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Mainland and Freezone

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Mainland and Freezone

 

What is the difference between Mainland and FreeZone companies in UAE?

 Before you start a business in UAE you must be familiar with the terms “mainland” and “FreeZone”. There are different business opportunities for entrepreneurs as well as the pros and cons associated with these jurisdictions. Many entrepreneurs who are interested in investing in UAE are not properly familiar with the terms “mainland” and “free zone” and it is very important for a businessman or an entrepreneur to have sufficient understanding of such terms.

 

What is a mainland company?

 A mainland company is defined as an offshore company in Dubai. Mainland company is completely licensed by the Department of Economic Development (DED). The best part about mainland companies is that it will be able to work within UAE as well as outside of UAE. There will no restrictions. A mainland registered company has great success and popularity in the international market and trade. It is mandatory for a mainland company owner to be fully licensed as a local partner or a National service agent. There is no specific limitation on visa eligibility for mainland companies. Make sure you have enough workspace to run a mainland company.

 

What is a Freezone company?

A Freezone company, on the other hand, is an independent business entity with its own rules and regulations. It has the complete choice of conduction business and trade within the UAE as well as outside UAE. One drawback is that the Freezonecompany cannot work in a non-Freezone area. Dubai has multiple Freezone areas. Foreign investors also prefer investing in Freezone companies in UAE. This hopes to protect their assets, give ownership benefits, etc. One of the biggest advantages associated with owning a Freezone company is that you will have 100%

 

What is a Freezone company?

 A Freezone company, on the other hand, is an independent business entity with its own rules and regulations. It has the complete choice of conduction business and trade within the UAE as well as outside UAE. One drawback is that the Freezonecompany cannot work in a non-Freezone area. Dubai has multiple Freezone areas. Foreign investors also prefer investing in Freezone companies in UAE. This hopes to protect their assets, give ownership benefits, etc. One of the biggest advantages associated with owning a Freezone company is that you will have 100% business ownership. This means you don’t have to give any of your company’s share

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