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What is the Cheapest Free Zone in the UAE

Ranking 16th worldwide in the World Banku2019s Ease of Doing Business 2020 report, the UAE is the ideal business place owing to several reasons such as being the cheapest free zone in UAE. Its strategic location and 0% tax policy attract a huge number of foreign and local investors. Whether youu2019re looking to expand your business or start a new one, UAE offers an accelerated business environment.<br>https://www.shuraa.in/cheapest-free-zone-uae/

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What is the Cheapest Free Zone in the UAE

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  1. What is the Cheapest Free Zone in the UAE? Get a Consultation today!

  2. What is the Cheapest Free Zone in the UAE? Ranking 16th worldwide in the World Bank’s Ease of Doing Business 2020 report, the UAE is the ideal business place owing to several reasons such as being the cheapest free zone in UAE. Its strategic location and 0% tax policy attract a huge number of foreign and local investors. Whether you’re looking to expand your business or start a new one, UAE offers an accelerated business environment. SHURAA INDIA

  3. What is a free zone? Free zones are the special economic areas in the UAE where businesses can be set up at privileged tax and customs rates. Each free trade zone is defined by a geographical area within the particular emirate. Besides, each free zone has a different set of laws and jurisdiction governing the businesses. The purpose of free zones is to boost foreign business by offering numerous benefits such as 100% business ownership. With over 40 free zones in the UAE and many of them categorized based on business activities, it is essential to understand your business requirements while selecting the cheapest free zone in UAE 2021.

  4. Why set up your business in a free zone? 1. 100% Foreign ownership 2. Corporate and personal tax exemptions 3. Easy setup 4. Import and export duties exemption 5. Support from the government

  5. 1. 100% Foreign ownership One benefits of establishing a business in a free zone is full ownership rights. In a free zone, an investor can enjoy 100% ownership without the help of a UAE sponsor. of the most attractive

  6. 2. Corporate and personal tax exemptions UAE’s tax regime makes it one of the most evident reasons to set up a company here. You can obtain the cheapest free zone license in Dubai as the free zones offer 100% exemption from personal and corporate taxes.

  7. 3. Easy setup Getting a free zone license in Dubai process. company formation process may depend business activities chosen by you. But, in most cases, basic documentation and paperwork are enough for you to start. is straightforward However, a the exact upon the type of

  8. 4. Import and export duties exemption The exempts business owners from paying import and export duties along with no currency regulation restrictions. Flexibility in currency exchange transactions easier. jurisdiction of the UAE makes financial

  9. 5. Support from the government Powered infrastructure, government is very supportive and welcoming to the new-age investors. authorities businesses in getting a free zone license in Dubai and thereafter. with excellent the UAE The assist Free the zone new

  10. Top 4 Cheapest free zones in the UAE. Free zones are becoming a popular choice for investors owing to the variety of benefits they offer. While selecting the cheapest free zone in UAE 2021, it is imperative to go through the information about where they are based and the benefits they offer. 1. Ajman Media City (AMC) 2. Sharjah Media City free zone (SHAMS) 3. Raz Al Khaimah free zone(RAKEZ) 4. International Free zone Authority, Dubai

  11. 1. Ajman Media City (AMC) It also offers Flexi-desks and small sharing workplaces. This free zone makes it an ideal place for small and mid-sized business owners to set up their businesses. With a trade license starting from AED 8500, AMC is renowned as one of the cheapest free zones in UAE. Along with the media-related activities, AMC allows some trading activities as well. Majorly, the business activities shall fall under the below heads: Service and Consultancy Media related training E-commerce.

  12. 2. Sharjah Media City free zone (SHAMS) SHAMS offers a vast list of business activities. Unlike the name suggests, the business activities are not only related to the media sector. You can undertake multiple business activities per license. The types of business licenses offered in SHAMS are: Trading Professional Holding and other types Social media influencer This free zone is ideal for people wanting to set up a business remotely, without having to visit UAE in person.

  13. 3. zone(RAKEZ) RAK is renowned for its customizable warehousing solutions. You can choose from low, medium, and high sized warehouses depending upon your business activities. It also provides readily available staff and labor accommodations. Providing the largest list of business activities in the UAE, the below heads encompass them all: Raz Al Khaimah free Commercial Service Industrial Media Educational Professional Setting up a business is cheap as well as quick. A company can be formed within a week.

  14. 4. International Free zone Authority, Dubai The Dubai Department of Economic Development decides the range of business activities that can be conducted in this free zone. You can choose a maximum of 7 activities under one license. The types of licenses offered in the IFZA free zone are: Consulting Service Trading Establishing a business in IFZA can minimize the capital requirements for your company and save on your annual audit costs. Another advantage of setting up a business in IFZA is that you can set up your office, warehouse, and residential apartment on the same premises.

  15. Conclusion Setting up your business in the UAE is much government policies. However, while embarking on your search for the cheapest free zone license in Dubai, prior knowledge of the free zones and the license application process is required. To reap long-term profits and growth, invest your time with Shura’s experts incorporation. easier now, thanks to reliable and company enjoy setup hassle-free

  16. OUR STORY SHURAA – THE PIONEERS OF BUSINESS SETUP SERVICES IN THE UAE Shuraa Business Setup was founded by Mr Saeed Khalifa Mohammed Al Fuquei in the year 2001. The organization was initiated with an agenda to help individuals start a business in Dubai or any other emirates. For the past 20 years, we have registered over 35,000 companies in the UAE.Shuraa Business Setup helps with crucial paperwork and other governmental permissions which is important while setting up a business in Dubai. We share years of acquaintance with the government officials and regulatory authorities, that makes business setup easier.

  17. MAILING ADDRESS 108, Square One, Saket New Delhi - 110017 REACH OUT EMAIL ADDRESS info@shuraa.in PHONE NUMBER +91-8010990022

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