UAE COMPANY FORMATION
UAE COMPANY FORMATION
Shahenshah Accountants & Consultant (SAC) streamline the process of starting a UAE company formation from start to finish, ensuring a smooth and efficient process. The UAE is a global business hub, offering a dynamic environment for growth, innovation, and expansion. Our dedicated team of professionals is here to guide you through the complexities of UAE company formation, whether you’re interested in a Freezone or Mainland setup. We also provide comprehensive support for ongoing compliance, ensuring your business remains fully operational and compliant with UAE regulations.
Why Choose the UAE for Business?
- 100% Foreign Ownership:
Freezones in the UAE offer full ownership rights to foreign investors. - Tax Advantages:
Many Freezones provide exemptions from corporate and income taxes. - Strategic Location:
The UAE’s location serves as a gateway between the East and the West, making it ideal for international trade. - Strong Infrastructure:
Access to world-class infrastructure, including logistics, communications, and transportation networks. - Ease of Doing Business:
The UAE offers streamlined processes for UAE company formation making it an attractive destination for entrepreneurs and established businesses alike.
Freezone Business Setup
Setting up in a Freezone allows businesses to operate with various benefits such as 100% foreign ownership, tax exemptions, and simplified customs procedures. SAC provides expert assistance to ensure a smooth Freezone company formation.
Our Freezone Services Include:
- License Issuance
We handle the complete process of acquiring business license for your selected activity, ensuring compliance with Freezone regulations. - Residence Visa Processing
Our team manages residence visas for business owners and employees, ensuring all immigration requirements for UAE company formation are met. - Business Bank Account Opening
We assist in setting up business bank accounts to facilitate secure and efficient financial operations for your company.
Mainland Business Setup
A Mainland company allows you to operate and trade within the UAE market and internationally. SAC offers comprehensive services for setting up your Mainland business, ensuring compliance with UAE’s local regulations.
Our Mainland Services Include:
- License Issuance
We manage the entire process, including name reservation, initial approval, MOA drafting, Ejari (tenancy contract), and securing your trade license from the relevant authorities for UAE company formation. - Labor Cards and Establishment Cards Processing
We assist with the legal documentation necessary for hiring employees, ensuring smooth processing of labor and establishment cards. - Visa Processing
SAC streamlines the visa application process for company owners and staff, ensuring compliance with UAE immigration laws. - Business Bank Account Opening
Our team facilitates the opening of your business bank account, ensuring easy financial transactions for your Mainland company.
Our Expertise in Handling Complex Licenses and Approvals
SAC specializes in managing complex business license applications and obtaining approvals from all relevant UAE Ministries to help starting a UAE company formation. Whether your business is in finance, technology, media, healthcare, or any other sector, we ensure full compliance with industry-specific regulations, ensuring an efficient and hassle-free setup.
Freezone Business Setup:
A Freezone company operates, trades, or sells its services or products within a designated economic zone or internationally. SAC can assist clients in setting up their business in a Freezone by providing the following services:
- License Issuance: We facilitate the issuance of the necessary business license with the requested activity, ensuring compliance with regulatory requirements and obtaining approvals from relevant authorities.
- Residence Visa Processing: Our team assists in processing residence visas for owners and staff members, streamlining the immigration procedures and ensuring compliance with visa regulations.
- Business Bank Account Opening: We facilitate the opening of a business bank account, enabling clients to manage their financial transactions effectively and securely.
Mainland Business Setup:
A mainland company has the flexibility to operate, trade, and sell its services or products both locally within the UAE market and internationally. SAC offers comprehensive support for setting up a mainland company, including:
- License Issuance: We handle the entire process of obtaining a business license from the mainland authorities across all Emirates, including tasks such as name reservation, initial approval, drafting the Memorandum of Association (MOA), obtaining Ejari (tenancy contract), and securing the trade license.
- Labor Cards and Establishment Card Processing: Our team assists in processing Labor cards and establishment cards, essential documents for employing staff and establishing the legal entity’s presence in the UAE.
- Visa Processing: We facilitate the processing of visas for staff members and company owners, ensuring compliance with immigration regulations and streamlining the visa application process.
- Business Bank Account Opening: We assist in opening a business bank account tailored to the needs of the mainland company, facilitating financial transactions and enhancing operational efficiency.
NOTE
- Shahenshah Accountants & Consultant and its team specialize in handling complex license applications and permits, ensuring clients’ compliance with regulatory requirements for UAE company formation.
- We have the capability to obtain approvals from all relevant Ministries in the UAE, facilitating a seamless and efficient business setup process for our clients.
Business Setup (List of Freezone in Dubai)
1. Dubai Airport Free Zone (DAFZA)
2. International Free Zone Authority (IFZA)
3. Jebel Ali Free Zone (JAFZA)
4. Dubai Multi Commodities Centre (DMCC)
5. Dubai Silicon Oasis (DSO) Meydan Free Zone
6. Dubai Internet City (DIC)
7. Dubai Media City (DMC)
8. Dubai International Financial Centre (DIFC)
9. Dubai Healthcare City (DHCC)
10. Dubai South (formerly known as Dubai World Central)
11. Dubai Knowledge Park (DKP)
12. Dubai Biotechnology and Research Park (Biotech)
13. Dubai Maritime City (DMC)
14. Dubai Cars and Automotive Zone (DUCAMZ)
15. Dubai Design District (d3)
16. Dubai Science Park (DSP)
17. Dubai Textile City
18. International Humanitarian City (IHC)
19. International Media Production Zone (IMPZ)
20. Dubai Production City (formerly known as International Media
21. Production Zone or IMPZ)
22. Dubai Outsource City
23. Dubai Studio City
24. Dubai International Academic City (DIAC)
25. Dubai Techno Park
26. Dubai Auto Zone
27. Dubai Flower Centre
28. Dubai Gold and Diamond Park
29. Dubai Industrial City
30. Dubai Wholesale City (Dubai Industrial Park)
31. Dubai Logistics City (Dubai South Logistics District)
Business Setup (List of Freezone in Other Emirates)
Abu Dhabi - Freezone
1. Abu Dhabi Global Market (ADGM)
2. Twofour54 Abu Dhabi
3. Khalifa Industrial Zone Abu Dhabi (KIZAD)
4. Abu Dhabi Airport Free Zone (ADAFZ)
5. Masdar City Free Zone
6. Abu Dhabi Ports Company (ADPC) Free Zones:
6.1. Khalifa Port Free Trade Zone
6.2. Zayed Port Free Zone
6.3. Musaffah Port Free Zone
6.4. Corniche Free Zone
6.5. Al Sila’s Free Zone
Sharjah - Free Zones
1. Sharjah Airport International Free Zone (SAIF Zone)
2. Sharjah Media City (Shams)
3. Sharjah Research, Technology, and Innovation Park (SRTIP)
4. Sharjah Healthcare City (SHCC)
5. Sharjah Publishing City (SPC)
6. Sharjah Human Resources Development Free Zone (SHRD)
7. Al Zahia Free Zone
8. Sharjah Technology and Innovation Park (STIP)
Ajman - Free Zones
1. Ajman Free Zone (AFZ)
2. Ajman Media City Free Zone
3. Ajman China Mall Free Zone
Fujairah – Free Zones
1. Fujairah Free Zone (FFZ)
2. Fujairah Creative City
3. Fujairah Oil Industry Zone (FOIZ)
4. Fujairah Port
Ras Al Khaimah - Free Zones
1. Ras Al Khaimah Economic Zone (RAKEZ)
2. Ras Al Khaimah Free Trade Zone (RAK FTZ)
3. RAK Maritime City Free Zone
4. RAK International Corporate Centre (RAK ICC)
5. RAK Investment Authority (RAKIA) Free Zone
6. RAK Media City (RAKMC)
Frequently Asked Quetsions
- Freezone Companies: Allow 100% foreign ownership, and businesses can operate within designated economic zones or internationally, but they typically cannot trade directly within the UAE market without a local distributor.
- Mainland Companies: Have the flexibility to operate both within the UAE and internationally, and they can freely trade with the local UAE market. Mainland businesses generally require a local Emirati sponsor or partner.
The process typically involves:
- Choosing a Freezone based on your business activity and requirements.
- License Issuance: We assist with applying for and obtaining the required business license.
- Visa Processing: We help secure residence visas for company owners and employees.
- Business Bank Account Opening: SAC facilitates the opening of a business bank account.
To set up a Mainland company, you will need:
- Trade license issued by the Department of Economic Development (DED)
- Memorandum of Association (MOA) detailing the company structure and local sponsor arrangement (if applicable)
- Tenancy contract (Ejari) for office space
- Visa processing for employees and owners, along with establishment and labor cards
In some sectors, foreign investors can now hold 100% ownership in Mainland companies, thanks to recent changes in UAE law. However, certain industries may still require a local Emirati sponsor or partner, depending on the business activity.
The required documents for company formation generally include:
- Passport copies of shareholders and directors
- Visa or entry stamp (if applicable)
- Proof of address and tenancy contract (for Mainland companies)
- Company name approval from the relevant authority
- Memorandum and Articles of Association (MOA)
SAC assists with the preparation and submission of all necessary documentation to streamline the process.