Starting a business in the UAE? Here’s the gist freezone vs mainland

[Andy]

Mainland: Think of it like setting up shop right in the heart of the city. You’re onshore, close to everything, and can do business with anyone, anywhere. You’ll have to follow local rules a bit more closely, but you can own `
Registered with the Department of Economic Development in each emirate.
Various types including Sole Establishment, Limited Liability Company, Branch of Foreign Company, Representative Office, and Civil Company.
Can trade with mainland, free zones, and internationally.
Taxation: 0% corporate tax, but expect 9% from 2023.
Setup costs and procedures are more comparable to free zones now.
Presence required during setup.
Financial audits mandatory.
Ownership: 100% possible for most activities.

Free Zone: Picture yourself on a little island just off the coast. You get some special perks like no taxes and easy setup, but you’re a bit more isolated. You can mainly do business with others in the free zone or internationally. And while you still own your business completely, there are some limits on what you can do.
Over 40 free zones offering tax exemptions, remote registration, and 100% ownership.
Examples include DMCC, JAFZA, DIFC, and more, each specializing in different sectors.
Can trade within the free zone and internationally.
No corporate tax.
Remote setup possible.
Financial audits generally not required.
Ownership: 100% foreign ownership allowed.

not sure what one to go for DM me

[Author]

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