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Companies registration in United Arab Emirates

United Arab Emirates (UAE) is a federation, which includes seven absolute monarchies. UAE comprise seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras al-Khaimah, Fujairah. Each emirate is governed by an absolute monarch who jointly form the Federal Supreme Council (highest organ of state power in the country).One of the monarhs is  selected as the President of the United Arab Emirates.

Companies in the UAE can be divided into three types:

1. local companies;

2. companies registered in the free economic zone;

3. offshore companies.

The 51% of the shares of the local companies should belong to local residents UAE - Emirates, 49% may be owned by a foreigner legal entity.

Free zones have been created to attract new investors, to develop the existing ones and to create appealing business environment. The main advantage of the company in the special economic zone is a possibility to register with 100% foreign capital and the capacity to operate in the UAE.

Advantages of the companies registered in the FEZ:

· 100% foreign capital;

· the company manage business in the UAE;

· no tax zone;

· prompt and easy registration.

We offer registration of the company in the following areas:

           - Ajman Free Zone (AFZA) - Emirate of Ajman;

           - Ras Al Khaimah Free Zone (RAKIA) - Emirate of Ras El Khaimah;

           - Ras Al Khaimah Free Trade Zone (RAK FTZ) – Emirate of Ras El Khaimah
 
          
- Jebel Ali Free Zone (JAFZA) - Emirate of Dubai;

           - Dubai Multi Commodities Centre (DMCC) - Emirate of Dubai;


           - Hamriyah Free Zone –
Emirate of Sharjah;

           - Umm Al Quwain (UAQ FTZ) - Emirate of Umm Al Quwain
.

There are different offshore zones in UAE, for examples, JAFZA Offshore, RAK ICC, Ajman Offshore.

Offshore companies have many advantages:

· 0% or very low taxation;

· easy and prompt formation;

· confidentiality of ownership;

· fast and easy transfer of the company to a new owner;

· financial confidentiality;

· companies audit is not compulsory;

· the company may conduct business throughout the world, except in the UAE.

 

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