Ajman free zone has a long history, but today it has undergone some renovation in terms of the offers to its international investors. AFZA offers not only companies with flexi-desks or executive offices, but also brand new warehouses right next to Ajman port.
The Emirabiz Blog
Umm Al Quwain free zone or UAQ free zone is one of the newest free zones in UAE. With its modern management and flexible licensing solutions, it has already gained huge popularity among foreign investors. This free zone has a lot of unique benefits which are not available anywhere else. Combined with low cost of business setup, they make Umm Al Quwain free zone one of the most attractive free zones among new entrepreneurs.
DMCC (ex. JLT) the largest and fastest growing free zone is located in a lake front development called Jumeirah Lakes Towers in the heart of Dubai with an unrivalled location on intersection 5 close to Dubai Marina and Mall of the Emirates and ten minutes from Jebel Ali Sea and Air Ports and the Logistic corridor.
DMCC is the perfect location to position any business within reach of thousands of potential clients and alongside many global leaders. DMCC offers a great working environment in the perfect location at very affordable rates where you can both work and live in.
Most Free Zones in Dubai require some capital amount before they actually issue your license. The setup procedure usually goes as follows:
1. You provide your passport for security checkup
2. You have to deposit money to the bank for 3-5 or sometimes 20 days (until the setup is finished)
3. You get your license
Then you can use your money for whatever purpose, however in the end of the year you will have to do audit and prove that your capital did not decrease (it should at least remain the same).