Starting a business in the United Arab Emirates (UAE) can be an exciting endeavor, thanks to its thriving economy and favorable business environment. UAE offers several free zones for entrepreneurs seeking affordable options that provide cost-effective licensing solutions. This article will explore some of the cheapest free zone licenses available in the UAE, enabling entrepreneurs to kick-start their ventures without breaking the bank. What is the cheapest trade license in UAE? Here is guide for you.
Ajman Free Zone:
Ajman Free Zone is one of the most affordable options for entrepreneurs in the UAE. It offers a range of cost-effective license packages designed to suit different business activities. The license fees for Ajman Free Zone start from as low as AED 5,500 per year, making it an attractive choice for startups and small businesses.
Fujairah Creative City:
Fujairah Creative City is another affordable free zone in the Emirate of Fujairah. It is specifically designed for businesses in the creative and media industries. The license fees for Fujairah Creative City start from AED 15,500 per year, offering entrepreneurs a cost-effective option to establish their creative ventures.
Umm Al Quwain Free Trade Zone (UAQ FTZ):
Umm Al Quwain Free Trade Zone (UAQ FTZ) is known for its low-cost business setup options. With license fees starting from AED 8,950 per year, entrepreneurs can benefit from competitive pricing while enjoying many business advantages. UAQ FTZ provides various business activities, including trading, consulting, e-commerce, and more.
Ras Al Khaimah Economic Zone (RAKEZ):
Ras Al Khaimah Economic Zone (RAKEZ) offers affordable licensing options for entrepreneurs seeking to establish their businesses in Ras Al Khaimah. RAKEZ provides flexible packages with license fees starting from AED 6,100 per year. It caters to various sectors, including industrial, trading, services, and consulting, making it an attractive choice for cost-conscious entrepreneurs.
Sharjah Media City (Shams):
Sharjah Media City (Shams) is an affordable free zone dedicated to the media and creative industries. With license fees starting from AED 5,750 per year, entrepreneurs can benefit from a cost-effective solution to set up their media-related businesses. Shams offer a range of activities such as media production, broadcasting, publishing, advertising, and more.
The country’s free zones provide affordable licensing solutions for entrepreneurs seeking cost-effective options in the UAE. These free zones offer various business activities and competitive pricing structures, enabling entrepreneurs to establish their ventures without a substantial financial burden.
