Types of Companies That Can Be Formed in UAE
Primacy Management Consultation is well-aware of the company formation laws and regulations, and can help you set up business in UAE and avail required licenses (Industrial/Service License, Trading/Commercial License, and Professional/General Trading License). There are 3 types of business that can be setup in United Arab Emirates, these are:
1.Free Zone Company:
Free Zones are the most sought-after locations to setup a company as these have special Customs, Tax, and Import rules and regulations, and are not governed by general procedures applicable in the Middle East.
There are 23 free zones in UAE that allow foreign investors to own 100% shares in the company without the need of a local sponsor. Contact PMC to setup business in these free trade havens.
2. Offshore Company:
Offshore companies allow parties to centralize their resources and make investments to maximize tax benefits. Offshore company owners can invest in Commodities, Shares, Stocks and Properties like their onshore counterparts but don't have to pay taxes on Profits in case of inheritance.
We help our clients setup Offshore Holding Companies and achieve maximum tax savings.
3. Mainland Company
Business entities located within the limitation of commercialized geographical areas that fall under the jurisdiction of the Emirates government, are known as Mainland Companies.
Mainland forms one of the most developed business setups, as they are regulated by UAE legal structure and government policies.
We can help you setup any of the following Mainland companies:
- Limited Liability Company
- Professional Firms
- Branch Offices
- Representative Offices
- Public Shareholding Companies