Register a company in UAE

Company Registration in Dubai

Company registration in Dubai offers a gateway to a thriving business environment, blending strategic location, tax advantages, and a robust infrastructure. With diverse free zones and mainland options, entrepreneurs can choose the setup that aligns with their business goals. Whether opting for 100% foreign ownership or local partnership, Dubai’s business-friendly policies streamline the registration process, emphasizing efficiency and transparency. Engage in this dynamic marketplace, where innovation meets tradition, fostering a conducive ecosystem for your company’s growth and success.

Free Zones in UAE (FZC)

There are a number of free zones in the UAE where clients can open a free zone company (FZC). There are a lot of free zones and some of them are Jebel Ali Free Zone (JAFZA), Dubai International Financial Center (DIFC), Dubai Internet City and DMCC, International Free Zone Authority (IFZA), Ras Al Khaimah Free Zone (RAKEZ), Ajman Media City, Sharjah Media City Free Zone (SHAMS), Fujairah Free Zone. We suggest that you contact the experts in order to choose the best free zone for your company in accordance with your needs. What is important when choosing a free zone is to start business in a free zone where it is easiest to start business, in order to avoid the complicated procedures of the UAE tax system, and to be able to conduct business legally.

Tax in UAE (Corporate Tax, Personal Income Tax)

Under Federal Law No. 15 of 1998, except for acquiring nationality in the UAE, the provisions of the Commercial Company Law do not apply to FZEs / FZCOs, provided that the Free Zones have special provisions regulating such companies.

All Taxable Persons (including Free Zone Persons) will be required to register for Corporate Tax and obtain a Corporate Tax Registration Number.

Qualifying Income includes income derived from transactions with other Free Zone Persons, except for income generated from Excluded Activities. This implies that businesses operating within Free Zones can enjoy tax benefits when conducting business with other entities within the Free Zone.

Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations.

Taxable income and deductible expenditure from all sources, whether domestic or foreign, are aggregated for the purposes of calculating taxable income. Thus, tax losses from a foreign source can be offset against income from UAE sources when determining taxable income.

There is currently no personal income tax in the United Arab Emirates. As such, there are no individual tax registration or reporting obligations. Since the discovery of oil in the UAE in the mid-1960s, the UAE federal and local governments had no incentive to levy direct taxes. Local governments received royalties from their emirate-owned oil companies, which local governments used to fund the federal government.

The process of company registration in Dubai

Registering a company in Dubai is a complex process that consists of several steps.

The speed of opening a company in Dubai depends on whether the client chooses the option of partnering with us as UAE residents.

In case the client chooses the partnership option with us, we can register the company within 2 working days.

In the second case, the client must come to the UAE and go through the process of opening a company, obtaining residence, and finally opening a business account in the Bank.

For more information contact us.

Advantages of opening a company in the UAE Free Zone

As a special possibility that we offer to our clients is the registration of a company in the UAE in the Free Zone.

The advantages of the UAE Free Zone is that there is 0% corporate tax in the event that a company from the UAE does business with companies outside the territory of the UAE.

Also, the advantage of registering a company in Free Zone UAE is 0% VAT on invoices issued to clients outside the territory of the UAE.

Opening a business account in Dubai 1.0

The process of opening a business account in Dubai depends on whether the Client has chosen the partnership option with us as a UAE residents

Opening a business account in Dubai is a complicated process due to the fact that you have to prepare appropriate documentation, proof of directors UAE residence, contracts with future clients, bank statement from the personal bank account, CV of the client, as well as other documentation that the Bank may request.

The time for opening a business account depends on the complexity of the company’s structure, the activity that the company will be engaged in the UAE, the quality of the documents that the client will submit in order to open a business account.

Expert help is invaluable in the process of opening a business account, and for that reason we are here to help the client successfully open a business account and start doing business.

Opening a business account in Dubai 2.0

Opening a business account in Dubai is the most important part in the process of enabling the company to operate.

There are a number of banks in the UAE and they are mainly divided into local banks and international banks. Depending on the client’s needs we can recommend a suitable bank.

In the case when the client opens a company with us as partners in the UAE, we can open a business bank account within a week from the day of company registration.

What is particularly important is that we open a business account in the UAE without the presence of the client, 100% remotely.

For more information, please contact us and we will be happy to provide all the necessary information and suggest the optimal bank for your business in the UAE.

Residence permit of UAE

One of the ways to obtain a Residence Permit in the UAE is based on ownership of the company in the UAE.

The process of obtaining a residence permit in the UAE based on company registration usually takes 15 working days, and the presence of the client in the UAE is necessary.

When the client receives a residence permit in the UAE, the duration of the permit is 2 years, with the possibility of extension.

A residence permit in the UAE allows the client to stay in the UAE without any restrictions for the duration of the residence permit.

A Residence Permit in the UAE enables the client to open a company business account as a company director, and residence permit is required for opening a business account.

Bearing this in mind, we offer a 1% partnership option with our experts who have a UAE residence permit, so that the client does not have to go through a long and complicated process of obtaining a residence permit.

Residence permit of UAE also enables the client to open a personal account in one of the local or international banks in the UAE.

Golden VISA for UAE

As an additional service, we can offer the client a GOLD VISA for UAE that lasts 10 years.

The first requirement for a GOLD VISA is company registration in the UAE, followed by the process of obtaining a residence in the UAE.

When we open a company for a client and when we help the client to obtain a residence permit based on an ownership of the company, we begin the process of obtaining a Golden Visa for the UAE, and this process with the help of our experts can take 3 months.

The advantage of the Golden Visa is that it lasts for 10 years, comparing to the ordinary residence permit that lasts for 2 years and has to be renewed each time.

Also, the advantage of the Golden Visa in relation to investing in the purchase of an apartment in the UAE is that the client receives a Golden Visa with much less investment and in a much shorter period of time compared to the purchase of real estate in the UAE.

Pros of Company Registration in Dubai

Strategic Location: Dubai’s strategic geographical location facilitates easy access to global markets, fostering international trade and business expansion.

Tax Advantages: Many free zones in Dubai offer tax exemptions and incentives, providing a favorable environment for businesses to thrive and maximize profits.

Business-Friendly Policies: Dubai’s government actively supports entrepreneurship, ensuring a streamlined registration process with minimal bureaucracy, making it easier for businesses to establish themselves.

Diverse Economy: Dubai’s diverse economy spans various sectors, offering opportunities for businesses in industries ranging from finance and technology to hospitality and logistics.

Infrastructure and Connectivity: The city boasts world-class infrastructure, including modern airports, seaports, and advanced telecommunication networks, facilitating efficient business operations.

Global Talent Pool: Dubai attracts skilled professionals from around the world, providing businesses access to a diverse and talented workforce.

Money Transfers to UAE and from UAE

There are a large number of clients who have the problem of how to send money to the UAE for the purchase of real estate and other investments in the UAE.

We can offer the client the opportunity to transfer money from his country to the UAE either through bank transfers or through crypto transfers.

Our financial experts can help clients depending on the country where their money is located that they would like to transfer to the UAE.

For more information, contact us.

Money Transfers from the European Union and Russia to the UAE and from the UAE to the European Union and Russia

Due to the current situation in the world, Russia is currently under sanctions and the swift system does not work when it comes to this part of the world.

Our experts can help clients provide an appropriate plan to avoid payment problems depending on the client.

One of the ways to solve this problem is to open a company in Serbia in banks that do business with Europe and Russia. In this case, transfers with Europe would be within the scope of the swift system, while transfers between Serbia and Russia would be swift, based on the contract between the Serbian Bank and the Russian Banks.

Furthermore, the money that would arrive from Russia to Serbia can be sent to the UAE to private accounts or the business account of a company that would be established in the UAE.

Opening of Personal Bank Account in UAE and Money Transfers to personal account in UAE

Opening a personal account in the UAE is a multi-step process.

After obtaining a residence permit in the UAE, you can open a personal account in local international banks in the UAE.

A necessary condition for opening a personal account in the UAE is the possession of a residence permit, which clients generally receive on the basis of opening a company in the UAE.