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DUBAI COMMERCIAL COMPANY FORMATION

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UAE’s most dynamic free zone jurisdiction

22 November 2017

As the rapid success of the UAE continues, Ras Al Khaimah provides spectacular economics opportunities. Ras Al Khaimah is a place great to live with its high quality and affordable housing, shopping malls, and lots of family activities; it could offer a fabulous lifestyle matched only by an environment that is a great place to conduct business [...]

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VAT in the UAE

12 February 2017

As announced in February 2016 by the UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer, the UAE will introduce a Value Added Tax (VAT) of 5% beginning January 1, 2018. The six other states that make up the Gulf Cooperation Council (GCC) region will also be implementing a VAT during this time and/or by January 1, 2019 at the latest [...]

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DUBAI COMMERCIAL LICENSE

Dubai Commercial License

Our commitment

  • Your Dubai Commercial License in 5 working days. *
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • UAE Residency Visa for yourself and family members.
  • Your company with a bank account, including eBanking and debit card.
Contact us to register your company

Dubai Commercial License Company main characteristics:

Company type
Limited Liability Company
Governing corporate legislation
Department of Economic Development Dubai
Information published relating to company officers
There is no public register of company officers
Confidentiality
Complete confidentiality
Accounting requirement
No accounting or reporting requirements
Taxation
No taxes
Legislation
UAE Federal law and UAE Companies Law
Standard currency
UAE dirhams pegged to USD
Time to form
5 working days
Communication
Efficient means of communication
Local sponsor requirement
Local sponsor is needed, holding minimum of 51% shares
Residence visa issuance
Residence 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 refer to our Terms & Conditions