If looking for a business setup in UAE free zone, you can look into the surrounding emirates to choose the best free zone for your business. They have many free zones and are generally cheaper to do business in than Dubai. But be careful of the inflated discount rates you see advertised online and work with an experienced UAE company set-up agent to ensure you get the best deal possible. Here are a few free zones in the UAE to consider.
Umm Al Quwain Free Trade Zone:
The UAE has a large number of free zones. Each has its specifications and requirements. Umm Al Quwain Free Trade Zone offers several benefits to the companies that choose to set up their business there. Apart from a free trade zone, companies can also operate their businesses under the Micro Business facility, which is especially beneficial for start-up companies.
Fujairah Creative City:
The free zone is located in the north of the UAE, about 20 kilometers from the coast of Dubai. Its fee structure is low and flexible. It offers services for small and medium enterprises that cater to the needs of the region’s growing creative industry. The cost of company formation and licensing are also reasonable. Moreover, business owners can choose the package that suits their budget. It is unnecessary to have permanent residency in the UAE to establish a company in Fujairah Creative City. The process of obtaining a resident visa starts at four thousand dollars. A consultant can help you in the process. A FZ LLC is a kind of company registered in the free zone designed for small businesses. These companies can register with just two shareholders and use it to conduct business in the free zone.
Dubai SiliconSilicon Oasis:
If you are looking for a company formation in UAE, Dubai SiliconSilicon Oasis can be the best choice. The free zone, established in 2004, has a world-class infrastructure and road connections to major roads in Dubai. Dubai SiliconSilicon Oasis also offers flexible office rent rules, which allow companies to rent offices from any landlord. Companies registered with the Department of Economic Development of Dubai can also rent office space in Dubai SiliconSilicon Oasis. However, the activities must be within the same economic segment, and some can only be set up on the Mainland.