Best and Cheapest Free Zones for Business Formation in Dubai
Best and Cheapest Free Zones for Business Formation in Dubai
Dubai is an all-time favorite location for foreign investors and entrepreneurs. Dubai is
preferred for business activities, whether expanding an MNC or starting up a new
venture. Startups have continuous exposure, excellent business infrastructure, easy
licensing process, UAE Government’s support, and more benefits. Dubai is best defined
with the terms like “magnificence” and “Luxury”.
The UAE has over 30 cheap free zones for different businesses and industries. You can
freely choose the zone that can meet your business needs. Different zones are
governed by your different jurisdictions and laws for business formation in Dubai -
Dubai Silicon Oasis
It is the melting pot of state-of-the-art technical advances. This free zone offers a lot of
residential amenities and job opportunities to the people who work here. A lot of telecom
giants and IT companies lead here. However, it also has many business consultancies,
law firms, and other businesses. You can get exemption from income tax, corporate tax,
and import/export duties. It also has location advantage as it is closely located to Jebel
Ali Port, Port Rashid, and Dubai International Airport.
Dubai Media City
If you are into the media industry, Dubai Media City is an international hub with world-
class infrastructure to help you to operate in and outside the city. This free zone has
become an international media hub over the past few years. A lot of businesses like
news media, advertising, event management, etc. operate here. You can enjoy
exemption from custom duty in both services and goods.
Jebel Ali Free Zone
JAFZA or Jebel Ali Free Zone is UAE’s oldest free zone and one of the largest free
zones globally. There is no better zone in Dubai than Jebel Ali for commodity, logistics,
and shipping operations. There are six business licenses’ categories available. You can
set up trading, service, manufacturing, and development businesses here.
Comments
Post a Comment