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Limited Liability Company – LLC

We generally recommend the LLC Company considering the nature of business plan in UAE. It is also commonly known as LLC Company and having separate legal entity. In this LLC, as per norms you need to give 51% shares to local UAE resident Partner. However, you will have full liberty and freedom to do business and day to day banking. UAE partner shall play very limited role in day to day and business policy decision.

Advantage of LLC Company

  • 49 % ownership allowed in Company by Foreigners and 51% with UAE Local Resident
  • Zero tax on profit , income, gain and full repatriation allowed
  • Normally 2 or more resident visas are available to stay in UAE for owners \ employees.
  • Any individual can incorporate a UAE company.
  • Company can do wide range of business & investment with less restrictions
  • Local office \ shop \ manufacturing facility can be developed
  • Undertake work contract, Infra projects and real estate developments
  • Have business set up in any part of UAE and no restriction to do business

Free Trade Zone Company – FZC & FZE

We strongly recommend the Free Trade Zone Company considering the nature of business plan in GCC and overseas market. It is also commonly known as FZC Company and having separate legal entity. In this company, as per norms you will have 100% ownership with you and no need to have any local UAE resident Partner. You will have full liberty and freedom to do business and day to day banking. There are several Free Trade Zones in UAE. Zones are developed considering the location, business focus and priority of the nation’s business policy. Few names are – Jabel Ali FTZ, JLT FZC, SAIF Zone, Azman FZC, Hamaria FZC, RAK FZC and many more. Formation, License fees & time frame varies as per zone policy. Hence depends upon the business plan and products, we shall recommend the suitable zone for you to set up.

  • FZC – formed company with more than 2 shareholders and directors.
  • FZE – formed company with 1 shareholder and director ( both are same )

Offshore Company

Offshore company shall be formed when you are not planning to stay in UAE and do business and investment in any part of world. This is suitable to carry out trading, investment and overseas business. Resident visa is not available to owners.

Formation & time frame varies as per zone policy. Hence depends upon the business plan and products, we shall recommend the suitable zone for you to set up.

Advantage of Offshore Company

  • 100 % ownership allowed in Company by Foreigners.
  • Zero tax on profit, income, gain and full repatriation allowed
  • No need to take resident visas to stay in UAE.
  • Your presence is not required to form company
  • No audit required at the time of renewal of company
  • Any individual or corporate body (overseas) may incorporate a UAE company.
  • Easy to form and run the business in UAE and any part of the world
  • Minimum One director required to form company and can have more if required
  • No Local Shareholder & Director required to form and manage the company
  • No major restrictions on the type of business activities that a company can engage in.
  • No special approvals are required by foreigner means they are at par with locals.
  • No Restriction or obligation for local employment of work force.
  • Company can issue Ordinary shares
  • Local Registered virtual office required – provided by Zone.

Advantage of Business set up in UAE

  • Well planned, developed & growing economy
  • Part of fast growing economy in GCC country
  • Strong and well balance country with business growth
  • Well developed banking and financial hub
  • Secured and safe business enviourment
  • Basic business rule and policy in line with international business standard
  • Well developed infrastructure, port, transport facility
  • Well cultured and educated work force
  • Well connected with GCC, Europe, Africa and Asian Market
  • Major hub for MNCs, Trading house and Investment banker

Business Trade License Renewal

Business Trade License renewal is compulsory every year and need to pay government charges for the same. Any delay shall attract penalty and freeze of bank account after grace period. Even delay may have impact on your resident visa.