Types of Company Formation in the UAE
1. Mainland Company Formation
Mainland companies allow you to trade freely within the UAE market and globally. You can open an office or retail space and hire employees easily, as there are fewer restrictions compared to other types of business setups.
2. Free Zone Company Formation
Free Zones offer 100% foreign ownership and are ideal for companies that focus on international trade. Each free zone has its own set of regulations and business activities, making it crucial to choose the right one for your business.
3. Offshore Company
An offshore company is perfect for businesses that do not intend to operate within the UAE but want to benefit from the country’s tax-free regime. Offshore companies are generally used for international trade and asset management.