Incorporation of Company in Dubai

Dubai, located in the United Arab Emirates (UAE), is a global business hub and a popular destination for entrepreneurs and businesses seeking to establish their presence in the Middle East. The city offers a strategic location, modern infrastructure, a favorable business environment, and numerous incentives for both local and foreign investors.

Types of Companies in Dubai:

  • Mainland Companies: Mainland companies in Dubai require a local partner or sponsor who holds at least 51% of the shares. However, there are certain professional and commercial activities that allow for 100% foreign ownership.
  • Free Zone Companies: Dubai offers various free zones that allow 100% foreign ownership and provide additional benefits such as tax exemptions, customs privileges, and simplified incorporation procedures. Each free zone caters to specific industries, such as technology, media, finance, healthcare, and logistics.
  • Offshore Companies: Offshore companies in Dubai are established in designated jurisdictions called offshore zones. These companies are mainly used for holding assets, international trading, and investment purposes. They offer tax advantages, confidentiality, and asset protection.

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Advantage:

  • Allowance of 100% repatriation of capital and profits
  • Lenient labour laws make it cost-effective to recruit labour forces
  • Exemption from personal or corporate income taxes
  • Excellent physical infrastructure
  • Some of the FTZs provide shared and virtual office facilities 
  • Commercial company’s law provisions do not apply to FTZs
  • Exclusion from import and export duties

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Documents:

  • Copy of the passport of the shareholders and directors
  • Copy of the national identity card of the directors and shareholders
  • Recent bank statement, credit card statement or utility bill containing the name and residential address of the shareholders and directors
  • Company’s Memorandum of Association and Articles of Association
  • Board resolution having details of the formation of the branch or subsidiary nominating an authorised manager
  • Share capital information
  • Duly authenticated contract of appointment of a company or service

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