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Register a company in the United Arab Emirates
Comprehensive assistance in company registration, including banking services
How to register a company in the United Arab Emirates
1
Document submission
You submit to us necessary documents of the future founders and directors for the purposes of company registration in the United Arab Emirates and opening a bank account in the United Arab Emirates
2
Payment of services
Payment of our services for company incorporation in the United Arab Emirates and/or bank account assistance in the United Arab Emirates
3
Company registration
We register a new company in the United Arab Emirates for you. Upon completion of the registraion corporate documents are either delivered to you or submitted to a bank for the subsequent opening of a bank account
4
Bank account opening
In case you request an assistance with a bank account, we arrange an interview at the bank for you, inform you about the date of the visit and accompany you on your way to the bank. After the bank account is opened and active you receive corporate documents of the registered company as well as the access to the bank account
Key aspects to consider prior to company registration in the United Arab Emirates
There is no corporate income taxation or withholding taxation for companies registered in the United Arab Emirates.
1. Founders that would like to register a company in the United Arab Emirates can either be resident or non-resident in the United Arab Emirates. Founders can be either individuals or legal entities.
2. A resident or a non-resident individual can be a company director in the United Arab Emirates. It is not required to set up a company in the United Arab Emirates with a resident individual as one of its shareholders or directors.
3. There are 3 jurisdictions in which a company can be registered in the United Arab Emirates: Mainland, Free Zone or Offshore jurisdiction. Mainland companies can operate in every emirate and outside of the UAE, Free Zone companies can operate within their free zone and outside of the UAE, Offshore companies can operate only outside of the UAE.
4. One individual can register a company in the United Arab Emirates and simultaneously be a shareholder and a director in this company if such company is incorporated as a Free Zone or a Mainland limited liability company.
5. There is no requirement for creating substance in the United Arab Emirates in order to establish a company in the United Arab Emirates, however, it is highly recommended for Mainland companies and Free Zone companeis to rent an office in order to open a corporate bank account and to conduct business in the UAE. Offshore companies can only rent a registered office and not an office space.
6. Minimum share capital depends on the type of company that is either registered as a Mainland, a Free Zone or an Offshore company. The amount of the minimum share capital varies from AED 0 up to AED 300,000.
7. Information about company founders, shareholders and directors after company registration in the United Arab Emirates is complete is not publicly available in the state corporate register.
8. We can help you register a company in the United Arab Emirates, remotely, on the basis of a power of attorney. It is necessary for the director of the new company to travel to the United Arab Emirates for 1 day in order to open a corporate bank account.
2. A resident or a non-resident individual can be a company director in the United Arab Emirates. It is not required to set up a company in the United Arab Emirates with a resident individual as one of its shareholders or directors.
3. There are 3 jurisdictions in which a company can be registered in the United Arab Emirates: Mainland, Free Zone or Offshore jurisdiction. Mainland companies can operate in every emirate and outside of the UAE, Free Zone companies can operate within their free zone and outside of the UAE, Offshore companies can operate only outside of the UAE.
4. One individual can register a company in the United Arab Emirates and simultaneously be a shareholder and a director in this company if such company is incorporated as a Free Zone or a Mainland limited liability company.
5. There is no requirement for creating substance in the United Arab Emirates in order to establish a company in the United Arab Emirates, however, it is highly recommended for Mainland companies and Free Zone companeis to rent an office in order to open a corporate bank account and to conduct business in the UAE. Offshore companies can only rent a registered office and not an office space.
6. Minimum share capital depends on the type of company that is either registered as a Mainland, a Free Zone or an Offshore company. The amount of the minimum share capital varies from AED 0 up to AED 300,000.
7. Information about company founders, shareholders and directors after company registration in the United Arab Emirates is complete is not publicly available in the state corporate register.
8. We can help you register a company in the United Arab Emirates, remotely, on the basis of a power of attorney. It is necessary for the director of the new company to travel to the United Arab Emirates for 1 day in order to open a corporate bank account.
Cost of services
Formation of a Free Zone Company
Timeframe - 15-20 business days
Timeframe - 15-20 business days
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for company formation
Advantages of incorporating a company in the United Arab Emirates
Attractive business-environment
- One of the largest financial and business centers
- Attractive investment climate
- The United Arab Emirates is located on the crossroads of the trade routes between Eastern and Western states
- World-class industrial zones
- A diversified economy
- Vast natural resources
- High purchasing power
- Well-developed infrastructure
- Low inflation rate
Stability and security
- Political stability
- Secure legal and justice systems
- Comprehensive protection of property rights
- Comprehensive personal security
- Investment protection
Tax benefits
- No corporate income taxation
- No capital gains taxation
- No withholding taxation
- No personal income taxation
- Multiple free zones
- Multiple double tax treaties
No foreign exchange controls
- The UAE state regulations do not impose foreign exchange controls. Individuals and business entities, either resident or non-resident in the UAE may open bank accounts in local banks in any currency
Ease of establishing and doing business
- Remote company registration in the United Arab Emirates is available for any foreign individuals
- 100% foreign ownership of a Free Zone or an offshore company is available
More about the United Arab Emirates
The United Arab Emirates is located in the Middle East in the eastern part of the Arabian Peninsula and borders Saudi Arabia and Oman, as well as has a maritime border in the Persian Gulf with Qatar and Iran. The capital city of the United Arab Emirates is Abu Dhabi, the location of key government institutions.
The United Arab Emirates is an elective monarchy consisting of a federation of seven emirates: Abu Dhabi, Ajman, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain.
Population of the United Arab Emirates amounts to around 10,2 million people.
The United Arab Emirates is an elective monarchy consisting of a federation of seven emirates: Abu Dhabi, Ajman, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain.
Population of the United Arab Emirates amounts to around 10,2 million people.
Official currency of the United Arab Emirates is the United Arab Emirates dirham (AED).
The United Arab Emirates has the 5th largest economy in the Middle East. It is significantly dependent on the export of oil, petroleum and natural gas. In 2010 oil export amounted to over 80% of the country's economy. Since then the economy has diversified due to large scale construction, expansion of manufacturing and industrial production, as well as thriving tertiary sector and tourism. Federal and individual Emirate governments have invested heavily in sectors such as renewable energy, aluminium production, tourism, aviation, re-export commerce, telecommunications, and advanced technologies.
In terms of foreign trade, the largest goods contributing to the country's export are oil, petroleum, natural gas, gold, electrical equipment, precios stones, jewellery, luxury items and vehicles, textiles and clothing, date fruits, tobacco.
Imports of the United Arab Emirates consist of food, electrical machinery and equipment, cars and vehicles, electric conductors, consumer goods, medicaments.
Primary trading partners of the United Arab Emirates are Saudi Arabia, Turkey, Kuwait, Oman, India, Switzerland, the United Kingdom, Germany, Netherlands, Switzerland, the USA, China, Hong Kong, Japan, Vietnam.
The GDP of the United Arab Emirates grew by 3.9% in 2021 and amounted to USD 421 billion. Tertiary sector makes up around 50% of the GDP of the country, followed by industry sector at 49.2% and agriculture at around 1%.
The United Arab Emirates has the 5th largest economy in the Middle East. It is significantly dependent on the export of oil, petroleum and natural gas. In 2010 oil export amounted to over 80% of the country's economy. Since then the economy has diversified due to large scale construction, expansion of manufacturing and industrial production, as well as thriving tertiary sector and tourism. Federal and individual Emirate governments have invested heavily in sectors such as renewable energy, aluminium production, tourism, aviation, re-export commerce, telecommunications, and advanced technologies.
In terms of foreign trade, the largest goods contributing to the country's export are oil, petroleum, natural gas, gold, electrical equipment, precios stones, jewellery, luxury items and vehicles, textiles and clothing, date fruits, tobacco.
Imports of the United Arab Emirates consist of food, electrical machinery and equipment, cars and vehicles, electric conductors, consumer goods, medicaments.
Primary trading partners of the United Arab Emirates are Saudi Arabia, Turkey, Kuwait, Oman, India, Switzerland, the United Kingdom, Germany, Netherlands, Switzerland, the USA, China, Hong Kong, Japan, Vietnam.
The GDP of the United Arab Emirates grew by 3.9% in 2021 and amounted to USD 421 billion. Tertiary sector makes up around 50% of the GDP of the country, followed by industry sector at 49.2% and agriculture at around 1%.
International business expands to the United Arab Emirates and incorporates a company in the United Arab Emirates primarily for manufacturing, construction, services, wholesale and retail trading, e-commerce, IT, renewable energy, tourism, telecommunications, advance technologies, real estate, financial services, mining and quarry exploitation.
Restricted for foreign entrepreneurs are the following sectors:
Restricted for foreign entrepreneurs are the following sectors:
- exploration adn production of petroleum materials
- national defense
- investigations, security, military sectors
- manufacturing of arms, explosives and military equipment, devices and clothing
- banking
- insurance
- gambling
- sale of alcohol
- operational activity of airports and seaports
- postal services.
- Corporate income tax - 0%
- Dividend withholding tax - 0%
- Interest withholding tax - 0%
- Royalties withholding tax - 0%
- Capital gains tax - 0%
- VAT - Standard tax rate 5% or the reduced rate of 0% or tax exempt. Tax returns are filed on a quarterly basis by the majority of commercial organizations
- Personal income tax - 0%.
Key types of business entities in the United Arab Emirates can be registered in the following jurisdictions: Mainland, Free Zone and Offshore. Primary types of companies are:
1. Limited liability company
2. General partnership
3. Limited partnership
4. Private corporation
5. Public corporation
6. Civil company
7. Branch of a foreign company
To receive a detailed description of the company formation procedure in the United Arab Emirates and information about documents necessary for company formation in the United Arab Emirates please contact our experts.
1. Limited liability company
2. General partnership
3. Limited partnership
4. Private corporation
5. Public corporation
6. Civil company
7. Branch of a foreign company
To receive a detailed description of the company formation procedure in the United Arab Emirates and information about documents necessary for company formation in the United Arab Emirates please contact our experts.
Send a request for company formation in the United Arab Emirates
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Phone: +44 20 8157 4037
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128 City Road,
London, EC1V 2NX
Phone: +44 20 8157 4037
Email: request@pil-services.com
