Some of the fastest growing free zones in the UAE
With over 30 different free zones in the UAE, investor may find it difficult to choose the right one to establish their company. All free zones offer various attractive schemes, however there are a variety of choices based on budget, location, and business activity.
The key benefits of setting up in the various free zones are 100% ownership and tax-free status. The requirements for each free zone are different, and the team at Sentinel can help determine which free zone is best for your business.
Although our team can assist with all free zone company formations, we have highlighted some of the fastest growing free zones below:
Dubai Multi Commodities Centres (DMCC)
DMCC is the largest and fastest growing Free Zone in the UAE. DMCC offers a well regulated environment with a major advantage being the availability of freehold offices for sale and lease with Jumeirah Lakes Towers (JLT), located across the road from Dubai Marina. Zero corporate or personal income tax rates are guaranteed for 50 years.
Dubai World Central (DWC)
DWC is geared towards fast-cycle logistics and aviation industries. They work closely with the government authorities to streamline startup procedures, simplify operational requirements and promote a business friendly environment. Located in close proximity to the newly developed airport, DWC offers a variety of license activities at competitive rates.
Meydan offers international free zone trading status with competitive start up costs for businesses locating to Dubai. Meydan Free Zone companies come part of a thriving, centrally located economic community with the best address in the region. Their flexible office spaces, business parks and bespoke commercial spaces are tailored to business whatever the scale. Companies set up at Meydan have the option of operating through a flexi-desk.
Fujairah Free Zone
Fujairah Free Zone is adjacent to the Port of Fujairah. Companies established here have easy access to all Arabian Gulf ports, the Red Sea, Iran, India and Pakistan on weekly feeder vessels. A fortunate combination of geographic location, with access to world’s major shipping routes, a fine port & airport and streamlined procedures, make the Free Zone of Fujairah an ideal place for business.
Ras Al Khaimah Free Trade Zone (RAK FTZ)
RAK FTZ is one of the most cost effective and fastest growing free zones in the UAE. Having been named as one of the top five free zones in the Middle East, RAK FTZ has options to suit every type of investor. The free zone also provides a number of value added services, and have representative offices located in Dubai. As with the other free zones, there are guaranteed periods of tax exemption and full capital and profit repatriation.
Dubai Design District (D3)
D3 has been developed with the creative community in mind. The free zone is ideal for companies looking to set up in the fields of art, fashion, design, entertainment events, and culture amongst others. D3 also offers the opportunity for freelancers to work from hot desks and benefit from the larger design community. A number of smart city concepts are being implemented in the development of D3 as part of the Dubai Plan 2021.