The geographic location of the United Arab Emirates, being at the junction of the main trade
channels between the West and the East, provides a range of definitive advantages and gains. This kind of location does not only make UAE a contemporary business center, but a gateway to the broadest market in the Middle East.
If you plan to set up your business on the territory of UAE or intend to establish partnerships with companies, working in UAE, you shall be well informed about such companies and you must also be aware of the requirements and conditions, as well as nature of required documentation and the needed legal form of such company in order to do business on the territory of UAE.
The main and initial stage of a business setup on the territory of UAE is the registration of a company. If putting all intermediaries, trade agents and other partners in UAE aside, the registration of a company in the Emirates is a mandatory condition for doing service and/or trade in the United Arab Emirates.
The specific characteristics of registration of companies in the United Arab Emirates.
Official UAE authorities are interested in attracting foreign investors from different parts of the globe. For this purpose the special framework is created for registration and further business activities of the foreign companies.
UAE as the jurisdiction has its own specific distinctions and features. This is reflected in contemporary methods of safeguarding of rights and interests of investors. Among such the following are especially worth to mention:
- Possible 100% participation in capital of companies in Dubai and other Emirates by foreign shareholders.
- Possibility for noticeable optimization of taxation and customs duties thanks to advantages provided for the business in UAE.
- Absence of requirements of receiving any approvals from different governmental authorities of UAE to praxis most of major types of commercial activities inside the country.
