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Overview
Incorporation: up to 10 working days +delivery time for the courier
Minimum paid up capital: no minimum capital requirement
Overview:
United Arab Emirates (UAE) is located in the Western Asia and has ranked as 9th in the top of the World’s richest countries. At the same time, UAE is included in the top that lists the most convenient countries where to establish and maintain the business. Being in such an enviable position, UAE has introduced the 0-corporate income tax zone, which makes it even more attractive place for both new and experienced businessman. Both RAK and Ajman offshore zone offer a favorable environment regarding the set-up of new businesses. When considering where to set-up the company, it should be remembered that process in Ajman takes slightly less time comparing to RAK. However, the main factor for the time frame is the productivity of original signed documents to be delivered back to Dubai.
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Name Check |
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Company Incorporation |
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Local secretary |
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Government fees |
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Registered office for 1 year |
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Delivery of original documents |
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Apostilled documents |
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Nominee director and shareholder |
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Total amount: |
€2,850 |
€3,000 |
€4,500 |
Comprehensive Guide to Company Incorporation
General information
Company structure:
- ▪ Minimum 1 director (no nationality restrictions)
- ▪ Minimum 1 shareholder (no nationality restrictions)
Capital
- ▪ No minimum capital is required
Taxation
- ▪ 0 corporate income tax
Other benefits
- ▪ 100% ownership
- ▪ Can be formed by one individual
- ▪ Bank account in Dubai
- ▪ No public records
- ▪ Easy to liquidated anytime
- ▪ Can do multiple activities
Bank account opening:
- ▪ Clients are required to come to Dubai for a personal visit with the Banks;
- ▪ There are different minimum deposit requirements depending on the bank;
- ▪ Additional documents such as business plan, supporting documents of financial transactions may be required.
Incorporation
- ▪ Application for reservation of company name;
- ▪ Preparation and submission of the application and documents to the Registry;
- ▪ Incorporation of the company;
- ▪ Opening of the bank account of the client’s choice.
Please note that Memorandum & Articles of Association needs to be signed by the Shareholders and returned in original to our office.
Documents
KYC for Ajman Offshore companies:
- ▪ Certified Passport
- ▪ Recent Proof of Residential Address
CDD for RAKICC:
- ▪ Certified Passport
- ▪ Recent Proof of Residential Address
- ▪ Bank reference Letter
- ▪ CV
All documentation must be provided in English language or translated to English by a professional and certified Notary Public.