أسئلة وأجوبة
Can I open a free zone company in Dubai and to have subsidiaries in other countries?
I am planning on setting up a company in a free zone in Dubai (DUQE or Meydan).
The company will not be conducting any business activities in Dubai but will be mainly formed to fully own an existing consulting and innovation hub company in Tanzania.
The reason we are registering a company here is to make it easy for us to raise investments.
I wanted to know:
1- if any of the laws in the UAE prohibit free zone companies from owning subsidiaries abroad
2- if there is any requirement to register foreign subsidiaries with any authority in the UAE
3- if there is any ban on free zone companies raising money that will be used to fund its subsidiaries and operations abroad
4- if there is any requirement for free zone companies in the zones mentioned above to submit audited financial statements or reports on an annual basis
Thanks in advance

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