Top 5 Free Zones of UAE

Top 5 Free Zones of UAE

The Free zone, also known as free trade zone is an area where there is no import duty on goods. Free Zones have become so popular as it has very low taxes. The UAE government provides 100% corporation tax exemptions for free zones in UAE. It also provides 100% repatriation of capital funds. The UAE government has made Business Setup in Dubai quite easy by introducing these free zones.

The UAE has one of the best business environments in the whole world. Business in Dubai is scaling new heights day by day. Businesses are bound to make more profit here as they do not have to pay any income tax or corporate tax to the government. And the legal procedures are also very simple except criminal law.

Foreign investors have to do minimum paperwork. And the UAE government has also simplified the license and registration process. One can enjoy 100% business ownership under free zone set up. It also allows you to take the profits to your respective country.

This article discusses the top 5 free zone of UAE.

Ajman Free Zone

Ajman Free Zone Authority or AFZA is a free trade zone located in Ajman, one of the seven emirates in the UAE. It is situated at the entrance of the Persian Gulf. And the location helps it to serve both the eastern and western markets. It is also accessible from Dubai by E311 Highway. Duty-free storage warehouses are available where the trading companies can store their goods.

They can sell their goods in the UAE through any local trader. They are also eligible to open a bank account in Dubai.

Creative City Fujairah

Creative City was launched by Fujairah Media to provide creative media related services. It is one of the most dynamic free zones in the creative business. Event management, technology, media, art, e-commerce, education, marketing, design, entertainment are some fields that are available.

Freelance allows minimal cost business setup in Dubai.

The process of sponsoring family and employees for residence visa is also very simple.

RAK Free Zone

Ras Al Khaimah Free zone (RAK FTZ) IS LOCATED IN Ras Al Khaimah which is one of the 7 emirates that comprise the UAE. It is an hour’s drive from Dubai. RAK has a businessfriendly atmosphere with tax-free activity. There is a large market for material goods required in business.

One can also avail the facility of fast company incorporation.

Sharjah Shams Free Zone

Sharjah Media city is also known as Shams. It is a worldclass media hub for innovative services. One of the biggest advantages is that your physical presence in the UAE is not required to incorporate your company. Visa is also very flexible. And up to 6 visas can be allocated on a shared desk facility.

DMCC Free Zone

Dubai Multi Commodities Centre (DMCC FZ) was built to establish more Business in Dubai and to make it a hub for local commodities trade. It has good accessibility as it is located in the heart of Dubai. The tourist attraction is a very big advantage as Dubai is the shopping paradise of the world. There are abundant hospitals, cafÊ’s, restaurants, and other amenities.

If you are thinking about establishing your own business in the UAE, check out these free zones. With each passing day, free zones are gaining worldwide attention. And they are inviting you to go there and turn your dreams into reality.

Visit Website For more information – https://www.dubaibusinesssetup.ae/