ClarisOffshore

 
 
 Homepage
About Us
Our Expertise
Jurisdictions

Bahamas

British Virgin Islands

Dubai

       Free Trade Zone

        Other business types

Panama

Seychelles

Careers Section
Contact Us
 
 
 

Dubai Offshore UAE Companies

ADVANTAGES OF DUBAI

Strategic Location.

Market is Large, Growing, Prosperous, Diversified.

Open & Free Economic System.

World Class Infrastructure and Service Sector.

Competitive Cost Structure.

High Quality of Life, Excellent Living Conditions.

Strong Local Commercial Tradition and Wide Choice of Potential Business      Partners.

Extensive Foreign Trade Network & Major Achievements in Export and Re-     Export Performance.

Rapidly Developing Manufacturing Sector Producing a Wide Range of High      Quality, Competitive Export Products

Typical benefits of UAE Free Zones include:

  • 100% Foreign ownership

  • 100% Corporate, import/export, personal income, and commercial levies tax exemption

  • 100% Repatriation of capital & profits

  • State-of-the art purpose built infrastructure

  • No foreign exchange controls

  • Companies can operate 24 hours, security around the clock

  • Postal services, banking facilities, food courts in close reach to all free zones

  • Residence visas granted for 3 years (renewable)

SOCIAL AND ECONOMIC INDICATORS

United Arab Emirates: 

Consist of 7 Emirates: Dubai, Abu Dhabi (capital), Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, Fujeirah 

Location: 

Eastern coast of the Arabian Peninsula, in the south west corner of the Arabian Gulf 

Area Dubai: 

3.885 km² 

Total Area UAE: 

83,600 km² 

Population Dubai: 

1,370,714 (December 2006) 

Population UAE: 

4,7 mio (December 2006) 

Density: 

352,8 inhabitants per km² 

Currency: 

AED = Dhs = United Arab Dirham 

GDP: 

Total: USD 162 billion, per capita USD 49,700 

Living Standard: 

high, very low crime rate 

Time Zone: 

GMT +4 Std. 

Languages: 

Official Language: Arabic, widely spoken: English 

Country Code: 

(+971) 

Registration Procedures of Dubai Free Zones

Dubai Free Zones require a comprehensive package of documents, many of which need to be notarized and attested in the investor’s country of origin. Usually the package must include the following documents: application form, passport copies, CVs of the directors/managers, business plan, financial background information. During the set up process it is recommended to appoint a local negotiator because the entire set up process requires frequent interaction with the respective free zone authority.

Types of Free Zone Companies

  • Branch Office (associate of an already existing mother company in UAE or abroad)

  • Free Zone Establishment = FZE (single partner – can be individual or legal entity)

  • Free Zone Company = FZCO (minimum 2 partners/shareholders required)

  • Offshore (registered agent required)

With the exception of branch office, all above mentioned set ups require physical proof of share capital usually ranging from AED 300,000 to 1,000,000 depending on the number of shareholders (individual and non-individual) and free zone chosen. The business license will only be issued on the basis that these funds are shown in the corporate account of the investor.

Auditing

Dubai Free Zones are gradually moving towards requesting tenants to be audited in the second year after incorporation. Northern Emirates Free Zones usually do not request audited accounts so far (exception Sharjah Airport Free Zone).

Taxation

All UAE Free Zones are 100% tax exempt (some guarantee that privilege up to 50 years).

Office

The law in UAE stipulates that all registered businesses have to rent office space in order to get a license. Therefore, all Free Zones ask to rent office premises from the respective free zone authority. Offshore companies (Jebel Ali Free Zone) and e-Office/Flexi-desk set ups (Ajman, Fujeirah, RAK) are exempt and not required to take office space but they are limited in number of visa given.

Our Service

Fast-track incorporations / Shelf Companies

Redomiciliation of companies

Virtual office services

Confidential shareholding services through our licensed Nominee Company

Bank account opening & admin services, credit facilities & project finance

Company secretarial service

Book-keeping, Accounting & Audit services

Location of commercial property/office space on sale or for rental

For more detailed information, please contact our Formations Team [contact info here] 

 

 

 

Providing Clarity Offshore sm

 

............................................................................................................

Claris Trustees & Fiduciaries Ltd. (Reg. No. C-39315) is licensed and regulated by the
Malta Financial Services Authority in terms of the Trusts & Trustees 2004, as amended. 
Claris Offshore is a leading offshore fiduciary and offshore company formation agent
for BVI companies, Bahamas companies, Dubai companies, Panama Companies
and Seychelles companies.

ClarisGlobal  .  ClarisTrustees  .  ClarisProperties  .  ClarisCapitalProjects  .  ClarisFoundation

© ClarisOffshore  .  Confidentiality  .  Links  .  Terms of Use  .  Claris™ ®