Company Formation Dubai – The Free Zones
Jebel Ali (the JAFZ)
Dubai International Airport Free zone (DAFZA)
The Dubai Technology & Media Free Zone (TECOM)
The Dubai Cars & Automotive Free Zone
The Dubai Health Care City
The Dubai Multi Commodities Centre
The Gold and Diamond Park
For foreign investors considering Company Formation Dubai, a number of free zones exist, and, as such, have a distinct legal status within the UAE. Companies considering Company Registration Dubai and operating within the free zones are not subject to many of the restrictions imposed by the Companies Law and other UAE laws and regulations.
Entities operating within the free zone may be 100% foreign owned and benefit from a guarantee that tax will not be applied for a certain period of time, notwithstanding any subsequent change to federal or local laws.
Incorporation Dubai
If you wish to open a Dubai company, then the type of business that is to be set up will dictate which free zone should be used. For example, DAFZA is intended for businesses that import and export goods and the business activities permitted in TECOM include “design, development, use and maintenance of everything relevant to Information Technology, E-commerce and Media”.
Each free zone is governed by an independent Free Zone Authority (FZA), responsible for issuing to businesses the necessary operating licences for operation within the relevant free zone.
Please contact us for further information on our Dubai Business Registration services or to discuss the best option available for you to open a Dubai company.
LIMITED LIABILITY COMPANY (LLC)
For those considering Company Formation Dubai, this is the most widely used commercial entity for companies with a non UAE national wishing to conduct commercial activities in Dubai. An LLC is a private company and shares in it cannot be offered to the public.
PUBLIC JOINT STOCK COMPANY (PJSC)
Very similar to a UK Public Limited Company or German Aktiengesellschaft (AG). It requires a minimum share capital of AED 10,000,000 and a minimum of 10 founders, who are responsible for the incorporation of the company.
PRIVATE JOINT-STOCK COMPANY (PRIVATE COMPANY)
Similar to a UK Private Limited Company. It requires a minimum share capital of AED 2,000,000 and minimum of three founder shareholders. Shares in a Private Company cannot be offered for public subscription but in all other respects the regulations applicable to a PJSC apply equally to a Private Company.
BRANCH
While a Branch may carry out activities similar to those of its parent company, there are certain activities which are restricted to UAE nationals such as importing goods.
REPRESENTATIVE OFFICE
This office may only promote its foreign parent company’s activities and projects to be performed by the company’s head office by gathering information and soliciting orders. It is not permitted to carry out the parent company’s activities. Representative Offices are also restricted as to the number of employees that they can sponsor and, due to these constraints, Representative Offices tend to act as administrative and marketing centres of their foreign parent company’s head office.
If you wish to open a Dubai company, please contact us for assistance with your incorporation requirements or to discuss any of the above options
COMPANY REGISTRATION DUBAI – BENEFITS AND ASSISTANCE
Company Formation Dubai
Bank Accounts
Consultancy & Services
Family Wealth Protection & Trusts
Investment Companies
Property Owning Companies
Corporate Benefits
Ship & Yacht Ownership
Reduced Taxation Liability
Incorporation Dubai
Fewer Reporting Requirements
Asset Protection
Confidentiality & Anonymity
Simplicity Of Operation
Holding Companies
International Trading
Internet Trading
Probate
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