Contents
- Ajman Media City (AMC)
- Sharjah Media City free zone (SHAMS)
- Raz Al Khaimah free zone(RAKEZ)
- International Free zone Authority, Dubai.
As many you asked, 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.
Beside above, which free zone is best in Dubai? The DMCC (Dubai Multi Commodities Centre) is a strong contender as the UAE’s best free zone. In fact, the Financial Times’ awarded it ‘Global Free Zone of the Year’ no less than four times.
You asked, how much does it cost to open a Freezone company in Dubai? In Dubai Airport Free Zone, you can form an FZ Co. with a minimum share capital of AED 1000. Each share should be in the denomination of AED 1000. In DMCC, the minimum share capital for forming a free zone company is AED 50,000 per company and AED 10,000 per shareholder.
Subsequently, how much is a free zone visa? The visa application fee is AED 4,670. This includes the visa fee, typing fees, medical test, residence visa stamping, and Emirates ID card. An additional fee of AED 920 is due if the visa applicant is in the UAE. A security deposit must be made of AED 2,500 (refundable upon cancellation of the visa).
- 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)
How do I choose a free zone?
How many free zones does Dubai have?
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.
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.
How do I choose a free zone for my business in UAE?
- STEP 1: Choose a business activity for your business in UAE.
- STEP 2: Choose the facility type your business will require.
- STEP 3: Figure out how many UAE Residence Visas your company will need.
How much money do you need to start a business in Dubai?
To set up an onshore business in Dubai costs a minimum Dh34,340 ($9350), the rankings note, and requires payment of myriad fees. These include Dh15,000 for a general trading licence, plus fees of Dh10,000 to Dubai Municipality, Dh3,000 to the Ministry of Economy and Dh1,200 to Dubai Chamber of Commerce.
Can a Freezone company trade in mainland?
A company established in Freezone can carry out business in Mainland subject to the restrictions imposed by the law of the UAE. … The Free Zone trading company can export the goods to the Mainland companies by following the UAE Customs procedures.
What is Freezone visa in UAE?
In free zones, the most common type of residence visa is available through an employment contract with a free zone company. This type of UAE residence visa is valid for up to 3 years. … Free zone visas are obtained solely from the Immigration Department (GDRFA) without the necessity of contacting the Ministry of Labour.
What is the difference between Dubai and free zone visa?
What is the difference between the Dubai mainland visa and a free zone visa? The validity of mainland company’s employment visas is two years, while the free zone visa is valid for three years. … Whereas with a free zone visa you have to consult a local agent to be able to work in non-free zone companies.
How many free zones are there in Sharjah?
There are 45 Free Zones operating in UAE.
Is there any ban for Freezone Visa?
Usually free zones do not impose bans on employees. It depends on the circumstances that lead up to your dismissal or termination of contract. But if you have resigned from your job, there is no labour ban within free zones. If the ban is imposed, this may be applicable only within that particular freezone.
What is DMCC free zone?
DMCC Free Zone is the largest free zone in the UAE, with more than 18,000 registered members as of 2021. In 2018, DMCC was named number one global free zone for a fourth consecutive year by the Financial Times FDi magazine.
