
When you want to start your business in Dubai and the other Emirates of UAE or anywhere in the world, it is challenging to understand what are the choices and opportunities available for the companies that can be created and to regularize your new business.
We accompany entrepreneurs to establish their Business and setup company across all zones of UAE; setup company in all regions of UAE our service includes the set-up of the Company with the establishment of Kbis (Commercial License), Share Certificate, Certificate of Incorporation, Memorandum of Agreement and the Lease Contract of your office. We manage the whole process of the company set-up from A to Z. We also provide assistance in opening the Corporate/Personal Bank account.
Reliance Business Setup Services provides you with information on the different types of companies/sectors that exist in the UAE; we will guide you towards the most appropriate solution depending on your structure and business needs.
When it comes to business setup in Dubai, UAE Mainland is known to be one of the most developed business entities. There are three kinds of licenses to be issued for business setup in UAE Mainland, namely – Commercial, Professional, and Industrial license. However, Mainland companies provide more flexibility in contrast to the Free Zone companies in terms of employment, business location and promoting business, among other benefits.
With the growing economy in UAE and infinite business opportunities, the Dubai government has introduced Dubai Free Zones. The free zone is often confused with offshore. It is important to understand that the UAE offshore company is a company that allows working offshore only, which is anywhere in the world except the UAE. Dubai free zones are zones designated by relevant authorities where companies can be 100% foreign-owned and they don’t require a 51% local partner. Companies in free zones are allowed to work in the UAE and run their operations in the free zones where the company is registered.
An offshore company is headquartered in a foreign country, where it does not operate its business and where the directors are not residents. The offshore company can be owned by individuals or corporate bodies and is a business entity that does not carry out any substantial business activity in its country of origin. Also known as a non-resident company, an offshore company cannot occupy office space in the UAE. The UAE is a unique low-tax jurisdiction. Any business controlled from the UAE region doesn’t pay taxes (excluding 5% VAT when working in the local market). There’s a right of free deposit and withdrawal of capital in this country, which allows investors to get the maximum benefit from their activities. The United Arab Emirates is a unique tax haven. None of the businesses controlled by the UAE area pays tax (excluding 5% VAT when working in the local market). The country has the right to freely deposit and return of capital so that investors can get the most out of their activities.
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