What are the key differences between freezone and mainland companies in the UAE?

The primary distinction between freezone and mainland companies lies in operational jurisdiction. Freezone companies are restricted from conducting business outside their designated area without the assistance of a local agent. However, they benefit from 100% ownership of shares and the ability to repatriate profits. In contrast, mainland companies have the flexibility to operate their business activities throughout the UAE. It is important to note that professional licenses for mainland companies no longer necessitate a local agent.