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Dubai Company Registration: Factors to Put into Consideration

By: Anita Anita.
Date Added : November 8, 2011 Views : 6
Rate Author : Current : 3.50 /5
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Dubai company formation offers several business opportunities to foreign investors interested in carrying out business in Dubai especially the free zones. The Dubai company registration in free zones does not subject foreign business investors to restrictions that are imposed by UAE laws and regulations and Companies Law. Companies that operate from the free zones can be wholly owned by foreigners, get certain period tax exemptions and enjoy independence from local or federal laws change. Furthermore, investors interested in Dubai company formation can choose RAK IC operation, which gives the business an UAE presence while being treated as an offshore business and thus enabling business operation simplicity. Some of the business types investors can register in Dubai include the international Business Company (IBC). IBC Dubai company registration restricts business operations to offshore services and caters for several company options, which include asset protection, intellectual property, real estate, global holding company and international business company. The other option available in Dubai company formation is the free trade zone. Every zone is governed by an independent authority, which overlooks the setup and operation process of the businesses in the zone. The other viable option in Dubai company registration is the Limited Liability Company (LLC). LLC is the most common form of business for companies with a non-UAE national willing to operate in Dubai commercially. The other Dubai company formation option for investors is the Public Joint Stock Company (PJSC), which requires AED 2,000,000 minimum share capital and a minimum of 10 founders. The founders must be responsible in the incorporation of the company. The other Dubai company registration option available to investors is the private company, which is similar to a private limited company. This option requires a minimum of three founders and a minimum share capital of AED 2,000,000. Private company is subject to all public joint stock company regulations except public trading of shares. The other Dubai company formation option available to multinational businesses is the branch office. This is option is viable to companies registered in other countries and are interested in operating in UAE. The office branch may be able to carry the parent company operations but with certain restrictions, which requires UAE nationals to undertake such as importation. The other Dubai company registration option for international businesses is the representative office. A representative office cannot undertake any parent company activities in UAE but can promote the parent company activities. Some of the activities representative office option in Dubai company registration can undertake include information gathering and soliciting of projects and orders for the parent business. However, representative offices are restricted on the number of employees and thus, these offices tend to act as marketing or administrative centers for most companies. It is highly essential for investors interested in Dubai company formation to seek the services of Dubai business consultancy, who have deep experience in Dubai company registration to facilitate smooth process. It is also vital for investors in Dubai company formation to read the government directives and requirements to ensure their company meets all laid down requirements. It is also vital for business to undertake activities stipulated by the Dubai company formation to avoid closure.

Salem Ali is the author of this article on Business Incorporation in Freezone. Find more information, about Dubai Company Registration here.

Article Source: http://www.infoarticles.us



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