Company Registration in UAE

The UAE stands out as a prime destination for businesses. Located at the intersection of Europe, Asia, and Africa, the UAE serves as a vital hub for trade and investment, attracting millions of new businesses yearly. The nation boasts competitive operational costs and a highly skilled, diverse workforce, making it an appealing choice for companies prioritizing efficiency, innovation, diversity and multicultural friendly business environment.

Recent economic initiatives, ease of doing business, free zones and the streamlining of business regulations, have created a highly investor-friendly environment. The UAE’s focus on diversification has led to growth in sectors like technology, finance, renewable energy, and tourism, providing a wealth of opportunities for business expansion.

Moreover, the country’s world-class infrastructure, including state-of-the-art transport networks and advanced digital connectivity, enhances its attractiveness. The rich cultural tapestry and a commitment to fostering a global business community further contribute to the UAE’s appeal.

In summary, with its strategic location, ongoing economic reforms, and diverse sectors, the UAE is an enticing destination for companies seeking to establish their presence in the Middle East region.

Founded in 1978, Eurofast has built extensive expertise and a diverse clientele over the decades. As our clients increasingly seek to enter and expand in the UAE and Middle East markets, we have responded to this growing demand by establishing an office in Dubai. Here, we offer a comprehensive range of services to support their business needs.

• UAE offers a streamlined process for company formation, allowing businesses establishment in as little as one day in certain free zones
• Minimum Share Capital: In many free zones, there is no minimum share capital requirement for certain types of companies. However, mainland companies may have specific requirements.
• Corporate Income Tax: The UAE introduced a corporate tax of 9% on profits exceeding AED 375,000 starting in June 2023. This is still one of the lowest rates globally
• Tax on Dividends: The UAE has a generally favorable tax environment, with no corporate tax on dividends distributed by UAE companies.
• Withholding Taxes: The UAE does not impose withholding taxes on dividends or interest payments, making it advantageous for European parent companies under certain conditions.
• Double Taxation Treaties: The UAE has signed numerous double taxation agreements, but the exact number may vary.
• Tax on Shares Transfer: There is typically no tax on the transfer of shares for non-resident sellers, but it is essential to check specific circumstances.
• Variety of Legal Forms: The UAE offers various legal structures for companies, including LLCs, free zone companies, and others tailored to different business needs.
• Accounting and Reporting: Companies in the UAE are required to maintain proper accounting records, and specific reporting obligations exist depending on the jurisdiction and type of company.
• Qualified Staff and Payroll Taxes: The UAE has a skilled labor force, and while there are social security contributions for UAE nationals, expatriates generally do not have similar obligations.
• Non-Dom Regime: The UAE has attractive tax benefits for foreign employees, including tax-free income; however, the specific 50% reduction claim might need further clarification or context.
• Economic and Political Stability: The UAE is known for its stable economic and political environment, making it a secure place for business operations.
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