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Local (mainland) company in the UAE

A local (mainland) company is a UAE legal entity that has the right to operate both within the country and abroad without any restrictions.

 

This type of business is registered with the Department of Economy and Tourism (DET – Department of Economy and Tourism).

Stages of collaboration with Make Fortune

1
Apply
We answer all your questions, think over the work plan, negotiate the stages and deadlines
2
Enter into a contract
We draw up a list of services provided and all necessary payments, the total amount of all registration costs is clearly stated in the contract
3
Provide the required information
We undertake all possible preparation and submission of documents, you just need to provide us with correct data
4
Follow the progress of registration
We are available 24/7 during our work. We constantly inform about the status of the process at all stages: obtaining a license, obtaining a visa, opening personal and corporate accounts
5
Get a positive result
License, visa and Emirates ID received, accounts opened! You can start a business!
6
Business support in the UAE
Our specialists are ready to provide professional support in the areas of tax and accounting support.

Why should you contact us?

Registration of your company in the UAE on a turnkey basis

We help to open corporate and personal bank accounts

We are engaged in registration and renewal of licenses, the VAT registration procedure

We provide assistance in obtaining a resident visa of the country

We carry out a comprehensive audit, help to keep accounting records

Assistance in obtaining permits and certificates

VIP escort We meet clients at the airport, escort them in premium class cars

We work with government agencies, free zones and banks without intermediaries.

Maximum transparency in the provision of services. We ensure complete confidentiality of your data

Make Fortune services for opening local companies in the UAE

Full support for local company registration

(from assistance with documents to legal advice)

Assistance in obtaining a license from DET and concluding a lease agreement

Applying for an immigration card and opening a file at the Ministry of Labor

Registration of visas for all subjects of the company

(from investor to employees)

Opening personal and corporate accounts on a turnkey basis

Full support of the company's activities

(accointing, audit, tax support)

Key features for a local company in the UAE

The mainland company can operate both domestically and abroad without any restrictions. The company will be registered with the Department of Economy and Tourism (DET - Department of Economy and Tourism).

 

Registering a local company gives you access to the following opportunities in the UAE:

Free conduct of business both in the UAE and around the world
Registering a local company allows you to freely conduct business throughout the UAE - without restrictions on opening branches and renting / buying offices.
Participation in government tenders
The United Arab Emirates is a country with rapid economic development, which constantly holds tenders in a variety of industries.
Information privacy
All information about the beneficiaries of the company is hidden. Your financial information is protected from automatic exchange.
100% foreign ownership of the company
For most activities in the UAE, you do not need a local partner
Opportunity to open branches
When expanding your business, you can open branches throughout the UAE
Registration of residence in the UAE
You can apply for UAE visas and get an Emirates ID for investors, employees, family members and household staff
Free conduct of business both in the UAE and around the world
Registering a local company allows you to freely conduct business throughout the UAE - without restrictions on opening branches and renting / buying offices.
Participation in government tenders
The United Arab Emirates is a country with rapid economic development, which constantly holds tenders in a variety of industries.
Information privacy
All information about the beneficiaries of the company is hidden. Your financial information is protected from automatic exchange.
100% foreign ownership of the company
For most activities in the UAE, you do not need a local partner
Opportunity to open branches
When expanding your business, you can open branches throughout the UAE
Registration of residence in the UAE
You can apply for UAE visas and get an Emirates ID for investors, employees, family members and household staff

Why is it profitable
to open a business in the UAE?

The mainland company can operate both domestically and abroad without any restrictions. The company will be registered with the Department of Economy and Tourism (DET - Department of Economy and Tourism).

 

Registering a local company gives you access to the following opportunities in the UAE:

Strong human resource

There is no shortage of professional personnel in the Emirates. The state has created favorable conditions for business development. This attracts talented professionals from all over the world to the country.

Stability and security

The UAE is a politically stable and secure country with a high standard of living.

Soft tax policy

Doing business in the United Arab Emirates assumes the absence of income tax, income tax and tax on dividends. Value added tax of 5% on profits above 100,000 USD is payable only in the case of activities within the UAE.

Favorable geographical position

Developed air communication with all the leading air harbors of the world allows delivering goods to any country.

Benefits of Jurisdiction

The UAE is not on the "black list" of countries with which cooperation is prohibited by the European Union. Therefore, they are an excellent option for transferring assets from one tax jurisdiction to another.

Protecting the interests of foreign business owners

Lack of information exchange with the tax authorities of other countries, clear rules for regulating business and protecting the rights of entrepreneurs.

Priority development of the IT industry

The state is actively investing in the digital future and modern technologies. The UAE is one of the leading countries in the field of digital transformation: blockchain is working, artificial intelligence is being actively introduced, and a digital government has been created.

Strong human resource

There is no shortage of professional personnel in the Emirates. The state has created favorable conditions for business development. This attracts talented professionals from all over the world to the country.

Stability and security

The UAE is a politically stable and secure country with a high standard of living.

Soft tax policy

Doing business in the United Arab Emirates assumes the absence of income tax, income tax and tax on dividends. Value added tax of 5% on profits above 100,000 USD is payable only in the case of activities within the UAE.

Favorable geographical position

Developed air communication with all the leading air harbors of the world allows delivering goods to any country.

Benefits of Jurisdiction

The UAE is not on the "black list" of countries with which cooperation is prohibited by the European Union. Therefore, they are an excellent option for transferring assets from one tax jurisdiction to another.

Protecting the interests of foreign business owners

Lack of information exchange with the tax authorities of other countries, clear rules for regulating business and protecting the rights of entrepreneurs.

Priority development of the IT industry

The state is actively investing in the digital future and modern technologies. The UAE is one of the leading countries in the field of digital transformation: blockchain is working, artificial intelligence is being actively introduced, and a digital government has been created.

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    Frequently Asked
    Questions

    What is the cost of opening a company in Dubai?

    The final cost depends on a combination of factors - a type of activity, number of visas issued, office space, etc. The most affordable option on the market today is AMCFZ in Ajman. The cost of a license there without visas is 6,166 UAE dirhams - 1678 USD. To find out the exact cost of company registration in Dubai, contact our agency.

    What is a commercial license?

    A license means a permit to conduct a specific type of activity. This document confirms your right to conduct business on the territory of the Arab Emirates.

    What is the process of purchasing an existing business in Dubai?

    To buy a company in Dubai or another emirate, you need to go through the following steps: 1. Pay a fixed amount to the owner of the firm; 2. Reissue licenses and other statutory documents to the new owner; 3. Change the signatory on the current bank account; 4. Pass the KYC - Know Your Customer procedure. 5. If you are planning to buy a company in the UAE, contact Make Fortune Business Solutions. We will advise you on legal issues and help with the paperwork.

    What is the taxation of local companies in Dubai?

    Local companies have to pay VAT when their annual turnover exceeds 100,000 USD. In January 2022 it was announced that in June 2023 a corporate tax of 9% would be introduced. The levy will not affect companies making less than 375,000 dirhams (about $102,000) in profit.

    What products can I sell in the UAE?

    The United Arab Emirates is a modern developed state where it is allowed to sell any goods. The list of banned products includes those that are contrary to Islamic ethics and morality. Additionally, the list includes items which are not permitted in any other modern state.

    What options for registering a company in Dubai can I consider?

    Three types of companies can be opened in the Emirates: a local company; an offshore company; a company in the free zone.

    How to get a license in the UAE?

    Apply to the selected jurisdiction. Then provide the documents you need to register a company in the UAE. Paperwork should be submitted in English, in some cases translation into Arabic may be required. For a full list of required documents please contact our agency.

    What are the real estate fees in the UAE?

    A registration fee of 4% of the transaction amount must be paid when registering a purchase or sale transaction. In addition to monthly utilities, tenants are required to pay a housing fee to the municipality. Residents also pay an annual community fee. The amount of this fee may vary depending on the type of building, the neighborhood, etc.

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