Cost-Effective Freezones to Setup Business in UAE

by Zaara 13, May 2022

Cost-Effective Freezones to Setup Business in UAE

Freezones in the UAE are a boon to budding entrepreneurs and established businesses who want to expand their business in UAE. There are more than 40 free zones spread out in 7 Emirates of UAE. These free zones cater to various dedicated business activities and have a unique set of laws and regulations governing business operations.

If you are a start-up looking to set up a UAE freezone, then chances are you are looking out for an affordable one. Even though UAE and affordable cannot go into one sentence, we are here to make things a little easier for you.

Our list of free zones is affordable and provides the best set of packages that will help you incorporate your company in the country.

Top 6 Affordable Freezones in UAE

Check out the top five cost-effective freezone our advisors suggest if you are looking to set up a UAE free zone.

  1. International Free Zone Authority (IFZA)

International Freezone Authority is located in Fujairah. It is one of the leading investment hubs in the Emirate and offers facilities such as offices, warehouses, residential apartments, hotels, and retail outlets. IFZA also provides many advantages like low tariff rates, minimized overhead costs and shorter start-up time. It has a warehouse facility that is built on the highest international logistics standards.

  1. Jebel Ali Free Zone (JAFZA)

One of the oldest free zones in Dubai, JAFZA also ranks as one of the largest free zones in the world. Logistics, commodity trading, and shipping companies cannot ask for a better free zone than JAFZA to run their business in the UAE. The free zone offers six types of business licenses for you to carry out the company of your dreams. You can establish manufacturing, trading, development, and service-related business in JAFZA.

  1. Sharjah Media City

SHAMS was launched in the year 2017 to become a centre for creativity and new media in UAE. SHAMS is a lively community with an affordable setup, enabled by hundreds of innovative start-ups, MSEs, and enterprises from diverse sectors. The free zone specializes in offering multiple media, production, advertising, and design licenses for just a small fee. Aside from this, it also provides hundreds of activities on service, consultancy, and trading.

  1. Ras Al Khaimah Economic Zone (RAKEZ)

RAKEZ free zone in Ras Al Khaimah is dedicated to helping free zone and non-free zone investors by providing economical solutions and world-class services and amenities to help their business thrive and grow across the Middle East, Europe, and North Africa Asian markets. From freelancers and start-ups to SMEs and industrialists, the international community is flourishing in over 50 different industries, making RAKEZ one of the cheapest free zones in the UAE.

  1. Khalifa Industrial Zone Abu Dhabi (KIZAD)

Khalifa Industrial Zone Abu Dhabi is a well emerging free zone in the UAE located in Abu Dhabi. KIZAD provides a wide range of business solutions and plenty of infrastructure facilities for all kinds of business strategies. The easy access to a different modes of transportation like road, air & sea is the unique benefit of KIZAD. KIZAD offers multiple solutions for all types of businesses. It is suitable for different business activities, and they are providing their advanced infrastructure facilities whether it is a small scale or large-scale industry.

  1. Umm Al Quwain Free Trade Zone (UAQ FTZ)

Umm Al Quwain Free Trade Zone or UAQ FTZ is the perfect home for ambitious SMEs and micro-business. UAQ FTZ nurtures growth and innovation with its innovative packages, business setups, and nominal restrictions. Its strategic location makes business easier within the MENA region, Subcontinent, Far East, and European markets and the free zone’s proximity to UAE’s international airports and seaports.

Now that we have briefly explained the cheapest free zones in UAE, the next step is up to you – choosing the freezone. Once you decide, leave everything to our consultants at Commitbiz.

We have years of experience in business consulting in the UAE and can set up your company in your choice of free zone easily. Right from business incorporation to office space, we cover everything.

Get in touch with us today for more information.

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