UAE company registration types include: Mainland Company (Economic Department Company), Free Zone Company (Free Trade Zone Company), and Offshore Company.
The UAE mainland is the hub of most commercial operations. This area is also known as the onshore company creation zone. The entire geographical area granted by the Economic Development Department (DED) of each emirate to all commercial entities to freely carry out business functions is called the UAE mainland. Mainland companies are suitable for industries requiring local engineering and retail store setups.
The UAE Free Zone is a special economic zone established to promote international trade and investment, allowing enterprises to enjoy 100% foreign ownership and tax exemption policies. These zones offer advanced infrastructure and a flexible business environment, attracting global companies to set up headquarters and operational bases, thereby fostering the UAE's economic development and internationalization.
UAE offshore companies can currently be registered in Dubai, Ajman, and Ras Al Khaimah; they offer advantages such as 100% tax exemption, 100% anonymity, no physical office presence, and no audit requirements; however, they are not permitted to conduct business within the UAE or open corporate bank accounts in the UAE.
Establishing a company in the UAE presents numerous opportunities. With its strategic location and business-friendly policies, the mainland attracts entrepreneurs looking to establish a presence in the region. Setting up a company in Dubai, whether on the mainland or in a free zone, requires navigating regulatory frameworks and compliance procedures.
Ras Al Khaimah offshore companies cannot employ employees in the UAE, nor can they apply for resident visas under their company names.
Yes, UAE free zone companies allow 100% foreign ownership, without the need for local partners, and foreign investors can fully control the company. Currently, UAE Ministry of Economy companies also allow 100% foreign ownership, but some industries still require joint ventures with local partners and local sponsors. (Provided by Adam)
When registering a company in the UAE, you can choose between a Ministry of Economy or a Free Zone Company, depending on whether you have a physical office, business scope, and customer base. If the company will operate locally and sell products to locals, it is recommended to set up a Ministry of Economy Company; if you do re-export business or open a local bank account, it is recommended to set up a Free Zone Company. (Provided by Adam)