COMPANY FORMATION IN UAE

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Company Formation in UAE

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    REQUIREMENT TO OPEN A COMPANY

    • FZE – 1 shareholder; FZC – 2 to 10 shareholder.
    • There are no mandatory requirements for a paid up capital. However, the capital mentioned in the Articles of Association will be AED 150,000; In case, the company will be in the Mainland, the share capital will be AED 100,000.
    • Virtual office/ office space is Compulsory.
    • Minimum 1 and any person can become the director/ manager.
    • The Director/ Representative of the company need to visit UAE for the bank account opening process and security approval.

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    OUR SERVICES

    Company Formation Services
    Incorporation Services:
    • Trade License.
    • Certificate of Incorporation.
    • Share Certificate.
    • Memorandum of Association.
    • Articles of Association.
    • Office Rental Agreement.
    • Assistance in the Corporate Bank Account Opening Process.
    Other Maintenance & Compliance Services:
    • Renewal of the Business Trade License.

    TIME PERIOD

    There is no specific time period for company formation in UAE owing to the different kind of business entities whose time period varies. Immigration Services including Establishment Card and Visa related timelines may vary according to nationality and individual immigration file on record with authorities. Nonetheless, having received all the documents as requested in order, the incorporation documents can be obtained within 24 hour time (after security clearance).

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    ADVANTAGES OF COMPANY FORMATION IN UAE

    The UAE is a confederation of seven Emirates comprising of Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain and Fujairah. The Emirates have jurisdiction over matters not assigned to the Federal Government, noting that federal laws supersede any local laws. The UAE juridical system varies significantly across the different Emirates and some of the Free Zones have their own court system. Free Zones are part of the UAE territory but are considered to be outside the Customs territory. They are subject to Customs controls in addtion to normal Customs procedures, and are under the General Courts (i.e. Dubai Court).

    • Access to a diversified economy

    • The UAE is located at the centre of some of the world’s most important trade and commerce routes

    • By establishing your business operations in the United Arab Emirates, you will have access to the markets of Asia, Africa, Southern and Eastern Europe and the Middle East

    • The UAE’s government offers attractive tax incentives to businesses doing business in the country. There are currently no foreign exchange controls, trade barriers and no personal or corporate taxes, which can help, take a significant financial and administrative burden off international businesses.

    • The country has the necessary facilities to accommodate international trade, with state-of-the-art air and maritime ports, making doing business in the UAE an attractive endeavor.