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Company setup
Registering a business in the UAE provides a number of advantages. Among them, the opportunity to do business in one of the fastest growing cities in the world, doing business without taxes, obtaining UAE tax resident status and much more. The experienced Blackdot DMCC team will consult for free and help you choose the most suitable option for you.
Types of companies in the UAE
Local company (Mainland)
Company in the Free Economic Zone (Frizon)
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International business company (IBC, offshore)
Most of the activities in the form of LLC (LLC) are available for 100% foreign ownership and do not require the participation of a local partner - an Arab.
For a company that has a professional type of activity, it is necessary to have a local agent with whom a contract is signed. The agent is not a shareholder.
This company has the ability to operate both in the UAE and abroad. Also, the advantage of this type of legal entity is the loyalty of banks.
This type of company allows you to have 100% foreign ownership, however, this type of legal entity has some restrictions on doing business in the UAE.
The advantage is free international trade, export and re-export, wholesale in the UAE.
There are no restrictions on trading within the free zones and on the international market.
Possibility of obtaining residence visas for shareholders and employees, obtaining the status of a UAE tax resident.
It is an effective as well as economical tool for conducting operations and international transactions, as well as hiding shareholders in established structures.
Provides the opportunity to act as a shareholder in registered companies in the United Arab Emirates and outside the country.
Ownership of real estate only in permitted areas in the territory of the emirate of incorporation.
Unlike other types of legal entities, offshore companies are not eligible for resident visas, and it is also difficult to open bank accounts in the UAE. There are restrictions associated with offshore status