UAE Incorporation

Many international investors choose UAE incorporation to tap the opportunities of this fast-paced, dynamic emerging market. The following information will help you determine whether UAE incorporation is the optimum solution for your business.
1.	A UAE company is not perceived as an offshore company in a tax haven. The UAE is a reputable, regulated, international trading jurisdiction. A UAE Offshore Company is an excellent vehicle to use as a holding or investment company.
2.	If properly structured, UAE incorporation is an ideal way to legitimately book international profits without paying local corporation tax. In addition, there are no capital gains or personal income taxes in the UAE.
3.	For investors considering UAE incorporation, the country is perceived as the 28th least corrupt country in the world, according to the 2011 Corruption Perceptions Index by Transparency International , a global measure of corruption amongst public officials and politicians.
4.	UAE incorporation allows 100% foreign ownership, if the investor opts to set up in a UAE Free Trade Zone. For example, a Ras Al Khaimah Free Zone Company is a low-cost entity through which international business can be conducted.
5.	A UAE offshore company can neither trade products or provide services within the UAE, nor rent local premises or open a corporate bank account in the UAE.
6.	A minimum of one shareholder and one director is required to comply with UAE incorporation regulations in UAE Free Trade Zones. There is no restriction on the maximum number of shareholders, and corporate shareholders are allowed.
7.	UAE corporate and personal banking products and customer service are of a poor standard.
8.	Following UAE incorporation, most entities are required to submit annual audited accounts to the UAE authorities.
9.	Healy Consultants can open global corporate bank accounts to support UAE incorporation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
10.	There are no clear, consistent laws and rules governing UAE incorporation, including cash payments to the government.
11.	Following UAE incorporation, our Clients obtain UAE residence and employment visas. For example, an Abu Dhabi LLC allows directors and shareholders to obtain UAE visas.
12.	A UAE LLC requires a minimum of two shareholders.
13.	A UAE limited liability company (LLC) requires a minimum 51% shareholding by UAE citizens.
14.	UAE incorporation is hampered by i) high government fees ii) inconsistent and complex Dubai company law and iii) inefficient bureaucracy.
15.	The UAE is a highly competitive economy. According to the Global Competitiveness Report 2011-2012, the UAE is the 27th most competitive economy in the world. Individually, some of the Emirates fare better, for instance - Qatar is ranked the 14th most competitive economy in the world by the International Institute for Management Development. For more information on Qatar company formation, kindly visit our Qatar Company Formation page.
Contact Us
For additional information on UAE incorporation, email email@healyconsultants.com or call us at (+65) 6735 0120.
Back to UAE Company Formation page.
Back to Home page.

Purchase the Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com