Operating Jurisdictions
United Arab Emirates gives you multiple choices when it comes to setting up a business here. You can either opt for a mainland limited liability company or a free zone company. Your search for the operating jurisdiction should depend on your business type and kind of activities you want to take up in UAE. If you want to trade within UAE, you can opt to set up a mainland LLC. If you would like complete control over your business and enjoy UAE’s tax-free environment by working out of UAE but not trading within, a freezone company is the best deal for you. In case you do not want to set up an office in UAE, but want to protect your assets and ensure complete privacy over your business transactions and profits, you can choose to start an offshore company in UAE. The difference between a limited liability company and a Free Zone company is that a free zone company cannot conduct business in a non-free zone area without a local distributor or agent, whereas a mainland company can.
Mainland
A mainland company is registered with the government body of that particular Emirate and must be sponsored by a UAE national. Each emirate has its own economic development department, which issues business licenses to mainland LLCs. Mainland companies are not geographically limited to free zone districts and can get better deals on office rent and other services. If you have a Dubai mainland LLC trade license, you can have clients from anywhere in UAE as well as international clients. If you want a Dubai mainland business setup, Shuraa Business Setup becomes your local sponsor and service agency. It additionally gets you the trade license and other government approvals as well as takes cares of your visa and immigration needs. Mainland company registration in Dubai becomes easy and affordable with Shuraa Business Setup services.
Free Zone
A free zone is a separate physical entity with its own set of rules and regulations. The main lure of a business setup in UAE free zones is that it allows for 100% foreign ownership. Free zones offer international companies excellent infrastructure, asset protection and tax exemptions. Each free zone has its own advantages and limitations and you need to carefully go through the rules governing each freezone to decide where you should set up a freezone company. As a freezone establishment, you can conduct business only within that free zone and are not licensed to operate anywhere else in UAE. But the fabulous tax benefits far outshine any limitations. Shuraa Business Setup provides quick and cost-effective service packages for your business setup needs in UAE free zones. From company registration to getting trade licenses, we handle all your UAE free zone company formation requirements.
Offshore
Offshore company formation in UAE is the way to go if you want to conduct your business privately and protect your wealth and assets. Being non-resident companies, UAE offshore companies cannot conduct business in the Emirates and only get a certification of incorporation. But setting up a UAE offshore company protects you completely as the Emirates has not entered into any financial information-sharing treaties with different countries.
The Main Advantages of Offshore Company Formation are:
- Reduces tax burden
- Protects wealth
- Protects assets
- Helps in succession planning
- Low set-up and maintenance costs
Offshore companies are subject to intense legal scrutiny to prevent abuses of the system, and Shuraa Business Setup ensures that our clients’ offshore companies are formed in accordance to UAE’s legal system.