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Formed with one individual, 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.
Hamriyah Free Zone Authority is located in Sharjah and is the second-largest free zone in the United Arab Emirates.
HFZA is a sought-after regional base by global investors due to its strategic location that connects major trade routes through Asia, Europe, and Africa, and unrestricted access to a growing market of over two billion people.
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.