UAE features as the 3rd least financially complex nation in the World Financial Complexity Index 2017. Only behind British Virgin Island and Cayman Islands, UAE is 3rd best-place to do business in the world as far as local accounting and Tax Compliance is concerned. Above this Dubai (UAE) has a strong reputation as an International Financial Center along with being one of the most-vibrant-multicultural cities in the world.
We can advise & guide you to establish your Offshore/Free Zone/LLC Company in UAE in any of the 35+ Free Zones and Offshores in UAE. Once you have your company in UAE, we would guide and handhold you in establishing your business, ensuring you are regulatory compliant always and would be partners in the growth of your business.
Our Services :
- Mainland Company Formation – Dubai, Abu Dhabi, Sharjah & Umm Al Quwain.
- FreeZone Company Formation – In all the FreeZones across UAE.
- Offshore Company Formation – Jebel Ali (JAFZA), Ras Al Khaimah (RAK) & AJMAN in UAE, and any other jurisdiction as you desire, across the globe.
- Company Liquidation
- PRO Services – Applying Residence Visa, Assistance in Bank A/c Opening, Dubai Customs Registration, Applying Tax Residency Certificate, & Documents attestation
A foreign company wanting to start a business in the UAE can choose to set up operations as a branch, representative office or registered company, or it can appoint a commercial agent to sell its products in the UAE market or export them. New companies can also choose to conduct their activities from a Free Zone, which is a designated, self-regulated area set up to catalyse economic activity within an emirate and is governed by its own set of rules and regulations. There are around 40 Free Zones in the UAE, with more under development.
Foreign ownership restrictions are contained in the Commercial Companies Law (CCL), which requires that UAE nationals or their wholly owned companies hold a minimum of 51% of the shares of all companies established in the UAE. The CCL provides for the establishment of the following business entities for foreign investors: joint stock companies (JSC), limited liability companies (LLC), unincorporated joint ventures and branch offices of foreign companies. The CCL does not apply to companies that are established in the free zones.
It is important to have a full understanding of your options before deciding how to establish your company’s presence in the UAE. Overall growth for your company in the UAE can be hampered by making the wrong choice, so please consider the following points when deciding the best structure for your needs.
- The current nature of your business
- Business expansion plans
- Current capital to invest
- Need for outside investors, or desire to attract investors in the future
- Tax implications of structure
- Personal liability and company risk
- Audits and other requirements to remain compliant locally
- Mixture of Persons and Companies
If you have any questions or would like to find out more about how we can help please contact email@example.com