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Overview of Location
Nowadays, United Arab Emirates is one of the most popular jurisdictions for business setup and investments in many fields. The UAE government together with authorities of each Emirate are highly focused on turning the country into a global center for cryptocurrencies, modern technologies, attraction of capital and investments, and development of the local economy. Therefore, UAE may be considered the most popular destination to incorporate a company for obtaining an extraordinary number of benefits. In particular, the local legislative framework offers the following for investors bringing into its economy: tax exemption for personal and corporate income, 0% tax burden on capital gains, favorable VISA conditions (up to 10 years), and different types of legal establishments to be incorporated within the country.
Investors are offered to choose either formation of a Free Zone Company (also known as a Free Trade Zone) or a Mainland LLC company. Free Trade Zones are special locations within a particular Emirate that are focused on fostering a specific type of business activities and having special internal legislation. At this time, there are more than 40 different Free zones across the UAE that might be suitable for particular business needs. The most prominent examples could be Jebel Ali Free Zone (JAFZA, Dubai), Dubai Multi Commodities Centre (DMCC, Dubai), Dubai Silicon Oasis (DSO, Dubai), Abu Dhabi Global Market (ADGM, Abu Dhabi), Sharjah Airport International Free Zone (SAIF Zone, Sharjah), Ras Al Khaimah Economic Zone (RAKEZ, Ras Al Khaimah). Contact us or check our Blog and News page to discover more about each type of Free Trade Zone in UAE.
The key difference between Free Zone Company and Mainland LLC company lies in the markets where the companies are allowed to operate. While Free Zone Company can operate either within the Free Trade Zone or worldwide but it has no legitimate right to trade within the local market of the United Arab Emirates. In its turn, Mainland LLC or Establishment company is granted to trade globally as well as possess the right to operate within the UAE. In this case, the VAT has to be applied (5% only).
The UAE’s state policy is aimed not to stop on the current achievements but to continue with building plans for the upcoming future. The country as well as its government are open to cooperate with businesses in all fields including but not limited to Finance, Real Estate, Agriculture, Education, Medicine, Research & Development, and many more.
The anticipated plans as per agenda show that this country will remain the center of investment and business interests for the following decade and will discover even more opportunities for the businesses entering into this market. These days, it is considered as the best time to incorporate a company in UAE whether in one of the Free Zones or mainland company to be able to join the upcoming era of future. Contact us today to get more information about opportunities to be discovered upon setting up a company in UAE and becoming a resident duly established business and investment interests.
Required Documents
List of files necessary for setup.
- Application form;
- Copy of passport;
- Copy of utility bill.
- Additional documents may be required - subject to location.
Features and Benefits
Peculiarities associated exactly with this jurisdiction.
![Dubai mainland/Free Zone company formation. Register a company in Dubai (AE)](https://www.corpheroes.com/wp-content/uploads/2023/05/dubai-3671752_1280.jpg)
![Emirati offshore company formation, Emirates Limited (LTD) company formation](https://www.corpheroes.com/wp-content/uploads/2023/05/dubai-5740306_1280.jpg)
- Mainland or Freezone company depending on your choice;
- Business License renewal;
- Preparation of company accounts and audit;
- Virtual office (for Freezone company);
- Visa for investor and family members;
- Assistance with Dubai Real Estate-related matters;
- Local registration - Ejari (Dubai Land Department);
- Assistance with local account opening;
- Visa acquisition process (additional);
- Maintenance and annual review of UBO register.
Formation package includes:
- Our genuine daily support;
- UAE duly licensed company ready for operations;
- Opportunity to relocate under business visa.
Formation Steps
Define your business activities and choose a name that suits your brand.
Name check and reservation. Preparation of the KYC (Know-Your-Customers) and other due diligence files.
Registering an entity with the local registry. Acquisition of the corporate files.
Corporate accounts opening.
Need more details?
Inquire now to get all information about this jurisdiction.
Related Services
Highest compliance with international standards and tax exemption for Authorised Companies
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