Services
Limited Liability Company (LLC)
Registration of companies in the UAE in the form of a limited liability company is not required with the participation of a partner, a UAE citizen. To register a limited liability company, a copy of the passports of the founders is enough, and the rest of the documents are drawn up on the spot during the registration process.
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FREE ZONES COMPANIES
More than 40 free economic zones are successfully operating in the UAE, in which 100% foreign ownership is allowed and the involvement of a local partner is not required, and the absence of taxes is guaranteed for up to 50 years, even if the emirates introduce some types of taxation in the future. We support to open Free Zone Companies in UAE, Free economic zones of the UAE provide favorable conditions for foreign investors, with the possibility of opening companies with foreign capital, reduce the tax burden, and have privileges when performing customs operations. It is also possible to open a representative office or branch in the free zone.
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Branch / Representative office of foreign companies in the UAE.
The conditions for opening such a company are similar to the above-named Professional company in the UAE, namely: 100% ownership by a foreign investor and the presence of a service agent, a UAE citizen. A branch / representative office of a foreign company is not entitled to conduct commercial activities in the UAE, for this reason all agreements and contracts are concluded exclusively on behalf of the head office (parent company). The number of employees is limited.All three types of company ownership do not require an audit.
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Bank Account
Banks in the United Arab Emirates Banks in the UAE are divided into two main categories: local registered banks and joint stock companies, licensed in accordance with the provisions of Law No. 10 of the UAE of 1980, and branches of foreign banks that have received licenses from the Central Bank to carry out banking activities in the country in accordance with the provisions of the said Law. UAE banks are stable and reliable. The reputation of UAE banks attracts businessmen from all over the world. Bank service rates are acceptable and operate under a simplified reporting scheme. As a rule, UAE banks are only interested in the origin of funds coming to the account in especially large amounts from previously unknown sources. In this case, it will be enough to provide a copy of the contract on the basis of which the funds are transferred.
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Visas
For non-UAE residents staying in the country, a visa is required, which is prepared in advance or issued upon entry into the country. For commercial activities in the UAE, a resident visa from the organization is required.
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