1 / 19

Which is the cheapest free zone in the UAE

Entrepreneurs and foreign investors are often keen to set up their business in the UAE. Be it a budding venture or a multinational business extension u2013 all prefer Dubai to carry out their business activities. And why not? You get everything from superior business infrastructure, exposure for startups, legal support from the UAE Government, hassle-free business licensing, and the list goes on. Words like u201cluxuryu201d and u201copulenceu201d best define Dubai. However, thereu2019s one word that many donu2019t associate with Dubai u2013 u201caffordableu201d. Business owners and new-age investors can find cost-effective business.

sakina2
Download Presentation

Which is the cheapest free zone in the UAE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Which is the cheapest free zone in the UAE?

  2. Entrepreneurs and foreign investors are often keen to set up their business in the UAE. Be it a budding venture or a multinational business extension – all prefer Dubai to carry out their business activities. And why not? You get everything from superior business infrastructure, exposure for startups, legal support from the UAE Government, hassle-free business licensing, and the list goes on. Words like “luxury” and “opulence” best define Dubai. However, there’s one word that many don’t associate with Dubai – “affordable”.

  3. Dubai International Financial Centre (DIFC) The DIFC is a premier financial business hub for various businesses like fintech, lifestyle, and more. It ranks among the top 10 onshore financial centers in the world. The highlight of this free zone is the inclusion of a common-law framework. The region has an independent regulator, the DFSA (Dubai Financial Services Authority), alongside a separate law judiciary – the DIFC Courts.

  4. When your business in DIFC, you get several benefits like: you establish Finance-oriented free zone (there are only two financial free zones in Emirates) 100% foreign ownership A robust legal framework to carry out cross-border activities More than 2,000 firms currently operate in DIFC. This has developed the region into a financial ecosystem where diverse institutions interact, plan, and grow together. No limitations on capital repatriation Zero tax on employee income English-speaking, common law judicial system

  5. Top 6 Cheapest Free Zones in the UAE Here’s a list of the cheapest trade license in UAE apart from DIFC that you should have an eye on: International Free Zone Authority (IFZA) Dubai Media City (DMC) Dubai Healthcare City (DHC) Dubai Silicon Oasis (DSO) Sharjah Media City (SHAMS Jebel Ali Free Zone (JAFZA)

  6. 1. International Free Zone Authority (IFZA) IFZA has grown increasingly popular becoming one of the leading company registration hubs in the UAE. Over the years, IFZA has grown into a powerful platform with an extensive global network of more around the world. than 800 partners

  7. Offers an array of packages for investors to choose from Benefits of Company Formation in IFZA No requirement for the investor to submit an annual audit repor Up to 3 years visa for owners and employees Permission to have a virtual office

  8. 2. Dubai Silicon Oasis (DSO) DSO is the mecca of cutting-edge technology and development in Dubai. It’s a free zone that provides employment amenities for the employees. You’ll find telecommunication etc., in Dubai Silicon Oasis. and residential several tech giants, companies,

  9. Exemption from various taxes (import/export, income, and corporate taxes) Benefits of Business Setup in Dubai Silicon Oasis Close to Dubai International Airport, Jebel Ali Port, and Port Rashid Tier 3 data center and advanced IT infrastructure

  10. 3. Jebel Ali Free Zone (JAFZA) It’s the oldest free zone in Emirates. Furthermore, JAFZA also ranks among the largest free zones in the world. Logistics, commodity trading, and shipping companies cannot ask for a better free zone than JAFZA to run their business in the UAE.

  11. Near the Jebel Ali Seaport and Al Maktoum International Airpor Benefits of Business Setup in Jebel Ali Free Zone Zero tax and dutie The most powerful business community in the MENA (the Middle East and North Africa) region

  12. 4. Dubai Media City (DMC) If you’re looking to launch a media business, then your destination is Dubai Media City. It’s a global media hub with the best-in-class infrastructure that facilitates enterprises to operate in and out of Dubai. DMC is one of the cheapest and the best free zones in the UAE that has quickly transformed into a global media hub. It’s home to businesses like event management, advertising, news media, and many more. Therefore, listed below are the benefits of business setup in Dubai Media City: 24-hour visa service 100% foreign ownership Exemption on custom duty (goods and services)

  13. 5. Dubai Healthcare City (DHC) DHC is the world’s first medical free zone in the world. Premier healthcare institutes, clinics, pharmaceutical education, medical equipment trading, etc., are the sectors that dominate this free zone. It is supervised by DHCA (Dubai Healthcare City Authority). Many luxurious 5-star hotels, villas, and residential flats are also present in the region. Thus, everyone involved in DHC aims to make it the global leader in healthcare.

  14. Benefits of business setup in Dubai Healthcare City: Complete exemption from taxes and custom duty 100% foreign ownership Administrative assistance from DHCA

  15. 6. Sharjah Media City (SHAMS) Sharjah Media City, also known as SHAMS, is offering business setup packages starting just AED 5,750 is currently the cheapest free zone license in UAE. The package includes a professional media license and one of the 13 listed activities. To add more activities one would have to pay AED 1,000 per activity.

  16. The media activities include: Market research Graphic design Fashion design Interior design Publishing Translation services Advertising Digital marketing Programming and consultancy Media production Photography Web portal Printing Since this company formation package does not include any visa, the media license is best suited for new entrepreneurs, UAE residents, and existing business owners.

  17. STEPS OF STARTING YOUR BUSINESS IN THE CHEAPEST FREE ZONE IN THE UAE Choose the ideal free zone for your business Application and submission of all required documents 1 4 Choose an office space Determine the type corporate structure 2 5 Select a trade name for your company Open a bank account 6 3

  18. Setup your Business in Free Zones with Shuraa Shuraa Business Setup helps you compare and find the cheapest free zone in Dubai. Therefore, they assist you choose from the numerous jurisdictions and laws that apply to specific free zones. Our specialists can guide you through this process to ensure you don’t commit a mistake. It’s imperative to execute your business idea in the perfect free zone setting in Dubai to enjoy maximum returns and exponential business growth.

  19. LET'S TALK Mailing Address Sheikh Zayed Road, Office 501, 5th floor, Aspin Commercial Tower, Dubai, UAE Phone Number +971 4 4081900, +971 50 7775554 Email Address info@shuraa.com Website www.shuraa.com

More Related