Business

Cheapest Free zone in the UAE

Whether you’re looking for the cheapest free zone license in the UAE or the cheapest trade license in the UAE, you can find it with the help of a company formation expert.

Apart from considering the price of a Free Zone license, you must also choose one that offers a flexi desk or coworking space and an all-inclusive package that includes visa application. If not, then you might end up paying 10 to 15% more than the initial license price.

Fujairah Creative City is surely one of the cheapest free zones in the UAE. It offers a range of affordable license packages with no paid-up share capital requirement and no annual. The incorporation process is also easy and straight forward. Additionally, you don’t even have to be present in the UAE to open your new company.

The following steps will make it easy for you to start your UAE company, we recommend you work with a Dubai company formation specialist like Business Incorporation Zone (BIZ) to get expert opinion and up-to-date information on the latest rules and regulations.

Step 1: Decide your business activity.

Fujairah Creative City has thousands of business activities listed, so it is important to pick the right license type based on your business requirements. They also offer multiple activities under the same trade license for a very minimal fee.

Step 2: Choose your company name.

Next you need to pick a company name that does not contain any blasphemous language and does not infringe upon the rights of another business entity.

Step 3: Apply for your trade license.

Next, the most important step of all – applying for your trade license. We suggest you work with a company formation specialist because if you make any errors in your application there could be a delay in starting your company.

Step 4: Apply for your visa.

If you’re looking for the cheapest trade license in the UAE, you’ll likely want the cheapest free zone visa in the UAE too and BIZ can also help you here.

Step 5: Opening a corporate bank account.

The final step is the opening of your corporate bank account. BIZ can also assist with the opening of corporate bank accounts and help you pick the most appropriate financial institution to suit your needs.