AE_2509 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/AE 2509
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | AE_2509
|
| Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) | AE_2509
|
| The country a linked concept is active or generally relevant for. Country scope | AE (United Arab Emirates) |
| Language-specific name. Monolingual name | Free Zone Company (en) |
| Language-specific main abbreviation. Monolingual main abbreviation | FZCO (en) |
| Abbreviation which is also valid and used in practice. Alternative abbreviation | FZC |
| Informal and comprehensive human-readable definition of a concept. Description | A Free Zone Company is a multi-shareholder limited liability corporation formed inside a UAE free zone to leverage relaxed foreign ownership, tax incentives and simplified import/export procedures. In AE it is widely used by international groups needing collaborative ownership and operational flexibility. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Unknown |