Many entrepreneurs like you would have come across the terms Freezone Company (FZC) and Freezone Establishment (FZE). But what exactly are they?
The FZE and FZC are two different business structures that are available to set up your company in the UAE freezones. Each has its benefits and features, and understanding them is essential to launch a successful venture.
Read this article to learn more about these structures.
Freezone Company | Freezone Establishment |
Multiple shareholders can own this business structure. | A freezone establishment can only have a single owner. |
Requires higher share capital. | It has lower share capital requirements and is more flexible for individual investors. |
Shareholders are only responsible for the shares they own in the company. | As a single owner, you are directly responsible for business decisions. |
Can have a board of directors and various management roles | A single individual manages it |
Flexibility to engage in multiple business activities. | Can engage in limited activities depending on the specific free zone regulations. |
Regardless of the legal structure you choose, other steps like submitting proper documentation and availing licenses play an equally important role. However, you can simplify your Dubai freezone company formation process by taking the help of business setup consultants in Dubai. Their expertise will guide you throughout the process and ensure compliance with local laws and regulations, giving you the confidence to start your venture. Get in touch with one soon.