How to Setup an UAE Onshore Company?
An onshore company is the most common type of company registered in the UAE. The onshore company can take the form of a limited liability company. The country offers investors two types of registration in the UAE: the free zone and the mainland.
Anywhere in the UAE that falls under the jurisdiction of the Emirati Government’s commercialized spatial zones, an Onshore Free Trade Zone firm can be quickly established and may be 100% controlled by a foreign national.
The majority shareholder or authorized agent representative must generally be a national of the UAE, and mainland enterprises must also have full, unfettered access to both the domestic UAE market and international markets.
The maximum number of visas is determined by the type of firm, and they are provided for a duration of three years. Directors, stockholders, and staff may be granted resident visas. Requires a UAE national to mandatorily hold at least 51% of the total equity of any commercial business registered as a limited liability company (LLC). The maximum shareholding allowed for a foreign national in an LLC is 49%.
Advantages of setting up UAE Onshore Company
Are you eligible to open a company in UAE?
We can assist you with company registration in Dubai with expertise and experience. We are aware that building a new company from the start can be difficult. Before moving forward with your Dubai company registration, you as a foreigner must be aware with all of the laws and regulations of the country.
Types of UAE Business Registration?
Mainland Business Registration
Investors from all around the world frequently choose Dubai’s Mainland. You can conduct business both domestically and abroad if you select a mainland business jurisdiction. Additionally, the mainland presents excellent opportunities for the growth and extension. The mainland license is given out by the Department of Economic Development (DED).
Free Zone Business Registration
In Dubai, free zone business growth has risen in popularity over years. Free zones are commercial areas where you are allowed to conduct business operations, but only there. More than 30 free zones exist in Dubai, and each one is governed and issued licenses by a separate government. Due to their many benefits, free zones are preferred by foreign companies.
Types of Licenses for Companies
These licenses are a requirement if your business will be storing goods and transporting for the intention of wholesale, retail or any other profit-generating activity.
TRADE LICENSE
For any commerce-related activity within the UAE, a trade license is necessary. These permits are necessary if your company will be shipping and storing items with the aim of selling them for a profit either wholesale or retail.
INDUSTRIAL LICENSE
With the use of this permit, a company is able to make investments in natural resources and the transformation of raw materials for use in manufacturing, including the packaging and distribution of finished goods.
PROFESSIONAL LICENSE
Consulting, accounting, medical and other services are all covered by professional licenses. This license applies to service-based operations that don’t rely on machinery or capital but instead on physical or mental effort.
WANT TO SETUP A COMPANY IN UAE?
Let our Immigration Consultant help you find the Best Solution
WANT TO SETUP A COMPANY IN UAE?
Let our Immigration Consultant help you find the Best Solution
