The UAE market is developing very dynamically, so previously promising areas are losing relevance, and new ones are coming to replace them. With new opportunities comes new business. Before opening a company in the UAE, you need to choose both the right niche and a professional team that has experience in supporting this process at all stages.
The UAE market is developing very dynamically, so previously promising areas are losing relevance, and new ones are coming to replace them. With new opportunities comes new business. Before opening a company in the UAE, you need to choose both the right niche and a professional team that has experience in supporting this process at all stages.
Studying tax and legal legislation can take a lot of time and this still does not guarantee a trouble-free opening of a business. Only with experience comes an understanding of all the details and nuances which ensure the safety of the business. Our team has the experience, knowledge and contacts necessary for opening a business.
It is not enough to gather professionals in one place, you need a team that works harmoniously, in the same direction and without conflicts. Our team is distinguished by the fact that we are a team that can quickly and efficiently work together for one goal.
A personal manager is assigned to the client, who oversees the process and is always ready to answer questions.
Working as a group of companies, we do not only register businesses, but also support them in growth and development in terms of accounting and taxation. Working on all possible issues together with our clients, we have experience in participating in various cases and are ready to share this experience with our new clients and help them to avoid mistakes.
Clients receive a clear pricing structure without hidden fees: they know what they are paying for and what services are included in the price
A full range of turnkey services, from primary consultations to post-registration support, which allows you to focus on business development, and not on administrative issues.
There are several jurisdictions for business registration in the UAE.
If you are planning a business that is targeted at the UAE market, or you want to open a real estate agency, your choice should be a company registered in the material part of the UAE (mainland). Companies registered in this jurisdiction have no restrictions when choosing a sales strategy: domestic and foreign markets, legal entities and individuals, distinction of tenders. Since 2022, the requirement for the participation of a local partner when registering a company for most business areas has been canceled.
If you are a service company planning to work in foreign markets or sell something in the UAE, but within a limited area (a beauty salon, a retail outlet in a selected area), your choice may be a company registered in a free zone. The advantage of such registration is that all registration procedures are carried out on a “single window” principle in the free zones of the administration. For a certain type of business, you can get an exemption from paying taxes. If you plan to buy and sell goods on the UAE’s account or place goods in transit warehouses for resale or processing, your choice may be to register your company in a preliminary free zone from the Cabinet of Ministers list. In this case, you will not expect to pay customs duties and VAT on goods, because such zones will be considered as remote regions of the UAE. There is also the possibility of receiving corporate tax benefits. A significant disadvantage of such registration is the refusal of local banks to open accounts.
All companies in the UAE must comply with general tax laws and pay taxes in the UAE, regardless of whether they receive income in the UAE or outside the country. However, for certain types of businesses (specified in a separate decision), it is possible to receive income tax benefits if conditions are met, including proven economic presence, passing an annual audit, compliance of the pricing policy with transfer pricing rules.
When starting a business in the UAE, it is necessary to consider all the requirements and regulations provided for your business in order not to make a mistake in choosing a jurisdiction and not to face restrictions. In addition to tax rules, certain companies must comply with other requirements in the field of AML, ESR, disclose beneficiaries or report to the municipality of a particular emirate. Therefore, before investing money in registering a company, we recommend that you consult with our specialists who understand what actions are necessary to conduct a business after its registration.
To open a business in the UAE, you need a minimum of documents and data: copies of the founders’ passports, a list of types of business activities for which we are obtaining a license, and at least 3 options for the company name. In some cases, competencies must be confirmed by a diploma.
To open an account, you will also need account statements for the last 6 months in English, a resume of the owner in English.
The cost of opening a business depends on the chosen type of activity, the number of founders, the jurisdiction of registration and the choice of location of the activity (office, warehouse, retail outlet). It should be noted that for mainland companies, 5% of the annual cost of renting premises for doing business will be added to the cost of the license. The minimum budget for registering a company is from $ 4,000.
We have been working in the UAE in the field of business support for over 5 years.
Thanks to our partnership program with banks and other institutions
We know many (if not all) of the nuances and subtleties of doing business in the United Arab Emirates
