Company registration in the UAE

The UAE is a federation of 7 emirates, formed in 1971. This oil-rich state has expanded and diversified its economy, and has become a global center for trade, commerce, and finance. Today they are considered a profitable jurisdiction for foreign entrepreneurs. Although the official language is Arabic, English is widely spoken and used in business.
Setting up a firm here is a great option if you plan to optimize your corporation and provide stable, comfortable working conditions. However, if you intend to register a company in the UAE, it will not be easy. It is necessary to know local regulations and traditions and get familiar with how to properly create corporate structures. It is important to consider the legal system of the Emirates, which is based on the Civil Code, the Constitution, the Federal Law, the Islamic Sharia, and the laws of each emirate.

What is establishment registration in the UAE?

This land is a place of hundred opportunities. The Emirates ranks 8th among the top ten most favorable markets for starting retail ventures. Jurisdiction is the 11th in the global index in terms of ease of creating and doing business. Registration of the enterprise allows you to penetrate major markets of Europe, Africa, and Southeast Asia. There are 138 double tax treaties. The corporate legislation is based on the English common law system, as in England and Singapore.
If you decide to register a company in the UAE, then at all phases you will find simple and understandable requirements, political and economic stability, 0% personal income tax, low corporate tax, no requirements for contributing authorized capital. Favorable conditions have been developed for business growth and there are many opportunities for start-ups and foreign investors. The popular areas are IT, financial, business services, tourism, trade, shipping. The infrastructure and economy are developed here. The availability of resources makes it possible to run a profitably mining enterprise.
To summarize, the main benefits of setting a firm in this state are the presence of free economic zones in all 7 emirates, the absence of currency control and regulation by the state, the possibility of duty-free withdrawal of investment capital. There are also no taxes on most activities. There is no public registry here, so the privacy and safety of doing business are guaranteed. Details about the owners and shareholders of foreign corporations are not disclosed, therefore, protection against a takeover of corporate rights is provided at the legislative level.

Our advantages in company formation in the UAE

Using extensive practical experience, our employees will assist you to open a low-tax firm in the Emirates. For successful development, the legal entity must be correctly registered, in accordance with all the laws of the country and the region. Grounded on the type of activity and the requirements of your strategy, our attorneys will help you choose the best form of registration, corporate structure, and advantageous place of business. We check the licenses and status of companies before cooperating with them. Since there is no unified registry, each emirate and free zone has its own company records (for example, Abu Dhabi company register), and provide their own verification capabilities—we will help to make requests.

The process of incorporation in the Emirates

Foreign-born citizens can register an offshore organization, free trade zone business, a limited liability company in partnership with a local national who must own 51% of the shares. Each of the mentioned forms has different operating conditions.
It is essential to select an emirate for accomplishing commercial activities. If company registration in Dubai is more suitable, then one has to choose the type of company, business profile, and location for registration. After that required papers are prepared, notarized, and filed to the state clerk. You can obtain a license for the type of activity you have selected and get a Company Establishment Card. Without it, it is impossible to hire workers and have a resident permit for stockholders. Then you must open personal, corporate bank accounts and rent an office or workplace.

Reviews

Thanks to your team of lawyers for accompanying and assisting in the collection of papers and the very incorporation of my IT firm in FTZ.
I was worried about being included in the UAE business register, but they explained in detail all the intricacies of business confidentiality in this country. Thanks for helping me find the minimum space for my flexi office.

FAQ

The minimum office for company registration in the UAE is 20 square meters.
Umm Al Quwain is the cheapest business opportunity in the Emirates.
If you want to register a business in Dubai, you can find out the cost from our consultants. To do this, leave a request on the site or contact us using the contacts listed on the site.
Foreign individuals can register a company in the Emirates in accordance with the current legislation.
The list of documents depends on various factors. This is the number of shareholders, and their legal status, whether they are individuals or legal entities. If the shareholders are legal entities, then when registering a subsidiary or branch of the company, their corporate documents must be legalized. A different set of documents will be required for the type of company being registered (branch, new company, or subsidiary). Also, the requested documents may differ from emirate to emirate and free zone. If you set up a firm for an individual, a minimum set of documents includes a passport, a 3×4 cm color photography, a utility bill in English. This will indicate which country you are a resident of. In some free economic zones, a business plan is demanded, and you cannot register an enterprise without it. Each specific free zone has its own list of required documents, which will be clarified by our lawyers.
The time for registering your company will vary depending on the selected emirate. For example, in Dubai, registering a company requires much more time. This is due to the increased number of daily requests. Opening a company there can take from 2 weeks to 1 month. In other emirates, the same procedure can be carried out in just a few days. The term for registering a company may increase to several months if the type of activity of the company requires additional permits from local authorities (Ministry of Defense, Ministry of Health, etc.).
Our experts will be able to help you establish a new company remotely with the help of a power of attorney for registration actions. Experts will issue a tax resident certificate, coordinate all business processes in the UAE. But to open an account, you will need to be present in person, and this can only be done in local banks. International financial institutions do not provide account opening services to non-residents.