Our Approach to Company Formation in Dubai
STA works with clients from around the world to set up businesses within Dubai and the United Arab Emirates. Our approach to company formation is to work closely with our clients to understand their short and long-term business goals and to assist in selecting the right business structure, type and license to allow them to achieve their goals.
We Start by Listening
Each of our clients comes to us with different ideas for their business. We start by listening carefully to watch our clients see as their immediate and future goals for their company.
As many of our clients are current business owners expanding into this area, we often spend time discussing the different options for company formation in Dubai. Unlike other areas of the world, foreign business owners have several choices in the type of company they wish to establish and where it can be located and do business.
To retain 100% ownership of a business, foreign companies can set up in designated free zones throughout Dubai. Each free zone allows for specific types of businesses and choosing the correct business, and license type will be essential to meet the requirements of the specific free zone.
There are several advantages to free zone companies including 100% repatriation of profits and capital earnings, 100% free transfer of funds and 100% exemption from duties for both imports and exports.
We can assist with all documentation required, as well as work to ensure office space and other aspects of the business are in place. We can also assist with trademarks and patent registration in the UAE as well as internationally.
Mainland company formation is slightly more complex, requiring a partnership of 51% with a UAE national. However, this is not the same as a true partnership, and the foreign owner has full control of the operation of the business.
There are advantages to this business option in Dubai, including the ability to sell and market within the UAE. Talking with our lawyers can help determine which option is best for your business. To find out more, call us today at +971 50 27 28 29 1 and talk to our corporate law specialists. Click here for more information.