Top 10 Cheapest Free Zones in UAE

Setting up a business in one of the UAE’s Free Zones can provide significant advantages, including tax benefits, 100% foreign ownership, and minimal bureaucracy. Here is a list of the top 10 cheapest Free Zones in the UAE, along with their investment requirements and notable benefits:

1. International Free Zone Authority (IFZA)
   • Investment Required: Starts at AED 13,900 for a Zero Visa Quota.
   • Benefits: Global network with over 800 partners, low-cost business licenses, and diverse business activities.
2. Ras Al Khaimah Economic Zone (RAKEZ)
   • Investment Required: Starts at AED 11,200.
   • Benefits: Flexible storage solutions, various warehouse sizes, and accessible labor accommodations.
3. Sharjah Media City Free Zone (SHAMS)
   • Investment Required: Between AED 10,000 and AED 12,000.
   • Benefits: Rapidly expanding media hub, dynamic environment for startups, and cost-effective services.
4. Ajman Media City (AMC)
   • Investment Required:
     • Business Club: AED 8,500
     • Bronze Package: AED 11,500
     • Silver Package: AED 14,500
     • Gold Package: AED 25,500
   • Benefits: Quick and straightforward company setup, coworking spaces, and Flexi-desks.
5. Jebel Ali Free Zone (JAFZA)
   • Investment Required: No minimum investment.
   • Benefits: One of the oldest and largest Free Zones, ideal for logistics, commodities trading, and shipping.
6. Dubai Media City (DMC)
   • Investment Required: Minimum share capital requirement of AED 50,000.
   • Benefits: World-class infrastructure for media companies, affordable licenses for creative businesses.
7. Umm Al Quwain Free Trade Zone (UAQ FTZ)
   • Investment Required: Starts at AED 13,500.
   • Benefits: Same amenities as larger Free Zones, simplified setup process, and cost-effective services.
8. Khalifa Industrial Zone Abu Dhabi (KIZAD)
   • Investment Required: Minimum AED 150,000 in paid-up capital.
   • Benefits: Ideal for manufacturing, distribution, and wholesale businesses, integrated port facilities.
9. Dubai Silicon Oasis Authority (DSOA)
   • Investment Required: Ranges from AED 20,000 to AED 30,000.
   • Benefits: Home to IT, web-based, manufacturing, and R&D establishments, fully furnished offices.
10. Dubai Healthcare City (DHC)
    • Investment Required: Starts from AED 15,000.
    • Benefits: Ideal for healthcare and medical tourism businesses, modern offices, and custom-fitted facilities.

Key Considerations for Choosing a Free Zone

When deciding on the cheapest Free Zone, consider the following factors:

• Business Activity: Ensure the Free Zone supports the type of business activity you intend to conduct.
• Location: Proximity to clients, suppliers, and logistics hubs can impact your business operations.
• Infrastructure: Availability of office space, warehousing, and other facilities.
• Visa and Licensing: Costs and ease of obtaining business licenses and visas for employees.
• Support Services: Access to business setup consultants, banking services, and other administrative support.

Conclusion

Choosing the right Free Zone in the UAE can significantly impact the success and cost-effectiveness of your business. The Free Zones listed above offer a combination of low costs, strategic benefits, and supportive business environments. Conduct thorough research and consider consulting with business setup experts to ensure you make the best decision for your business needs.