UAE free zone are still seeing it an advantage for them; as there is no corporate as well as no income taxes. So this is why business owners who are looking for free zone company setup in UAE; will benefit from this kind of tax exemption.
There is a lot more, that an expat who plan to setup a free zone company in UAE can benefit from doing this. Following are the list of the cheapest free zone license in UAE.
Cheapest free zone license in UAE Shams free zone
- Company setup options starting from AED 11,500
- Only one working day require to issue the license.
- Wide range of business activities available on the same business license
- Shareholders are not need to be physically present in the UAE to setup a new company
- Also Shams free zone allows 100% foreign ownership.
- Companies will have limited liability
- Ability to appoint Corporate Directors and Corporate Managers for your company
- 100% repatriation of capital as well as profits
- 0% corporate and also 0% personal income tax
- Quick as well as simple online registration process
- Shams free zone does not require any security deposit.
- Allocation of up to 6 visas on a shared desk facility
- Located 5 minutes from Sharjah Airport and also 15 minutes from Dubai Airport
Cheapest free zone license in UAE Fujairah free zone
- Creative City Baby Business: Baby Business License is design for small businesses; so that to benefit from an easy company set-up.
Visa availability: 6 Fujairah free zone visas.
License cost :33,500 AED
- Creative City Freelancer Company : Freelancer company License enables you to operate as a freelance professional offering a service from a variety of business activities available at Creative City.
Visa availability: 3 fujairah free zone visas.
License cost :30,000 AED
- Creative City Commercial license – Single Owner (FZE):
License cost : 17,000 AED
Visa availability: No visa.
- Creative City Commercial License FZCO – Multiple Owners (FZ LLC) :
Visa availability: No visa.
License cost : 21,000 AED
Processing time: 6-7 Working days.
Cheapest free zone license in UAE, RAK free zone
- Incorporation time 2 to 3 working day
- 0 share capital requirement for cheapest free zone license in UAE (RAK free zone)
- This free zone also offers flexi disk and flexi office option.
- RAK free zone which has one of the cheapest free zone license in UAE; start commercial license from 17,500.
- Industrial license and warehouse facilities are available in this free zone.
- 100% foreign ownership is allowing in this free zone.
- RAK free zone allows 1 director as well as 1 share holder.
- Expat are allowed to import goods as well as raw material.
- RAK free zone offer cheapest free zone license in UAE; corporate directors are not allow to form a company. But it allow corporate shareholder.
Cheapest free zone license in UAE JAFZA
Business setup in UAE free zones is known as a normal venture by business owners that visit the UAE. Company setup in Dubai has been growing in JAFZA for more than two decades now. It is nonstop being a great help to the economy of UAE; as it invites more and more investors to have a company set up in free zone.
One of the benefits of JAFZA location is that it is in the heart of Dubai; and also offers a low cost free trade zone company formation as compare to others. JAFZA free zone which has one of the cheapest free zone license in UAE; it offer its client to start business under the budget of 29,500.
- Incorporation time is from 2 to 3 working day
- Zero share capital requirement for cheapest free zone license in UAE (JAFZA free zone)
- This free zone also offers flexi disk as well as flexi office option.
- No currency restrictions
- Also no restriction on capital repatriation
- 0% import or re-export duties
- This Cheapest free zone license in UAE offer you onsite customs
- No restriction on foreign talent or employees
- Ability to mortgage your premises to a bank or financing company
Cheapest free zone license in UAE Ajman free zone
|Three Activity or Service Activity
Included in a package: Rent for the smart office, also a License for the respective category, Maintenance, General Services; Sign Board, Sewage Charges, Establishment card for Immigration and Initial Telephone connection; (Usage and monthly billing will be undertaken directly between client and the telecom service provider)