United Arab Emirates - Company Incorporation

UAE is a Zero Tax jurisdiction nationally and for non residents and has double taxation and foreign investment protection agreements with selected countries. These are aimed at making it more attractive for business and investments. As a result, income and profits from UAE are not taxable.

We can assist in customized structures and setting up of companies in UAE. This includes cross border joint ventures or representative commercial arrangements.

A UAE Company is an excellent, tax-efficient corporate vehicle through which international business can be conducted. The following information will help you determine if a UAE IBC is the optimum corporate vehicle for your business.

Advantages of UAE Free Zone formations:

  • 100% Ownership
  • No Corporate Taxes
  • No Personal Taxes
  • No restriction for Capital & Profit repatriation
  • No restriction on Investments
  • No Import or export duties for re-export
  • Political Stability
  • Currency stability
  • A UAE Company will not be perceived as an Offshore Company in a tax haven. It is a legitimate corporate vehicle domiciled in a reputable, highly regulated, international trading jurisdiction
  • Easy to open corporate bank accounts worldwide for a UAE Company

Uses of a UAE FZ Company:

  • A UAE Company if properly structured is the perfect entity to book international profits without paying local corporation tax.
  • It is an excellent vehicle to promote to investors and venture capitalists because, of the positive image of a UAE Company.

Starting a Business in the United Arab Emirates

Submit an application and proposed company name to the Department of Economic Development for an initial approval
Draw up the company's Memorandum of Association and have it notarised by a Notary Public in the Dubai courts
Deposit the required initial capital in a bank and obtain a bank certificate
Submit the documents to the DED for approval
Seek approval of use of the premises from the Planning Department of Dubai Municipality
File company documents with the Department for Economic Development (DED) and obtain copies of Trade License and Commercial Registration Certificates
Deliver the copies of the documents to the Federal Ministry of Economic and Commerce; Publish the company documents in the Ministry's Bulletin
Register with the Dubai Chamber of Commerce and Industry