Onshore company in Dubai, UAE
Onshore Free Trade Zone Company in Dubai and other Emirates of UAE is quite fast to form (from 2-3- days), is taxed at 0% tax rate and can be 100% owned by a foreign citizen.
1. The onshore Free Trade Zone company is one of the most commonly used types of companies registered in UAE (apart of the offshore ones).
The procedure, requirements, time and costs for the Free Trade Zone onshore company formation differs noticeably depending on the type of the company activities and the Free Trade Zone chosen. The average costs involved in the Free Zone onshore company formation start from around USD 8.000,- and can be up to 20.000,- and higher (for companies with special licenses).
The factors which influence the time and costs - the respective license required, share capital requirements, location – in Dubai or other Emirates of UAE, office requrements, etc.
We provide the complete service of formation of such companies in all Free Trade Zones of Dubai and other Emirates of UAE along with preparing all the documents for the company formation and licensing and provide key-ready solution – from the very initial stage all the way to completion of all formation formalities as according to the applicable UAE legislation.
2. Onshore non- Free zone company in Dubai and other Emirates of UAE – formation of such a company requires a local partner (shareholder) holding at least 51% of shares in such company (except of the cases of formation of the professional companies which require local agent only).
Such local partner effectively only holds the 51% of the UAE, Dubai, company shares (receiving only some pre-defined fixed yearly remuneration) and neither has any rights on the company nor interferes into the business of the company.
We provide the complete service of formation of such companies in Dubai and other Emirates of UAE, and provision of local partners or agents along with preparing all the documents which are to be signed by the local partner or agent in terms of limitations of the powers of the local partner and protection of the UAE company real owner interests.
