UAE today is one of the most developed countries in the world based on various socio-economic factors. The country has a liberal social and economic policy and its foreign policy is based on pro-western cultures. Cement, building materials, aluminum, garments, furniture’s, paper, plastic, fiberglass, processed metals and gold are the major business industries in UAE.
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.
With the most modern facilities and infrastructure, such as the Dubai Media City, the country is the perfect place to advance your operations.
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.
REQUIREMENT TO OPEN A COMPANY
Number of Shareholder - Minimum two & maximum 50
At least one shareholder should be a local and have minimum 51% of shareholding
No minimum share capital required
Minimum 1 director
Passport and family book copy of the UAE national partner
Passport copy of the expatriate partner
NOC for the expatriate partner (in case he has an existing UAE residence visa)
Passport copy of the expatriate manager (in the case it is different from the partner)
NOC from the sponsor for the manager (in case he has an existing UAE residence visa)
If a company owns 49% partnership in the LLC, then the following corporate documents would be required – Moa, AoA, Certificate of Incorporation, Share Certificate and a Board Resolution (resolving to set up business operations in Dubai and for the appointment of representative and power of attorney for signing the documents on behalf of the company)
Passport copy of the representative of the company
Assistance in incorporating a company
Assistance in fetching Local Office Address for the company
Registering the company with the VAT Authorities
Assistance in opeing a Bank Account for the company
It takes approximately 8 days to set up a business in the United Arab Emirates.