Understanding the Cost of Opening a Company in Dubai Free Zone

The benefits which an entrepreneur can avail with a freezone company setup in dubai are the major reasons people prefer setting up a company in a free zone. Dubai comprises a number of free zones which cater to a wide variety of industries and also provide a business-friendly friendly-environment.

In this blog, we will list the popular free zones in Dubai and understand the different factors that can increase their cost.

What is a Free Zone in Dubai?

A free zone is a designated area for setting up a company. A freezone offers 100% ownership of companies for foreign nationals. Free zone company setup in Dubai attracts a wide range of benefits for the business. However, the companies setup in the free zone cannot have trade relations with the mainland companies.

Popular Free Zones in Dubai

Dubai consists of 20+ freezones catering to setting up various business activities. Some of the most popular ones include -

  1. Jebel Ali Freezone (JAFZA)

If you are looking to establish a business in the logistics, e-commerce or crude oil sector, JAFZA is the ideal jurisdiction for you. With an annual trade value of just over USD 104.2 Billion per annum, Jebel Ali Freezone (JAFZA) leads the free zones of Dubai.

  1. Dubai Internet City (DIC)

Dubai Internet City caters to businesses in the tech space and allows them to utilise world class commercial spaces, amenities and much more. By setting up a business in DIC, the entrepreneurs can ensure the growth of the business.

  1. Dubai Silicon Oasis (DSO)

The Dubai Silicon Oasis (DSO) is a freezone which provides both commercial and residential environments. It focuses mostly on businesses which are related to robotics, AI automated cars, etc.

  1. Dubai Healthcare City (DHCC)

With a growing population and the rise in health technology, healthcare businesses provide a great opportunity and can flourish in this freezone. This is where Dubai Healthcare City (DHCC) comes into the picture. DHCC provides a platform for business where innovation meets healthcare.

  1. Dubai International Financial Center (DIFC)

The Dubai International Financial Center (DIFC) offers multiple facilities for setting up businesses dealing with auditing, accounting, finances and fintech-related services. It is the leading financial hub in the Middle East and provides easy access to the markets of the MENA region.

  1. Dubai Media City (DMC)

The Dubai Media City (DMC) offers unique opportunities for companies in the media industry to flourish. Various freelancers and startups associated with the media industry have set up their base here to ensure exponential growth for their businesses.

  1. Dubai Multi Commodities Center (DMCC)

Dubai Multi Commodities Center (DMCC) is the ideal free zone for any production-related business. Businesses dealing with precious stones, metals, agricultural produce, renewable energy and many other diverse products establish their foundation here.

These are some of the popular free zones. To know more about the free zones in Dubai, contact the consultants at Business Setup Worldwide right away!

Cost of Opening a Company in Dubai Free Zone

The cost can vary depending upon the type of business activity you choose as the licensing requirements also differ. Further, each of the free zones have their own authorities who decide on the fee that must be levied for company incorporation. It is important to note that a major benefit of a freezone company setup in Dubai is the taxation policies and the business friendly environment. For a better understanding, it is advisable to consult experts such as Business Setup Worldwide.

At Business Setup Worldwide, we specialise in company incorporation in Dubai. The services provided by the experts in BSW will ensure that businesses do not face any hassle in the future. To explore and find the right free zone for your business, contact our consultants today.

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