Dubai Maritime City

Foreign investors choose Dubai Maritime City to provide maritime-related products and services to international clients. Dubai Maritime City company formation is ideal for investors specialising in ship repair and maintenance, yacht manufacture and repair and industrial maritime parts supplies and services. Healy Consultants assists clients set up business in Dubai Maritime City by helping with a number of services including:

If properly-structured, Dubai Maritime City company formation is an excellent way to legitimately book international profits without paying corporate tax. In addition, there is no personal income tax in the UAE. There are no restrictions on the repatriation of capital or profits from the UAE, and there are no import or export duties.

Dubai Maritime City offers a wide range of office accommodation, residential accommodation and maritime operation facilities.

After the Dubai Maritime City company formation, it is not necessary to prepare and submit annual audited financial statements or tax returns. Consequently, a Dubai Maritime City company is simple and cost-effective to maintain.

Healy Consultants will obtain the company registration certificate and operating license from Dubai Maritime City authority without our client needing to travel to Dubai. Our team will organise all formalities, including i) submitting application documents to the free zone authority to obtain the company registration certificate and licence ii) assistance with drafting a business plan (describing the company's planned activities and market analysis) to accompany the application iii) opening a bank account for our client following Dubai Media City company formation and iv) provision of all corporate and licence documentation to the client.

Healy Consultants will open a corporate bank account to support Dubai Maritime City company formation. Healy Consultants works with globally-renowned banks such as HSBC, Standard Chartered and Citibank in the UAE to provide banking services. Our client is not required to visit Dubai in person to open a bank account, as Healy Consultants will handle all formalities.

Dubai Maritime City is not a free zone and still requires a local UAE sponsor to take a majority (i e 51% minimum) shareholding in the company.

Dubai Maritime City licence fees and registration fees are unavailable to the public, making it difficult for international investors to budget accurately.

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