What is the difference between an FZCO and an FZE in company formations in the Dubai Freezone?

In the Dubai Freezone, there are two main types of company formations: FZCO (Free Zone Company) and FZE (Free Zone Establishment). The key difference lies in the number of shareholders: An FZCO allows for multiple shareholders, whereas an FZE is designed as a sole proprietorship. The decision between an FZCO and an FZE should be made based on the planned ownership structure and the specific needs of your business, which is crucial for the founding process in the Dubai Freezone.

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