Top Five Free Zones For Company Formation in Dubai
Reputed as the trade hub of the Middle East, Dubai has direct access to more than 170 countries through Air, Sea, and Road Transport. It is amongst the top few business cities globally due to the countless business benefits for the investors. It has three types of company formation options – Mainland, Free Zones and Offshore. Out of these, Dubai Freezones is the most preferred option for business setup among foreign investors. Benefits like 100% foreign ownership, tax-free income, zero customs duty, profit and capital repatriation, etc., have made Dubai Free Zones home to several reputable global enterprises.
Here are the top 5 Free Zones in Dubai for business setup:
Dubai Airport Free Zone
Strategically located close to the Dubai International Airport, Dubai Airport Free Zone (DAFZA) in Dubai is amongst the top free zones in the world. Therefore, you will get the world-class infrastructure in terms of technology, robust office spaces, warehouse facilities, networking opportunities, etc. and a prestigious office address in Dubai. In addition, you can choose from serviced offices, shared offices, fully furnished executive offices, and custom-built warehouses as per your business needs.
DAFZA has everything to cater to the customised business requirements of foreign investors. Company formation in DAFZA is hassle-free and straightforward, with very minimal processes. It has an in-house customs check to provide easy entry and exit of goods. DAFZA is a VAT Free Trade Zone.
Dubai Multi Commodities Centre
DMCC is another prevalent Free Zone for companies in goods and commodity trading. You will get an excellent infrastructure, world-class services, and a sound ecosystem to form a company. DMCC is home to more than 10,000+businesses in the sphere of general trading, precious metal trading, consulting, information technology, computing, and many more.
Investors can quickly get a superb business setup, ready-to-use office space, residence visa, easy lease and sale options for offices. There is an excellent opportunity to network and organise events, seminars, workshops, exhibitions, etc., for business purposes. Companies that trade in precious metals items like gold, diamond, and other commodities have easy access to trading commodity exchange. Investors also get trade regulations and standard compliance training, not forgetting the knowledge about legal structure.
Dubai South Freezone
Close to the Al Maktoum International Airport, Dubai South is another upcoming Free Zone that focuses on logistics, aviation, commercial, exhibition, real estate, etc. In addition, you will find dedicated areas to provide faster trade operations. Dubai South aims to become a vital zone in the UAE for logistics, aviation, services, and light manufacturing and assembling industries.
Dubai Silicon Oasis Freezone
DSO (Dubai Silicon Oasis) is an excellent Free zone choice for tech enterprises, start-ups and entrepreneurs to establish their business in Dubai. It is an ideal location for both families and professionals as it provides a coexisting ecosystem. It is an integrated community allowing space for residential and commercial needs. Its state-of-the-art technology infrastructure and networking opportunities make it an ideal zone for start-ups in UAE. Investors and start-ups can get an array of company formation packages and license types.
Jebel Ali Freezone
Jebel Ali Freezone (JAFZA) is one of the world’s largest Free trade zones. The zone is dedicated to industries, trade, logistics, etc. It is one of the busiest and most revenue-generating commercial zones in the UAE. It is easily accessible from the port, making it a perfect business centre for trading companies. You will find many Food and Beverage production and Light Manufacturing units at JAFZA. Investors can benefit from a host of company formation packages and the best infrastructure facilities in the UAE. The custom-built warehouses adjacent to the Seaport is another advantage for investors.
Dubai has many more free zones dedicated to various business categories. Here we have discussed the top five. If you are planning to have a business setup in Dubai Freezone then consult a professional business setup consultant for more information about the free zone.