Free Zone Areas in UAE for Company Formation
As a foreigner, if you prefer to keep 100% of the ownership to yourself, Free Zone Areas serve as the perfect alternative to mainland. The first free zone in the UAE opened in the 1980s, and they have grown in size and scope since then. Currently, there are over 40 free zones across the country. Each free zone is managed and administered by its own regulatory authority and functions under its own laws and regulations. The nature of the business act
Activity that you intend to carry out will have a big influence on selecting the Free Zone to meet your requirements.
The Free Zones in UAE
The UAE has a number of free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Um al-Quwain.
Dubai- (Form a company incorporation within AED 11500)
| Dubai Maritime City | Dubai Commerce city | Dubai South | Dubai World Trade Centre |
| Dubai Design District | Dubai Science Park | International Humanitarian City | Dubai Multi Commodities Centre |
| International Free zone authority | Dubai Outsource City | Dubai Silicon Oasis | Dubai International Finance Centre |
| Dubai Internet City | Meydan Free Zone | Dubai Healthcare City | Dubai International Academic City |
| Dubai Production City | Dubai Studio City | Dubai Media City | DAFZ Industrial Park |
| Dubai Financial Services Authority (DFSA) | Gold & Diamond Park | Dubai Airport Free zone | Dubai Knowledge Park |
| Dubai Auto Zone(DAZ) | Jebel Ali Free zone | Expo City Dubai |
Sharjah – Form a company incorporation within AED 5500
| Sharjah Publishing City | Hamriyah Free Zone | Sharjah Media City-Shams | Sharjah International Airport Free Zone |
| The Sharjah Research, Technology & Innovation Park | Sharjah Oasis for Technology & Innovation (SOTI) | Sharjah Healthcare City |
Abu Dhabi (Form a company incorporation within AED 9450)
| Masdar City Free Zone | Kezad Free Trade Zone | Khalifa Port Free Trade Zone | Abu Dhabi Airports Free Zone |
| Abu Dhabi Global Market | Twofour54 | The Free Zone dedicated to the Military and Security sector in Tawazun Industrial Park |
Ajman (Form a company incorporation within AED 8000)
| Ajman Free Zone | Ajman Media City Free Zone |
Ras Al-Khaimah Form a company incorporation within AED 8240
| Ras Al Khaimah Maritime | Ras Al Khaimah Economic Zones (RAKEZ) |
Fujairah
| Creative City Free Zone | Fujairah Free Zone |
Umm Al- Quwain
| Umm Al Quwain Free Zone |
Benefits of Free-zone for Foreign Investors
- 100% Foreign Ownership
- 100% Repatriation of Capital & Profits
- Fast & easy Business Set-up procedures
- Developed Business Communities
- Numerous Options at Competitive cost
- 100% Exemption from Corporate & Income tax
- 100% Exemption from Customs duty
- Independent Laws & Regulations
- Easy Regional & Global market access
- Modern & Sophisticated Infrastructure
Checklist
- Company’s name
- Name of Individual(s)
- Business Experience
- Company Email
- Company Phone number
- Company Website
- Nature of Business
- Brief Description of your intended Business
- Mention the intended type of products or services you plan to offer
- Source of Wealth Declaration
- List of Countries where your targeted customers will be based (UAE and international)
- Mention the relevant payment methods you will be accepting from customers? Example- cash, bank transfers or both
- Mention the relevant payment methods your company will use, when transacting with suppliers? (If relevant)
- List your key competitors
- Do you hold any other business license – in the UAE or other country? If Yes, please list the company name and which country it is based in.
WHY US?
We at LEGALLANDS provide the best services for establishing a Free Zone Area Company in UAE. We have the requisite experience, skills and network to fit your needs when starting a business by providing quick, dependable, and experienced assistance. Our expert professional team offers you a tailored service to set up a company, which is generally the first step where we provide services like business licenses & approvals, work permits and residence visas, accounting and payroll etc.
