Company formation in Dubai
ONSHORE COMPANY INCORPORATION IN THE UAE (Dubai) The uniqueness of onshore companies registered in the Free Trade Zones – tax absence for almost all types of business activities. In addition to it, the company is able to have a real working office and be managed from the UAE. Thus an onshore company can prove its resident status in the UAE without any tax consequences, which nowadays is an essential factor, since the question of actual residency of companies becomes especially acute now.
UAE company Key features
- Advantages and main features of onshore companies in the UAE:
- Shareholders – physical and legal entities.
- No restrictions of residency and citizenship of directors and shareholders.
- No taxes.
- Share capital – in some cases share capital deposit is not mandatory.
- No currency control.
- Minimal amount of directors – one.
- Minimal amount of shareholder – one.
- Company Formation Packages are available. Ask now.
Popular ua company applications
Option 1 - Hamriya
A company of this type gives opportunity to trade with up to 5 groups of products or consulting activities in the territory of the Free Trade Zone and abroad. Advantages: There is no need to deposit share capital, since part of the company registration costs will be offset against the share capital (i.e. share capital is not to be introduced additionally).
- The cost of the company, including the registration and support throughout the first year, trade or service license, virtual office and share capital is USD 13.900
- Audit costs: USD 3.500 – 5.500
- Visa costs: USD 3.000
- Company renewal in the subsequent years: USD 12.500 + audit costs.
Option 2 - Hamriya
A company of this type enables to trade without restrictions on the number of products on the territory of the Free Trade Zone and abroad. Advantages: There is no need to deposit share capital, since part of the company registration costs will be offset against the share capital (i.e. share capital is not to be introduced additionally).
- The cost of the company, including the registration and support throughout the first year, General trading license, virtual office and share capital is USD 17.000
- Audit costs: USD 3.500 – 5.500
- Visa costs: USD 3.000
- Company renewal in the subsequent years: USD 14.500 + audit costs.
Option 3 - Ajman
The company will be able to hold trading activity on the territory of the Free Trade Zone and abroad. Advantages: Share capital can be deposited in 4-6 months after the company registration (min. USD 50.000.-, - can be used without any limitations). The company is not obliged to pass an annual audit. Registration timeframe: 3-4 days.
- The cost of the company, including the registration and support throughout the first year, General trading license and real office (16 m2) office is USD 17.000
- Visa costs: USD 1.500. Possibility to apply for up to five visas (3 years validity).
- Company renewal in the subsequent years: USD 14.000
Option 4 - SAIF
The company enables to trade without restrictions on the number of products on the territory of the Free Trade Zone and abroad. Advantages: Proximity to Dubai, access to the airport, the possibility of registration of companies engaged in air transportation.
- The cost of the company, including the registration and support throughout the first year, General trading license and real office (21 m2) is USD 25.000
- Visa costs: USD 3.000
- Audit costs: USD 3.500 – 5.500
- Company renewal in the subsequent years: USD 19.000,- + audit costs.
UAE company Taxation
The uniqueness of onshore companies registered in the Free Trade Zones – tax absence for almost all types of business activities. In addition to it, the company is able to have a real working office and be managed from the UAE. Thus an onshore company can prove its resident status in the UAE without any tax consequences, which nowadays is an essential factor, since the question of actual residency of companies becomes especially acute now.
In addition to tax absence, advantages of onshore companies in the UAE also include possibility to get resident visas for shareholders, directors and employees of the company. In case, if you transfer a part of the business to the UAE, you will be able to enjoy advantages of inexpensive labor force, minimal wages’ payments, cheap energy and powerful logistic infrastructure.
How do I proceed with uae company registration?
- Chose the structure that fits your business. Need help? Contact us.
- Contact us for Company Package Fees.
- Follow our Compliance Policy