United Arab Emirates- a region of limitless business opportunities. UAE has never failed to attract investors to route in their money into various segments on this land. With endless opportunities in business areas like real estate, travel, hospitality, entertainment, education, health and technology, a businessman sees new and wide horizons of business expansion.
The most awaited Dubai Expo 2020 which is to be set to roar next year, is about to open lucrative, ambitious and robust business opportunities not just limited to Dubai but rest of the emirates as well. UAE/Dubai Investor Visa is launched to make business setups easy and convenient. This visa not only centres around your business but the policies take care of other areas of your need. The geological location of the country is a boon to business operations. With an excellent web of airline services, water routes and land connectivity, UAE offers facilities in abundance.
Dubai has been the most happening emirate in the entire UAE. This emirate has not only promoted tourism but has opened liberal arms for different communities to thrive and grow on its land. Out of all the emirates, Dubai contributes to a substantial ratio to the economy of the country.
Dubai has always been reviving its travel policies and specific visa policies to attract patrons as it has a plethora of opportunities to offer. This also adds prominent value to the country's economy.
Innovative UAE/Dubai Visa and residence policies structured with the latest technology is quite easy and convenient to execute.
UAE On-shore companies are registered and carry out business operations on the mainland of the region. In this case, it will be the jurisdiction of the respective emirate. This type of incorporation entails the use of a Local person as a partner or an agent, depending on the type of incorporation. The local partner is entitled to a yearly fixed fee, which is usually mentioned in the contract. Some o the prominent features are:
A company which is under a single business owner who is responsible for all profits and losses. The business operations are under the direct control of the business owner.
In this type, the business will operate professional operations and is owned by professionals who can be individuals or groups.
Also known as Limited Liability Company that is owned by a minimum of 2 and a maximum of 50 members. Each one of them contributes to the share capital.
Dubai was the first emirate to come up with a Tax-free model in the city. This model is to provide immense relief to business owners, thus expanding the influx of business owners. This vision also adds worth and value to hosting Dubai Expo on this land.
Dubai trade-free zones are dedicated business zones where business operations can be carried out without paying taxes like Value Added Tax, Income Tax, Corporate Tax and customs. The main objective of this inclusion into the economy of the country is to promote it through foreign investments by facilitating economic activities within the city.
Trading or conducting business-related activities in Dubai free-trade zones will aid tax-free business, complete ownership of the business and use UAE as a base for manufacturing and distribution. To successfully register and operate your business, business owners should take complete cognizance of the pre-requisites while setting up.
UAE provides you with a choice to set up business operations outside its legal jurisdiction or location. It is different from the Dubai Free-Trade Zones as they are On-shore zones in the jurisdiction of the Emirate of Dubai. You may require the benefits of operating your business outside the location under which the business/company is registered. UAE provides you with this opportunity to operate in areas that provide the following benefit while your registered location is different:
The company must maintain account and operation record of 10 years from the date of commencement of operations.
Minimum of two directors are mandatory. Corporate directors are not eligible here.
The company should have a secretary. Either of the directors can act as a company secretary.
No minimum share capital is required.
Minimum one shareholder is required in the formation. International corporate shareholders are also permitted to be shareholders provided they hold attested company documents.
To operate daily international transactions, you can hold an account in the local bank of the UAE.
Details like the names of the directors need not be disclosed in public registers.
The local authorities permit you to hold shares in local UAE companies which are On-shore or in Free trade zones.
You can enjoy the ownership of any property in the UAE.
You are the owner of your company.
Every business entity should maintain an account record of 7 years from the date of commencement of operations. These need not be registered with RAK authorities, however.
Minimum 1 director is required. Corporate directors are permitted.
Every business entity must have a secretary. Any of the directors can act as a company secretary.
No minimum share capital is required.
Minimum one shareholder is required in the formation. International corporate shareholders are also permitted to be shareholders provided they hold attested company documents.
The time taken to process your registration of company or business under RAK off-shore takes 1 week, provided diligent document submission is done.
You will able to carry out international transactions easily by holding an account in the local UAE bank.
Names and contact details of shareholders can be avoided in public registers.
You need not require local shareholding to register or operate business activities.
UAE/Dubai investor visa required sharp and sensible guidance while you apply for the same. At Insta Dubai Visa, visa specialists are seasoned with handling and guiding queries with utmost alertness and patience. Just drop your query at www.instadubaivisa.com. You will be required to fill up an easy and short form. Within no time our team of visa experts will get back to you.
For UAE/Dubai Investor Visa related queries, drop an email to investors@instadubaivisa.com
For UAE/Dubai Company set up queries, drop an email to companysetup@instadubaivisa.com
You can apply for this visa through the online E-government Directorate of Naturalisation and Residency Department (eDNRD) portal, which companies and establishments in Dubai can use to submit visa applications.