fbpx ...

Company Formation Services

COMPANY FORMATION

With the advent of technology, registering a company is also just a click of the button away. SHAMILY BUSINESS CORPORATE SERVICES provides its clients the opportunity to register their company online entirely. All it requires is a few moments of your time. Our experts take care of all the documentation processing for which your presence is not required. The client is only required to visit for the visa processing.

TYPES OF COMPANIES IN THE U.A.E

MAINLAND COMPANIES

Mainland Companies are legal entities that are incorporated in the mainland of Dubai, or any other emirate of the U.A.E., outside of the free zones. They are governed by the UAE Commercial Companies Law and are subject to the regulations of the Dubai Department of Economy and Tourism (DET). Mainland Companies can operate within and outside of Dubai, and can carry out a wide range of business activities. This type of company is ideal for companies that want to tap into the local market, trade within the UAE, and operate across the GCC.

Setting up a mainland company in Dubai requires a verified office premise from Dubai Land Department. Office space requirements vary, based on the type of license and the investor is responsible for ensuring the availability of a valid tenancy contract for an office at the time of applying for the license.

ADVANTAGES OF MAINLAND COMPANIES

FREE ZONE COMPANIES

Free Zone Companies are legal entities that are incorporated in one of the free zones in Dubai or one of the other Emirates. Free zones are designated areas in the emirate that offer 100% foreign ownership for 15 ac 50 years, tax exemptions, and other incentives to attract foreign investment. A Free Zone Company is subject to the laws and regulations of the free zone authority in which it is incorporated. This type of company is ideal for companies looking to operate in a tax-free environment and benefit from the ease of doing business in Dubai.

Free Zone Companies are exempt from customs and export duty while importing raw materials and equipment, are allowed to trade internationally and own real estate inside UAE. Access to services and products from the UAE without the agent is permitted however sales within the UAE require partnering with a UAE mainland-registered agent.

Other amenities include options for flexi-desk and flexi-office setups, great infrastructure, access to the free-hold property and complete privacy to investors with limited reporting obligations. Company formation in the Free Zones is quicker compared to the mainland and does not require the investor presence.

ADVANTAGES OF FREE ZONE COMPANIES

OFFSHORE COMPANIES

Offshore Companies, also known as International Business Companies or International Business Corporations (IBC) are Non-Resident Companies or Non Resident Corporations as they are legal entities incorporated in a tax-free jurisdiction outside of the UAE, but with a registered office in Dubai. They are governed by the laws of the jurisdiction in which they are incorporated and are not permitted to conduct business within the UAE. An Offshore Company is typically used for holding assets, such as real estate or intellectual property, and for wealth management purposes. It is ideal for individuals or companies looking for asset protection, confidentiality, and tax optimization.

Offshore company shareholders are not eligible for visas or operating licenses and don’t require physical office spaces. U.A.E. offshore companies are issued a certificate of incorporation, as they cannot conduct manufacturing, trading, or business within the UAE.

Offshore companies are established for the utilization of out-of-country corporations, trusts, partnerships, banks, funds, management firms, etc. to protect assets, minimize taxes, plan for the future, and get involved in global investment opportunities, legally

ADVANTAGES OF OFFSHORE COMPANIES

BUSINESS LICENSES IN THE U.A.E.

Businesses and industries in the U.A.E. require licenses to operate. The U.A.E. offers the following different types of licenses:

LEGAL STRUCTURES IN THE U.A.E

PARTNERSHIP COMPANIES

The U.A.E. allows for businesses and industries to operate under either sole ownership of the individual or as partnerships of two or more individuals depending upon the nature of the trade. Civil companies as well as limited liability companies, public share holding companies, private share holding companies, company branches, representative offices and franchises can also be established.

The U.A.E. also has a special provision for U.A.E. nationals called Intelaq that allows them to operate a business enterprise from their homes.

Send A Message

    Scroll to Top
    Seraphinite AcceleratorOptimized by Seraphinite Accelerator
    Turns on site high speed to be attractive for people and search engines.