Company formation in the UAE offers many advantages for businesses that are looking to establish their presence in the Middle East. The UAE has a stable political environment, a well-developed infrastructure, and a thriving economy. In addition, the UAE offers a strategic location for businesses that want to reach markets in the Middle East and Africa. All of these factors make the UAE an attractive destination for businesses who want to expand their operations into new markets. If you are thinking of starting a business in the UAE, Endevio can help you get started. We offer company formation services that will make the process easy and hassle-free. With our help, you can rest assured that your business is being set up in accordance with all applicable laws and regulations.
UAE Company Formation Services:
- Trading Company Formation
- Holding Company Formation
- Areas Where you can Establish your Company Presence
- Types of Business Licences in the UAE
- The Process of Company Formation in UAE
Trading Company FormationTo make sure that your trading firm is set up correctly and in accordance with all pertinent rules and regulations, we will work closely with you. We will also guide you through the frequently difficult process of getting the required authorisations and permits from authorities.
Holding Company FormationWe can assist with the establishment of your UAE holding company and provide ongoing assistance and direction as your company grows. We can help you with a variety of issues, including expanding your business and resolving legal disputes.
We will guide you through the step-by-step company formation in the UAE, including:
- Creation of your business plan and filing with the relevant authorities
- Choosing the jurisdiction for your business
- Acquiring residency visas and UAE Residency Cards for your shareholders, directors, family members, and employees
- Opening bank accounts
- Authenticating and filing documentary requirements
- Following up with relevant authorities
Areas Where you can Establish your Company Presence
UAE free zones provide a number of benefits for businesses, including 100% foreign ownership, 100% repatriation of profits, and 0% personal and corporate tax.
Mainland companies are more flexible in their activities and can undertake a wider range of activities compared to those located in freezones. The benefits of mainland company formation in the UAE include numerous trading opportunities within the area, zero capital requirement, 100% corporate tax exemption, and no audit requirements.
Offshore companies are different, depending on the corporate law in the relevant jurisdiction. These companies enjoy specific core characteristics.
Types of Business Licences in the UAEOne of the requisites in company formation in the UAE is to choose a business licence from among the following categories:
Commercial Trade LicenceCompanies who want to establish trading activities of goods, services, and commodities require a commercial trade licence.
Industrial Trade LicenceCompanies engaged in manufacturing activities require an industrial trade licence.
Professional Trade LicenceA professional trade licence is required for those who want to establish a professional business in the UAE like consulting.
The Process of Company Formation in UAE
There are a number of factors to consider when setting up a company in the UAE, including which area is right for your business, what type of company structure to choose, and how to obtain the necessary licences and approvals. Here is a condensed process:
- Professional Consultation
- Choosing and registering the company name and business licence
- Preparing the necessary documents
- Submitting the required documents
- Acquiring residency visa for investors
- Opening a corporate bank account