Whether you are a start-up, an SME or a multinational, FREEZONE companies facilitate business activities in:

  • Services
  • Trading
  • Industrial
  • E-commerce

The advantages of Freezone

  • 100% owner of your company
  • Repatriation of 100% of capital and profits
  • No corporate tax
  • No income tax
  • Ultra simplified accounting
  • No trade barriers or quotas
  • High quality infrastructure
  • Simple import and export procedure
  • Imports / Exports not taxed
  • No restrictions on hiring expatriates
  • 3 years residence visa in the United Arab Emirates

Mainland License

What is a Mainland License?

A Mainland company is a company registered with the DED (Department of Economic Development).

The Mainland License opens business opportunities on the domestic markets of the United Arab Emirates it allows to exercise any industrial, commercial, or tourist activity. Some professional activities are excluded under DED’s trade regulations, and others require approval from the authorities that regulate those activities.

According to UAE corporate law, a Mainland company must have a local partner or a local service agent. Foreign investors can set up their business through a partnership where 51% of the shares of the company are owned by UAE nationals or opt to set up a sole proprietorship to own 100% of the shares. Some business activities are restricted to UAE nationals.

Shareholders must provide all foundational documents and processes, including the appointment of a director by Memorandum of Association (MOA) or service contract, for a limited or unlimited period. The owner must designate a minimum of one manager and a maximum of five managers for the company.

  • LIMITED LIABILITY LLC (2 or more shareholders) The general ownership pattern of LLCs is as follows • UAE National Sponsor = 51%. • Foreign shareholder (s) = 49%
  • SINGLE ESTABLISHMENT COMPANY = Local agent • Foreign shareholder (s) = 100% • UAE national = 0% Agent

Offshore

A company offshore company has its registered office in a foreign country, where it does not carry out its activities and where the directors are not resident. The offshore company can be owned by natural or legal persons and is a business entity that does not carry out any significant business activity in its home country.