Company type
Private Limited Company (LLC or Freezone Company FZE)
Information published relating to company officers
No public register of company owners
Accounting requirement
Yes but not publicly accessible
Taxation
No taxes on foreign profits. 5% if trades are made within the country.
Legislation
Modern offshore legislation for Freezone or Local Legislation for LLC
Standard currency
Emirati Dirhams (AED)
Time to form
Fast : 1 week formation time.
Stability
Stable jurisdiction with very good reputation.
Secretary required
No
Paid up capital requirement
No capital required
Basis of legal system
Islamic Law
Minimum directors/shareholders
Minimum of 1 director and 1 shareholder.