Top Five Lowest Cost Free Zones in the UAE

 

Having been involved in Company establishment for the past 10 years, Ryan Kuchel from www.incorporate.ae provides a detailed summary of the five lowest cost Free Zones in the United Arab Emirates (UAE) currently.

Dubai is one of the most preferred cities for most of the investors to set up new business due to its strategically location in the Middle East and huge tax benefits. We have been serving customers for years with complete company formation and business setup process and most of our clients are 100% satisfied and continue to avail our services.

Below are some of the most cost-effective and cheapest free zone in UAE that offers 100% ownership with affordable business setup solutions.

We are a team well experienced company set up professionals and PROs to serve our clients with Company Set up Services in the UAE since a span of 7 years with happy customers availing our services. UAE Free Zones offers entrepreneurs and SME’s originating from elsewhere around the globe, with most cost-effective business setup solutions.

1. International Free Zone Authority (Cheapest Dubai Licence)

International Free Zone Authority has just relocated from being a Fujairah based free zone, to now being a Dubai based Free Zone. Dubai, by in large, tends to be the location of choice by most business people looking to establish a company in the UAE, and IFZA is one of the most promising and advanced free zone in the UAE. The free zone offers a highly customized approach with cost-effective company setup solutions making IFZA as one of the affordable free zones in the UAE and the most cost effective for setting up in the emirate of Dubai.

What are the benefits of setting up a company in International Free Zone Authority-IFZA?

• Easy and fast company registration, without the requirement to be present in the UAE.
• Wide range of business activities includes Consultancy, Service and Trading options.
• Company owners are not required to be physically present in the UAE during the incorporation process.
• Limited liability companies.
• No foreign currency restrictions.
• 100% repatriation of company profits and capital.
• Enable to setup a holding company.

What are the different offers you can avail in International Free Zone Authority-IFZA  ?

• Holding Company License AED 9,200
• Consultancy License AED 11,200
• Trading License AED 13,200

2. Ras Al Khaimah Economic Zone/Cheapest Freezone in UAE

RAKEZ free zone is located in the emirate of Ras Al Khaimah. It is a major business and an industrial hub in the UAE that offers tailor-made solutions to free zone and non-free zone businesses. Starting from freelancers to SMEs and industrialists, its multinational community is growing in more than 50 different business industries also making RAKEZ as one of the cheapest free zones in the UAE.

We always place our clients at the top of everything that we do, providing them with cheapest company set-up packages, modern facilities, and top-class services to help them reach to the max. Due to its strategic location, investors are connected to the growing markets in the Middle East, Africa, Europe as well as South and Central Asia.

What are the advantages of setting-up a company in Ras Al Khaimah Economic Zone-RAKEZ?

• Customer Friendly Solutions: Offering different choices and customised packages with smart solutions.
• Diversification: A wide range of industries, sectors, and activities for entrepreneurs, start-ups, SMEs, production, traders, and logistics companies with easy access to world markets through different specialised zone locations.
• Experts with Confidence: With the required talent, knowledge, and experience to advise and service clients.
• Efficient Services: Offering best services and quick delivery in a transparent environment that is “easy to do business with” complete digital and one-stop window locations.
• Cost-Effective: Delivering affordable premium business solutions.

What the different kind of packages Ras Al Khaimah Economic Zone-RAKEZ can offer?

• Zero visa packages AED 11,240/-
• One visa packages AED 15,468/-
• Two visa packages AED 19,428/-
• General trading License from AED 17,000/- 

3. Ajman Media City Free Zone

Ajman Media City Free Zone is one of the low cost in the United Arab Emirates. It is located in the emirate of Ajman. It has been formed with an aim to create a professional environment for businesses and individuals. We can support you to start company with Ajman Media city free zone with the minimum cost as it is one of the cheapest free zones in the UAE.

What are the advantages of company set-up in Ajman Media City Free Zone?

• Get 100% Ownership
• Low-cost License in the UAE
• Free Consultation.
• No office space requirement.

What are the  business license costs in Ajman Media City Free Zone?

• SMI Package for AED 2,500/-
• Business club packages AED 8,500/-
• Bronze package AED 11,500/-
• Silver Package AED 14,500/-
• Silver Plus package AED 17,500/-
• Gold Package AED 25,500/- 

4. Umm Al Quwain Free Trade Zone/Cheapest Freezone in UAE

The Umm Al Quwain Free Trade Zone is a good choice for new business setup in UAE free zones, SMEs and business groups for setting up the offices. Its close proximity to Dubai, access to the international ports, and world class infrastructure are making it an investor’s friendly choice.

UAQ FTZ – Umm Al Quwain Free Trade Zone has been working as an indepenent Free zone in the UAE since its beginning in 2014. Due to its cost-effective business setup and low running costs, Umm al Quwain Free zone is expected to have a rapid growth in the coming years.

Types of Licenses offered by the Umm Al Quwain Free Trade Zone-UAQ FTZ

• Commercial
• Consultancy
• Industrial
• Services
• Freelance permits
• General Trading

Commercial License (2 Visa Package) – 20,500 AED Annually.

5. Khalifa Industrial Zone Abu Dhabi/Cheapest Freezone in UAE

KIZAD in Abu Dhabi is one of the fast growing free zones in the UAE. KIZAD provides a wide range of business activities along with modern infrastructure facilities for all types of business setup. There is easy access to various mode of transportation like well- connected road network, air & sea is the unique advantages of KIZAD.

It is suitable for various business activities and they are giving their own modern infrastructure facilities whether it is small or large-scale business.

The unique benefits of KIZAD are extensive in size, world-class infrastructure, free zone, and non-free zone business setup solutions, friendly investor support, tax-free culture with competitive operating costs and ideal location with easy access to regional and international markets. These factors making KIZAD one of the world’s foremost port-integrated industrial zones and a leading spot for the manufacturing, logistics, and trading across all the sectors. Along with all above facilities KIZAD is also one of the cost-effective free zones in the UAE.

What are the Benefits of forming a company in KIZAD?

• Simple access to various Mode of Transportations
• Millions of Air Freight Capacity
• Shipment Capacity
• Tailor-made Packages for all kind of Businesses

What are the different kinds of Packages you can avail while forming a company in KIZAD?

• License cost for 1 visa package AED 10,900/-
• The cost of license for 2 visa package AED 12,900/-
• License cost for 3 visa package AED 14,900/-
• License cost for 4 visa package AED 16,900/-

Ryan Kuchel summarizes: ‘The lowest cost company formation solutions are not necessarily the best suited for many clients. Features matching client requirements for purpose and flexibility should be assessed on a case by case basis. We have an expert team of consultants that will assist in determining most suitable options for your company formation based on features and price’.

For more information you may please contact Ryan Kuchel – ryan@incorporate.ae or Whats app chat +971 55 415 3221.