GBO is an official Dubai company formation agent, we specialize in assisting our clients with all aspects of Dubai business operations. This includes company formation, opening bank accounts and much more. Our team is committed to providing exceptional service and support to ensure our clients have everything they need to run successful businesses

 

Top 4 Cheapest free zones in the UAE

The UAE is becoming an ideal place to establish a new business thanks to several advantages that free zones offer, such as zero company tax and customs rates. Of all of the emirates, Dubai has become the most popular, due to the special advantages it can provide compared to other emirates.
When you are looking to set up a new company in one of the Dubai free zones, you will be able to make your choice from the more than 40 free zones that are available for foreign investors.

 

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    Online company registration in Dubai

    As an authorized IFZA agency, GBO provides the best and most affordable online company registration services in Dubai. They can help with the process’ navigation and offer advice on the necessary steps and associated costs.

    1. Online company registration in Dubai works by submitting an application on the e-services portal of the Dubai Department of Economic Development.
    2. The procedure entails picking a company name, deciding on a line of business, and acquiring the essential permits and licenses.
    3. Costs vary from AED 15,000 to AED 50,000 depending on the license and the type of business. Fees for establishing the business, obtaining licenses, and other taxes are included in this price.
    4. The system demands the entry of personal data, business information, and payment of fees. The web portal is used to process this data, which may need to be verified by government officials.
    5. Typically, it takes 7 to 10 business days. Depending on the intricacy of the business and the processing time by the appropriate authorities, the length of time it takes to complete the registration procedure can change.

     

    Copies of passports, residency visas and evidence of business addresses are required documentation. Depending on the kind of business and the type of operation, additional documentation could be needed.

     

    Cheapest free zone in Dubai

    There are several free zones in Dubai that offer low-cost options for setting up a business. Here are a few of the cheapest free zones in Dubai:

    1. Dubai Silicon Oasis: Dubai Silicon Oasis is a technology-focused free zone that offers a range of low-cost packages for setting up a business. Prices start at around AED 10,000 (approximately USD 2,723) for a one-year license.
    2. Dubai South: Dubai South is a free zone that offers a range of low-cost packages for setting up a business, including a package starting at AED 10,000 (approximately USD 2,723) for a one-year license.
    3. Dubai World Central: Dubai World Central is a free zone located in the Dubai South area that offers a range of low-cost packages for setting up a business, including a package starting at AED 10,000 (approximately USD 2,723) for a one-year license.
    4. Dubai Creative Clusters Authority: The Dubai Creative Clusters Authority is a free zone that offers a range of low-cost packages for setting up a business, including a package starting at AED 10,000 (approximately USD 2,723) for a one-year license.

     

    It is important to note that these prices are for the cost of the license only and do not include other expenses such as office rental, employee visas, and insurance. It is a good idea to compare the costs of different free zones and consider factors such as location, infrastructure, and the types of businesses allowed in each zone before making a decision.

     

    Cheapest free zone in Dubai

    Finding the right free zone in Dubai is a matter that needs expert advice, because each free trade zone is established in its own geographical area inside an emirate. This means that every free zone has its own set of laws and procedures directing how businesses can run.
    In the Dubai emirate inside the UAE, some free zones can provide additional benefits, like 100% company ownership for the foreign shareholders, whereas in others, it is necessary to share ownership with a UAE sponsor, who holds a minimum of 51% of the shares.

     

    We at GBO can offer you comprehensive and easy-to-access services, all under one roof. With us acting on your behalf as your online company formation consultants in Dubai. For license clearance and the other steps necessary for Dubai company formation, our expert business setup consultants in Dubai know everything you need to deal with when opening a new business in Dubai Free Zones.

     

    If you’re trying to find the cheapest free zone for your company in Dubai, you’re going to need first to know what free zones can do for you before choosing one. One important element is the support from the government. In Dubai, companies are assisted by the free zone authority in obtaining their cheap free zone licences and to start a business in Dubai, establishing the company in the right free zone will depend on the type of business activity you choose.
    There is no personal or shareholder dividend tax in Dubai free zones, along with exemption from port charges and export duty.
    With the UAE offering over 40 free zones, there are plenty of opportunities for foreign investors to obtain the cheapest free zone license.

     

    Cheapest free zones in Dubai

    In the table below, we are listing the Top 4 Cheapest free zones in the UAE. For more information about how these can suit your own business needs, you should talk to our expert team here at GBO.

     

    There are several cheap free zones in the United Arab Emirates (UAE) that offer low-cost options for setting up a business.

     

    Here are a few of the cheapest free zones in the UAE:

    • IFZA: IFZA was established in 2015, as a free zone located in the emirate of Fujairah, which is situated on the east coast of the UAE. The free zone is known for its strategic location, which allows easy access to the markets of the Middle East, Europe, and Asia.
    • Ajman Free Zone: Ajman Free Zone is one of the cheapest free zones in the UAE, with prices starting at AED 7,500 (approximately USD 2,042) for a one-year license.
    • Fujairah Creative City: Fujairah Creative City is a free zone located in the emirate of Fujairah that offers low-cost packages for setting up a business, including a package starting at AED 8,000 (approximately USD 2,178) for a one-year license.
    • Ras Al Khaimah Economic Zone: Ras Al Khaimah Economic Zone is a free zone located in the emirate of Ras Al Khaimah that offers low-cost packages for setting up a business, including a package starting at AED 8,000 (approximately USD 2,178) for a one-year license.
    • Sharjah Media City: Sharjah Media City is a free zone located in the emirate of Sharjah that offers low-cost packages for setting up a business, including a package starting at AED 10,000 (approximately USD 2,723) for a one-year license.

     

    It is important to note that these prices are for the cost of the license only and do not include other expenses such as office rental, employee visas, and insurance. It is a good idea to compare the costs of different free zones and consider factors such as location, infrastructure, and the types of businesses allowed in each zone before making a decision.

     

    Contact us to start the process

    Cheapest free zone in Dubai

    Freezone name Description
    Dubai International Financial Center DIFC is a free zone for businesses involved in the financial sector, such as fintech, digital banking, etc. It is the cheapest free zone in Dubai for companies involved in finance.
    International Free Zone Authority IFZA has become a popular general-purpose free zone for  company registration in Dubai. Overall, it is one of the cheapest licences in the UAE as a whole, not just in Dubai.
    Dubai Silicon Oasis DSO is the home of technology and telecommunication companies, in Dubai. It comes with one of the cheapest trade licences in the UAE.
    Jebel Ali Free Zone JAFZA is one of the largest free zones in the world. It is a general-purpose zone, and businesses engaged in  commodity trading, shipping and logistics will find the right  business licence to carry out business.
    Dubai Healthcare City   DHC is the first medical free zone in the world and is supervised by the Dubai Healthcare City Authority. Companies providing all healthcare-related services, like institutes, clinics, education in pharmaceuticals, trading in medical equipment etc. It offers the cheapest trade licence in Dubai for companies looking to open an operation in the healthcare sector.

    As well as their position in the overall potential in the UAE, some of the free zones in the table are also the cheapest free zones in Dubai. The choice of which one represents the cheapest free zone licence in Dubai shouldn’t be made on the price alone, because some of the free zones are geared to one or more specific types of business, so choosing purely on the basis of price can lead you to make the wrong choice.

     

     

     

     

     

     

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