Which Free Zone Is the Best for Your Business?
The UAE market has been abuzz ever since DED added over 1,100 business activities that can be owned 100% by foreign investors. Not only can one now own their company completely, but also be exempted from taxes and duties. This has always been a huge factor in attracting high-profile FDIs and expat-businesspersons who have been integral in designing UAE’s present business landscape.
One of the reasons why the UAE makes up for the best investment destinations is because of the flexible yet definite business structures it offers. One of the most favoured business structures happens to be Free Zone. There are over 45 free zones scattered about the UAE.
Free zones are generally preferred over their mainland counterpart mainly because of cost-effective prices, and also because many of them are designed for specific activities.
Here’s a list of free zones that you can consider for your company formation:
Ajman Media City (AMC) & Sharjah Media City (SHAMS) have policies that are suited for media-related activities. SHAMS is one of the most sought-after free zones for its capability to accommodate a large number of SMEs and small businesses.
Dubai Technology Entrepreneur Centre (DTEC) and Dubai Internet City (DIC), as the name suggests, lie in Dubai. Both of these free zones are the perfect hotbed for tech entrepreneurs. Both DIC and DTEC have excellent infrastructure that support a wide range of business activities.
Dubai Multi Commodities Center (DMCC) is suited best for individuals who want to carry out trading activities for products ranging from food to household goods, to even precious stones. DMCC sits in the heart of Dubai and is home to some of the biggest trading companies in the UAE.
Dubai International Financial Center (DIFC) was designed keeping in mind businesses that revolved hugely around finance. DIFC is close to Sheikh Zayed Road and sees a lot of activity.
DuBiotech Dubai Biotechnology & Research Park and Dubai Science Park (DSP) are focused on providing spaces for establishments and institutes that contribute to the country’s development.
Jebel Ali Free Zone (JAFZA) is the largest and the oldest free zone in the entire UAE. More than 10,000 companies find refuge within this free zone. Since this Free Zone connects directly to the Jebel Ali port, it becomes one of most important free zones of the UAE.
Sharjah and other northern free zones are suited for industrial purposes. With the large areas allotted, these free zones present ample space for warehousing and land utilization.
Start Here
There couldn’t be a better time to establish your company in the prosperous Emirates than now! Start your business with our help today!
Cross Link International is one of the best business setup consultants in Dubai and will assist you in Trade Licenses, company formation, Business License renewal, PRO Services, Visa Services, free zone company formation, Golden Visa Procural, LLC company formation, Dubai Business Setup, 100% company mainland setup, and many more services that go into business setup. You can reach out to us through + 971 4321 6631 / + 971 55 744 6445 or fill-in this form to get a free consultation from us.
*Subject to company structure
