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Good News: UAE No Longer on European Union Blacklist

22 February 2018

The European Union recently removed several countries, including the UAE, from its “blacklist” of Uncooperative Tax Havens. The move is due to the country’s improved tax transparency. In addition, 113 more agreements between the UAE and EU were set down to avoid the double taxation problem, including 8 that would mean greater tax information exchange.[...]

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Benefits of Setting Up a Shams Free Zone Company In the United Arab Emirates

15 January 2018

Globalization has meant that if you wish to set up a new company, such as an Ecommerce, consultancy or trading business, you don’t have to sieve through commercial property pages in your local area. With places like Dubai around, you can save yourself a lot of dollars by taking your business there, as the Shams Free Zone offers a lot of concessions to businesses...

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Our Commitment

  1. Your Dubai Commercial License issued within 5 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members.
  5. Setting up your company with a bank account including eBanking and debit card
Dubai Commercial License

Dubai Commercial License Company characteristics:

Company typeLimited Liability Company
Governing corporate legislationDepartment of Economic Development Dubai
Information published relating to company officersNo public register of company officers
ConfidentialityComplete confidentiality
Accounting requirementNo accounting or reporting requirements
TaxationNo taxes
LegislationUAE Federal law and UAE Companies Law
Standard currencyUAE Dirhams pegged to USD
Time to form5 working days
CommunicationEfficient communication
Local sponsor requirementLocal sponsor is needed, holding minimum of 51% shares
Residence Visa issuanceResidence Visa issued

Information concerning Dubai Commercial License

Dubai Commercial License Company

According to Article 22 of the Companies Law, there must be a minimum holding of 51% by the UAE national although by Article 227(2) it is made clear that the distribution of profits and losses of this entity can be done disproportionately to the shareholdings. In effect, this entity can have a local owning 51% percent, but being paid a lump sum annual payment to act as a local sponsor.

* Please see our Terms & Conditions