Which Freezone is the best???
UAE is a land rich with many freezones ideal for running a business. Hatss off to the UAE governemnt for rendering best services for set up a business in freezones there.
Setting up a business in a free zone is relatively easier. Free zone authorities require minimum paperwork and duration. Here are the key steps to set up a business in a free zone.
- Determine the type of legal entity
- Choose a trade name
- Apply for a business licence
- Choose an office space
- Get pre-approvals, register your business and get your licence
Now coming to the topic which freezones is the best for you?
The UAE has 34 free trade zones, hosting more than 25,000 companies across sectors. All free zones have a number of similar characteristics, “but there is a difference in price and what you can do with a company”, says Adriaan Struijk, Chairman of Dubai-based business consultancy Freemont Group, which focuses on the formation and management of free zone companies.
For logistics, Jebel Ali Free Zone (JAFZA) is the largest and most well-known option. It is located by the busy Jebel Ali Port and linked with Al Maktoum International Airport, allowing for easy transport of cargo worldwide.
For Finance,Dubai International Financial Centre, often shortened to Financial Centre or DIFC, is located along the Sheikh Zayed Road Highway and is one of Dubai’s busiest commercial centres.
For Media and IT The two major free zones that deal with these sectors are Dubai Internet City and Dubai Media City. Dubai Internet City represents many of the most well-known computer tech firms, such as Microsoft, IBM, Oracle and Hewlett-Packard. Dubai Media City is the home of news agencies, online media, broadcasters.
For commodities Jumeirah Lake Tower (JLT) was established as a free zone focused on commodities. It hosts the DMCC, or Dubai Multi Commodities Centre, which is a commodity market for precious metals and minerals.
Genenrally Speaking <a href="http://www.worldwideformations.com/free-zone-incorporation/ras-al-khaimah">RAK Freezone</a> is the best when comes in terms of affordability and cost . Wanna know how just glide through the government renders incentives and exclusive bonus on RAK Freezones on the above link.
Replies