Everything About Business Setup In Dubai

Why Set Up A Branch Office In Dubai? Dubai could be considered as the most investor-friendly around the world presently. Setting up a branch office in Dubai has several positive aspects. The branch office of your corporate entity will place you in the exuberant business platform of UAE. By owning a 100% share in the branch office, you can augment matchless profit, which can be utilized towards further investments and personal growth. You are allowed to obtain a trade license in Dubai to perform business operations in the country. The move will be the right option in the right direction. Being available for creation in free zones, the branch office is one of the most important structures which can be established by a foreign company interested in making investments in specific industries in Dubai. From a taxation point of view, the branch in Dubai offers the same advantages as local companies, including the repatriation of profits without additional surcharges when set up in Dubai free

    Things to keep in mind before starting a business in Dubai free zones. Examine the legal entity your company would be Select a company name Apply for a business license Choose an office space to open a business in Dubai free zones Get pre-approvals, register your business and get your license Arrange for the deeds of establishment and the articles of association Get a corporate bank account opened, and inject the minimum paid-up share capital to receive the bank statement confirmation Allocate budget for the translation and notarization costs of due diligence Secure the appropriate business license, granted by the relevant Free Zone Authority Free-trade zone exemptions are: 100% foreign ownership of the enterprise 100% import and export tax exemptions 100% repatriation of capital and profits Corporate tax exemptions for up to 50 years No personal income taxes TYPES OF FREE ZONES IN DUBAI  Free Zones in Dubai are of two types: Free Zone Limited Liability Company (FZ LLC) or Free Zon