Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
---|---|---|---|---|---|
3950.00 USD | 3075.00 USD | 2 | 0.00% | 0.00 | Нет |
Registration of company in the United Arab EmiratesCompany Law & Trust International offers prompt establishing business in the UAE. Most of the entrepreneurs tends to register an offshore company in the United Arab Emirates, but offshore company in Dubai and other cities of the said jurisdiction is not provided for. Company formation in the United Arab Emirates is necessary to extend the client’s business to the territory of the Asian continent and cooperate successfully with Persian Gulf countries. Among the advantages for registration of companies in the United Arab Emirates there are the following:
Business in the United Arab Emirates: organizational and legal form
Lawyers and tax consultants Law & Trust company will assist You in selecting favorable organizational and legal form of business. You can apply for individual consideration of the situation by phone or on the website. Peculiarities of company registration in the United Arab EmiratesLegal entity or natural person can establish company in the UAE, and registration is possible on behalf of either local citizen or non-resident. When establishing the company it is required to confirm the level of income, as well as provide information on the sources of capital. After foundation of the company the founder's name will be put on one or several registers, depending on the scope of activity of the enterprise and the economic area of registration. Data from the register shall not be disclosed to wide audience or third parties, indicating high level of confidentiality. Registration of the company in the United Arab Emirates in organizational and legal form of Limited or FZC does not allow the establishment of the company in insurance and banking sector. In order to do business in any financial sector additional licensing is required, which is only available to the residents of the state. The companies of other types are registered within 3-4 weeks including the time necessary for collection and preparation of documentation. All normative standards regarding establishment of companies in the territory of the United Arab Emirates are specified in such regulations as Registered Agents Regulations and International Companies Regulations of 2006. The necessity of submitting annual reports by all the undertakings of the country, as well as the payment of contributions amounting not more than $ 400 for Arab offshore and onshore companies are prescribed in these documents. The same standards determine the procedure of opening bank account of the company for contribution of the charter capital. If the founder is natural person, he should have residence permit in the United Arab Emirates. For legal entity it is sufficient to visit the country by means of visitor, tourist or business visas. Special attention during registration of the company in the United Arab Emirates should be paid to the name. Legislation of the state prohibits the use of previously registered names, as well as the presence of particular group of words in the name. The specialists of Law & Trust can provide You with information about the details of the jurisdiction of the United Arab Emirates during private consultation. Calls from the website, applications to the chat and consultations are free of charge. |
Set of documents | |
|
|
Nominee director and shareholder | |
Price: +1317 USD |
|
Square | 83 600.00 |
Population | 5 314 320.00 |
Capital | Abu Dhabi |
Unemployment | 12.10 |
State polity | federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates |
Telephone code | 971 |
Place in the world in corruption | 28 |
location | Middle East |
Climate | Desert; cooler in eastern mountains; avg. maximum temperature (August) +43°; avg. minimum temperature (January) +18° |
Literacy rate | 77.90% |
Ethnic groups | Emirati 19%, other Arab and Iranian 23%, South Asian 50%, other expatriates (includes Westerners and East Asians) 8% (1982) |
National currency | Emirati dirham (AED) |
USD exchange rate | 0.27 |
GDP per capita | 11 |
Official language | Arabic |
Credit rating | BBB |
The judiciary | Allied Supreme Court |
Executive authority | Head of Government: Vice President, Prime Minister, Deputy Prime Ministers. Government: Council of Ministers appointed by the president. |
Legislative authorities | unicameral Federal National Council (40 seats) |
Opportunity to purchase ready-made companies | No |
Legal system | Mixed legal system of Islamic law and Civil law |
The use of the Cyrillic alphabet in the name | No |
Local registered office | Yes |
Organizational and Legal Forms | Joint Venture PUBLIC & PRIVATE SHAREHOLDING COMPANY LIMITED LIABILITY COMPANY Branch и Representative office Sole Proprietorship |
Indication of BPA in the name | Limited or Ltd |
Local registered agent | Yes |
Standard currency | Emirati dirham |
Information about the beneficiary is disclosed | No restrictions |
The minimum amount of the issued capital | No restrictions |
Bearer shares | No |
The usual size of the authorized capital | 10,000 |
Possibility to issue shares without par value | No |
VAT | No |
Basic corporate tax rate | 0.00% |
Capital gains tax | No |
Currency control | No |
Corporate tax rates details | flat rate 0% |
Stamp duty | No |
Minimum number of directors | 2 |
The requirement for residency directors | No |
Director of legal entities are allowed | Yes |
The data reveals to the local agent | Yes |
Data field to the public registry | No |
The requirement for the presence of the Secretary | Yes |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 1 |
Data is entered in the public register | No |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | No |
Information may be disclosed to the local agent | Yes |
Shareholders-legal entities are acceptable | Yes |
The requirement for filing reports | No |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | No |
Treaty on avoidance of double taxation (States which signed) | 61 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | No |
TM Comprehensive Study | TM Registration Request | TM Registration Certificate | Total | ||||
---|---|---|---|---|---|---|---|
First Class | Additional Class | First Class | Additional Class | First Class | Additional Class | First Class | Additional Class |
211.50 | 171.00 | 1413.00 | 1125.00 | 1791.00 | 1710.00 | 3415.50 USD | 3006.00 USD |
«TRADEMARK» refers to «Wordmark», «Logo» or «Wordmark + Logo» | |||||||
Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary. In The United Arab Emirates, Trademark Comprehensive Studies are for word marks only. The Trademark Registration Request considers the translation to Arabic of a description with up to 10 items; an additional fee of USD 40 will apply for the translation of each item after the 10th. For the Trademark Registration Request, an additional fee of USD 55 per page must be considered to receive a certified Arabic translation of the Power of Attorney. |