In the UAE, “Onshore” refers to the parts of the UAE which are outside the Free Zones.
A company incorporated in the UAE but not in one of the Free Zones.
A contractual right (but not an obligation) to buy or sell an asset at a specified price on a specified date. On ScaleUp, the particular type of option being referred to is the right to buy Ordinary Shares (unless otherwise indicated). Options may be used as part of an incentive scheme (for example, an Employee Share Option Plan).
The basic form of a share in the company’s capital and the most common. Ordinary shares have voting and economic rights (i.e. the right to receive dividends). Ordinary shares are often held by founders, employees and angel investors. Preference shares have additional rights and priority ahead of ordinary shares.