UAE Mainland vs Free Zone: Key Differences
Published by Corpy
https://corpy.xyz/uae-dubai/free-zones/uae-mainland-vs-free-zone
Corpy business-formation guide, fact-checked and corrected.
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Correction
Correction history
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Before
Since Federal Decree-Law No. 32 of 2021, which amended the UAE Commercial Companies Law, foreign nationals and foreign-owned entities can hold 100% ownership of most mainland company types.
AfterSince Federal Decree-Law No. 26 of 2020, which amended the UAE Commercial Companies Law and took effect June 1, 2021, foreign nationals and foreign-owned entities can hold 100% ownership of most mainland company types.
Why: The 100%-ownership reform was wrongly attributed to Federal Decree-Law No. 32 of 2021; the actual amending law was Federal Decree-Law No. 26 of 2020, effective June 1, 2021.
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