UAE-United Arab Emirates
Advantages of forming a company in the UAE-United Arab Emirates:
Type of the company
Minimum one. Corporate Shareholder is permitted. Not listed in a public register.
The par value of each share must be AED 1000. Bearer shares are permitted.
Minimum one director (corporate director’s allowed). Not listed in a public register.
A local registered office is required.
To commence company incorporation, the following supporting documents are required; unless otherwise indicated COPIES are acceptable:
Natural person shareholder/s:
Bank account opening
Full list of optional costs available upon request.
|3300€||Incorporation & provision of registered office|
Find out more about what we can do for you…
Frequently asked questions
There are NO corporate tax, personal tax, capital gains tax, or VAT in the UAE with exception of oil-producing companies and branches of foreign banks.
No taxation information exchange agreements with other countries. There are no foreign exchange controls.
The RAKIC must maintain accounting records which should be retained for a period of 7 years from the relevant period/year-end. These accounts are for internal management purposes only and are not required to be filed with the RAKFTZ authorities. The Audit is not required.
- Certificate of Incorporation
- Declaration of Consent to Act as a Director
- Share Certificate
- Certificate of Incumbency
- Board and Meeting Resolutions
The company name must not contain the following words and must not pursue listed business activities: BANKING, INSURANCE, and REINSURANCE.
The name of the company must end with “LTD” or “LIMITED”.
For UAE-RAKIC we can assist you with the bank account opening in UAE or internationally. The banks we cooperate with are reliable financial institutions with a long tradition in private and corporate banking. Our clients are provided with excellent customer service, online banking, Visa and/or Master cards, and other services, such as factoring, foreign exchange, savings, and specialized banking solutions.