- Company in Dubai: what is essential and useful to know

Company in Dubai: what is essential and useful to know

Company in Dubai: what is essential and useful to know

Primarily, most of those who have heard about the United Arab Emirates, know first of all about Dubai. But the UAE consists of 7 Emirates, and each of these Emirates is unique – both in terms of proposals for tourism and for possibilities for business.

Dubai and the other Emirates are not only the place for unforgettable holidays, but it also a place, which is extremely favorable for carrying on local and international business.

Company in Dubai or in another Emirate can be registered by the local citizen, or it can be in the full ownership of a foreign citizen. The cost of such a company depends on its type and permitted activities. The cost of the least expensive company starts from just a bit more than two of thousand dollars. At the same time, such a company may open an account in one of the prestigious and reliable banks in the country and be completely exempted from taxation in the UAE.

The share capital of the company also depends directly on its type and business activity. Contribution of the capital is not required for the basic type of a company.

Management of the company, which is registered in the UAE, can be also done entirely by a foreign citizen, and his stay in the Emirates is not required. In this case the minimum number of the owners and directors is only one. It means that, in order to register a company, you do not require any additional persons – the company can be fully in your possession and under your sole control.

There is no necessity to study all the specifics of the country and all the different categories of companies that can be registered, in order to choose type of company, which is necessary for your goals and which is optimal in terms of expenditures – you just need to contact our company and we will provide you with the comparative features of the various options and provide the optimal solution for your purposes.

After determining the optimal type of the company, its registration takes just from a couple of days to a couple weeks – and you can start working via such a company using all the advantages, which are offered in the UAE.

Company in the UAE, if necessary, can also give the rights to obtain a residence visa in the country for you and for your family.

Concerning the company name – you can send us your proposed names, and we will check it in the companies registry for the availability, or you can send us a description of the proposed activity of the company – and we will send you the suggested possible options of the names, from which you can choose the one you prefer.