Which Is The Cheapest Free zone In UAE?

The United Arab Emirates (UAE) is well-known for its free zones that offer businesses a wide range of benefits, such as 100% ownership, tax exemptions, and streamlined processes. Starting a business in a free zone can be a smart move for entrepreneurs looking to establish a presence in the UAE. However, with so many options available, it can be challenging to decide which free zone is the most affordable. In this article, we'll take a closer look at which free zone is the cheapest in the UAE and explore the benefits of business setup in Dubai.

What is a Free Zone?

Before we dive into the details of the cheapest free zone in the UAE, it's essential to understand what a free zone is. A free zone is a designated area within the UAE where businesses can operate with fewer restrictions and tax incentives. Free zones offer a range of benefits to businesses, such as 100% ownership, tax exemptions, and streamlined processes. In addition, free zones in the UAE provide businesses with state-of-the-art infrastructure, access to world-class facilities, and a strategic location that enables them to expand into the Middle East, Africa, and Asia.

Benefits of Business Setup in Dubai

Dubai is a city that is rapidly expanding, and it's becoming a hub for entrepreneurs who want to establish their businesses in the region. Dubai is home to several free zones that offer a range of benefits to businesses. Here are some of the benefits of company setup in Dubai :

  1. Strategic Location: Dubai is strategically located, making it an ideal place for businesses that want to expand into the Middle East, Africa, and Asia.
  2. Tax Exemptions: Dubai's free zones offer businesses tax exemptions on income and corporate tax.
  3. 100% Ownership: Dubai's free zones allow businesses to have 100% ownership, which is not possible in other parts of the UAE.
  4. Easy Business Setup: Dubai's free zones have streamlined processes that make it easy for businesses to set up their operations.
  5. World-Class Infrastructure: Dubai's free zones offer businesses world-class infrastructure, which includes modern office buildings, advanced telecommunications systems, and top-notch transportation facilities.

Cheapest Free Zone in the UAE

Now that we've covered the benefits of business setup in Dubai let's take a closer look at which free zone is the cheapest in the UAE. The cheapest free zone in the UAE is the Ras Al Khaimah Economic Zone (RAKEZ). RAKEZ is located in Ras Al Khaimah, which is about 45 minutes from Dubai. RAKEZ offers businesses a range of benefits, such as 100% ownership, tax exemptions, and a range of facilities to support their operations. RAKEZ is an excellent choice for businesses that want to establish a presence in the UAE but don't want to spend a lot of money.

RAKEZ offers businesses several packages to choose from, depending on their needs. The most affordable package is the Flexi Desk package, which starts at AED 6,200 per year. The Flexi Desk package includes a shared desk, access to meeting rooms, and a range of other services. RAKEZ also offers other packages, such as the Business Centre package, the Executive Office package, and the Industrial package.

RAKEZ's packages are affordable and offer businesses a range of benefits. In addition, RAKEZ's location is ideal for businesses that want to establish a presence in the UAE without spending a lot of money.

Read Also This - Is It Profitable To Do Business In Dubai

Conclusion

In conclusion, if you're looking to set up a business in the UAE and want to keep costs low, RAKEZ is the best option. RAKEZ is the cheapest free zone in the UAE, and it offers businesses a range of benefits, such as 100% ownership, tax exemptions, and affordable packages. In addition, RAKEZ is located in Ras Al Khaimah, which is only a short distance from Dubai, making it an ideal choice for businesses that want to establish a presence in the UAE. Overall, business setup in Dubai's free zones offers a range of benefits to entrepreneurs looking to expand into the region. The benefits of setting up a business in Dubai include tax exemptions, 100% ownership, easy business setup, world-class infrastructure, and a strategic location. When it comes to choosing the cheapest free zone in the UAE, RAKEZ is the top choice. RAKEZ offers businesses affordable packages and a range of benefits, making it an excellent option for entrepreneurs looking to establish a presence in the UAE.

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