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UAE Company Formation | UAE Company Set Up

UAE Company Formation | UAE Company Formation Packages

Start Your UAE Company NOW –  UAE Company Formation Services

UAE Company Formation Packages:

UAE Company Formation – Service Packages: RAK Offshore Company Formation (RAK ICC Company Formation) & RAK Free Zone Company | Dubai Offshore Company Formation (JAFZA- Jebel Ali Free Zone) & Dubai Free Zone Company Formation – in any Dubai Free Zone.

UAE Company Formation: Why, How & Which Company Type to Set Up in the UAE

Why Set Up a UAE Company?

Constructive use of UAE Company Formation in the UAE can yield the investor significant advantages. Tax, Security, Confidentiality and Lifestyle advantages. Read about the UAE Advantages and UAE Facts.

Which Type of UAE Company Formation?

Types of Companies Available in the UAE. Read More…

How to Set Up a UAE Company: Formation – Incorporation

There are 5 stages in the UAE Company Formation Procedures. Read More…

How and Why We Can Help You With UAE Company Formation

Complete Your UAE Company Formation with our Simple 8-Step Process. Read More…

FBS Kotsomitis Group: The Expert UAE Company Formation One-Stop-Shop

UAE Company Formation Services from our UAE Offices in RAK and RAK: FBS Group – Manage Your International Tax and Confidentiality Risks and Benefit from the Services of Premium UAE Company Formation Agents, UAE Company Incorporation and Corporate Services Experts. By The FBS Kotsomitis International Group in RAK – Watch our International Group Video Profile as Broadcast by FOX 5 News – Indicating Our Group’s Global Reach…

UAE Company Formation Services from A to Z

Our services span across all professional service areas and throughout the entire UAE Company Life Span. From the UAE Company Formation Agents’ UAE Company Set Up to the UAE Company Operation through to Company Liquidation!

We form – incorporate, register and Set Up Any Type of UAE Company and Business License in Any Emirate of the UAE: Dubai, RAK, Abu Dhabi, Ajman, Fujairah, Umm-Al-Quwain, Sharjah. UAE Local, UAE Free Zone or UAE Offshore CompanyFrom Small Start-Ups to Large International Companies!

** Click Here for a Free UAE Company Formation Quote or Consultation ** or call our Offices:

RAK Head Office: +971 7 244 7676

Types of UAE Companies

The UAE Company Formation Types / UAE Company Types that appeal and are available to Investors are set out below:

UAE Offshore Company Formation

  • UAE Offshore Company Formation, the most popular type being the RAK ICC Company Formation (ex- RAK Offshore Company Formation) and other options include the JAFZA Dubai Offshore Company Formation and the Ajman Offshore Company Formation. These are non-resident International Business Companies (IBC), exclusively conducting international business outside the UAE but which hold a UAE bank account. We are Approved Company Registered Agents for UAE Offshore Companies / IBC ‘s in the UAE.
  • The choices here are only 3, in order of popularity and appeal to international investors: (1) RAK Offshore Company Formation, with RAK ICC (2) Dubai Offshore Company Formation, with JAFZA, in Jebel Ali Free Zone and (3) Ajman Offshore Company Formation, with Ajman Investment Authority
  • Our UAE Offshore Company Formation Services include Offshore Company Formation (IBC Company Formation) in Dubai, Ajman and RAK.Our group-network operates via approved and licensed Registered Agents for Offshore Company Formation in JAFZA, Dubai, Ajman and RAK.
  • RAK Offshore Company Formation: We are Approved RAK Company Registered Agents and Provide Outstanding, Fast Service and Cheap and Affordable Set-Up Packages from our own local RAK Offices for RAK Free Zone Company Formation and RAK Offshore Company Formation.
  • Activities allowed ONLY outside the UAE
  • No residence visa is issued (except for a JAFZA offshore license with office space in JAFZA)
  • Foreigner can own 100%
  • Able to have UAE bank accounts and worldwide bank accounts
  • UAE Corporation Tax, VAT and personal Tax exemption
  • No barriers restrictions or taxes to funds transfers internationality or repatriation of funds in the UAE
  • 100% foreign ownership is allowed
  • A number of activities can be combined in one UAE offshore company
  • It is not necessary for a UAE offshore company to have an office in the UAE but a registered office in the UAE is mandatory – provided as part of the registered agent’s servicesOwnership of UAE Real estate property is allowed
  • Bank account in the UAE is allowed as well as overseas, in multiple currencies
  • Use of local professional services is allowed in t which are approved by the authorities of the UAE.
  • Faster incorporation times (a few days) compared to Free Zone or Local UAE companies
  • Use of UK Common Law and the English Language in Company documents
  • An offshore company is exempted from any income tax, corporate tax, personal tax or custom duty.
  • It is not necessary for an investor to come to the UAE in order to form the company.
  • No audit is required
  • An offshore company in UAE provides a higher level of confidentiality

** Click Here for a Free UAE Company Formation Quote **

UAE Free Zone Company Formation

  • The UAE Free Zone Company option of which the the most popular being the RAK Free Zone Company Formation option as it is faster to incorporate, cheaper, very well-known with investor-friendly Licensing and Regulatory Authorities.
  • UAE Free Zone Companies are tax-resident onshore companies set up and licensed by Free Zone Authorities in special designated areas (free zones) in the UAE but which cannot do business in the UAE mainland (except, practically, services tot specially regulated like consulting and trading in free zones and internationally). They can open a UAE bank account as well as a bank account outside the UAE, internationally.
  • Other popular Dubai Free Zone Company Formation options are: DMCC Free Zone Company FormationDubai Airport Free Zone Company FormationDWC Free Zone Company FormationDIFC Free Zone Company Formation and many others. These are resident companies conducting business locally in special free zone areas and internationally outside the UAE and hold a UAE bank account.
  • There are close to 40 Free Zones in the UAE in DubaiRas-Al-Khaimah (RAK), Sharjah, Abu Dhabi and the Other UAE Emirates. It is useful to learn about their significant privileges unparalleled and  tax and non-tax advantages and choose the most appropriate for your business objectives. You will profit from this choice and maximise your long-term Return on Investment (ROI).
  • If you are interested in Dubai Free Zone Company Formation Our expert Consultants will help you choose the right Free Zone for your company formation in Dubai. If you are doing business in Dubai we make Dubai Company Formation and Set Up fast and simple for you!
  • RAK Company Formation, in the UAE – Important News: RAK Company Formation in RAK Free Zones is fast and simple with The Newly-Launched and Innovative Ras Al Khaimah Economic Zone (RAKEZ Authority).
  • We are RAK Company Formation and Dubai Company Formation Specialists and Experts in RAK Free Zone Company Formation and Dubai Free Zone Company Formation.
  • Only able to trade freely within the free zone areas and worldwide – Dubai Free Zone Companies and RAK Free Zone Companies can also render services locally in the UAE as long as the services are not under a regulated regime (banking, investment, medical etc.)
  • 100% foreign ownership permitted
  • Residence visas are issued
  • Goods out of the free zone and into mainland UAE must pay a 5% customs duty
  • Office space is required within the free zone
  • Able to open UAE bank accounts and accounts worldwide
  • Membership of the Chamber of Commerce through the relevant office in the specific Free Zone
  • UAE Corporation Tax, VAT and personal Tax exemption
  • No barriers restrictions or taxes to funds transfers internationality or repatriation of funds in the UAE
  • 100% foreign ownership is allowed
  • No visa restrictions for investors, family and staff
  • Access to a large labour and executive pool
  • Pre-built structures- offices, factories, warehouses
  • Proximity and access to the MENA and Asia regions / markets

UAE Offshore or Free Zone Company? What’s the difference?

UAE Offshore Companies in RAK, Dubai or Ajman are essentially International Business Companies or IBC ‘s and are limited liability companies or ‘Limited Companies’ or ‘Ltd. Companies’, as they are commonly referred to, which exclusively conduct business internationally and hold a UAE Bank account. 

UAE Free Zone Companies  are onshore, tax resident limited liability companies  (FZ-LLC or FZE Companies) registered in specially Designated Geographical Areas or Zones (Free Zones) in the UAE and which are Incorporated / Licensed by the specific Free Zone Authority responsible for the Regulation and Licensing of each Free Zone Area.

Free Zone Companies in the UAE typically hold a UAE bank account and can conduct business internationally, in their Free Zone Area, across other Free Zone areas in the UAE and in Mainland UAE, such as Dubai and RAK outside the free zones, in sales of unregulated services freely or goods, via a commercial agent and payment of 5% duty on the value of the goods.

All the Emirates in the UAE offer the options of setting up Offshore CompaniesFree Zone Companies or Mainland UAE ‘Local Businesses / Companies”.

** Click Here for a Free UAE Company Formation Quote **

 UAE Limited Liability Company (LLC) Formation (Commercial License)

  • Local LLC Companies – these require a local sponsor /shareholder of 51% – these are used for local trading as well as GCC and international trading.
  • Sponsor (51%) is needed – foreigners can hold up to a maximum 49% of shares
  • Premises – Office space is required (we can arrange very cheap options)
  • Residence visa quota is provided, depending on license type and office area
  • Has Membership to The Dubai Chamber of Commerce
  • Has access to other GCC markets, as a local Gulf Company
  • Able to open UAE accounts and accounts worldwide

UAE Civil Company Formation – Professional License

    • UAE Professional License Companies – these are suited to professionals: doctors, accountants, lawyers that wish to practice their profession in the UAE.
    • Business ONLY in the specific area of professional expertise of the owner
    • A local professional service agent is needed
    • 100% foreign ownership permitted
    • Premises – Office space is required (we can arrange very cheap options)
    • Residence visa is provided
    • Has Membership to The Dubai Chamber of Commerce
    • Has access to other GCC markets, as a local Gulf Company
    • Able to open UAE accounts and accounts worldwide

** Click Here for a Free UAE Company Formation Quote **

UAE Company Incorporation & Establishment Procedures

The 5 Stages of the UAE Company Formation Process

FBS EMIRATES are up-to date with ALL new laws and regulations and with our help you can cut through the whole process quite easily with minimum involvement on your side.

Below is a brief outline of the Main Company Formation Stages in the UAE.

Stage 1 – Get Initial Consulting from Trusted UAE Advisors

It is valuable that FBS EMIRATES provides free initial advice on UAE Business Set Up. This is so as you DO need Our Services as there are many different options for company formation and complex residency and labour and immigration regulations as well as complex processes, red tape and requirements.

Stage 2 – Submit Documents – Get License – Incorporate

Once all the necessary documents have been obtained from you and certified, the incorporation process starts.  The Company, at the completion of this stage is Legally Formed and Licensed and Ready to Operate.

Stage 3 – Open Bank Account

Bank account Opening comes next. A very important stage as Companies with no bank account are considered by Tax Authorities and market counter-parties as Companies without economic subsstance in most cases and therefore not useful. In our capacity of Official Professional Introducer with many banks in the UAE and internationally rest assure the account opening will be fast and quite smooth. We will handle the process and guide you through the documentation requirements.

Stage 4 – Issue UAE Visas

Immigration Residence Visas and Emirates ID is then obtained for you, your family and your staff. All details and actions required will be handled efficiently. Generally the medical examination takes a maximum of 5 working days, although this can faster with an urgent medical application.

Stage 5 – Complete Establishment and Set-Up

The next stage, with our support, involves setting up the corporate image (business – office address, telephone answering, logo, business cards, website) as well as substance (premises, telephone,  utilities, virtual office,staff, business plan). We can discuss what is appropriate for Your  case.

 8 Simple Steps to Your UAE Company Formation

Below is our simple 8-Step Process to Forming Your Chosen UAE Company.

Summary of Our Simple 8-Step UAE Company Formation Process

UAE Company Formation refers to the process, decisions and actions of legally constituting and setting up (forming) a legal entity in the UAE, under UAE Law and Regulations, intended to conduct business in the UAE and/or internationally. Related and closely linked to this UAE Company Formation process is all work in connection to the establishment of the business per se in the UAE which is to be conducted via this newly formed legal entity.

Such establishment work for Your UAE Company often entails arranging for Visas for the owners, managers and staff if permitted by the license type, opening bank accounts, arranging premises, again if permitted by the license type, arranging for professional services to support the company and other establishment work.

Our Simple 8-Step Process aims at addressing all the actions and decisions necessary to successfully, smoothly and in a problem-free fashion Form, Set Up and Establish Your UAE Company and business in the UAE. Our 8-Step process revolves around 8 central actions and related decisions for your UAE Company Formation: Choosing a suitable UAE-based UAE Company Formation Expert and Consultant, Business and License Type and UAE Location, Ownership Type, Choice of Legal Form, Trade Name, Share Capital – Shareholders – Managers, Bank Account and Establishment Logistics – Premises, Marketing and other set up work.

Following the Formation Stage our role is to continuously support you in all related matters pertaining to the UAE company’s needs for professional services, as required.

Our Role in the UAE Company Incorporation Process …and After
  • Collect all owner’s identity and passport personal documents, CV and proof of address and draft business plan and activities list
  • Prepare all incorporation documents for your UAE Company
  • Complete, check and submit all UAE Company Formation, Bank Account and Visa applications to the relevant bodies, institutions and Authorities
  • Name approvals and other governmental approvals
  • Monitoring and controlling the progress of the UAE company formation process through the various steps ensuring smooth and problem free set up
  • Bank account opening – we introduce banks to clients to act as the UAE company’s bankers
  • Full-Scope professional services to support your UAE company operations from A to Z (VAT, Tax, Accounting, Bookkeeping, Audit)

Step 1 – Discuss Your Requirements with Your Chosen UAE Company Formation Agents and Get A Full Quotation

Examine the needs stemming from your UAE company formation business plan in order to choose the right UAE Emirate to base your UAE company activities and most importantly choose reputable well-established and Officially Licensed professionals and Company Formation Registration Agents (such as our group companies).

Our role is to guide you through the UAE Company Formation and UAE Business Set Up Process for Your UAE Offshore Company Set Up, Your UAE Free Zone Company Incorporation – Registration or Your UAE Local Business Set Up.

We will make sure you have the full information and facts you need to make the right choices and take the right key decisions for your business activities, in the UAE Company Formation Steps outlined below.

There is a spectrum of choices available for UAE Company Incorporation in the Dubai and the Other Emirates (Ras-Al-Khaimah, Abu Dhabi, Sharjah, Ajman, Fujeira, Umm-Al-Quwain).

After you make your choice it is our responsibility to implement fast and efficiently all related UAE Company Formation work.

After recording out your requirements we will issue and invoice for settlement so the UAE Company Formation Work can Begin.

** Click Here for a Free UAE Company Formation Quote **

Step 2 – Choose the Type of Business and License Type For Your Activities for Your UAE Company Formation 

This determines your license category. Broadly, commercial – trading, professional or industrial licenses are available and specialized activities (e.g. banking) which will need further special approvals.

UAE Offshore Company Formation

Offshore companies 0%-taxed and 100% foreign–owned limited liability companies. They are not regarded as tax resident-domiciled – no certificate of tax residence can be issued for this type of company – in the UAE as it is only allowed to transact outside the UAE. But a UAE bank account can be opened and operated and a UAE registered address used. Services of local professionals can be sourced and real estate in the UAE can be purchased with this company. The cheapest type of company.

These companies are also fully acceptable and do not appear in any ‘international black lists’, except being subject to stricter due diligence procedures by local banks.  Practical use in tax planning / acceptability: offshore companies can be used to invoice Cyprus or Malta companies or act as holding companies of Malta or Cyprus companies without problems from the local tax authorities. In other high-tax EU countries there might be problems relating to the acceptability of offshore company invoices. The future: Offshore companies internationally have an uncertain future in the next 3-5 years however at the moment they are used internationally by thousands of clients. The first problem, in time, might be increased difficulty to open bank accounts.

Types available:

  • RAK ICC Company Formation
  • RAK Offshore Company Formation
  • JAFZA (Jebel Ali) Offshore Company Formation
UAE Free Zone Company Formation

These are 0%-taxed and 100% foreign–owned limited liability companies. They are onshore UAE tax resident companies with the ability to also conduct business inside the UAE to a large extent as well as internationally. They are the preferred company type by international clients as it is considered a ‘proper’ UAE local company and it provides Residence Visas for the client and his family in the UAE. The offices of such companies can only be in designated Free Zone Areas. This type is internationally respected and recognised as a proper UAE local company.

These are local onshore tax-resident entities. They are not ‘under attack’ by the international community (OECD) as they possess adequate local substance and are widely recognised and acceptable. Bank account opening procedures for these type of companies are – naturally – simpler, quicker and with light ‘due diligence’ obstacles. After all the company is local and the owner is also a local resident (UAE resident foreign national with ‘Emirates ID’ and residence VISA as well as present in the UAE at least twice a year. The future: The Free Zone company will survive indefinitely as it is a truly local establishment with economic substance and resident owner in a big – economically – country / market in a world-class regional hub with real and advanced infrastructure where thousands of REAL and resident companies are operating (and not situated a small island where no such infrastructure and market size exists).

Popular types:

  • RAK Free Zone Company Formation – RAKEZ
  • Rak Free Trade Zone Company Formation – RAK FTZ
  • DMCC Free Zone Company Formation
  • Dubai Airport Free Zone Company Formation – DAFZA
  • DIFC Free Zone Company Formation
  • Jebel Ali Free Zone Company Formation – JAFZA
UAE LLC Company Formation – Business Formation

Same as the Free Zone Companies in all respects except that these companies allow only a 49% participation by foreigners and need a local individual as a sponsor and holder of the remaining 51% shareholding (although well-established structuring and side-agreements safeguard the foreigner’s 100% control). Suitable if a physical presence in all areas of Dubai (e.g. a store in Dubai Mall) is required which cannot be achieved with a free zone company.

Popular Types available:

  • Dubai Commercial License
  • Dubai Professional License
  • Dubai Representative Office
  • Dubai Branch

** Click Here for a Free UAE Company Formation Quote **

Step 3 – Decide Which Ownership Structure is Appropriate For Your UAE Company Formation

[100% Ownership OR a Local Sponsor-Partner (51%)  OR 100% Ownership with a Local Commercial / Service Agent]

For 100% foreign ownership you can choose between an onshore local tax resident UAE Free Zone Company set up in Dubai, RAK or in any one of UAE’s 45 Free Zone Areas OR a non-tax resident Offshore Company or RAK ICC Company (activities of which are only allowed overseas offered in RAK / Ras-Al-Khaimah, Dubai and Ajman).

Note here that in Dubai Free Zone Companies with a standard services activity will generally be allowed to transact in the Dubai and RAK local market. If you need to operate locally via an LLC and a 51% local shareholder / local sponsor or a local commercial or service agent, you need a license from the Department of Economic Development (DED).

** Click Here for a Free UAE Company Formation Quote **

Step 4 – Decide the Appropriate Legal Form of Your UAE Business for Your UAE Company Formation

Depending on your preferred location, type of business, license, ownership mod and the choice between Offshore, Free Zone or LLC Company there are separate and case-specific rules and procedures for setting up your legal entity in Dubai, RAK or any other UAE Emirate. Rules and approvals / procedures will depend also on whether a standard or a special activity (e.g. banking, law consulting, real estate, medical etc.) is chosen.

The DED regulates LLC Company and Other Local Type of Companies / Entities. Each Free Zone and Offshore Authority Regulates Separately each Free Zone or Offshore Company Type. Also different Emirates have slightly different rules and practices. This is one area where we can help you make sense of it all and make the right choice.

Legal Form for UAE Offshore Company Formation
  • Limited Company – Ltd.
Legal Form for UAE Free Zone Company Formation
  • Free Zone LLC (FZ-LLC)
  • Free Zone Establishment – one owner (FZE)
  • Branch of Foreign Company or Other Free Zone Company in the UAE.
Legal Form for UAE Local Company Formation
  • Sole proprietor – Service Agent
  • One-Person-Company (100% UAE)
  • Civil Company (professional partnerships) – Professional Service Agent
  • LLC – Limited Liability Company (Local Sponsor 51%)
  • Partnership
  • Branch of Foreign Company
  • Representative Office
  • Branch of Dubai-based Company
  • Branch of a UAE-based Company
  • Branch of a GCC-based Company
  • Branch of a Free Zone – based Company (Service Agent)
  • SME
  • Intelaq (100% UAE).

** Click Here for a Free UAE Company Formation Quote **

Step 5 – Decide Your UAE Company Trade Name

Your trade name is a very important for the Company Formation. The company name should ideally indicate the nature of business, unless it is a branch of another company. All the rules regarding trade names are regulated by the DED or the Free Zone and Offshore Authorities.

Step 6 – Decide On UAE Company Share Capital and Managers

Minimum share capital is stated in the MOA of the company. In standard cases, you do not need to pay minimum capital at the time of setting up. Decide on the level / amount of share capital. Decide on the person or persons that will manage your Company. Decide who the shareholders will be and at what percentage shareholding each.

Step 7 – Decide Between Banks to Open a UAE Company Bank Account

The UAE offers wide choice of Banks and Financial Institutions as well as multi-currency banking products to suit every need.

Step 8 – Decide on UAE Company Premises, Establishment Matters, Logistics and Staffing

The UAE offers wide choice of Real Estate and Business Facility Options as well as a wide and diverse employment pool to suit every need and Business Type (Local, Offshore or Free Zone), corporate or personal. The UAE needs no introductions in this area.

** Click Here for a Free UAE Company Formation Quote **

Why Set Up a UAE Company?

There are many and significant UAE Company Formation Advantages over other jurisdictions. The UAE really stands out from the other jurisdictions as it balanced the difficult act of being a reputable, regulated and ‘white list’ low-tax jurisdiction while at the same time offering maximum protection and investor confidentiality and minimum exchange of Information with Other Countries but Always within Internationally Accepted Norms and Standards.

No (0%) corporate and income taxes, capital gains taxes, withholding taxes and no exchange control restrictions

Your Benefit: Tax-free trading and business activities in the UAE and internationally

Free and unrestricted repatriation of income and capital from banks

Your Benefit: Risk-free and tax-free movement of funds, capital and payments in and out of the UAE

Solid and safe Banks and Financial Institutions and huge State Reserves 

Your Benefit: Peace of Mind without the risk of bank system collapse

Numerous International Double Tax Treaties With Advantageous Terms

Your Benefit: Low or 0% withholding taxes on dividends, interest and royalties and avoiding ‘double-taxation’. Minimising Tax Leakages for Your Company and Yourself.

Robust and growing economy

Your Benefit: Significant business opportunities locally and safe and stable support for the future of your company and your family. Resilience to economic shocks and vast state reserves.

One of the lowest crime rates in the world – a safe place for you and your family

Great Lifestyle Options. Excellent schools and hospitals. Highly secure. Your Benefit: Enjoy life without crime or security concerns, great schools and hospitals and strict border controls.

Liberal and advantageous business government rules and regulations

Your Benefit: A welcoming and friendly business regime with service providers undertaking to deal with all the formalities and bureaucracy for you

Secrecy, asset protection

Your Benefit: Avoid leakages information on your affairs to the maximum level globally

An international business hub and an established Global Headquarters Centre

Your Benefit: Live and do business in the biggest business hub in the Middle East

World class logistics and IT infrastructure

Your Benefit: Logistics and IT-infrastructure are of the highest standards available worldwide

Strategic location between East and West

Your Benefit: Enjoy a convenient location, easy access to East and West and an ideal time-zone to do business. The world’s biggest and best ports and airports as well as road networks.

Dubai International Airport is currently the biggest airport in the world with literally direct connections with all countries. Enjoy flying with Emirates, the best airline in the world. Jebel Ali is the biggest port in the World. Dubai Marina is the biggest marina in the world. Telecommunications and Connectivity are cutting-edge.

An exciting place to live and to do business

Your Benefit: Enjoy unparalleled lifestyle and unlimited entertainment options

Large and diverse labour and executive pool

Your Benefit: Recruitment of staff of all levels and from different nationalities is facilitated with easy work and residence visa system.

Corporation Tax

Your Benefit: No taxes on Corporations are imposed on any type of company listed above. Your Benefit: Tax – Free Company Operations

Personal Income Tax

Your Benefit: No personal taxes are levied and the government has no plans to impose personal taxes. Your Benefit: Tax – Free Personal Income

Double Tax Treaties

Your Benefit: Numerous and advantageous tax treaties exist with a significant number of countries ensuring the avoidance of double taxation at the company and at the individual’s level. Your Benefit: Avoiding double taxation and minimising taxes on incoming and outgoing income and capital flows into and out of the UAE company.

Value Added Tax (VAT) in the UAE

Your Benefit: VAT is introduced with effect from January 1, 2018 and affects mainly local companies. Our Group has near to 20 years of experience on VAT consulting and compliance and employs a number of VAT experts who stand ready to assist you be 100% compliant with your UAE VAT obligations and meet all requirements and deadlines and avoid fines. For Peace of Mind in relation to VAT.

** Click Here for a Free UAE Company Formation Quote **

 UAE Company Formation | Facts

UAE provides unique advantages and constructive use of Dubai Company Formation, RAK Company Incorporation and other UAE Emirates’ Company Formation incentives can give you significant benefits. Tax, residency, safety and unsurpassed lifestyle advantages.

UAE – The Country

The UAE is a federation of seven emirates. Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain and was formed on 2 December 1971

UAE Legal and Regulatory Framework for Company and Business Set Up

The legal system is based on both civil code principles and on the Islamic Shari’a Law. The governments of each emirate regulate commercial activities, issue trade licenses and effect the incorporation of corporate entities. The UAE recognizes the concept of freedom of contract. Contractual parties can regulate their relationship as they choose

UAE Company Formation Options

Free Zone Company, Company – International Business Company, Conducting business through agent / distributor, set up of a local company – business establishment, set Up a Mainland Onshore Company

Process and costs for UAE Company Establishment

Reasonable costs and fees compared to other jurisdictions but time frame somewhat lengthier.

UAE Corporate Income Tax

The UAE has no system of federal company income taxation.

UAE Personal Income Tax

Income is not subject to personal income taxes in the UAE

Withholding Taxes on UAE Company

There are no withholding taxes in the UAE royalties, interest or dividends etc. made by UAE entities to another entity or person (resident or non-resident)

Transfer pricing on UAE Company Transactions

There is no transfer pricing regime in the UAE.

UAE Value Added Tax (VAT)

VAT will be in force in the UAE from January 1, 2018 in Dubai, RAK and the other UAE Emirates. This will affect onshore local businesses that trade within the UAE and from the UAE.

UAE Custom duties

The GCC states apply a Common Customs Law and a Unified Customs Tariff with a standard rate of 5% of goods’ cost, insurance and freight value. Exceptions are tobacco, alcohol and goods for which a customs duty rate of 0% applies. The GCC Customs Law does not levy export customs duties.

UAE Tax Treaties – Certificate of Tax Residence for companies

The CTR is issued for the period of one year for a specific tax treaty.

UAE Company Accounting, Audit and Payroll

All companies are obliged to maintain proper accounting records and keep them for 5 years. Regulatory Authorities require audited Financial Statements on renewal of the annual trade license. Exemptions to this requirement (financial statements) and audit are commonplace for companies but generally companies prefer to prepare them in order to satisfy banks and be seen as properly functioning companies (commercial substance)

UAE Immigration, Residence and Employment Visa

Investors / Company Owners, Employees of companies need to ensure they obtain a Resident Visa in the UAE.

** Click Here for a Free UAE Company Formation Quote **

FBS Emirates: Your UAE Company Formation Professionals

 A Member of The FBS Kotsomitis International Group

We are UAE Company Formation, Official UAE Company Registration Agents with fully fledged offices in RAK. Fully Licensed and Reputable UAE Company Set Up Specialists. As UAE Company Incorporation and UAE Corporate Services Specialists with 20+ years’ experience in the EU and 5 years in the UAE we provide ALL the services and advice required to manage the UAE Company Formation Process and thereafter make a success of your new UAE Company. So we may help you minimize your risks and maximize your UAE Company Formation benefits.

We have an experienced, locally based and dedicated UAE Team of Professionals who are expert UAE Company Formation and UAE Corporate Services Professional. They stand ready to support you fully to set up your new UAE companies and minimise the risks of tax leakages, wrong reporting / fillings, penalties and fines. With Your Peace of Mind and Your Minimum Involvement.

We operate from our Fully-Fledged UAE Offices which are located in  Al Hamra Village in RAK.


The FBS Kotsomitis International Group

Our Professional Services Group, The FBS Emirates International Group, is an International and UAE Company Formation and Corporate Professional Services ‘One-Stop-Shop’ and is headed by a Top European Legal and Finance Expert, Aris Kotsomitis BSc LSE – London School of Economics (Acc & Fin), FCA, IFA, TEP and Member of The Institute of Chartered Accountants of England and Wales.

Watch our Corporate Group Video Profile As Broadcast by FOX 5 News – Indicating of Our Group’s Global Reach…

We operate from our Fully-Fledged UAE Offices which are located in Al Hamra Village, RAK.  We provide the comfort of dealing with a reputable and Well-Established International Group with Offices in the UAE, Cyprus, Malta, Seychelles and the UK employing more than 50 highly-skilled, competent, experienced professional staff, mainly of European origin and professional associates worldwide. FBS is a full member of a number of International Professional Networks and Associations.

VAT Consultants Dubai – Dubai VAT Tax Agents … FBS Emirates: Your Partner in the UAE For All Your VAT Needs!

Corporate & Professional Services

The FBS Group (UAE) Provide Premium UAE Company Formation and UAE Corporate Services – From A to Z:

We Provide You With A Broad Spectrum of UAE Corporate and Professional Services: UAE Company Formation and Bank Accounts – UAE Company Corporate and Administration Services including Immigration Visa and PRO Services & UAE Professional Services – VAT, Tax, Accounting, Audit Services

We help you with UAE Company Formation and to Set Up, Administer and Manage Any Type of UAE Company and Business License in Any Emirate of the UAE: Dubai, RAK, Abu Dhabi, Ajman, Fujairah, Umm-Al-Quwain, Sharjah. Local, Free Zone or Offshore Company.

List of Our Services:

  • UAE Virtual Office, Telephone Answering, Registered and Business Office Services

Contact Us for a Free UAE Company Quotation or Consultation

** Click Here for a Free UAE Company Formation Quote / Conultation ** 

…or call our UAE Offices:

RAK Offices:

8th floor, Office 8F-3, Amenity Centre, Tower 2 | +971 7 244 7676

Start-Up Packages:Services for the First Year and Subsequent Years
RAK ICC Offshore Company RegistrationCompany Formation Services
Dubai or RAK Free Zone Company FormationCompany Incorporation Services and Company Annual Running Services
UAE VAT, Tax, AccountingOther Corporate Services
UAE New Economic Substance RulesUAE Economic Substance Services
Click Here For 5 Steps Dubai, RAK And UAE Company FormationEmail us Now to Get Quotation
UAE Company Formation Packages
Start-up PackagesCompany Set-up in Dubai, RAK and UAE
UAE Offshore Company FormationStartup Package

By forming an offshore company in the UAE you can have a UAE address and run your business tax free internationally, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK

Dubai  Offshore Company

Ras Al Khaimah - RAK ICC Company

Free Zone Company Incorporation in the UAEStartup Package

By setting up a free zone company in the UAE you can enjoy the privileges of onshore presence and UAE and international trading  tax free, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK. Residence Visa is given to investors and staff.

Dubai Free Zone Company

RAK Free Zone Company

Sharjah Free Zone Company:

Abu Dhabi Free Zone Company:

Extra UAE Company Set-up Services on requestPrices

Virtual office, telephone  answering, mail forwarding, accounting, tax and VAT services and consulting, PRO services and Visa processing

On request - we price our services very competitively and are flexible to find fair agreements with clients

Offshore Companies and Free Zone Companies in Dubai, RAK and UAE
RAK Offshore Company - RAK ICCDubai Offshore Company - JAFZA
DMCCRAK Trade Free Zone
DAFZAAjman Free Zone
JLTRAKIA - RAK Investment Authority

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    8th floor, Office 8F-3
    Amenity Centre, Tower 2
    Al Jazeera, Al Hamra
    Ras Al Khaimah, United Arab Emirates

    T: + (971) 7 244 7676
    RAK Company Formation
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