Free Zones are favourable to those
individuals or entities that wish to trade internationally and not locally
(UAE). Free Zones are restricted to their jurisdictions only. There is a little
flexibility in the said rule that if you wish to trade outside free zone then
your transactions will be subject to 5% duty further you need to appoint a
distributor or agent to do the same.
Meanwhile an onshore or a mainland
company can trade in locally and internationally however the share division
will be 51% local and 49% expat .
I
hope this will help you all build a perspective. For more information
RIZWAN ANJUM
Mobile: +971 50 794 6180
Skype : rizwan_ach
Email: bizzadvisors@gmail.com
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