OTHER FREE ZONES:
The United Arab Emirates has created wonderful opportunities for foreign investors with the introduction of Free zones in every emirate. Starting a business in the Freezones has never been so easy, as they offer an easy solution for expatriates to set up their business as it takes less time for the registration the documentation to be approved.
If you are planning to start a business in any of the free zones, you can always reach out to us and we can help you achieve the business of your dreams.
With 100% foreign ownership, excellent connectivity, sophisticated infrastructure and amenities, easy registration, tax and currency exemptions, and much more, Free Zones in the UAE are the most favorable location for many investors to set up their businesses.
List of various Free Zones in UAE-
There are around forty-five Free Zones operating in UAE that you can choose from-
AJMAN FREEZONE:
This is one of the oldest free zones within the UAE and is attracting many business investors and budding entrepreneurs because of the competitive fees and multiple installment payment options. Ajman Freezone offers various facilities like warehouses, office spaces, and Flexi desks that are located within the Freezone headquarters. Several business activities can be undertaken that fall under the service, trading, and industrial category. In 2019, a freelance permit was introduced which grants investors a three-year visa at a reasonable cost. This is the only free zone to offer multiple installments plans where a company can pay starting at two, three, or six installments. The entire company formation can be done within a day. The two free zones are-
- Ajman Free Zone
- Ajman Media City Free Zone
RAS AL KHAIMAH FREEZONE-
The RAK Free Zone Business Setup has numerous customer-friendly policies for the business environment, along with incredible benefits. The process to obtain a license is easy and also the cost of living is low. This place is an
exciting place to settle down because of its strong economy and very stable political environment. There are no strict rules and regulations while comparing it to other jurisdictions and the government offers business confidentiality to investors. You can also find a wide range of warehousing, office facilities and setting up a free zone in RAK is the ideal geographical location for local and international markets.
The main free zones are-
- Ras Al Khaimah Economic Zone (RAKEZ)
- Ras Al Khaimah Free Trade Zone
- Ras Al Khaimah Media Free Zone
- Ras Al Khaimah Investment Authority
- RAK Maritime city free zone authority (RMCFZA)
ABU DHABI FREE ZONE:
Abu Dhabi is the capital of the United Arab Emirates with several free zones in the emirate offering a favorable business environment and a gateway for investors to fulfill their true potential. Free trade zones in Abu Dhabi offer several incentives for investors who wish to set up their businesses. The cost will vary with different free zones. Abu Dhabi Free Zone Authority is the authorized government body that tries to promote and facilitate foreign investment by issuing free zone licensing in Abu Dhabi and also handles all the registration of non-resident companies. The procedure to set up your business in the free zone is simple and less time-consuming. The main Freezone are-
- Abu Dhabi Airport Free Zone (ADAFZ)
- Abu Dhabi Global Markets (ADGM)
- ADPC – Khalifa Port and Industrial Zone (KPIZ)
- Industrial City of Abu Dhabi
- Higher Corporation for Specialized Economic Zones
- Masdar City Free Zone
- Two Four 54
FUJAIRAH FREE ZONE-
Fujairah Free Zones are managed by the Fujairah Free Zone Authority (FFZA). There are some major benefits of starting a business in this free zone such as beneficial policies, easy access to the international markets, cost-effective and abundant investment options so there is plenty of scopes to grow further. You can download an application form from the FFZ official website and you need to fill out important details like contact information, company name, license number, and other requirements. It does not take very long to complete all the procedures and obtain a free zone license in Fujairah. The major free zones are-
- Fujairah Free Zone
- Fujairah Creative City
- International Free Zone Authority (IFZA)
UMM AL QUWAIN FREE ZONE-
The Umm Al Quwain Free Trade Zone was established in 1987 and became known to the public only in 2014. This was because it had undergone a few changes. It is the smallest Emirate in the UAE but offers incredible facilities and amenities with cost-effective packages. They offer warehouses, spacious offices, Flexi-desk facilities, to suit any kind of business. You can obtain a license in any category including professional, commercial, industrial, general trading, and more. What is even more outstanding is the fact that you can acquire a dual Umm Al Quwain Free Zone license. So, if you want a quick license at an affordable cost, you can set up your business here. The major Freezone is Umm Al Quwain Free Trade Zone (UAQFTZ).