Comparison of Free Zone Businesses

Dubai Multi
Commodities
Centre (DMCC)
Ajman
Free Zone (AFZ)
Hamriyah
Free Zone (HFZ)
Summary
ProductDMCC LicenseSmart OfficeSME E-Office
Incorporation time6-8 weeks2 business days3-5 business days
Share capital50000 per company185,000Price of License
Monthly Payment Plan (post dated cheques)NoYesNo
Flexi Desk Option17620
No. of Visa Allotment: 3
N/AN/A
Flexi Office FacilityN/AStarting from 21950
No. of Visa Allotment: 2
25000
No. of Visa Allotment: 4
Industrial License AvailableYesYesYes
Warehouse FacilityN/A350 per sq m
No. of Visas: 14
255 per sq m
No. of Visas: based on activity
General Trading License820002715035000
Consultancy License320303455025000
Visa – Shareholders4510 /330040003500
Visa – EmployeesOutside 3300 /
Inside 4510
4000 + Deposit / Ticket3500 + Deposit / Ticket
All shareholders must travel required for company formationYesYesYes
Legal considerations
Minimum number of shareholders111
Minimum number of directors111
Corporate shareholders allowedYesYesYes
Corporate directors allowedNoNoNo
100% foreign ownership allowedYesYesYes
Free Zone directory listing company infoYesNoYes
Tax considerations
Exempt of corporate tax on profitsYesYesYes
Statutory audit requiredYesYesYes
Access to UAE double tax treatiesYesYesYes
Misc. considerations
Can rent office premises outside free zonesNoNoNo
Compulsory to appoint an AuditorYesNoYes
Allowed to import raw materials? (Commercial + General Trading firms)YesYesYes
Allowed to export goods? (Commercial + General Trading firms)YesYesYes

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.

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