UAE Company Formation
The United Arab Emirates is one of the world’s top countries for ease of doing business, with over 30,000 new businesses registered during the first half of 2023. By establishing a business presence in the UAE, you gain the advantages of being in a strategic location, taking part in a multicultural environment, political and economic stability, and modern infrastructure. At Tsavorite, our team can help you efficiently and properly set up your company in the UAE from start to finish.
Setting up a company in the UAE provides numerous benefits for businesses aiming
to establish their presence in the Middle East.
Some of the benefits include:
- Strategic location: Due to being situated at the crossroads of Europe, Asia, and Africa, the UAE serves as a central hub for international trade and ecommerce
- Well- developed infrastructure
- Diversification of its econom
These factors help create the UAE as a desirable destination for businesses to expand their operations into new markets. Tsavorite can help you get started in launching your business in the UAE by offering our company formation services that make the process reliable, easy, and efficient.
UAE Company Formation Services:
- Trading Company Formation
- Holding Company Formation
- Areas Where You Can Establish Your Company Presence
- Types of Business Licenses in the UAE
- The Process of Company Formation in the UAE
Trading Company Formation:
We will partner closely with you to ensure the proper establishment of your trading company, adherence to all relevant rules and regulations, and assistance with obtaining the necessary authorizations and permits from the authorities.
Holding Company Formation:
We will assist you with the establishment of your UAE holding company and offer any assistance as your company develops and grows. We also provide help with various issues, including business expansion and the resolution of legal disputes.
We will be there to guide you through every step of company formation, including:
- Creating your business plan and submitting it to the appropriate authorities
- Choosing the fitting jurisdiction for your business
- Obtaining residency visas and UAE Residency Cards for your shareholders,
- directors, employees, and family members
- Opening bank accounts
- Authenticating and submitting documentary requirements
- Following up with relevant authorities
The Areas Where You Can Establish Your Company Presence
A. Free Zones
Establishing a company in a UAE Free Zone offers several benefits, including 100% foreign ownership, 100% repatriation of profits, and operating in a low tax policy, which includes being exempt from value added tax (VAT), corporate tax, and customs.
B. Mainland
Mainland companies exhibit greater flexibility in their operations and have a wider access to business activities compared to companies in the free zones. Several benefits of a mainland company include easier access to the local market, zero capital requirement, 100% corporate tax exemption, and no annual audit requirements.
C. Offshore
Setting up an offshore company can offer various benefits depending on the corporate law in the relevant jurisdiction. However, some benefits include certain tax exemptions, including exemption from VAT, corporate and income taxes.
Types of business Licenses in the UAE:
When registering a company in the UAE, there are three types of business license one can choose from:
A. Commercial Trade License
Companies who want to conduct a wide range of commercial activities, including trading, buying, selling and distributing goods or services, require a commercial trade license.
B. Industrial Trade License
Companies who want to engage in specific industrial activities, including manufacturing, processing, and production, require an industrial trade license.
C. Professional Trade License
Companies who want to provide professional services such as consulting, legal, accounting, or other specialized services, require a professional trade license.
The Process of Company Formation in the UAE
The company formation process in the UAE consists of several steps, including making decisions about where to set up your company, what type of company structure to choose from, and how to obtain the necessary licenses and approvals. Below is the condensed process of what we offer:
- Professional Consultation
- Choosing and registering the company name and business license
- Preparing the necessary documents
- Submitting the required documents
- Acquiring residency visa for investors
- Opening a corporate bank account
The Establishing a Company in the UAE with Tsavorite
At Tsavorite, we value each individual and each company. Therefore, we will help you with establishing a company in the UAE by assisting you in every step of the way, including from choosing the right business structure to obtaining the necessary licenses and visas that fit your needs.