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Business Link UAE is one of the authorized consultancies for company formation in Dubai, offering all kinds of professional business setup services all around the UAE. <br>Visit: https://www.businesslink.ae/ <br><br>Source: https://businesslinkcompanysetupuae.blogspot.com/2020/11/Difference-Between-Dubai-Mainland-and-Free-Zone-Company.html
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What is the Difference Between a Dubai Mainland & Free Zone Company By Business Link
Overview If you're planning to Set Up a business in Dubai, first you will have to decide the type of jurisdiction you want to set up. ❖ Dubai offers different options for foreigners like Mainland LLC or Free Zone Company. ❖ Both options had their pros and cons, so before making a choice you have to do deep research on this. ❖ In this, we just point out a few Differences Between the Mainland and a Free Zone. ❖
The Mainland is also termed as an 'onshore company'. ❖ Mainland Company Choosing the Mainland means starting a business anywhere ❖ in the UAE outside of a Free Zone. The Mainland company License was issued by the ❖ Department of Economic Development(DED). The business in the Mainland will allow doing the business ❖ activities throughout the UAE, it can work inside or outside the UAE without any restriction.
Freezone is another legal form of business. ❖ Free Zone Company UAE has over 35 Freezone, more than 20 are located in Dubai. ❖ And one of the main advantages of setting up a company in ❖ Freezone is 100% foreign ownership of the enterprises. Freezone can be up to 5 shareholders. ❖ Free Zone Company (FZC) will be incorporated with multiple ❖ shareholdings (maximum 5 shareholders).
Just point out some difference between Dubai Mainland & Free Zone Company Dubai Mainland Company Free Zone Company Minimum of 1 person and a maximum of 50 shareholders'. Local sponsor is needed. 100% foreign ownership of the enterprises No need for UAE Local Sponsor Ownership You can do your business anywhere in the UAE Market without any zone restriction. can do business within the Free Zone or outside the UAE only Scope of Business Minimum of 140 sq ft of office space is needed Physical office space is not mandatory Office Space No visa limitation Only a limited number of visas will be allowed Visa Require standard government approvals Do not need approval from external authorities Governmental Approvals Mandatory Auditing is not necessary Auditing Source: shorturl.at/tAEU3
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