New York, NY (Top40 Charts) If you decide to register a company in the UAE, you will make the right choice undoubtedly. The UAE is a symbol of successful economic development not only within this country but also on the international level.
Currently, the UAE is a leader in attracting international investment. This lies in the fact that the government gives considerable support to medium and small businesses, investing its resources in infrastructure development. Reliable protection of the rights of foreign investors is provided by the legislative framework. The absence of restrictions on the export of capital from the territory of the country and the taxation system make UAE company registration increasingly attractive to businessmen from different parts of the world.
In the UAE there is a list of different organizational and legal forms for companies, which makes it easy to solve many business tasks. The most popular forms are:
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Residential company with participating of local partner - this type of company has general jurisdiction. By law, non-residents have the right to own no more than 49% of shares in a company. If you have an agreement with a local partner, this gives you the right to carry out activities throughout the country.
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Company that is registered in a free zone - registration of such a company gives the right to a foreign citizen to own it in full. In such a zone there is also no taxation system and no duties on import and export of products, but the activity must be carried out either within the free zone or internationally.
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Offshore companies in free zones - companies of this type have the right to conduct any type of activity outside the UAE. 100% foreign ownership is allowed. For this type of company, there are no requirements for renting an office or filing reports.
These legal forms of operation create increased opportunities in copyrights management in the entire region but also on a global scale.
Where is the best place to start a business in the UAE
It is no longer a secret that business in the UAE opens up great prospects and provides ample opportunities, that is why the UAE is among the ten most favorable countries for doing business directly in the country and in organizing and running an international business. But which place is better to choose in the country itself to open a business?
Basing on the statistics of many international studies and reports, one of the most favorable choices will be to open business in Dubai. It is important to note that the criteria for this rating are such indicators as:
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the total population and qualifications of the available labor force;
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conditions for doing business and the degree of transparency and security;
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legislative base and legal security;
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infrastructure.
The Dubai market is distinguished by a balanced system, including the availability of opportunities for both large, medium and small businesses. For anyone who has facilities, ideas and energy, Dubai can be a reliable and profitable base for business.
Dubai is being built and developed in such a direction as to actively attract diverse international companies in various areas of commercial activity. Every foreign investor today understands that a profitable business in Dubai is quite real and there are all the necessary conditions for it.
If you are interested in opening a company in the UAE, we recommend you to contact a professional consulting agency to facilitate all related procedures. Specialists will help you with registering a company, obtaining the necessary licenses, obtaining a resident visa and opening a bank account in Dubai. This will significantly reduce your costs and save your time.
