BUSINESS SETUP IN DUBAI – WHO CAN APPLY
Nearly any type of your global business can be relocated to the UAE. Business setup in UAE is mostly sought after by the following categories of entrepreneurs:
BENEFITS OF BUSINESS SETUP IN UAE:
BUSINESS SETUP SERVICES IN DUBAI USUALLY INCLUDE:
Types of UAE companies for international business include offshore company formation in Dubai, business setup in the UAE free zones and local mainland company registration.
The most popular type of UAE company for international business registration is the free zone. It is owned 100% by a foreign individual or company and can do business in and out of the UAE.
ANNUAL MAINTENANCE OF UAE BUSINESSThe UAE is a low tax country with no income tax and only 9% corporate tax, which can be reduced to zero in some cases, for example, when doing business in free zones. Starting from 2023, all companies registered in the UAE must provide tax reports even if they are exempt from corporate tax. In general, annual maintenance of the UAE companies is straightforward and includes the following:
- Payment for license and office lease for the next year- Updating the bank about company renewal
- Providing annual corporate tax reports
- Annual bookkeeping