Free Zone Company
A free zone company is registered with a free zone authority and does not require any local UAE citizen shareholding. Foreign citizen(s), company (s) can own 100% shares in the company.
A free zone establishment has only single shareholder whereas a free zone company generally has 2 to 5 shareholders.
It normally depends on the free zone where you register the company and the office space you lease from the respective free zone. Some times this is also governed by the packages you opt for.
Most of the free zones have offices, warehouses and open land for light industrial units.
Mainly it is 100% ownership to foreigners and 100% tax exemptions apart from various other exclusive facilities.
Every free zone has its own set of approved activities.
This decision is mostly based on the cost factors, no. of visas required, business activity you choose for trade license, distance from other emirates and finally personal choice.
Yes it can trade internationally on its own and also locally through a registered dealer or agent under the rules and regulations of the respective free zones.
You can open as many companies as you want in one or more free zones.
Yes, as per the choice of the investor.
Every free zone has its own requirements but generally it varies between AED 100,000 to AED 1 Million (approx. US $ 27,250 to US $ 272,500).