UAE Incorporation
UAE is recognised as the International Trading Hub and classed as the Financial Centre of the Middle East.
More and more companies both multinationals and small businesses have moved their located operations to the UAE to take advantage of the huge potential markets, tax free status and prestige of Dubai. The UAE government stems across the 7 Emirates and has created a safe and secure business environment. In addition they have made it easier for foreign investors to succeed in the UAE.
There are various forms of investment entities available to suit different
business objectives and operations in UAE:
1. Free Zone Establishment (FZE) for individual applicants.
A FZE as the name suggests - is 100% foreign owned and could be a manufacturing fze, consulting fze, trading fze etc. It will allow you greater management control and flexibility.
2. Free Zone Company (FZC) for partnerships.
A FZC as the name suggests - is 100% foreign owned and could be a manufacturing FZC, consulting FZC, trading FZC etc. It will allow you greater management control and flexibility. FZC has exactly the same structure as an FZE but it allows for more than one owner. The documentation required is also different.
3. Local Branch
A local branch can be 100% foreign owned providing the parent company details can be verified. Local Branch does not require capital. A Free Zone local company will appoint the Free Zone as their sponsor but for main stream local branch they will need to appoint a local agent.
4. Limited Liability Company (LLC)
If your investment involves a UAE partner you can set up any type of activity and will be granted local company status. The UAE partner will hold 51% of the company for an annual fee, however the POA will remain with the investor. The UAE partner will not interfere with the business and the investor can be further protected through side agreements.
5. International Company (IC)
UAE International Company provides many benefits. It allows for direct investment into the UAE, its completely 100% tax free and provides complete privacy. An IC can not trade directly into the UAE market but can trade internationally. An IC can also hold a UAE bank account. The UAE offshore jurisdiction is granted OECD white list status and the UAE has 47 DTT (Double Tax Treaties) in place.