BUSINESS CONSULTANCY AND COMPANY FORMATION

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UAE Free Zones are designed according to specific or different business industry categories and offer licenses to companies and entities within those classifications. Each free zone is managed by separate Independent Free Zone Authority,

Free Zone Business Setup

UAE Free Zones are designed according to specific or different business industry categories and offer licenses to companies and entities within those classifications. Each free zone is managed by separate Independent Free Zone Authority, and this authority is responsible for issuing business permits and licenses, employee visa and regulating the business requirements.

  • Dubai Free Zones Benefits
  • 100% Ownership
  • Can be formed by only one individual
  • You can open bank account in Dubai
  • 100% Secrecy maintained
  • 0% Tax
  • Less Renewal Charges
  • Can be liquidated anytime
  • Very few restrictions on recruiting labour
  • No bureaucratic red-tapism
  • State of the art infrastructure

We supervise the entire process of incorporation for our clients. It includes:

  • strategic inputs and organizing business plan
  • Advice and consultancy—what corporate structure best suits your current and future plans
  • Draft documents, assemble files and manage submissions, translations, notorisations and legalisations
  • Visa and work permit processing with Emirates ID
  • Partnership options for Professional, Branch Office and Dubai Offshore Company.
  • Seek approvals from Free Zone Department, Ministries, Department of Planning and Civil Defence.
  • Set up Company Bank Accounts.

UAE Free Trade Zones:

  • Jebel All Industrial Zone - JAFZA
  • Dubai Airport Free Zone - DAFZA
  • TECOM Investments
  • Jumeirah Lake Towers
  • Dubai International Financial Centre (DIFC)
  • Dubai Silicon Oasis
  • Sharjah Airport Free Zone - (SAIF Zone)
  • Hamriyah Free Zone - (HFZ)
  • RAK FTZ
  • RAK Investment Authority
  • RAK Media Free Zone
  • Abu Dhabi Airport Free Zone
  • Abu Dhabi Twofour54
  • Masdar City
  • Khalifa Industrial Zone Abudhabi (Kizad)
  • Dubai Gold & Commodities Exchange
  • Dubai Gold & Diamond Park
  • Dubai Healthcare City
  • International Humanitarian City
  • Dubai Flower Center
  • Dubai Maritime City
  • Dubai Logistic City
  • Dubai Textile Village
  • Dubai Cars & Automotive Zone (DUCAMZ)
  • Dubai Carpet & Textile City`
  • Dubai Sports City
  • Higher Corporation for specialized Economic Zones (HCSEZ), also called Zones Corp, Abu Dhabi
  • Fujairah Free Zone
  • Fujairah Creative City
  • Ajman Free Zone

Mainland Company Incorporation

Limited Liability Company

LLC company formation Dubai: Background

Dubai joined the UAE in 1971 after the British forces left the Middle East. It was one of the first to join among the seven Emir ruled states – or Emirates. [Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Umm Al Quwain, Fujairah, in addition to Dubai.]Though UAE is under the complete control of the Federal Supreme Council. Each of the 7 rulers are members with 1 vote each.Dubai has a high level of autonomy. Dubai, as we know, is famous for its breathtaking skyline, beaches and trade and commerce. Working conditions in Dubai and the UAE, are different to that of other countries and if you are planning to invest there you should be aware of the terms and conditions of ‘Sponsorship’. The climate in Dubai is subtropical and you get clear skies throughout the year with very little rainfall and that too in winter. Summer temperatures are extreme, with scorching hot days and mild winters. The population of Dubai consists of people from more than 150 countriesincluding from Egypt, Palestine, Syria, Iran, Jordan, Sudan, China, India, Pakistan, the United States, Eastern Europe and the members of European Union. Limited Liability Company (LLC) is the most common form business in UAE. A Limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital. Most companies with foreign partners have opted for the Limited Liability Company, due to the fact that this is the only option that’ll give maximum legal ownership i.e. 49% to the expatriates for a local business. As it is mandatory to have a UAE national as a partner in the LLC (51% shareholding) prospective investor has the option to choose the one UAE national (sponsor) as a partner in the company.

The licensing Authorities

  • Dubai: Department of Economic Development
  • Sharjah: Economic Development Department
  • Abu Dhabi: Department of Economic Development
  • Other Emirates: Municipality/ Chamber of Commerce

What are the benefits of UAE LLC?

  • While foreign equity in the company does not exceed 49%, profit and losses can be shared at a ratio different from the share capital
  • The most popular method of establishing a commercial company in UAE
  • UAE LLC offers unrivalled access to the wider UAE economy
  • No specific minimum capital requirements
  • The investor becomes the partner in the company
  • The investor gets the investor visa under which he/her enjoys the investor’s status in the Emirates along with his/her family
  • The investor has the option to commence branches
  • The investor can manage the business without the day-to-day interference from the local partner
  • The assets and capital created will be in the name of the company and not in the name of the local national partner
  • Few activities are restricted
  • Easy to open global /local corporate bank accounts and avail credit facilities

 

Our Services

  • Getting approvals and clearances from various departments,
  • Drafting Memorandum of Association and other necessary agreements
  • Help to bring local equity
  • Suggesting and helping to Locate local partners
  • Assistance in opening Bank Accounts
  • Provide options for the best Suitable Office Space
  • Handle other documentation formalities.