Comparison of Free Zone Businesses

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Dubai Multi
Centre (DMCC)
Free Zone (AFZ)
Free Zone (HFZ)
Product DMCC License Smart Office SME E-Office
Incorporation time 6-8 weeks 2 business days 3-5 business days
Share capital 50000 per company 185,000 Price of License
Monthly Payment Plan (post dated cheques) No Yes No
Flexi Desk Option 17620
No. of Visa Allotment: 3
Flexi Office Facility N/A Starting from 21950
No. of Visa Allotment: 2
No. of Visa Allotment: 4
Industrial License Available Yes Yes Yes
Warehouse Facility N/A 350 per sq m
No. of Visas: 14
255 per sq m
No. of Visas: based on activity
General Trading License 82000 27150 35000
Consultancy License 32030 34550 25000
Visa – Shareholders 4510 /3300 4000 3500
Visa – Employees Outside 3300 /
Inside 4510
4000 + Deposit / Ticket 3500 + Deposit / Ticket
All shareholders must travel required for company formation Yes Yes Yes
Legal considerations
Minimum number of shareholders 1 1 1
Minimum number of directors 1 1 1
Corporate shareholders allowed Yes Yes Yes
Corporate directors allowed No No No
100% foreign ownership allowed Yes Yes Yes
Free Zone directory listing company info Yes No Yes
Tax considerations
Exempt of corporate tax on profits Yes Yes Yes
Statutory audit required Yes Yes Yes
Access to UAE double tax treaties Yes Yes Yes
Misc. considerations
Can rent office premises outside free zones No No No
Compulsory to appoint an Auditor Yes No Yes
Allowed to import raw materials? (Commercial + General Trading firms) Yes Yes Yes
Allowed to export goods? (Commercial + General Trading firms) Yes Yes Yes

Note: The above are indicative prices only. Charges and free zone policies are subject to revision, the prices also depend upon the options available on the date of executing your order. To get your own free official estimate from Business Setup Consultants please contact us now.