When it comes to Freezone company setup in Dubai, choosing the proper jurisdiction can make all the difference to your business success. With over 42 free zones across the UAE, each offering its own set of benefits, incentives, and industries, the decision can feel overwhelming.
Among the most sought-after options are IFZA (International Free Zone Authority), Meydan Free Zone, and RAKEZ (Ras Al Khaimah Economic Zone) — each known for its flexible setup options, competitive pricing, and investor-friendly policies.
Whether you're a freelancer, a startup, or an established company looking to expand into the UAE market, understanding the core differences between these three free zones is essential. From license types and office solutions to visa eligibility, business activity approvals, and ease of doing business, this blog will break down everything you need to know. Let’s dive into the features, and cost of IFZA, Meydan, and RAKEZ to help you choose the best free zone for your Dubai free zone company setup.
Note: Prices are approximate and may vary depending on license type and business activity.
Understanding Free Zones in the UAE
The United Arab Emirates (UAE) is a global hub for business and entrepreneurship, mainly due to its extensive network of free zones. These designated economic areas offer foreign investors 100% ownership, tax exemptions, and simplified business setup processes. If you're planning a Freezone company setup in Dubai, understanding your options is crucial. In this section, we’ll explore three popular choices: IFZA, Meydan, and RAKEZ, and help you compare them.IFZA Free Zone (Dubai Silicon Oasis)
The International Free Zone Authority (IFZA) is one of the most popular and affordable free zones in Dubai. It’s located in Dubai Silicon Oasis, a tech-focused business hub, giving your company a prestigious address while keeping costs low.Key Benefits of IFZA
Here are the main benefits of setting up your business in the IFZA Free Zone:- Low-Cost Setup: Business license packages start at just AED 14,900*, making it one of the best options in Dubai.
- Quick Setup: Your company can be registered in just 2–3 working days, making it ideal if you need a fast launch.
- Flexible Licensing: IFZA allows a wide range of business activities under one license, so you don’t have to choose just one niche.
- Dubai Location, Lower Costs: You enjoy the benefits of being based in Dubai, including access to infrastructure and global markets, while also benefiting from the affordability of a free zone.
- Full Ownership: As a foreigner, you receive 100% ownership of your company, along with full rights to receive all profits and capital.
MEYDAN Free Zone (Dubai)
Meydan Free Zone is a premium business setup option situated in the heart of Dubai, near the renowned Meydan Hotel and Racecourse. It’s a great fit for entrepreneurs, consultants, digital startups, and e-commerce businesses who want a Dubai presence without the high cost.Key Benefits of Meydan Free Zone
- Prime Dubai Location: Enjoy a prestigious address in the heart of the city, which adds credibility to your business.
- Flexible & Affordable Licenses: Select from competitive packages that are easily upgradeable as your business expands.
- No Audit or Bookkeeping Hassles: Unlike many other zones, Meydan does not require annual audits or bookkeeping, saving you time and costs.
- 100% Foreign Ownership: You have complete control of your company, with no local sponsor required.
- Mix & Match Business Activities: Start multiple services or product lines under a single license, providing business flexibility.
RAKEZ Free Zone (Ras Al Khaimah)
Ras Al Khaimah Economic Zone (RAKEZ) is one of the most affordable and versatile free zones in the UAE. Located in the northern emirate of Ras Al Khaimah, it serves a wide variety of businesses, from freelancers and small startups to industrial manufacturers.Key Benefits of RAKEZ Free Zone
- Ultra-Low-Cost Setup: Start your business for just AED 12,000*, making RAKEZ perfect for budget-conscious entrepreneurs.
- Industrial & Warehousing Facilities: RAKEZ offers ready-to-use warehouses, land for development, and industrial zones, all of which are ideal for manufacturing and logistics businesses.
- Excellent Connectivity: Get easy access to major ports, highways, and airports, making it a strong choice for import/export and supply chain operations.
- Support for All Business Sizes: Whether you're a freelancer, an SME, or a full-scale factory owner, RAKEZ has customizable packages to suit your business model.
- Customised Solutions: Choose from a wide range of license types and facility options depending on your goals — whether it’s trading, services, or production.
Cost Comparison: IFZA vs MEYDAN vs RAKEZ Freezone
| Free Zone | Starting License Cost | Location | Best For |
| IFZA | AED 14,900* | Dubai Silicon Oasis | SMEs, consultants, tech startups |
| Meydan | AED 16,500* | Downtown Dubai | Freelancers, digital businesses |
| RAKEZ | AED 12,000* | Ras Al Khaimah | Budget startups, industrial units |
How to Choose the Right Free Zone for Your Dubai Company Setup
When you're starting a business in the UAE, setting up a free zone can be a wise choice. Free zones offer benefits like 100% foreign ownership, easy setup, and tax advantages. However, not all free zones are the same; each one is designed for a specific type of business, budget, and needs. Here's what you should think about before choosing one:1. Type of Business
Different free zones are more suitable for various industries.- If your business is in the tech, online services, freelancing, or consulting sector, then IFZA or Meydan Free Zone are good choices. They’re modern, flexible, and business-friendly.
- If you're involved in manufacturing, trading large volumes, or logistics, then RAKEZ (Ras Al Khaimah Economic Zone) is an ideal choice. It features large industrial spaces and offers improved access to ports and highways.
2. Budget
How much money can you spend to start?- IFZA and RAKEZ are known for being more affordable, especially for startups and small businesses.
- Meydan is slightly more premium but offers a prestigious Dubai address and flexible office plans.
3. Location Preference
Do you want your business registered in Dubai, or are you okay with being in another Emirate?- A Dubai-based free zone (like Meydan or IFZA) might give you a better image and trust with clients.
- RAKEZ, based in Ras Al Khaimah, is more cost-friendly and still offers many good facilities.
4. Business Growth
Can the free zone support your growth?- Choose a free zone that allows you to add more business activities, hire additional staff, or upgrade your license easily in the future, without incurring excessive paperwork or costs.
5. Access to Transport & Markets
Are you dealing with goods, exports, or shipments?- Then, pick a zone like RAKEZ, which is well-connected to ports, airports, and highways, making it easier and more cost-effective to move products.
Pro Tip:
There’s no one-size-fits-all. Think about:- What your business needs right now
- What do you want to do in the future
Which Free Zone Should You Choose?
Choosing the correct free zone depends on your business type, budget, and growth plans. Here’s a quick comparison to help you decide:Choose IFZA (Dubai Silicon Oasis) if you want:
- Affordable startup cost (starting from AED 12,900)
- Quick registration (2–3 working days)
- A wide range of activities under one license
- A Dubai address with lower setup costs
Choose MEYDAN Free Zone (Dubai) if you want:
- A prestigious central Dubai location
- No audit or bookkeeping requirements
- The ability to combine multiple business activities
Choose RAKEZ (Ras Al Khaimah) if you want:
- Ultra-low-cost setup (starting from AED 5,750*)
- Warehousing or industrial space
- Excellent connectivity to ports and airports
- Packages customised for SMEs, freelancers, and manufacturers
Still Confused? Ask Yourself:
- What is my business model?
- Do I need a Dubai location, or can I save by choosing another Emirate?
- How much am I ready to spend upfront?
- Will I need a warehouse or an office?
- Do I want fast growth and expansion options?
Recommended Free Zones Based on Business Type
To help you choose the right Free Zone for your company setup in Dubai or the UAE, here's a breakdown of which Free Zone works best for specific types of businesses:For Tech Startups, IT Services & Digital Businesses
Recommended: IFZA or Meydan Free Zone (Dubai)- Virtual license options
- Fast setup and low paperwork
- Suitable for software, app development, digital marketing, etc.
For E-commerce & Online Stores
Recommended: Meydan Free Zone- Located in central Dubai with a prestigious business address
- Virtual office solutions are ideal for online sellers
- Combine multiple activities under one license
For Trading, Import/Export & Logistics
Recommended: RAKEZ Free Zone- Easy access to ports, highways, and airports
- Cost-effective licenses and warehousing options
- Ideal for physical goods, supply chain, and distribution
For Consultants, Freelancers & Coaches
Recommended: IFZA or RAKEZ- Low-cost licenses
- A wide range of professional activities supported
For Manufacturing & Industrial Businesses
Recommended: RAKEZ- Access to large land plots, warehouses, and labour facilities
- Industrial zone infrastructure
- Close to transport hubs for easy shipping
For SMEs & General Services Businesses
Recommended: IFZA or RAKEZ- Affordable and flexible packages
- Suitable for various business activities
- Scalable license structures as your business grows
For High-Image or Prestige-Driven Brands
Recommended: Meydan Free Zone- Located next to the Meydan Hotel and the Racecourse
- Professional image and central Dubai location
- Great for consultants, media firms, or luxury service providers
