Establishing business in UAE is an excellent way to legitimately book international profits without paying any tax. Besides, there are no capital gains or personal income taxes in UAE.
Company formation in UAE is a reputable, regulated and international trading solution. It is appropriate to use as holding or Investment Company, and is an excellent, long-term option.
Clearlogics liaison with clients to set up their business in UAE. We handle the complete business formation process strategic recommendations, negotiations with local stakeholders, documentation formalities the entire assistance towards business floatation.
The strategic location of UAE is a prime reason that has prompted many businesses from around the world to set up their ventures in and around this country. UAE as a whole comprises of 7 emirates, out of which 5 have approximately 40 free zones in total. A free zone is a trade zone, which is independent by a certain degree of all the local government policies. Besides, these free zones offer businesses numerous other benefits as well, such as:
A free zone is usually meant for carrying out a specific kind of business so you should only set up your business in the right free zone. You can check about this beforehand by speaking with our business setup consultants in UAE.
We, at ClearLogics, offer our clients end-to-end assistance with free zone company formation in UAE. Backed by a team of professional consultants who have years of expertise in company formation procedures help you from the very first step – ideation to the last step – the company inauguration! Our services include
If you want to carry out the process of UAE free zone company registration, you have to first determine the kind of company you want to set up over here. For instance, yours could well be a new company, or could be a branch of an already established business based out of another location. If yours is a new business unit, you can go for:
Both of these businesses can be processed for company registration in UAE free zone by foreign investors, who will not need any local business partners, which are otherwise necessary to start a company in UAE outside the free zone boundaries. You can get in touch with the local free zone company registration service provider to get more information about the same.
Once you are through with the registration process, you will be ready to move on to UAE Free zone company formation. This process can further involve a number of phases, such as:
At ClearLogics Dubai, we always strive to deliver the best of services to our esteemed clients. With our end-to-end assistive services that are rendered directly by our professional consultants, you can be sure of getting guidance throughout the whole process. Our range of top-notch free zone company formation services comprise of:
If you have a question regarding company formation in UAE free zones, we will always be there to help you out at the earliest.
Free zone companies in UAE can avail the following advantages: –
Of all the forms of companies that can be established in the UAE, as provided for in the Federal Law, Limited Liability Company is the most common and easy to establish form. Also known as a company with limited liability, it is a flexible type of enterprise that amalgamates the features of a partnership and corporate structure.
The rules defining LLC company formation UAE as well as the steps involved are comparatively simple. According to the general rule for LLC company formation in Dubai and other six Emirates, it can be formed by a minimum of two and a maximum of fifty people whose liability shall be limited to their shares in the company’s capital. Furthermore, being a flexible form of company, differential profit sharing arrangement is also possible in an LLC. The company must have 51% participation from a UAE national while the rest 49% can remain with the investor.
Hence, the formal shareholding pattern for an LLC is as follows
Moreover, either the UAE national or the foreign partner must be granted the authority of managing the operations of the organization.
At present, the minimum capital requirement for a LLC company formation UAE is 300 thousand dirhams which can be in cash or in kind. It is also important to note that the capital must be divided into equal shares with the value of each not being less than thousand dirhams. Furthermore, as stipulated in the Companies Law, LLC can engage in any kind of business activity except to activities relating to banking, money investing on behalf of others and insurance.
Forming a LLC in Dubai gives foreign investors a host of advantages, thus making LLC the most popular of the legal forms of entry to Dubai. Though the foreign equity of the company cannot exceed 49 %, but the profit and the losses incurred in the operations are shared in a ratio that is different than that of the share capital ratios, and the day to day activities can easily be undertaken by the foreign venture without the interference of the local UAE partner.
The formation of an LLC offers the entrepreneurs access to the wider UAE economy along with the Dubai market, and is 100 % tax free. Dubai also offers an investor’s status to the partners in the company and they can also bring along their families, obtaining visas for which is an easy process.
A limited liability company in UAE offers seamless access to the wider Emirates economies. The following are benefits of establishing LLC in UAE: –
In order to establish a LLC in Dubai, six basic steps must be followed: –
At ClearLogics Management Consultants, we offer the most comprehensive LLC formation and consultation in Dubai. Our services include:
The benefits of UAE offshore company formation
Although tax effectiveness is the most important advantage of setting up an offshore company, there are a number of other benefits as well. These benefits include:
As mentioned, there are a number of advantages involved when it comes to setting up an offshore company in Dubai. In fact, UAE has always attracted entrepreneurs for its tax free business territory status, confidentiality, operations, and the ease that comes into the running of the business, hence making the offshore company setup in Dubai one of the most popular ways of business. Whether your company is a multinational firm or a small business, the excellent and efficient business environment along with the strategic location of the Dubai offshore companies lets you enjoy the benefit of tax relaxations regardless of the size of your company. The advantages of offshore company formation, Dubai are as follows:
Besides all the advantages that have already been mentioned, one of the most important benefits of setting up offshore companies in Dubai is that the country offers businesses the freedom to run their operations with its well- known jurisdictions system which is a relief in the process. This helps you avoid the tedious process of documentation that one has to go through in Ministries of Foreign Affairs and embassies.
When you set up an offshore company in Dubai, you can be assured that the country will provide you with a business climate that is very favourable to entrepreneurs and is also conducive to growth. However, before you may jump in the fray and goes for offshore company formation in Dubai, there are of course a few factors that you must consider. Setting up an offshore company, be it in the UAE or in any other part of the world, significantly depends on the rules & regulations and the culture prevailing in the region. It becomes of prime importance for businesses to be able to identify, understand, and consequently deal with all the possible issues that could plague their Dubai offshore company formations. Setting up a business in a new country needs thorough research about the business environment of a particular country and subsequent planning to set up the business.
This is where offshore company formation services can help you with your offshore company setup in Dubai.
ClearLogics Management Consultancy offers one of the best offshore consultancy services, Dubai. With a knowledgeable staff dedicated to provide customers with the best possible services, ClearLogics assures the provision of comprehensive solutions in helping you set up offshore companies, Dubai. Available through all modes of communication, our team is there to guide you through all the steps of your Dubai offshore company formation.
ClearLogics management provides businesses with all professional services related to each and every step that is taken in the process of the formation of an offshore company in Dubai. Once entrusted with this task, ClearLogics management ensures that not only are all the regulations are well complied with, but also that the entire process is carried out smoothly and efficiently, and that too without any hiccups. Services by ClearLogics Management Consultancy include:
Local rules do not apply on the governance of offshore companies. They are instead governed by international law. This ensures that your assets as a business are offered full protection with no taxation and money repatriation. All these and more are what make offshore companies the best suggested method for all international business.