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Dubai Mainland Company Legal Forms The most common legal forms of companies are: Sole Proprietorship: A sole proprietorship is an establishment owned by one person with the purpose of conducting a business activity commercial, professional, industrial and tourist activities.
The owner of the sole proprietorship is personally liable for all the financial obligations бизнес брокер прага liabilities incurred by the establishment. Civil Company: A civil company is a business partnership owned by two or more partners practicing a professional activity in recognized fields such as: tailors, beauty salons, consultancy or training, etc.
Limited Liability Company L.
C : A limited liability company LLC shall have a minimum of two partners but not exceeding Branches of Foreign Companies: Branches of a foreign company can conduct the same business as the parent company, provided that the conduct of direct commercial and industrial business shall be subject to the approval of competent бизнес брокер прага брокер прага.
Representative Office: It is an office established by an international company or organization in the Emirate of Dubai to бизнес брокер прага it exclusively in the UAE, for the purpose of promoting its own products or services, activating its business or in order to facilitate the conclusion of business dealings between the company represented by the representative office and its clients. The representative office is not allowed to conduct any business or enter into any business deals by itself.
Why Dubai? In less than 40 years, Dubai has transformed itself from a local trading community into one of the most inspirational, exciting and successful cities in the world.
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With a diverse, multicultural population, Dubai offers its residents and businesses a unique environment, enriched with the cultures of more than nationalities and a quality of life and work unrivalled in the Middle East. It is a bustling metropolis with a combination of Emirati heritage, Arabic vitality, Western spontaneity and Asian ambition. With an indigenous population of justthe number of Dubai expatriate residents now stands at more than two million, thanks to its lifestyle appeal and investment бизнес брокер прага.
The tax-free policies and penalty-free repatriation of earnings have enormous benefits on both a personal and business level, with outstanding opportunities for private savings and professional profits.
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Free Zone Company: A company that is incorporated in a free zone. Free zones are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors.
Каковы преимущества коворкингов Regus?
Free zones work under their own regulation. Each Бизнес брокер прага zone has its own regulations and license types. Also, each Free Zone бизнес брокер прага designed around one or more industry area. Comparison: Free zone Business Scope The company can freely conduct business in the local market, the free zones, and outside U. E The company can conduct business within the same free zone or outside the country.
Free zone company is a good option for companies that are interested in setting up a base in U. E for the purpose of tax optimization for their global imports or re-exports.
Ownership The presence of an Emirati local partner бизнес брокер прага appointing a service agent is required. The Emirati partner can sign an agreement that he will not be involved in the profits of the company nor interfere бизнес брокер прага the company operations.
The partner acts as an inactive partner. An Emirati partner gets paid a pre-agreed lump fee per year. Local Services Agent: Civil companies, sole establishments, and Branches of foreign companies need to have an appointed local service agent. The local service agent does not hold any shares in the firm, and does not involve in company operations.
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Physical Space Can be anywhere in Dubai Must be within the free zone Visas There is no limitation on the number of visas for mainland business. The number of allowed visas depends mainly on the office space Depends on the free zone regulations, as well as the office space.
Additional approvals from other authorities might be required, depending on the business activity. Dubai Municipality approval is required for restaurants business The licensing authority would be the concerned free zone authority e.
Dubai Airport Free Zone Authority. Dubai Municipality approval is required for restaurants business We provide business setup services all over the United Arab Emirates. Mainland and free zones offer different advantages depending on your business type and activities.