Contents
- Jebel Ali Free Zone Authority (JAFZA)
- Dubai Multi Commodities Centre (DMCC)
- International Free Zone Authority (IFZA)
- Fujairah Creative City Free Zone.
- Sharjah Media City Free Zone (Shams)
- Sharjah Publishing City Free Zone (SPCFZ)
- Ras Al Khaimah Economic Zone (RAKEZ)
As many you asked, what is free zone area in Dubai? Essentially, free zones or free trade zones in Dubai are business zones where companies operating in them are exempt from all types taxation such as Value Added Tax (VAT), Income Tax, Corporate Tax and Customs. Business owners in the free zone areas in Dubai have 100% ownership of the business.
Amazingly, how many free zones are in Dubai? There are more than 30 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business licenses to foreign-owned businesses.
In this regard, what is the cheapest Freezone in Dubai?
- Ajman Media City (AMC)
- Sharjah Media City free zone (SHAMS)
- Raz Al Khaimah free zone(RAKEZ)
- International Free zone Authority, Dubai.
Considering this, which is the cheapest license in UAE? ‘ The AED 5,750 license package offered by Sharjah Media City (SHAMS) is currently the cheapest free zone license in the UAE. It is the most cost-effective license in the UAE, however, you ought not to jump into the water merely based on the number.
How many free zones are there in UAE?
There are around 40 Free Zones operating in the UAE, with more under construction. Each Free Zone is designed around one or more commercial categories and only offers licences to companies within those categories.
Is D3 a free zone?
About Dubai Design District (D3) Dubai Design District (D3) caters to the creative industries, particularly design and fashion. The free zone is suitable for businesses of all sizes and is home to local designers as well as international fashion houses.
Is JVC a free zone?
Currently, there are 23 neighbourhoods which have been designated as freehold location in Dubai, with most popular freehold areas in Dubai being Dubai Marina, Downtown Dubai and Jumeirah Village Circle (JVC).
Is Bur Dubai a free zone?
Am I allowed to travel from Bur Dubai to Free Zone? Yes, travel within United Arab Emirates is currently allowed.
Is Sharjah a free zone?
The UAE has a number of free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones.
What is a free zone area?
A free zone is a designated area in which companies are taxed at highly reduced rates or nothing at all in order to encourage investments and increased economic activity within the economy. … A free zone company is required to export at least seventy (70) percent of its annual production.
Is DMCC a free zone?
A unique combination of Free Zone status, state of the art commercial and residential property and top-tier commodities and financial services, puts DMCC in a class of its own.
How do I choose a free zone?
Which is the cheapest Freezone license in UAE?
Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.
How can I get UAE free zone visa?
- Step 1: Register for E-Channel services. The first step to applying for your UAE free zone visa is registering for E-Channel services.
- Step 2: Entry permit.
- Step 3: Status change.
- Step 4: Medical fitness test and Emirates ID registration.
- Step 5: Residence visa stamping.
What is a free zone license?
A Free zone license is the foundational document required to do business within our free zone. Free zone licenses entitle companies of all sizes, from startups and SMEs to large multinationals, to enjoy a number of benefits to operate in Dubai.
