Comparison of Offshore and Freezone Companies in the Emirates
There are several types of companies available in the United Arab Emirates, with Free Zone and Offshore companies being the most common options for foreign investors. The choice between these two structures depends on your profile and your specific business needs.
Différences clés entre sociétés Offshore et Freezone aux Émirats
voici un tableau comparatif des sociétés Freezone et Offshore :
| Freezone | Offshore | |
|---|---|---|
| Activity | Throughout the world and in the United Arab Emirates, including Freezones | Everywhere in the world except in the United Arab Emirates |
| Opening a bank account | yes | yes |
| Corporate tax | No | No |
| Tax residency in the Emirates | yes | No |
| Accounting | Yes, in some cases | No |
| Obtaining visas | yes | No |
| Hiring employees | yes | No |
| Ownership of the company | 100% | 100% |
| Repatriation of capital | 100% | 100% |
This table succinctly outlines the differences between Freezone and Offshore companies in terms of activity, opening bank account, corporate tax, tax residency, accounting, obtaining visas, hiring employees, company ownership, and repatriation of capital
Our expertise in company formation in the United Arab Emirates is a valuable asset. Feel free to contact us for expert advice to help you choose the most suitable structure for your needs.