Ease of Doing Business Highly Competitive Workplace Tax Exemptions 100% Ownership Strategically Located Highly developed infrastructure Complete Repatriation of Profits Simple Visa Procedure Quality of Life Supportive Government Access to International Markets In this type of corporate structure, the liability of the shareholders is limited to the extent of their capital contribution. To establish an LLC in UAE, one has to obtain sponsorship from a UAE national or a wholly-owned UAE company to act as a national agent or sponsor. There is no requirement of a minimum capital however, a generally accepted practice is that an LLC should have at least AED 100,000. No income tax is levied on corporates except when the company is involved in economic activities such as oil, gas, etc. For registration of a company, a physical office space is required and a minimum of 1 director or manager is required. Even though there is no constraint on the repatriation of funds, the company has to maintain a legal reserve of 10% of the LLC's net profits. In a Joint Stock Company in UAE, the capital is divided into negotiable shares of equal value. The partners of the company have limited liability. Further, there are two types of Joint Stock Companies in UAE viz., Private Joint Stock Companies and Public Joint Stock Companies. A Joint Stock Company should have a minimum of 2-15 directors, elected for a tenure of 3 years. The majority of the board, including the chairman, should be UAE nationals. For incorporation of a public joint stock company, a minimum share capital of AED 10,000,000 and a minimum of 10 founders are necessary. Whereas for the incorporation of a private joint stock company minimum capital of AED 2,000,000 is required along with a minimum of 3 founders. A dual license branch office is a branch office of a free zone company in the mainland area. Such branch offices have to hold additional licenses in furtherance of a free zone license. The purpose of this additional license is that it reduces the cost and duration to incorporate a separate company. A mainland office is considered a branch office of the free zone company and not a subsidiary so, there is no requirement to appoint a local sponsor. The office is not registered with the UAE Ministry of Labour therefore, it is not eligible to issue labor cards or permits. Further, its staff should be a holder of free zone resident visas. A trade representative office is an extension of the parent company so it does not have a separate independent entity. It has limited functions such as collecting information for projects completed by the company and acting as a marketing and administrative center in UAE. For establishing a representative trade office, a UAE national agent is appointed or a wholly-owned company of UAE nationals. There is a restriction on a trade representative office that it cannot purchase any UAE property in its name. For establishing a trade representative office, a non-refundable deposit of AED 50,000 is deposited which cannot be used as working capital. Free Zones are companies established in zones where special laws related to customs, tax, ownership, etc prevail which are distinct from mainland UAE. Two types of corporate structures can be established in a Free Zone Area viz., Free Zone Company and Free Zone Establishment. Free Zone Company or LLC: A free zone LLC can have up to 5 shareholders. Shareholders can be either natural or legal persons. The legal requirements to be followed are the rules and regulations framed under the respective Free Zone. Free Zone Establishment: A free zone establishment has a single shareholder with limited liability. It can be incorporated by both a natural as well as a legal person. The legal requirements to be followed by a free zone establishment are rules and regulations framed by the respective Free Zone. A branch office is an extension of the parent company hence, it is not considered as a separate legal entity. Any local or foreign company can have a branch office either on the Mainland or in the free zones of the UAE. Corporate Tax (UAE CT) Corporate Branch Income Excise Taxes Value-Added Tax (VAT) Custom Duties Municipal or Property Tax Withholding Tax Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe. Our UAE Entry Strategy services involve the following services:Benefits of Doing Business in UAE
Different Types of Business Structures in UAE
1. Limited Liability Company
Joint Stock Company
Dual License Branch Office
Trade Representation Office
Free Zone Companies
Branch Office
Different Types of Taxes in UAE
About our Services
Opening a Bank Account in Dubai
Open Bank Account in Abu Dhabi
Open Bank account in Ras Al Khaimah
Dubai Mainland Company Formation
Sole Establishment Registration in Dubai
Dubai Offshore Company Registration
Local Sponsorship Services in Dubai
Limited Liability Company (LLC) Formation in Dubai
Virtual Office Solutions in Dubai
Business Setup in Abu Dhabi Airport Free Zone
Business Setup in Ras Al Khaimah Free Zones
RAK Offshore Company formation
Free Zone Company Registration in Dubai
Branch Office Registration in Dubai
Company Formation in Ras Al Khaimah
Business Setup in DMCC Free Zone
Open a Corporate Bank Account in UAE
Trade Name Registration in Dubai
Our UAE Entry Strategy is classified into the following:
Business Structures available in UAE are Limited Liability Corporations (LLC), Joint Stock Companies, Dual License Branch Office, Trade Representative Offices, Free Zone Companies, and Branch Office. Our business set-up services include advisory related to the type of business structure you should opt for to set up business in UAE. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.
Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory on issues related to the management of the business.
Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal Documents for your business and review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.
Our experts provide bookkeeping services, assuring the proper maintenance of different accounting records. This involves keeping thorough and organized financial records, such as cash books, general ledgers, fixed asset registers and accounts receivable and payable sub-ledgers. In addition to this, we also provide financial reporting, accounting guidance, and bookkeeping services. They aid in producing accurate financial accounts, ensure conformity to accounting standards, and offer qualified advice on complex accounting matters. The accounts and financial statements are prepared to reflect the true and fair view of the company’s operations. On behalf of our clients, we ensure that the accounting and audit requirements are fulfilled.
Our tax experts will assist you in effectively managing your tax obligations and identifying opportunities to lower tax expenses. We ensure that the tax return is timely filed. We provide advisory on direct as well as indirect taxes. As the globe becomes increasingly linked, businesses regularly engage in cross-border transactions with intricate tax ramifications. We provide thorough advice on international tax compliance, double taxation agreements, transfer pricing, and international tax planning using our worldwide tax consultancy services. Our knowledge aids companies in overcoming the difficulties associated with international taxes and strengthening their worldwide tax position.
Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant Documents. Our team of IP experts also advises on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.
The total cost of starting a company in the UAE can range from AED 20,000 to AED 200,000.
Yes, a foreigner can start a business in UAE.
To start a business in UAE, you will have to follow the below steps:
i. Select a legal form for your business.
ii. Register a trade name.
iii. Apply for initial approval.
iv. Draft Memorandum of Association or Local Service Agent Agreement.
v. Get government approvals.
vi. Apply for a Business License.
vii. Open a Bank Account.
viii. Check the status of company registration.
Yes, 50,000 AED is enough in Dubai.
Yes, Indian nationals are allowed to open a business in Dubai.
IT Solutions is in high demand in Dubai. Apart from this, Manufacturing, e-commerce, and logistics are some of the sectors which are in high demand in Dubai.
You can start an e-commerce business such as online grocery delivery business, online food delivery business, or online medicine delivery business.
24x7 Client relationship support desk.
Tech-enabled service delivery platform.
Dedicated foreign Investment desk.
50,000+ Network of Lawyers/Attorney’s/ UAECA/CA/CPA/CFA.
Strong team of Inhouse Lawyers/Attorney’s/ UAECA/CA/CPA/CFA
Individual and Dedicated professionals on every assignment.
We register 100+ Companies every Month.
If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.
-- Testimonials
“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.”
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.”
“Amazing services provided by your organization. They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.”
“I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.”
“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
Haiden Group - UAE