Free Zone Incentives An FZE or FZC is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. Free Zone Establishment (FZE) is a single share holder limited liability company which can be incorporated in all UAE Free Zone.
Why form a company in UAE free zones?
The main attraction in forming a company in UAE Free Zones is that there are no foreign ownership restrictions and companies are governfored by an independent Free Zone Authority (FZA), which is responsible for issuing operating licences and regulating the activities of companies within the Free Zone.
What is the audit procedure for FZE / FZC?
FZE/FZE should submit its audited financial statements to UAE Free Zone Authority every year within 3 months from the end of the financial year. There should be at least 2 Directors and a Secretary for FZE / FZC’s.
What is the difference between FZE/FZE and FZC/FZC?
FZE Implementing Rules and Regulations are equivalent to its Memorandum and Articles of Association where as FZC Implementing Rules and Regulations are equivalent to its Articles of Association. FZE/FZE should submit its audited financial statements to UAE Free Zone Authority every year within 3 months from the end of the financial year.
What is the magtek brand center?
The MagTek Brand Center is your access to branded assets supporting you with logos, images, usage rights, guides and more. Experience our hardware, software, and services at one of our upcoming shows and check out the Events Page to see where we will be next.
When is scheduled maintenance planned for magtek?
Scheduled maintenance is planned for 3:00 pm PT on Saturday, April 17th. MagTek.com may be unavailable for up to 90 minutes. We recommend performing online orders or downloads of documentation and/or SDK materials before or after this period of time.
