SET UP YOUR BUSINESS IN DUBAI
International Payments & Business Relocation Services
for Dubai & United Arab Emirates (UAE)
Benefits of relocating to Dubai
Minimal Tax:
9% Corporation Tax on profits over 375,000 AED
(80,000GBP)
0% Income
Tax for Business
Owners & Employees
Free Zones with
100% Foreign
Business Ownership
Gateway to
Emerging Markets
&
Booming Real Estate Market
World Class
Infrastructure
Quality
of Life
TAKE ME TO THE DUBAI SET-UP FORM
SETTING UP
BUSINESS IN
THE UAE
THWAYTES CAPITAL GROUP & NETWORK PARTNERS
We will provide comprehensive services to help and prepare you to execute your business, personal & employee relocation to Dubai.
Here are the 6 steps to setting up a company in the UAE:
CHOOSE THE TYPE OF BUSINESS YOU WANT TO SET UP.
Deciding this will determine which of the 20 Free Zones you can/should use or whether the business can be established in the mainland with or without a sponsor.
DETERMINE THE LEGAL STRUCTURE OF YOUR BUSINESS, SUCH AS LLC, FZE OR PJSC.
This will determine the regulatory body you’ll need to apply for a trade licence.
If you’re setting up in a free zone then this application will be direct with the free zone.
OPEN A MULTI CURRENCY ACCOUNT WITH US.
This will make the process of making payments within the UAE for fees and other business expenses easy whilst you wait to open a bank account.
SECURE AN AVAILABLE TRADE NAME FOR YOUR BUSINESS.
Register your businesses trade name as this will be important for all your documentation.
PREPARE THE NECESSARY DOCUMENTATION
AND BUSINESS PLAN.
Include passport copies.
The business plan is also a mandatory part of the process.
MEMORANDUM or ARTICLES OF ASSOCIATION
(MoA or LSA).
Once approved you will obtain a trade license. After this you will be able to apply for a bank account and apply for visas for yourself and your employees.
START YOUR NEW BUSINESS OVERSEAS
WHY CHOOSE DUBAI TO RELOCATE YOUR BUSINESS?
A Great Place to Live!
The Tax Advantages
The UAE and Dubai in particular are great holiday destinations. It has a long history of tradition yet is modern. There is a strong police presence and crime rates low. There are excellent schools, scenery, coasts and parks.
The large ex-pat community means that there is a wide mix of people to meet as well as their associated cultures and food.
Strategic Location
The UAE sits at the intersection of Europe, Asia and Africa giving businesses access to new and emerging markets, and of course the rapidly growing UAE economy too.
Many companies pay 0% tax, especially in the Free Zones. Even in mainland UAE, the tax rates of corporate, personal and customs are very low.
Exceptional Infrastructure
Many companies pay 0% tax, especially in the Free Zones. Even in mainland UAE, the tax rates of corporate, personal and customs are very low.
Minimal Bureaucracy
Setting up a business, even financial services businesses, is straightforward, although a local agent is required to complete the process.
Full Ownership
The main choice has always been between 100% ownership within the free zones and the requirement for sponsorship of businesses in the mainland. The sponsorship requirements are slowly being relaxed, although some sectors still require sponsorship of 51% business ownership.
Whilst it is relatively easy to set up or relocate a business to the UAE it is not something that can be done remotely. It is strongly advised to use a local agent to talk through your personal options and submit all of the documentation on your behalf. This is especially important when setting up a business in the mainland as this may require a local sponsor, depending upon the type of business you are setting up and your residency status.
Download your Free 17-Point Guide to relocating your business to Dubai/UAE
TAKE ME TO THE RELOCATION FORM