Which Is The Cheapest Free zone License in UAE?
When it comes to free zones in the United Arab Emirates (UAE) there are more than 30 free zone where one can have their operations setup.
All the 7 cities in the UAE have their own free zones with Dubai being the pioneers in this and the most sought after for entrepreneurs to setup their businesses. Dubai free zones offer the best in terms of facilities, regulations, scalability of businesses and of course recognition.
Operating in Dubai does come at an added cost and in the end it all comes down to the budget and operations of the business in choosing the right free zone.
Also we have to keep in mind that free zone licenses are non-transferrable, meaning if I had setup my company in Abu Dhabi and then I want to move it from there to Dubai, we would have to cancel the previous license and start over again as each free zone have their own requirements and regulations.
The cheapest free zones to setup are the ones based outside of Dubai in other cities like Sharjah, Ajman, Umm al Quwain (UAQ), Ras Al Khaimah (RAK) and Fujairah. These offer different packages and also the maximum of visas that can be applied under these companies.
Some free zones like UAQFZ do not offer physical offices hence it is good for a small startup operation where you can keep your overheads low and also the yearly maintenance of the license is cheaper compared to Dubai free zones and plus a company can be incorporated here in 2 days.
Other free zone like Ajman Media City free zone (AMCFZ) also offer some of the cheapest packages if you decide to for options without a residence visas or upto 5 visas. There is no requirement for any share capital to be deposited for incorporation in these which is another attracting factor.
If budget is the main concern and you are looking for the cheapest option, it will be a non-Dubai free zone.
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PMC Solutions DMCC is a Corporate Business set up company specialized in designing & providing customized solutions and consultancy services for Business Setup, and Family Residency for foreign and local investors, willing to setup and grow their businesses in Dubai or entire UAE.
PMC Solutions has been established to provide complete company formation & registration, business setup, administration and management services in all major jurisdictions around the world, notably in Dubai, UAE where it is revolutionizing the concept of Offshore and Free zone Incorporations.