A Free Zone Company is a business entity established within a foreign country. It has a unique set of advantages over an onshore company, such as a lower tax rate and more flexible visa requirements. For example, companies in the UAE can have 100% foreign ownership, the free import, and export taxes, no personal income tax, and other benefits. To start a business in the UAE, you will need to select the name and legal form of your business, and then you can choose the business structure.