Brief

Company registration in the UAE, especially in Dubai, offers a host of tangible benefits making it a popular choice for entrepreneurs and businesses worldwide due to the state of art life style, infrastructure  and a lot more. With Dubai strategic location at the crossroads of major markets, companies registered in Dubai gain access to a vast network of global opportunities and international trade.

Advantages

• The UAE follows international standards of legal and regulatory procedures
• The UAE ranks first in Macroeconomic Stability (WEF Global Competitiveness Report)
• The UAE ranks fourth in the World Bank’s “Best Countries to Start a Career”
• The UAE ranks first in the Middle East Global Entrepreneurship Index
• The UAE is home to over 10 million people with more than 200 nationalities
• SMEs comprise 95% of registered companies in the UAE
• SMEs contributed to over 55% of the UAEs GDP

Mainland

Registering a company in any of the seven Emirates has become extremely fast where in certain Emirates it takes less than an hour to have the company registered. Establishing a company in the mainland gives you a better exposure to the local market, in case your target market is the UAE market.

The biggest advantage that the mainland company gives you is that you can choose a reasonably low-cost license in any of the low-cost Emirates, however you can sell and promote your products in any of the Emirates in the UAE.

Here are some of what Strategia can help with:

• Set up your company in no time
• Handle the setup from A to Z, including the address, directorship, management and lots more
• Obtain the company name irrespective of its difficulty
• Have the activities you want to practice

Types of License:

Strategia can advise you on the type of license that will help you achieve your business objectives, whether commercial, industrial, professional, etc. no matter what activity (Crypto Trading, Crypto Exchange, Online Gamming, Gold Trading, General Trading, etc.) you are looking for. Following are some of the services we offer:

• Name booking, initial approval, location, address, etc.
• Regulator approval (in case the activity is regulated by and external government regulator)
• Preparation of contracts and articles
• Representation of partners in the competent authorities
• Secretarial and Directorship of the company
• Financial consultancy
• Legal affairs

Free Zones

There are dozens of free zones in the UAE with the majority being located in Dubai, a free zone is a designated geographic area where certain business activities can take place with specific advantages and incentives. These free zones are made to attract foreign investment and promote economic growth. Companies established in any of Dubai free zones enjoy benefits such as full ownership by foreign investors, exemptions from from VATE and Corporate Tax, exemptions from import and export duties, and streamlined administrative processes. Moreover, Dubai’s strategic location as a global business hub, state-of-the-art infrastructure, and a business-friendly environment contribute to the city’s appeal for entrepreneurs and corporations. The diverse economy and the cosmopolitan lifestyle also make Dubai an attractive destination for businesses looking to expand or establish a presence in the Middle East.

Free Zone Advantages

• Full flexibility in scaling up or scaling down of a company
• 100% ownership
• Tax exemption
• Specialized free zones for specialized activities (DIFC & ADGM for financial companies, JAFZA & DAFZA for logistics, DIC & Hamriyah for factories, etc.)
• Flexible office solutions inside and outside the free zone
• Custom free import and export
• Possibility of migration from a free zone to another or to mainland on the same name and structure
• Combine different activities (commercial, industrial, professional, etc.) in the same license
• No physical presence of owners or directors is required

By forming part of an internationally oriented free zone’s global network of professional partners, we act as consultants to entrepreneurs and investors interested in incorporating their free zone business in Dubai.

Tax:

Documents Required for Company Formation:

1- Passport copies and Emirates ID (if available) of ALL partners and directors

2- Full set of document of the existing company’s (home country), in case of a branch or subsidiary

3- Bank statement of the latest 6 month for existing company &/or partner(s)

4- CV of the partners

5- Existing company’s profile and website in case of a branch or subsidiary

6- Full contacts and address of partners and directors

Bank Account:

Companies established in any of the UAE’s free zones are eligible to open company account(s) with any of the banks that are regulated by the UAE Central Bank provided the required documents are submitted to the bank, the account opening usually takes between two to four weeks. With our fast connections with banks, we can make the account opening experience smooth and easy.

Documents Required for Company Account:

1- Full set of company’s document (company reg., partners list, passport copies, Memorandum of Articles, Board Resolution, etc.)

2- Passport copies and Emirates ID of ALL partners

3- Company bank statement for the latest 6 months showing the IBAN from previous bank, from home country if new to UAE

4- Office lease agreement / Ejari

5- Tax Registration Number (TRN) along with the last four VAT declarations, waived for new companies

7- List of at least FIVE suppliers and FIVE clients

8- Office utility bills, if available

9- CV of the key person along with company profile and website