What is the difference between Freezone, Offshore and LLC
February 26, 2018
The different types of companies available in United Arab Emirates are as follows:
LIMITED LIABILITY COMPANY(LLC):
- Local & International Trade allowed
- Office required
- Visa provided
- 51% shareholding held by local U.A.E. national except for professional licenses, where 100% shareholding is allowed
FREE ZONE COMPANY:
- International Trade is allowed and local U.A.E. trade is possible only through a local distributor
- Office or Virtual Office required
- Visa provided
- 100 % Foreign shareholding allowed and no local sponsor required
OFFSHORE COMPANY:
- Only International Trade allowed
- No office required
- No Visa provided
- 100% Foreign shareholding allowed and no local sponsor required