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Onshore in the UAE. Types, advantages, features

Onshore company in Dubai, UAE

Onshore company in Dubai, UAEOnshore 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).

Onshore company in Dubai, UAE › Read more

Set up a company / business in Dubai, UAE - how and why.

Set up a company / business in Dubai, UAE - how and whyDubai is one of the best places both to set up a business and live here. Highly-developed infrastructure. Security. Governmental regulations to promote business development. The absence of taxes on most types of activities. All of this - Dubai and other Emirates of the UAE.

Is it difficult to set up / register business in Dubai, UAE?
In terms of procedure itself setting up a business in Dubai is relatively simple. The company registration is fast enough. License can be obtained, if it does not apply to additional regulatory activity, within the usual framework. There are sufficient premises for doing business - offices, warehouses, manufacturing facilities, etc. The costs of energy supply are low. The level of control from the side of Emirates authorities in respect of business activities is very reasonable - sufficient for the state to monitor compliance with the required standards, but not to hinder business.

Set up a company / business in Dubai, UAE - how and why. › Read more

How to Change the Structure of Shareholders in Dubai, the UAE?

How to Change the Structure of Shareholders in Dubai, the UAE?Sometimes a change of the corporate structure of shareholders is necessary for Dubai, the UAE. This procedure has its distinguishing features and requires a set of necessary documents. They are predetermined by the type of the company and a place where your business is registered. The procedure varies depending on the fact if it is on the main territory or in one of free trade zones.

The following article presents information on the general procedures of changing the structure of shareholders. The main components of such corporate structure changes in the UAE and Dubai, in particular, include:

How to Change the Structure of Shareholders in Dubai, the UAE? › Read more

If you have decided to do business in the UAE, with the real office and residency visas in the UAE, then what you need is onshore company. It can be incorporated either in one of the Free Trade Zones, or outside of FTZ.

The distinguishing feature of the second type of incorporation of onshore in the UAE (outside FTZs) is that such company's operations can be carried out throughout the whole country. The only restriction in this case is that foreign national’s ownership in business, in specific cases, may not exceed 49%, whereas 51% shall be owned by a citizen of the United Arab Emirates. In practice, this type of onshore company is applied relatively seldom, but if you require such structure, our company is ready to provide you with full range of services. We will assist you with incorporation of a firm with a local agent / partner and will prepare all necessary documents.

The onshore companies incorporated in Free Trade Zone are most popular in the UAE. Such companies are deemed resident, while at the same time 100% of such firm may be owned by a foreign citizen. The advantages of such company are as follows:

  • 0% tax rate;
  • Possibility to prove residency status of the company without tax implications in UAE;
  • Resident visas can be issued to directors, shareholders and employees. Visas are issued for a period of 3 years, and maximum number of visas depends on the type of company.
  • Possibility of hiring employees without paying salary taxes / deductions.

In turn, the laws of the UAE set some certain requirements for onshore company: you are required to get license for particular type of activity, have real office - separate or in the form of service desk, and submit annual audit report for most types of such companies.

Since the United Arab Emirates have various general and specialized FTZ you can register a firm specializing in almost any type of business. Our company will take care of opening and further legal administration of your company in the UAE.

Registration and maintenance fees of onshore firm depend on the Emirate and type of company’s business. For example, in Ajman and Sharjah office lease will cost you noticeably less than in Dubai.

Just contact us and provide your objectives and business aims, and we would be able to find the most favorable solution for you.