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Formed with one shareholder, either an individual or a company. The minimum capital requirement depends on the activity.
Formed with a minimum of two and a maximum of five shareholders, either individuals or companies, or a combination of both.
The license allows an existing local/foreign company to open a representative office or branch within the free zone. The license allows an individual to conduct business as a freelance professional.
Founded with a mission to “facilitate and promote technology-based industries, research and development within a fully integrated community”, Dubai Silicon Oasis has had an unprecedented effect on the technology landscape of the UAE.
The free zone is equipped with state-of-the-art facilities, business services and entrepreneurial support to sustain and empower both small and large enterprises.
Most Free Zones themselves have a variety of options for coworking spaces, offices, warehouses, and other facilities that are either fully equipped or customised according to your need. Mainland companies can take up commercial spaces anywhere within their emirate of incorporation.
Due to the range of requirements and specifications for each setup, the costs can vary significantly. Worldwide Formations offers its clients exclusive packages starting from AED 5,275 (USD 1,437).
One of the most fundamental distinctions between the two is that a Free Zone company can only do business with the UAE market through a third-party supplier or partner. On the other hand, a Mainland company can carry out B2B and B2C activity anywhere in the UAE.