Business Setup in UAE and Administrative Support
Business Setup in UAE
For business setup in UAE there are various kinds of alternatives which are listed below;
1. International Corporate Centre (ICC) (Offshore)
2. FTZ (Free Trade Zone) and
3. Main Land (Legal Presence) is various sorts of firms in UAE.
maximum of 49% of shares can only be held by non-native of UAE mainland-listed company, however, their shareholding can be increased to 100% in the case if the companies require a professional license. Regarding license and your percentage of share please contact us. Based on your company’s target AbroadBiz will surely help you to set up a suitable organization in UAE. The Ras Al Khaimah (RAK) Free Trading Zone is similar as an LLC in UK, Austria and Germany, which is different and separate from individuals who operate it and it is an authorized entity. In sole trading business and in partnership the risk of losing their individual assets for loss is high but it is not the same in case of shareholders in a RAK who are only responsible to lose the subscribed share capital. There is various organisation incorporation in RAK like, for the trading within UAE and globally a ‘LLC set up’ will be effective, visas, sponsorship and tax-free are offered in ‘Free Trade Zone’, moreover ‘offshore setup’ will provide tax free international trade and provides extreme privacy for the corporation’s valuable owners.
The elite standard of living and swift economic growth of the United Arab Emirates makes it as an attractive place for setting up business and provides immense growth among the countries of the world. A Ras Al Khaimah RAK is the most prevailing system of incorporation in the UAE.