UAE Company Formation
The United Arab Emirates ranks among the top countries globally for ease of doing business. Establishing a business presence in the UAE offers strategic advantages, including a multicultural environment, political and economic stability, and modern infrastructure. At Shanos, our team can assist you in setting up your company in the UAE efficiently and correctly from start to finish.
Setting up a business in the UAE provides numerous benefits for those looking to establish a foothold in the Middle East, including:
- Strategic Location: Positioned at the crossroads of Europe, Asia, and Africa, the UAE serves as a central hub for international trade and e-commerce.
- Well-Developed Infrastructure
- Economic Diversification
These factors make the UAE an attractive destination for businesses seeking to expand into new markets. Shanos is here to help you launch your business in the UAE with our reliable, easy, and efficient company formation services.
UAE Company Formation Services:
- Trading Company Formation
- Holding Company Formation
- Areas Where You Can Establish Your Company Presence
- Types of Business Licenses in the UAE
- The Process of Company Formation in the UAE
Trading Company Formation:
We will work closely with you to ensure the proper setup of your trading company, compliance with all relevant rules and regulations, and support in obtaining the necessary authorizations and permits from the authorities.
Holding Company Formation:
We will support you in establishing your UAE holding company and provide assistance as your business grows and evolves. Our services also cover various areas, including business expansion and resolving legal disputes.
We’ll guide you through every stage of company formation, including:
- Developing your business plan and submitting it to the appropriate authorities
- Selecting the right jurisdiction for your business
- Obtaining residency visas and UAE Residency Cards for your shareholders, directors, employees, and family members
- Opening bank accounts
- Authenticating and submitting necessary documentation
- Following up with relevant authorities
The Areas Where You Can Establish Your Company Presence
A. Free Zones
Setting up a company in a UAE Free Zone provides numerous advantages, such as 100% foreign ownership, full repatriation of profits, and a favorable tax environment that includes exemptions from value-added tax (VAT), corporate tax, and customs duties.
B. Mainland
Mainland companies offer greater operational flexibility and broader access to business activities compared to those in free zones. Key benefits of a mainland company include easier access to the local market, no capital requirements, 100% corporate tax exemption, and no annual audit obligations.
C. Offshore
Establishing an offshore company can provide various advantages, depending on the corporate laws of the relevant jurisdiction. Some benefits include certain tax exemptions, such as those from VAT, corporate tax, and income tax.
Types of Business Licenses in the UAE:
When registering a company in the UAE, there are three types of business licenses to choose from:
A. Commercial Trade License
Required for companies engaging in a wide range of commercial activities, including trading, buying, selling, and distributing goods or services.
B. Industrial Trade License
Necessary for companies involved in specific industrial activities such as manufacturing, processing, and production.
C. Professional Trade License
Needed for companies offering professional services like consulting, legal, accounting, or other specialized services.
The Process of Company Formation in the UAE
The company formation process in the UAE involves several steps, including decisions about your business location, the type of company structure to adopt, and obtaining the necessary licenses and approvals. Here’s a simplified overview of our services:
- Professional consultation
- Choosing and registering the company name and business license
- Preparing the necessary documents
- Submitting the required documentation
- Obtaining residency visas for investors
- Opening a corporate bank account
Establishing a Company in the UAE with Shanos
At Shanos, we prioritize each individual and every company. We will guide you through every step of establishing your company in the UAE, from selecting the right business structure to obtaining the licenses and visas that best meet your needs.