Peculiarities of Company Setup in Dubai

Company formation in Dubai is a goal for every business owner since the company setup in any other country is probably not so luxurious and prestigious as in the UAE. However, for most entrepreneurs, this goal remains just an unrealized wish because they believe that the registration process is too complicated. Undoubtedly, it provides a lot of pitfalls, but if you have a detailed plan of action, you will achieve success.

Choose a Suitable Location

Each emirate has its peculiarities of business registration and regulation. Therefore, it is advisable to learn these details before selecting the best location. In case you decided to set up a local company, you need to find an investor who will own 51% of shares. The process of registration is rather complex, and it requires you to follow certain regulations regarding a license, taxes, visas, and so on. If you wish to simplify the company setting-up process, select one of the available free zones that are the most suitable for your type of business. These zones were developed in the UAE specifically for foreign investors, and they offer more profitable conditions.

The Main Features of Ajman Free Zone

Ajman free zone, located not far from Dubai, is one of the safest and the most attractive areas for company registration in the UAE. This fact can be explained by a large number of benefits for foreign business owners:

Absence of income taxes;
Complete ownership of the company’s shares without a local investor;
Advantageous zone location;
Low prices for a visa;
• Ajman free zone trade license cost (if you deal with a consulting agency, the price will start approximately from $9,000);
Quick registration process (it usually takes no more than one day);
Data confidentiality guarantee.

Ajman free zone is more suitable for the owners of small and medium businesses. Due to its comfortable location, this area is more preferable for setting up a trading or industrial company.

We are happy to present this collaborative post to offer valuable information to our readers.

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