Dubai looks more and more like the ideal place to setup a company. With easy geographical access to the tiger economies of the East and perfectly placed to access the growth and cash rich economies of the gulf as well as being by far the most live able place in the Middle East and with no tax, low rents, a free lifestyle and great weather, Dubai company setup makes the perfect choice. There has never been such a growing charm […]
To date, there are at least quite a number of business structures/forms that are legally permissible to do business in Dubai. Here is a list of the required documentation for Dubai Company Formation, referring to the most commonly-used vehicles. Dubai Company Formation Options 1. Limited Liability Companies Documents needed for Registration of Business and Trade Name ( Limited Liability Company) First: Documents required for Initial Approval Registration and licensing application, as well as proof of reserved trade name Photocopy of applicant’s […]
Setting up a business entity in one of the United Arab Emirate’s Free Trade Zones (FTZs) may be an engrossing alternative for foreign investors. For investors who are considering to physically moving (part of) their business to the UAE, a Free Zone Company is the obvious choice. Free zone companies also meet the growing necessity in international tax planning of having necessary substance. This is often impossible to deliver from the traditional offshore jurisdictions since they typically only offer an IBC regime. […]
United Arab Emirates (UAE) is one of the most popular trading environments in the Gulf and an ideal location for mainland company setup due to its strategic location (situated midway between Africa and CIS countries, and Europe and the Far East), vibrant economic policies, and positive planning. As per the mainland company incorporation law, a UAE national has to mandatorily hold at least 51% of total equity in any commercial company, except in the following cases: Activities with 100% GCC […]
Going offshore has become increasingly popular in recent years as a way of managing modern business, mainly as a cost-efficient and tax-efficient strategy for entrepreneurs. Important prima facie benefits of an offshore company include freedom of operations, confidentiality and ease of running business. An offshore company established in the UAE is ideal for any type of business that does not require a local office. This includes any passive investment activity e.g. holding shares in local or free zone companies, holding UAE real estate, or […]
Each and every year, more and more individuals and businesses express their interests to register a company in Dubai. The authorities of the Emirate have deliberately sought to create an environment which is well ordered without being unduly restrictive. The incorporation procedure is a simple step by step process and does not require endless visits to a lawyer at every juncture of company formation. The steps required to register a company in Dubai Business people in Dubai should know that […]
The are a number of benefits that one can take advantage of through company formation in an offshore tax haven country. Currently, UAE’s ratings are increasing among other traditional jurisdictions and the country is now a leading offshore tax haven offering a number of options across different Emirates and authorities. UAE a stable and wealthy offshore tax haven The UAE is an attractive offshore tax haven for investors to locate their business interests for the following reasons: no corporate and income taxes, […]
A bank account is definitely one of the most important requisites of starting a business. The UAE has a reputation as a global leader in banking, so opening an international bank account in UAE should never be out of the question. UAE International Bank Account Benefits Here is a list of benefits of the UAE relating to safe banking in a rich and economically stable country with huge financial reserves: Safe and adequately capitalized solid banks with 100% government guarantees […]