The United Arab Emirates (UAE), comprised of seven emirates including Abu Dhabi and Dubai, is a stable environment for business ventures. With a significant immigrant population and a ranking of 26th in the World Bank’s Doing Business 2017 Report, the UAE presents numerous opportunities for investors. The country is a key player in the global crude oil market and features a diverse economy that welcomes international corporations and startups.
Types of Business Setup in Dubai:
- Mainland Company:
- 100% ownership for foreign investors.
- Unlimited visa issuance and straightforward bank account setup.
- Ability to open various establishments like cafes and salons.
- Free Zone Company:
- Ideal for import/export businesses.
- Quick online setup with no need for a physical presence in Dubai.
- Cost-effective and minimal documentation requirements.
- Offshore Company:
- Suitable for holding foreign assets.
- Exempt from VAT and does not allow business operations in Dubai mainland.
- 100% ownership with guaranteed confidentiality.
Differences:
- Mainland Companies require at least 51% ownership by UAE nationals, while Free Zone Companies allow 100% foreign ownership. Offshore Companies are fully owned by foreigners but cannot operate within the UAE.
Key Locations for Setup:
- Dubai Mainland: Best for businesses wishing to operate throughout the UAE.
- Sharjah Mainland: Offers investor-friendly policies and a secure environment.
- Abu Dhabi Mainland: A rapidly developing market with diverse economic opportunities.
- Ras Al Khaimah: Known for advanced markets and investor activity.
Why Choose TAX SOLUTION for Business Setup in Dubai/UAE?
TAX SOLUTION offers a dedicated team of experts specializing in the efficient registration of businesses in the UAE. Our comprehensive services ensure a hassle-free experience, tailored to your unique needs. With a track record of excellence since 2014, our professionals guide you through the entire setup process, leveraging their expertise in compliance, taxation, and company formation.
Let us help you transform your business ideas into reality in the vibrant landscape of the UAE!