Hey! Are you looking for the cheapest free zone in Dubai to start your business?
Don’t look here and there because we are here!
In Dubai, you can enjoy 100% ownership of your business by choosing the cheapest free zones. These cheapest free zones also offer a fast registration process to set up your business quickly.
There are 40 free zones offered by the government of Dubai to the people who have startups or small businesses.
Moreover, tax exemptions and infrastructure facilities attract people to start businesses in free zones.
This blog will tell you the top 10 best cheapest free zones in Dubai. That will surely turn your business dream into reality.
Keep reading this blog to explore all possible cheapest ways to start your business with the cheapest free zones in Dubai.
In-Depth Analysis Of the 10 Best Cheapest Free Zones In UAE
The cheaper free zones offer cost advantages and tax exemptions to manage your business. Notably, terms and regulations change with each free zone, so you should consult a business advisor.
There are the top 10 best and cheapest free zones in Dubai, but analyze your specific goals and needs before you choose any free zone.
1- Sharjah Research Technology and Innovation Park (SRTIP)
SRTIP is the cheapest free zone in Dubai for academic institutions, businesses, and government agencies to work together. Strip promotes entrepreneurship, research, and innovation in the UAE.
SRTIP has special offerings for female entrepreneurs where they offer many funding opportunities, cutting-edge research, development facilities, and research laboratories.
Offerings
Scientist Package
This plan is for the female entrepreneur
- Company formation with business support services
- Access to professional networking events
- Location: HQ – Innovation lounge, 2nd floor
- LICENSE AND FEES – AED 9,000
For Woman Enterpreneurs
- Unlimited access to Innovation Lounge at SRTI
- Save areas for women
- Business support services
- Access to regional and international markets
For High Tech Office
For ideal startups that are less than 3 years
- Location: HQ – Innovation lounge, 2nd floor
- License and Fees – AED 15,000
- Fast-tracked business establishment
For Co-working space
Just pick your laptop and work in a friendly environment.
- License Fees: FROM AED 25,000/PER ANNUM
- Furnished office
- Three desks
- Private working area
- Free wifi
| Contact Number | 06 502 2000 |
| Website | https://srtip.ae/ |
| Founding year | 2016 |
2- Ajman Media City (AMC)
You can start your small business or startup with the Ajman Media City free zone. It was established to create a professional environment for the businesses.
Ajman Media City is a free zone with professional guidance in every step of your company formation.
Offerings
- Company formation costs start from 8500 AED
- They provide consultancy services
- E-commerce services
- Media related training
| Contact Number | +971 80026239 |
| info@amcfz.ae | |
| website | https://www.amcfz.ae/en/ |
3- Ras Al Khaimah free zone(RAKEZ)
RAKEZ is the powerhouse of the leading industrial hub. They provide customized solutions with superior efficiency and cost-effective solutions.
If you are a freelancer or entrepreneur, you can have the most suitable packages starting from 6000 AED. They provide various business licenses, residence visas, and business support services.
Offerings
- Free zone and non-free zone entity formations
- 100 per foreign ownership
- Fast and efficient set-up processes
- Wide-ranging business industrial facilities
- Provision to build on-site staff and labor accommodations
- One-stop shop for all government services
- Self-service client portal
- Connectivity to major logistical hubs
- Accessibility via an international spread of regional offices
- Easy access to markets across MENA, Europe, and Asia
| Contact Number | +97172041111 |
| Website | https://rakez.com/en/ |
| Founding year | 2017 |
4- Sharjah Media City free zone (SHAMS)
SHAMS provides your business with everything you need, including business licenses and customer guides. Their mission is to create businesses with rapid growth and cost-effective solutions.
They provide a wide range of business activities on the same licenses. Their infrastructure has international standards that can easily embark you on your business journey.
Offerings
- Business Licenses
- Business Activities
- Concierge Services
- Customer Guides
- Funding
- Media Training
- Podcast Facility
- Shams is your filming location
- Linkedin Services
- Shams Gaming
| Founding year | 2017 |
| Contact Number | +971 800 SHAMS (74267) |
| info@shams.ae | |
| Address | Shams Customer Service LLC, Hotel Movenpick Grand Al Bustan Casablanca St Garhoud, Dubai, United Arab Emirates. |
5- International Free Zone Authority (IFZA), Dubai
IFZA, supports business incorporation, professional partnership, and business setup facilities. They offer an IFZA professional partnership and an IFZA referral program in which they ensure training and assistance.
Connecting with IFZA can give you several business benefits, including low taxes and no paid-up shared capital and profit.
Offerings
- Ownership
- Workspace
- Approvals
- Professional License
- Commercial License
- Branch
- Business registration process
- No physical presence is required during the process
| Contact Number | +971 4 228 5285 |
| info@ifza.com | |
| Address | IFZA Business ParkDubai, United Arab Emirates Building A2 (reception) |
6- Dubai Silicon Oasis (DSO)
DSO is designed in a way that any business can have a big chance of survival. It is also one of the cheapest free zone in Dubai that also match your affordability.
You can set up your company, warehouse, and office with Dubai Silicon Oasis (DSO). It is a high-technology, free zone ecosystem in Dubai. Amazingly, it is one of the cheapest free zone companies in Dubai.
Offerings
- Work permits, Residence Visa, Visit Visa
- Data center, IT services
- Work approvals and NOCs
- License type
- Company types
- Set up process
- IT infrastructure and facilities
- Fast-track business licensing
- Dedicated business support services
| Website | https://www.dsoa.ae/ |
| Founding year | 2005 |
7- Jebel Ali Free Zone (JAFZA)
Jafza is one of the best free zones in Dubai. The most important feature of Jafza is they have an affordability range of small businesses and startups.
They secured FDI global free zones of the year awards in 2023. They are creating a trade value of 104.32 billion dollars per year. Moreover, Jafza is home to 9,500+ businesses in Dubai.
Offerings
- Trading Licence
- Service Licence
- Industrial Licence
- Logistics Licence
Solutions
- Plots Of Land
- Warehouses
- Office Space
- Showrooms
- Retail Outlets
- Co-Working & Workstations
- Onsite Residence
- Customized Development
Company Formation Services
- A Free Zone Establishment (FZE)
- A Free Zone Company (FZCo)
- Public Listed Company
- Branch Of A Company
- Offshore Company
8- Dubai Media City (DMC)
Dubai Media City is one of the most credible and cheapest free zone companies in Dubai. Freelancers, startups, SMEs, and large companies coexist in Dubai, contributing to its designation as the Arab Media 2020 Capital.
Your business can meet countless growth opportunities by offering diverse commercial spaces and exciting experiences.
Offerings
- Warehouses
- Light industrial units
- Boutique studios
- Gofreelance
- Set up your company
- Sound stages
| Website | https://dmc.ae/ |
| Contact Number | +971 4 391 4555 |
| Address | Dubai Media City Management OfficeBuilding – 2Dubai Media City |
9- Dubai Healthcare City (DHCA)
DHCA is the healthcare ecosystem that provides a company formation setup. They offer strategic partnerships with the healthcare setups, as Dubai’s demand for healthcare facilities is increasing.
They are very cost-effective in designing laboratories and research labs. Whether a student or healthcare facility member, you can be part of DHCA in Dubai.
Offerings
- Set your own company
- Community directory
- Season and Events
- Find a doctor
| Contact Number | +97143838359 |
| info@dhca.gov.ae | |
| Address | Mohammed Bin Rashid Academic Medical Centre (Building No. 14)Right Wing -Second FloorDubai Healthcare CityDubai, UAE. |
10- Meydan Free Zone
Meydan is the cheapest free zone in Dubai that provides solutions to business investors. Due to their renowned services, they have been featured in GCC News.
They are home to 2500+ business activities with recognized business licenses. Due to their remarkable offerings, they were featured in the Khaleej Times and Gulf News.
Business Setup Services
- Meydan Pay
- Meydan Plus
- Meydan Marketplace
- Meydan Logistics
Contact Details
| Contact Number | +971 4 777 7222 |
| setup@meydanfz.ae | |
| Address | Meydan Free Zone, Meydan Hotel, Meydan Grandstand, 6th Floor, Meydan Rd, Nad Al Sheba 1, Dubai, UAE |
Benefits of Applying For The Cheapest Free Zone License in UAE
There are numerous advantages of applying in the cheapest free zones categories. Consulting with business advisors or legal professionals is recommended.
The following are the main advantages of the cheapest free zones in Dubai to set up your business.
1- Cost-Effective Setup
These free zones in Dubai offer cost-effective packages that are affordable for businesses, especially startups and small businesses.
2- 100% Foreign Ownership
These free zones allow 100% foreign ownership of companies, providing a favourable environment for international investors.
3- No Currency Restrictions
These cheapest free zones in Dubai enable businesses to transact in any currency without any restrictions.
4- Customs Duty Benefits
Free zones often provide customs duty exemptions on importing and exporting goods, facilitating smoother international trade.
5- Efficient Business Setup Process
These cheapest free zones in Dubai help you create an efficient business setup process. Some free zone companies offer extra facilities to make your business efficient and stable.
6- Modern Infrastructure
Many free zones provide modern and well-developed infrastructure, including office spaces, warehouses, and other facilities.
Conclusion
The aim of this blog is to provide knowledge to the people who want to start their businesses.
The free zones we mentioned above offer many facilities, including 100% ownership of business and tax exemptions. However, it’s essential to conduct thorough research and stay updated on the latest regulations to make informed decisions.
So, Are you ready to start your own business in Dubai, where the cheapest free zones are ready to facilitate you?
Remember that license and visa fees vary from free zone to free zone companies. It is a good option to consult with a business professional before starting your business.
I hope you have gathered immense knowledge about free zones in this blog. If you have any questions or queries, get a free consultation from our experts.
