5 Top Free Zones to Set up your Startup in Dubai
Dubai is rapidly becoming the business capital of Western Asia. Not only does it host an ever-increasing number of global industry leaders and businesses, but Dubai has also become an enriching ground for startups and small businesses looking for supportive business culture.
As an entrepreneur or a startup, company setup in Dubai free zones is the right place to start for you. UAE free zone jurisdictions provide business owners/investors with lucrative deals, world-class infrastructure, lifestyle, and hassle-free business setup models. With business setup in Dubai Free Zone, you can ensure that your entrepreneurial journey is on the right track.
There are several advantages of setting up a company in a free zone in Dubai, UAE, including:
- 100% foreign ownership
- No personal, income, or corporate taxes
- Full repatriation of capital and profits
- Strategic location boosting opportunities
- Simple and quick set up process
- World-class infrastructure
- Exemption from all import and export duties
Free trade zones in the UAE help the government promote international businesses in the region through 100% business ownership. Free Zones are designed to cut down on a lot of the complexities involved in setting up a business in Dubai.
Let’s together explore 5 of the top Dubai Free Zones for setting up a start-up in the region.
Dubai Multi Commodities Center Free Zone (DMCC)
No list of free zones is complete with DMCC. DMCC Dubai is the #1 free zone in the region, providing businesses with a flourishing market space. With over 15,000 registered members, it provides a dynamic community and excellent connectivity by air, sea, and road for your business setup in Dubai.
DMCC is a luxurious free zone option for companies operating in the financial or commodities sector. DMCC allows up to 6 business activities (from the same group) with a single license, including industrial, service, and general trade as well as crypto commodities trading. DMCC is also one of the few free zones that provide dual licenses for entrepreneurs.
Dubai World Central free zone [DWC]
DWC is a significant free zone with seamless connectivity to two major airports, Jebel Ali Port and Al Maktoum International Airport. With such access to major trans-emirate road networks, DWC free zone has gained the leading position as a truly multimodal logistics and trade hub.
DWC Free Zone hosts modern facilities and world-class infrastructure, including 6 dedicated areas serving e-commerce needs. It is a significant Dubai free zone for business setup in the aviation and logistics sectors as well as other sectors, including humanitarian operations and hospitality.
Jebel Ali Free Zone [JAFZA]
JAFZA is a benchmark free zone for business setup in Dubai, UAE. It has gained ISO certification and allows for diverse business modules and progressive work procedures. Named the flagship free zone of DP World, JAFZA provides licenses for trade, service, industrial, and e-commerce business operations.
Due to its strategic location near the Jebel Ali Sea Port, it’s the ideal free zone for import and export startup business setup in Dubai, UAE. It also boasts direct access to a market of over 2 billion people.
International Free Zone Authority Dubai (IFZA)
IFZA has gained popularity in the region as one of the most economically free zones for company setup in Dubai. Relatively new to the market, IFZA free zone offers a highly cost-effective setup process for startups and entrepreneurs.
IFZA provides various business licenses for entrepreneurs, including consulting, service, e-commerce, commercial, and trading licenses. It is not mandatory to have a physical office space to start your business in this free zone.
Dubai Airport Free Zone Authority (DAFZA)
DAFZA hosts over 3100 companies from various industry sectors, including light industry, pharmaceuticals, trading, logistics, IT, jewelry, and manufacturing. Located near the Dubai International Airport, DAFZA free zone acts as a business gateway between the Middle East, Africa, Europe, and the rest of Asia.
Foreign investors can set up their company in DAFZA to enjoy complete business ownership and a zero-tax environment. The best-in-class infrastructure and modern facilities allow businesses to start operations within days of their company setup.
Get expert help for business setup in Dubai Free Zones
UAE offers a lot of free zones to start your business. But deciding which one would work best for your unique business idea can be tricky. Business setup in UAE is a complex process. It includes a lot of procedures, rules, and regulations… a lot of red tapes to cross, especially for those who aren’t familiar with the system or languages.
With the expert business formation and PRO consultation services by industry leaders like our team at Global Link, you can cut through the hassle and minimize your resource expense. Consult with us to find which free zone is best for your startup and take the step to turn your ideas into a reality. Let us take care of the process for you, so you can start your business activities quickly and stress-free.