FZC, FZE

Free Zone Company / Solo Establishment

General Features of all FEZ in the UAE:

Share of foreign shareholders/owner: 100%
No taxation
No export and import duties at all
Repatriation of capital and profit: 100%
No currency control and regulation
Prompt residence visa
An opportunity to become the UAE tax resident ОАЭ
A high level of privacy
Availability of commercial, general trade and service licences.

Note:

The number of shareholders for FZC: from 2 to 50
The min. number of shareholders for FZE: 1

The requirement of the compulsory paid up Authorized Capital depends on the FEZ: certain FEZs do not have it at all, an in those where it applies, the Authorized Capital may be subsequently transferred/ withdrawn in full.

Compulsory Accounting Records.

In compliance with the BEPS minimum package requirements, all onshore companies shall demonstrate their economic substance.

BACKGROUND:

FEZ:	Authorized Capital, AED (min):	Authorized Capital Payment:	The permissible number of visas:	Requirements to Office:	Audit:
DMCC × Dubai Multi Commodities Centre: One of five prestigious FEZ in UAE. Wide choice of office facilities.	50K–1M	Mandatory	Virtual office: 3 visas. Physical office: from 5 visas.	Virtual office × Not available for General Trade License. Physical office × From 50 sq.m.	Annually
UAQ FTZ × Umm Al Quwain Free Trade Zone: Fast and simple company registration procedure. Access to the main sea routes. Availability of an option to register a company while a client is outside the UAE. Wide choice of storage facilities. Logistics activity is available.	300K	Not required	Service License: from 2 Commercial License: from 2 General Trade License: from 3 Premium: from 3	Virtual office Physical office	Not required
IFZA × International Free Zone Authority: Fast and simple company registration procedure. Access to the main sea routes. Availability of an option to register a company while a client is outside the UAE.	150K	Not required	Service Licence: 0–6 visas. Commercial Licence: 0–6 visas. General Trade Licence: 1–6 visas. Holding Licence: 0 visas.	Virtual office	Not required
AFZA × Ajman Free Zone: Fast and simple company registration procedure. Access to the main sea routes. Wide choice of office facilities. Availability of an option to register a company while a client is outside the UAE.	185K	Mandatory	Virtual office: 1-2 visas. Physical office: from 3 visas.	Virtual office Physical office	Not required
AMC FZ × Ajman Media City Free Zone: Fast and simple company registration procedure. Wide choice of office facilities. Availability of an option to register a company while a client is outside the UAE.	50-100K	Not required	Business Club: 0 visas. Bronze: 1 visa. Silver Office: 2 visas. Gold Office: 5 visas.	Business Club: workplace × 10 hours/month, maximum. Bronze / Silver: shared office Gold: physical office from 12 sq.m.	Not required
RAKEZ × Ras Al Khaimah Economic Zone: Fast and simple company registration procedure. Wide choice of office facilities. Availability of an option to register a company while a client is outside the UAE.	100K.	Not required	Virtual office: 1-2 visas. Physical office: 3-4 visas.	Virtual office × Not available for General Trade License. Physical office × 9 sq.m. or 15-22 sq.m.	Not required
KIZAD × Khalifa Industrial Zone Abu Dhabi: Fast and simple company registration procedure. Access to the main sea routes. Wide choice of storage facilities.	150K	Not required	For everyone up to 7 visas.	Virtual office E-Office	Annually
JAFZA × Jebel Ali Free Zone: Access to the main sea routes. Logistics activity is available. Wide choice of storage facilities. Wide choice of office facilities.	Not required	Not required	Depends on the office floor space	Physical office is optional × Min. physical office area: sq.m.	Annually

TYPE OF LICENCES:

Commercial License ×Trading permission to a certain group of goods	DMCC	UAQ FTZ	IFZA	AFZA	AMC FZ	RAKEZ	KIZAD	JAFZA
General trade × Trading permission to all groups of goods without restrictions.	DMCC	UAQ FTZ	IFZA	AFZA		RAKEZ	KIZAD	JAFZA
Service License × Permission to provide services in the field of consulting, management, IT, design, organization (exhibitions, shows, auctions), storage of documentation	DMCC	UAQ FTZ	IFZA	AFZA	AMC FZ	RAKEZ	KIZAD	JAFZA
Production License × Рroduction permission of certain products				AFZA			KIZAD	JAFZA
Double License × The option to obtain two types of licenses. For example: Service + Production, Production + Trading, Service + Trading	DMCC	UAQ FTZ	IFZA		AMC FZ	RAKEZ
Holding License × Permission to own shares or stakes in the authorized capital of other companies			IFZA
E-Commerce License × Ecommerce Permission				AFZA		RAKEZ

– If you are interested and would like to get more information or advice on any issue related to the FZC or FZE, just write to me!

Sophia Parkhomenko

Business consultant

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