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What is a free zone? • Free zones in the UAE are special economic zones with reduced tax and customs rates. A geographical area defines each emirate's free trade zone. Each free zone has its own business rules and jurisdiction for all business set ups in Dubai. • Free zones encourage foreign investment by giving 100% company ownership. Over 40 free zones in the UAE are divided by business activity, so it's crucial to understand your company's needs before choosing the cheapest free zone in 2022 for a business set up.
Why Choose a free zone for a Business Set up in Dubai? • Business owners must know what Freezones provide before choosing one. Expats want the lowest free zone license in UAE 2022 for several reasons. • Here are 5 perks of starting a company in a Freezone; 100% Foreign ownership; Corporate and personal tax exemptions; Easy setup; Import and export duties exemption; Support from the government . This Photo by Unknown author is licensed under CC BY-SA-NC.
The Cheapest free zones in the UAE • Ajman Media City (AMC) is a new UAE investment location with a straightforward business establishment procedure. Flexi-desks and tiny shared workspaces are available. This free zone is suited for small and medium-sized enterprises. AMC has one of the lowest trade licenses in the UAE, at AED 8500. • Sharjah Free Zone (SHAMS) is UAE's fastest-growing media free zone. Sharjah encourages young entrepreneurs. SHAMS is a perfect free zone for new and existing investors. This Photo by Unknown author is licensed under CC BY.
Raz Al Khaimah free zone (RAKEZ) offers affordable free zone permits in UAE 2022. This free zone has 14,000 enterprises in 50 areas. This free zone's closeness to RAK's airport and seaport makes it appealing to enterprises. • International Free zone Authority, Dubai (IFZA) is a competitive free zone in Dubai's Silicon Oasis. It provides low-cost company establishment options, making it one of the cheapest free zones to start a business in the UAE. • Dubai Airport Freezone (DAFZ) provides unrivaled connection to Europe, the Indian Subcontinent, and the Far East with direct access to the world's busiest international airport.