Our company in Dubai
Here is the translation of your text into English:
In the United Arab Emirates, there are three main types of companies available for non-Emiratis: offshore companies, free-zone companies, and mainland companies. Each type offers specific features tailored to different business needs and investment strategies:
- Offshore Company:
- Purpose: Asset management, investment, and international trade, without physical business activities in the Emirates.
- Ownership: 100% foreign ownership allowed.
- Taxation: Exemption from local taxes on profits and VAT, depending on the zone.
- Operations: Can trade internationally and, under certain conditions, with the local market (often through local distributors).
- Physical Presence: No need for a physical office in the Emirates.
- Confidentiality: Provides a high level of confidentiality and anonymity protection.
- Free-zone Company (Free-zone):
- Purpose: Promote international trade and investment in specific sectors, with tailored infrastructures and services.
- Ownership: 100% foreign ownership allowed.
- Taxation: Exemption from taxes on profits and VAT, depending on the zone.
- Operations: Can trade internationally and, under certain conditions, with the local market (often through local distributors).
- Physical Presence: Requires an office or physical space in the free zone.
- Specific Advantages: Customs and logistical facilities, depending on the specialization of the free zone.
- Mainland Company:
- Purpose: Operate freely throughout the emirate and the local market without geographical restrictions.
- Ownership: Historically required a local Emirati partner holding at least 51% of the company, but recent reforms allow 100% foreign ownership in some sectors.
- Taxation: Subject to local tax legislation, although the Emirates are widely regarded as a tax haven.
- Operations: Ability to trade directly with the local market and obtain government contracts.
- Physical Presence: Requires an office or a physical location in the emirate.
These options offer various opportunities and challenges for international investors, depending on their specific business plans and the need for access to the local Emirati market.
Interested? Contact us for an initial discussion: info@p-bridge.com