List Of The Cheapest Free Zone License In UAE 2022

Filed in Article, Business by on May 11, 2022 0 Comments

Cheapest Free Zone License In UAE 2022… Are you looking for the list of the Cheapest Free Zone License In UAE 2022? If yes, then this informative article is for you. You will be given detailed information about the List Of The Cheapest Free Zone License In UAE 2022.

A free zone is an area where predefined trading activity is carried out or an area of a special economic setup where businesses can thrive at low tax and customs rates.  Businesses that are established in the UAE require a free zone license and these licenses are allowed based on the job description of the company established.

Each free zone has a defined body of law that governs the business and its aim is to foster foreign businesses by rendering business owners with 100% business ownership right,  other benefits include; complete tax exemption, 100% expatriation benefits, and absence of any foreign exchange restrictions. However, the laws that govern the mainland companies do not apply to the Free zone companies.

When a company is approved for a free zone business, you are allotted any of the free zone licenses such as Trade license, Industry license, Service license, or National license by the free zone authority. The license in UAE is to the renewed annually as long as your lease agreement is still valid.

List Of The Cheapest Free Zone License In UAE

1. Ajman Media City (AMC)

AMC is one of the newest investment desks that were created in 2018 in the UAE and offers fast, cost-effective, and simple company formation procedures. AMC equally offers Flexi-desks and is the perfect place for the establishment of a small or mid-sized business.

Media, IT, and advertising investors prefer AMC for a wide range of reasons including;

  • Service and Consultancy
  • Media related training
  • E-commerce.
2. Sharjah Media City Free Zone (SHAMS)

SHAMs is home to large businesses and companies and is one of the fastest-growing media-free zones in the UAE promoting a viable and growing environment to nurture new enterprises, especially investors who wish to work remotely.

SHAMs was established in 2017 in the Emirate of Sharjah and like AMC appears to attract media professionals and innovative ventures and offers diverse business activities like media, wholesale and retail, and services.

Licenses issued by SHAMS include;

  • Trading
  • Professional
  • Holding and other types
  • Social media influencer
3. International Free Zone Authority

International Free Zone Authority is located in the Silicon Oasis Area in Dubai and is known to have good access to seaports situated in the Gulf of Oman and Fujairah international airport.

IFZA offers amazing investment opportunities to investors like Warehouses at low-cost amounts, residential apartments, hotels, offices, and retail outlets effortlessly caring for the needs of diverse sectors like trading, service, and industries. With a low business setup cost and the strategic location it offers customers, why wouldn’t anyone scramble for it?

The IFZA offers these types of licenses;

  • Consulting
  • Service
  • Trading
4. Raz Al Khaimah Free Zone (RAKEZ)

RAKEZ offers one of the cheapest free zone licenses in the UAE at the moment and is presently host to more than fourteen thousand companies under more than fifty niches. Clients would always go for RAK for  the mouth-watering benefits it provides like staff and  labor accommodations with a long list of business activities in the UAE including;

  • Commercial
  • Service
  • Industrial
  • Media
  • Educational
  • Professional.

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