{"id":8157,"date":"2024-04-09T11:42:36","date_gmt":"2024-04-09T08:42:36","guid":{"rendered":"https:\/\/gls-law.company\/?page_id=8157"},"modified":"2024-09-24T11:05:39","modified_gmt":"2024-09-24T08:05:39","slug":"opening-company-uae","status":"publish","type":"page","link":"https:\/\/gls-law.company\/en\/opening-company-uae\/","title":{"rendered":"Opening a company in the UAE"},"content":{"rendered":"\t\t
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Business Registration in the UAE: GLS Law Company Services<\/h2>\n

The United Arab Emirates (UAE) is a country that attracts businessmen from all over the world. Here, you are met with broad business opportunities and numerous relevant advantages. The government is constantly developing methods to attract foreign capital, hence creating the most favorable conditions for entrepreneurial activities. Offshore companies in the UAE deserve special attention because the country hosts a multitude of various Free Economic Zones (FEZs). If you are interested in opening a company in the Emirates, seek the services of GLS Law Company’s experts.<\/p>\n

Company Registration in the Emirates: Benefits for Entrepreneurs<\/h2>\n

Doing business in this country is profitable for many reasons. Let’s consider the key advantages:<\/p>\n

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  • The UAE boasts a stable and strong economy, as well as a well-developed infrastructure.<\/li>\n
  • Registering companies in the Emirates allows foreigners to obtain tax residency and purchase real estate in the country.<\/li>\n
  • There are no restrictions on the repatriation of capital. This means you can count on a guaranteed return of profits or assets.<\/li>\n
  • The country has a well-developed online system, through which entrepreneurs can access government services.<\/li>\n
  • Business registration in the Emirates is popular because it offers a high level of confidentiality for businessmen. Registers with participants and directors are not publicly available.<\/li>\n
  • If an onshore or offshore company in the Emirates is registered in a FEZ, 100% of its shares can belong to a single shareholder.<\/li>\n<\/ul>\n

    Company Registration in the UAE: Choosing a Legal Form<\/h2>\n

    In the United Arab Emirates, three corporate forms of companies are most common. Let’s examine their features.<\/p>\n

    International Business Company (IBC)<\/h3>\n

    This type of UAE offshore company is available only to those businessmen planning to register a legal entity in Ras Al Khaimah – one of the most popular Free Economic Zones in the UAE:<\/p>\n

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    • Zero taxation on activities conducted abroad or within the country’s free zones.<\/li>\n
    • Such UAE offshore companies in Ras Al Khaimah can combine their professional, industrial, and commercial activities under one license.<\/li>\n
    • Enterprises can be opened with 100% foreign ownership (shareholder nationality does not matter).<\/li>\n
    • Registration of offshore companies in the UAE does not require the physical presence of business owners; companies can be opened remotely.<\/li>\n<\/ul>\n

      Free Zone Company (FZC)<\/h3>\n

      If you are interested in registering companies in the UAE, opening a firm can be done in the form of an FZC. These are organizations registered in one of the FEZs:<\/p>\n

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      • Companies can conduct entrepreneurial activities both worldwide and in the Emirates, but only within the FEZ where the firm was registered.<\/li>\n
      • Citizens of any other country, including stateless persons, can use the services to open such a company.<\/li>\n
      • Registration of a company in a UAE offshore allows the owner and director to apply for a visa within a month after opening the enterprise.<\/li>\n<\/ul>\n

        Local Limited Liability Company (LLC)<\/h3>\n

        Companies with this legal form can be opened in any part of the UAE, i.e., outside the FEZs. Firms are allowed to conduct activities worldwide, including the entire territory of the Emirates.<\/p>\n

        If you are interested in registering UAE companies, only a citizen of the Emirates can use the service to open an LLC. Moreover, they must own no less than 51% of the company’s shares.<\/p>\n

        Company Registration in the Emirates: Taxation Nuances<\/h2>\n

        There are several peculiarities regarding taxation in the UAE. Let’s look at the key nuances:<\/p>\n

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        • In the Emirates, corporate income tax is applied only to the domestic market of the country. Taxation is exclusively for organizations involved in the oil and gas, banking, and some other sectors.<\/li>\n
        • Registering an offshore company in the UAE, i.e., in a FEZ, completely exempts businessmen from corporate income tax. However, they must obtain a license, the price of which depends on the type of entrepreneurial activity. This document needs to be renewed annually. If such companies import goods into the FEZ, they are exempted from import duties.<\/li>\n
        • Registration of a company in the UAE (outside the FEZ) involves customs payments amounting to 5% of the invoice value.<\/li>\n<\/ul>\n

          How Much Does It Cost to Open a Company in the UAE<\/h2>\n

          Prices for services related to opening companies in the Emirates can vary depending on various factors. Contact GLS Law Company experts if you want to know the cost of registering a company in the UAE. Specialists will also answer all your questions, prepare documents, and provide support at all stages of the procedure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

          Opening a company in the UAE Services for opening a company in the UAE LEAVE A REQUEST Business Registration in the UAE: GLS Law Company Services The United Arab Emirates (UAE) is a country that attracts businessmen from all over the world. Here, you are met with broad business opportunities and numerous relevant advantages. The […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-8157","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages\/8157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/comments?post=8157"}],"version-history":[{"count":4,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages\/8157\/revisions"}],"predecessor-version":[{"id":8162,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages\/8157\/revisions\/8162"}],"wp:attachment":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/media?parent=8157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}