Setting Up a Business in UAE
As one of the fastest-growing economies in the world, the United Arab Emirates (UAE) has become a popular destination for entrepreneurs and businesses looking to expand their operations in the Middle East. The country’s strategic location, favorable business environment, and tax-free policies make it an attractive hub for international trade and investment.
One of the main factors contributing to the success of businesses in the UAE is its diverse range of Free Zones. Free Zones are designated areas within the country that offer special incentives and benefits to businesses, such as 100% foreign ownership, tax exemptions, and simplified company registration processes. In this article, we will explore the list of Free Zones in the UAE and how they can benefit entrepreneurs looking to set up their business in the country.
1) Meydan Free Zone
Located in Dubai, Meydan Free Zone is a popular choice for businesses in the sports, leisure, and events industry. It offers a unique combination of business and lifestyle facilities, including state-of-the-art infrastructure, world-class amenities, and a vibrant community. Companies in the Meydan Free Zone also benefit from a 100% tax-free environment and 100% foreign ownership.
2) Sharjah Publishing City Free Zone (SPC Free Zone)
Sharjah Publishing City, also known as Shams, is the world’s first free zone dedicated to the publishing and media industry. Located in Sharjah, it provides a variety of business services, including licensing, visa services, and business support. Companies in Shams also enjoy 100% foreign ownership and are exempt from personal and corporate taxes.
3) Sharjah Media City Free Zone (Shams)
Sharjah Media City (Shams) is another popular choice for media-related businesses in the UAE. Located in Sharjah, it offers a range of services, including company registration, licensing, and visa assistance. Shams also provides a dynamic business environment, with networking events, workshops, and seminars to help businesses grow and succeed.
4) Fujairah Creative City Free Zone
Fujairah Creative City is a free zone located in the emirate of Fujairah, offering a range of services for businesses in the creative and media industries. It provides a simple and cost-effective company setup process, a 100% tax-free environment, and 100% foreign ownership. Companies in Fujairah Creative City also benefit from easy access to international markets and a supportive business community.
5) Dubai International Financial Centre (DIFC)
Dubai International Financial Centre (DIFC) is a leading financial hub in the Middle East, attracting businesses from various industries, including banking, finance, and professional services. It offers a wide range of business services, including company registration, licensing, and visa assistance. Companies in the DIFC benefit from a tax-free environment, 100% foreign ownership, and a world-class infrastructure.
6) Dubai Multi Commodities Centre (DMCC)
Dubai Multi Commodities Centre (DMCC) is the world’s largest Free Zone, providing a supportive platform for businesses in the commodities industry. It offers a range of services, including company registration, licensing, and visa assistance. Companies in DMCC also benefit from a tax-free environment, 100% foreign ownership, and access to international markets.
7) Masdar City Free Zone
Masdar City, located in Abu Dhabi, is a sustainable free zone promoting clean energy and technology. It offers a range of business services, including company registration, licensing, and visa assistance. Companies in Masdar City also benefit from a tax-free environment, 100% foreign ownership, and access to a network of like-minded businesses and investors.
8) Abu Dhabi Global Market (ADGM)
Abu Dhabi Global Market (ADGM) is a financial free zone located in the capital city of Abu Dhabi. It provides a range of business services, including company registration, licensing, and visa assistance. Companies in ADGM also benefit from a tax-free environment, 100% foreign ownership, and access to international markets.
9) Jebel Ali Free Zone (JAFZA)
Jebel Ali Free Zone (JAFZA) is the world’s largest free zone located in Dubai. It offers a variety of business services, including company registration, licensing, and visa assistance. Companies in JAFZA also benefit from a 100% tax-free environment, 100% foreign ownership, and access to a network of over 7,000 companies from 140 countries.
10) Ras Al Khaimah Economic Zone (RAKEZ)
Ras Al Khaimah Economic Zone (RAKEZ) is a free zone located in Ras Al Khaimah, offering a range of services for businesses in various industries, including manufacturing, trading, and services. It provides a simple and cost-effective company setup process, a 100% tax-free environment, and 100% foreign ownership. Companies in RAKEZ also benefit from access to international markets and a supportive business community.
In conclusion, the UAE’s free zones offer a plethora of benefits for entrepreneurs and businesses looking to set up their operations in the country. In this List of Free zones in UAE, Each free zone has its unique offerings and caters to specific industries, making it essential for entrepreneurs to research and choose the one that best suits their business needs. With a dynamic business landscape, a supportive government, and a range of incentives, the UAE’s free zones continue to attract businesses from around the world, making it a top destination for international trade and investment.
Creative Zone has been in the market for over 13 years and has assisted over 75,000 entrepreneurs through their business journey in the Middle East. We offer a one-stop solution for all business needs starting from Trade License Registration, PRO and Concierge Services, Tax and Accounting Consultancy, Corporate Tax Registration, Media and Marketing Solutions, Business Hub Solutions, HR Recruitment Services, Legal Advice, and more.
