Brookes & Partners

UAE

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About
UAE

The UAE offers numerous opportunities for start-up businesses to thrive. Compared to other global economies, business registration in the UAE is a relatively straightforward process. Foreign investors enjoy zero corporate taxation and the ability to repatriate 100% of the profits. 

Capital

Abu Dhabi

Time To Citizenship

Total Area

83,600 sq km

Population

9,599,353

Currency

Dirhams

Exchange Rate

1 USD = 3.67 AED

About The Program

Over the past four decades, the UAE has grown to become an acclaimed global business hub. Out of 198 global economies, the UAE ranked 11th in terms of its ease of doing business, and 25th in terms of starting a business, as per the World Bank’s 2019 Ease of Doing Business report.

The UAE offers numerous opportunities for start-up businesses to thrive. Compared to other global economies, business registration in the UAE is a relatively straightforward process. Foreign investors enjoy zero corporate taxation and the ability to repatriate 100% of the profits. 
 

  • Secure and safe environment for doing business – The country’s well-developed banking system allows foreigners to open businesses and run them without worrying about security
  • Transport and logistics infrastructure - The country is the main trading hub in the Middle East. With an established web of quality infrastructure, the UAE serves as a link to markets in Asia, Africa, and the Middle East
  • Numerous Tax Free Zones - Most foreign companies setting up businesses in the UAE consider doing it in these zones due to the tax-free environment, flexible ownership, and ease of incorporation
  • Stable exchange rates - The United Arab Emirates Dirham (AED) is among the most stable currencies in the world, and is pegged to the US dollar
  • Multicultural environment - The UAE has a very diverse culture. Due to its enabling business environment, the country attracts business professionals from all parts of the globe
  • Friendly immigration laws - The UAE has an expatriate friendly visa regime that makes it easy for business owners and their employees to secure residency
To set up an Onshore Business, which we highly advise for International banking purpsoes, you would need to budget for $10,000 USD or 35,000 AED Per Annum to obtain your license, local agent, virutal office desk and to manage your process.

Process:

  1. Provide us with a minimum of 3 preferred company names
  2. Choose your company structure
  3. Supply a clear passport copy for the Shareholder(s) and Manager
  4. Supply a colour copy of your UAE entry stamp or the latest Visa copy for the Shareholder(s) and Manager
  5. If you are a resident of the UAE, a residence visa copy and NOC from sponsor is required
  6. Indicate desired number of shares and value of shares
  7. Grant power of attorney (optional – only required if the shareholders or appointed officers wish to grant signing powers to others on their behalf).

Expected Timelines:

Stage 1: Trade name reservation

Stage 2: Initial approval issuance

Stage 3: Signing of Local Service Agent / Memorandum agreement (physical presence of the shareholder(s) required).

Stage 4: Company Licensing

Stage 5: Trade License issuance.

ASIA
Bangladesh, Cambodia, Hong Kong (SAR China), Indonesia, Laos, Macao (SAR China), Malaysia, Maldives, Nepal, Philippines, Singapore, Sri Lanka, Timor-Leste

EUROPE
Andorra, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Vatican City

AFRICA
Botswana, Cape Verde Islands, Comores Islands, Egypt, Gambia, Guinea-Bissau, Kenya, Lesotho, Madagascar, Malawi, Mauritania, Mauritius, Mozambique, Rwanda, Senegal, Seychelles, Sierra Leone, Somalia, St. Helena, Tanzania, Togo, Uganda, Zambia,

OCEANIA
Cook Islands, Fiji, French Polynesia, Micronesia, New Caledonia, Niue, Palau Islands, Samoa, Solomon Islands, Tuvalu, Vanuatu

CARIBBEAN
Antigua and Barbuda, Bahamas, Barbados, British Virgin Islands, Cayman Islands, Dominica, Dominican Republic, Grenada, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

AMERICAS
Belize, Bermuda, Bolivia, Costa Rica, Ecuador, Nicaragua, Panama, Peru

MIDDLE EAST
Armenia, Iran
 

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