What are the distinctions between mainland, offshore, and free zone businesses?
Mainland companies have a higher tax rate, they are subject to the M&A laws, the government also controls them. The offshore company is not controlled by the government and it can enjoy lower taxes and easier M&A. The free zone company has even lower taxes but doesn't have as much freedom as an offshore company. It's more like a local subsidiary of a foreign company. What are the advantages of using an offshore and free zone company in Dubai ? For a foreign investor, the advantage is that you don't need to get permission from the government to set up a company. Also, it's very easy to transfer money and goods into and out of the UAE. What are the main differences between a free zone company and an offshore company? The main difference is that a free zone company is owned by a local company, while an offshore company is owned by a foreign entity. It's also easier to transfer money and goods in and out of the UAE for a free zone company. However, for ...