Establishing businesses in UAE has multiple benefits. Besides other benefits, it is an excellent way of tax planning since there are no capital gains or personal income taxes in UAE. Company formation in UAE is a reputable, regulated and international trading solution. Further structures such as holding or investment companies can be used. The UAE represents an excellent long-term option and with a tax-free legal base, UAE is a safe haven for offshore and onshore companies.
The UAE economy is divided between the onshore sector dominated by local business interests, with restrictions on foreign ownership, and the offshore sector which consists of a number of Free Zones. Economic activity is regulated separately in each of the seven Emirates as well as by the Federal Government.
Types of Entities possible in UAE Mainland
- Sole Proprietorship
- Commercial agencies
- General Partnership
- Joint Participation Company
- Partnership with limited shares
- Public Joint Stock company (PJSC)
- Private Joint Stock company
- Limited Liability company (LLC)
- Branch of a foreign company
Free Zones
Free Zones were set up to encourage foreign trade and investment. In 1985, the inauguration of Jebel Ali Free Zone (JAFZA) created the benchmark for regulations and incentives proving so successful that the model has been copies multiple times in Dubai and in the other Emirates.
It provides a multitude of incentives, such as 100% foreign ownership of companies eliminating the need of a local partner, low-cost operational environment, full repatriation of capital and profits and exemption from import, export, corporate and personal taxes. Additional support is provided through the One Stop Shop service to help companies expedite the process of obtaining necessary permits, licenses, approvals and clearances from the relevant authorities and find skilled manpower and suitable accommodation.
Major Free Zones
- Ajman Free Zone
- Dubai Airport Free Zone
- Dubai Auto Zone
- Dubai Flower Centre
- Dubai Health Care City
- Dubai International Financial Centre (DIFC)
- Dubai Maritime City
- Dubai Multi Commodities Centre (DMCC)
- Dubai Silicon Oasis
- Dubai Technology and Media Free Zone
- Dubai World Central
- Fujairah Free Zone
- Hamriyah Free Zone
- Jebel Ali Free Zone
- Kizad, Abu Dhabi
- Sharjah International Airport Free Zone (SAIF)
- Ras Al Khaimah Economic Zone
- Umm Al Quwain Free Zone
Our Services
- Assisting in company formation in Mainland and Free Zones
- Renewal of the licenses and maintenance
- Arrangement of UAE national partners
- Offshore company formation and its maintenance