Mainland company formation
The department of economic development (ded) is responsible for mainland company formation in dubai. All companies licensed to operate under this authority can conduct their business operations locally and in the international market. To form a company or set up a business in the mainland is a long and tedious process involving a lot of paperwork and approvals. Almost all business owners take aid from management and financial consultancies for these.
Dubai information center guides and supports you throughout to help you set up a mainland business in dubai in the most cost-effective manner quickly. By assisting in the mainland company registration, trade licensing, pro services, and visa processing, through our expertise and contacts at various government organizations, we make possible what would have seemed impossible to you otherwise. It is mandatory to have a local partner to set up a mainland business in dubai and we become one to you in every sense- dedicated, dependable, and trustworthy.
Freezone company formation
A major challenge in setting up a business in the uae is the requirement to have a uae national as a partner with more than half of the shares being owned by them. But free zones have turned out to be a solution to this problem, as they offer complete tax-free ownership to operate any international business- manufacturing, import, or export of goods and services. These free zones located in every emirate at strategic locations near airports, seaports, and national borders have turned out to be the hubs for commerce and trade. The opportunity for entrepreneurship in these free zones has contributed tremendously to the growth of the economy.
List of free zones in the UAE
UAE is home to nearly 50 free zones located across the length and breadth of the country. They have attracted non-residents to set up businesses and form companies escalating the annual GDP by many folds. Albeit the difference in setup cost and paperwork involved, the basic requirements to set up a business in these free zones remain the same.
The most prominent free zones in the UAE are:
- DAFZA : Dubai Airport Free Zone
- JAFZA : Jabel Ali Free Zone
- SHAMS : Sharjah media city
- AFZ : Ajman Free Zone
- RAKEZ : Ras Al
- Khaimah Free Zone
- Hamriya Free Zone
Entities eligible to set up a business in free zones include:
- Branch of an existing local or overseas company.
- Single shareholder held- free Zone Establishment.
- Free Zone Company with up to 5 shareholders.
The notable advantages of setting up a business in any of the free zones would be:
- 100% foreign ownership.
- 100% exemption from corporate, personal, and income taxes.
- Exemption from import and export duties.
- 100% free transfer of funds.
- Availability of factory and office spaces on lease or sale.
- 3-year resident visa.
- Affordable freight charges
The government of UAE has made the setting up of businesses and companies in these free zones liberal to encourage foreign investment. This has indeed been a boon to the economical growth of the country. We, at Dubai Information Center, have a team specially assigned to company formation in the UAE free zones that assist entrepreneurs to go about the free zone company formation.
Offshore company formation
The government of the UAE introduced the concept of offshore companies in 2003. Since then, they have contributed immensely to the growth of the economy. Owned by a non-resident individual or corporate, these companies do not need to have an office in the UAE, yet can operate seamlessly. They can avail tax exemptions apart from other financial assistance too.
Why offshore companies are on the rise in UAE?
- Ownership allowed for non-UAE residents or corporate enterprises.
- The owner need not be present in the UAE during company formation.
- Cost-effective as it doesn’t demand a physical office.
- They are allowed to operate businesses outside of UAE.
- Maintenance of worldwide bank accounts.
- Complete tax exemption- including income tax, corporate tax, export, and import taxes.
- Enables company formation within 2 or 3 days.
With the flexible regulations involved in setting up an offshore company in UAE, many foreign investors are enthusiastic about setting up companies in Dubai, RAK, JAFZA and Ajman, the most prominent offshore options in UAE.
We, at Dubai Information Center, are a registered agent to help international clients in the procedure involved in setting up an offshore company in UAE. By helping to protect assets, limit liabilities, and evade taxes, we help you incorporate an offshore company in Dubai that brings in maximum profits with minimum investment.