UAE Corporate Formation

Although UAE corporate formation is challenging, Healy Consultants' experience of UAE corporate formation is valued by our clients, who appreciate our logical and transparent UAE corporate formation procedures. The following is an overview of UAE corporate formation challenges and opportunities:
1.	Some UAE entities (for example a Dubai Offshore Company) are not permitted to conduct business within the UAE. However, through a UAE offshore company, it is possible to have a UAE entity and business address, without the legal requirement to rent a physical office and employ staff.
2.	Despite its complexities, UAE business start up is attractive for foreign investors. According to the United Nations Conference on Trade and Development (UNCTAD), the UAE received US$13.7 billion in foreign direct investment (FDI) in 2008 (US$14.2 billion in 2007).
3.	If properly structured, UAE corporate formation is a legitimate way to book international profits exempt from local corporation tax. In addition, there are no capital gains or personal income taxes in the UAE.
4.	Investors considering UAE corporate formation through a UAE branch company can fully own the entity and avoid an annual audit.
5.	Investors choosing UAE corporate formation to conduct both local and international trade choose a limited liability company (LLC). However, an LLC requires a minimum 51% shareholding by UAE citizens. For further information, visit this Dubai LLC page.
6.	A minimum of one shareholder and one director is required to comply with UAE corporate formation regulations in UAE Free Trade Zones. There is no restriction on the maximum number of shareholders, and corporate shareholders are allowed.
7.	Despite the difficulty of UAE corporate formation, Healy Consultants provides a professional approach, the core elements of which are:
	i)	Our client settles our fees and signs Healy Consultants engagement letter;
	ii)	Healy Consultants provides a detailed UAE business start up engagement plan;
	iii)	Healy Consultants completes UAE corporate formation with the corporate structure as agreed with our client;
	iv)	Healy Consultants opens a local or international multi currency corporate bank account for our client.
	v)	After the completion of UAE corporate formation, Healy Consultants e-mails an engagement feedback survey to our client.
Contact Us
For more information on UAE corporate formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120.
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