A Free-Zone company can take any shareholding (and thus act as a holding company) in other companies, located in the UAE and outside the UAE. It benefits from the network of double tax treaties signed by the United Arab Emirates. Only the DWC Free-Zone (Dubai World Central located in Dubai South) does not allow it.
Can a Free-Zone company obtain a Tax Residence Certificate?
A Free-Zone company, regardless of its license, can obtain a Tax Residence Certificate from the UAE Ministry of Finance to prove its UAE residency status.
