💼 Company Formation & Ownership (New-Updates)

1. Can Non-Residents Set Up a Free Zone Company?

Yes, non-residents can establish a Free Zone company in UAE without relocating.

2. Is There an Age Limit for Free Zone Company Ownership?

You must be 18 or older to own a UAE Free Zone company.

3. Can a Corporate Entity Own a Free Zone Company?

Yes, corporate shareholders are allowed with Free Zone Authority approval for UAE business setup.

4. Do I Need to Visit the UAE for Company Formation?

No, many Free Zones offer fully online setups for remote UAE company registration.

5. Can I Change My Free Zone Company’s Name?

Yes, with Free Zone approval and updated documents for UAE business compliance.

6. What Happens If a Shareholder Exits a Free Zone Company?

Shares can be transferred or sold with Free Zone Authority approval for seamless UAE ownership changes.

7. Is a Business Plan Mandatory for Free Zone Setup?

Most Free Zones require a business plan, but some accept simplified versions for UAE company formation.

8. Are There Nationality Restrictions for Free Zone Ownership?

No, any nationality can own a UAE Free Zone company without restrictions.

9. Can I Form a Holding Company in a Free Zone?

Yes, zones like ADGM support holding companies with 0% tax on qualifying income.

10. How Do I Close a Free Zone Company?

Submit a closure request, settle liabilities, and obtain Free Zone clearance for UAE business dissolution.