UAE corporate structuring

EMEA LEGAL COUNSELS provides clients with expert insight on the optimum corporate structure required for doing business in the UAE along with the complete business setup procedures. The UAE offers several business vehicles for entering the market that could generally be classified into different types of entities and we will highlight the most appropriate corporate legal structure to support you in deciding with the setup of your business as a wholly owned foreign entity in the UAE.

Offshore

A UAE offshore company is incorporated under a regulated authority, without the need for physical presence. This type of company is not permitted to conduct business within the UAE, Including Free Zone areas. It can only conduct business activities outside of the UAE.

The offshore company is recommended for foreign entrepreneurs looking for UAE legal presence and to work with Africa, Middle Eastern and Asian markets without incurring any tax liabilities. The UAE has become a perfect off-shore hub for businesses across the world.

  • To enjoy monetary benefits like tax exemptions
  • To garner international funding
  • To enjoy the benefits of investor-friendly laws and regulations
  • Future plans for business expansion
  • To facilitate international trade
  • 100% ownership.
  • No personal presence is required
  • Notarized passport copy
  • UAE entry stamp on your passport
  • Original utility bill displaying/matching your current address ** Utility bill can be an electricity/water/telephone bill.
  • Brief personal resume
  • Personal bank reference (a confirmation that you are known to your bank, that your account is in good standing position)

Freezone

The benefits associated with a freezone company formation are listed below.

  • Complete foreign ownership – One of the most evident benefits of forming a freezone company in UAE is that complete foreign ownership is possible. This means that the foreign investor need not find a UAE National Sponsor for company formation. Foreign ownership is possible irrespective of the nationality of the investor.
  • Absence of currency regulations – Currency regulations are currency related restrictions imposed by the government on the transaction of foreign currencies. There are no currency regulations of any kind in UAE freezones. This makes financial transactions easier.
  • Import and export duty exemption – Import and export duties are not applicable to the freezone jurisdictions in the UAE. This helps in promoting international trade.
  • Tax benefits – 100% tax exclusion is applicable for freezone companies. This includes income tax and corporate tax.
  • Repatriation benefits – The companies are eligible for full repatriation benefits. This includes profits and financial assets.
  • Smooth labour recruitment – The freezone companies can conduct labour recruitment formalities easily and in a cost-effective manner. The companies are allowed to recruit foreign nationals.
  • Readily available workspaces – Warehouses and office spaces are easily available in freezone jurisdictions. UAE freezones are ideal for startups and SMEs.
  • Ease of company incorporation – The freezone company incorporation procedures are simple and straight forward. You may accomplish the licensing procedures in less number of days compared to other jurisdictions.
  • Trouble-free immigration procedures – Immigration facilities connected with the UAE freezones are efficient and therefore save time.
  • Excellent communication and infrastructure – UAE freezones have the most updated communication systems with impeccable infrastructure. Freezones enjoy cost-effective and plentiful energy.
  • No personal presence is required
  • Passport copy
  • UAE entry stamp on your passport
  • Original utility bill displaying/matching your current address
    ** Utility bill can be an electricity/water/telephone bill.
  • Brief personal resume
  • Personal bank reference (a confirmation that you are known to your bank, that your account is in good standing position)