Starting a business in United Arab Emirates needs a clear understanding on choosing the suitable business structure so you need to understand, that what the best business structure. Followed by that you need to choose the right type of company, type of license and type of business activities you wish to provide.
Types of Company Formation
There are 3 different types of jurisdictions available for company formation in Dubai. All these jurisdictions have their own rules and they prove beneficial for different types of businesses.
Mainland Company: is also called an onshore company which is licensed by the Department of Economic Development (DED) of Dubai. Mainland Company is allowed to conduct business in the local market as well as outside UAE without any restriction.
Free zone Company: are designed to conduct the international business or business between the free zones.
Offshore Company: is also known as non-resident company, this is the best option to conduct the international business only and you cannot do business in UAE under offshore company.
Benefits of Company Formation in UAE
Complete repatriation of profits and capital for all types of companies.
Flexible bank account opening and maintenance with availability of multi-currency bank accounts.
Company registration process is simple and quick due to use of modern technology.
UAE is not a tax haven but it is easy to use UAE company formations to deal with different clients worldwide.
UAE corporation is free to hold accounts all over the world.
The strong tradition of trading makes UAE an attractive location for any company dealing in international trade.
World class infrastructure (offices, warehouses, roads etc.) and proximity to the important airports and seaports.