Mainland vs Free Zone Company in Dubai
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Ingredients
- Mainland company: more expensive, requires more fees, taxed at 9% starting in 2023, allows for doing business in UAE, easier to get a bank account and rent offices, faster incorporation process, can own property in the company's name, requires an agent to establish the company
- Free zone company: cheaper, tax-free, limited to doing business within the free zone, slower incorporation process, harder to get a bank account and rent offices
Instructions
- Determine if you need a mainland or free zone company based on your business needs and goals.
- If you need to do business in the UAE, rent an office, and have better relationships with banks, choose a mainland company. Be prepared for higher costs, taxes starting in 2023, and the need for an agent to establish the company.
- If you only need to do business within the free zone and don't require a bank account or office, choose a free zone company. Be prepared for a slower incorporation process and limited business opportunities.
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