If planning to set up company in Dubai, it is crucial to understand that establishing a business on the mainland is not the same as starting in free zones. While there are similarities in the process of setting up your businesses, please note the key differences in establishing a business on the mainland.
Ownership
In free zones, foreign investors are allowed 100% ownership. If you’re looking to start business in Dubai mainland, you will have complete control over your business, but having a local sponsor is required.
Authority
Businesses in the mainland are monitored by the Department of Economic Development or DED while those in free zones are regulated by independent governmental bodies or non-governmental free zone entities or authorities.
Location
While companies in the free zone are only allowed to operate in areas within the free zone or overseas, companies in the mainland can do business anywhere in the country and around the world.
from WordPress https://ift.tt/lCf2VO3
via IFTTT
from WordPress https://ift.tt/LsE2NWV
via IFTTT
from WordPress https://ift.tt/o2VTrhy
via IFTTT
from WordPress https://ift.tt/sPu0WFd
via IFTTT
from WordPress https://ift.tt/bkE2uzh
via IFTTT
from WordPress https://ift.tt/l6NvYwD
via IFTTT
from WordPress https://ift.tt/L8fBTMW
via IFTTT
Comments
Post a Comment