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Formed with one shareholder, either an individual or a company. The minimum capital requirement depends on the activity.
Formed by a minimum of two shareholders, either individuals or companies or a combination of both. The minimum capital requirement depends on the activity.
The Dubai Technology Entrepreneur Centre is a technology innovation hub offering coworking and event spaces for start-ups and young businesses. Located within Dubai Silicon Oasis, DTEC provides the conglomerates of tomorrow a range of small and large flexi-offices in a highly fertile, creatively charged, collaborative environment, to build and flourish over the long term.
The Incubator at DTEC also offers venture capital and seed funding for young businesses, in addition to holistic mentoring and support for strategic business planning, finances, and much more.
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.