We are specialized within the formation of free port companies in Dubai (UAE) like as an example RAK free port . Besides dubai company registration free port company formation, we will also found out offshore companies and on-shore companies for those curious about the Dubai market.
UAE is legendary for its free port companies (over 40 free zones are available) offering excellent conditions for various sorts of start-ups: industrial, technology, auto, etc. Each free port in UAE is meant for a selected activity.
The best-known example of a free port is Ras Al Khaimah (RAK), offering a good range of facilities: 0% corporate tax, 100% foreign ownership allowed, 100% capital repatriation, etc. for investors curious about starting a business in Dubai
With an extended tradition in offering company incorporation services to foreign investors curious about fixing companies within the UAE, the company Group strives to supply complete business registration and advisory services to those curious about the UAE market.
With a huge experience in company formation in Dubai, our local consultants can assist foreign investors curious about starting a business in Dubai with the registration of any sort of company.
The main law which provides for the registration of onshore companies in Dubai is that the Company Law. It sets out all the regulations which must be complied with before and after the registration of a corporation .
In the case of offshore or free port companies in Dubai, each authority imposes its own registration requirements.
If you would like information on the legislation associated with opening a corporation in Dubai and details on starting a business in Dubai, our local advisors can assist you.
The procedure for opening an offshore company in Dubai differs considerably from the one necessary for incorporating an on-shore company. If you are not sure at this stage which one you would like , please consider the following:
1) a) an offshore company (RAK Offshore for instance) doesn’t have any special requirements or limitations regarding the owners/shareholders of the corporate while
b) an onshore company doesn’t allow full foreign ownership (the company requires an area “sponsor”).
b) setting up a company in dubai tax obligations and filing requirements per the legislation of the UAE.
3) a) an offshore company formation cannot activate within the UAE;
To summarize: if you’re not curious about the Dubai market (your clients aren’t located within Dubai) and your solely starting your company to require advantage of the tax regime, privacy and/or offshore banking, then it’s advisable to start out an offshore company instead of an onshore one
Starting a business in another country requires thorough research and most of the time appealing to the services of execs . the corporate incorporation procedure in Dubai resembles the procedures in most European countries as long as the foreign investors have acquired all the knowledge about the commercial activity they’re going to undertake and know all the business licensing requirements
Our company formation specialists help local and foreign investors follow the most steps for company formation within the UAE and open the specified sort of company. Business setup in UAE isn’t difficult, but many foreign entrepreneurs don’t know the local regulations so it’s recommended to contact an area agent for company setup in UAE.
He/she will inform the foreign investor the differences between onshore/offshore companies and people established within the free zones and help him/her choose the one that’s suitable for his/her business needs. Then the entrepreneur must prepare the documents for company formation within the UAE and begin the incorporation proc