Onshore companies are used to operate within the UAE market unlike offshore companies that are mainly for performing business outside this country. While a license is required for an onshore company, for offshore ones there is no need to obtain any license. You also have to pay the corporate tax, establish a real office and have a local (UAE) shareholder. The procedure for incorporating an onshore company is more difficult than for an offshore one and the costs are higher.

The UAE’s spectacular growth in
real estate business has not only completely transformed the shape of the whole
Emirates. It has also increased the number of individuals and companies wanting
to set up base in the Middle East’s fastest growing and most advanced city Dubai. In the UAE 100% ownership is only guaranteed
if a company sets up in a Free Zone only in this case no local partner is
required. The company retains full control over their businesses and assets.
Free Companies Zone in Dubai
is much better option for those who does not want the overhead of local
partner. Free zone company setup allows investor and owner of the company to do
business by their own style. Dubai Free zone company setup has come in action
according to a specific business need, and offer licenses to companies and
entities within those classifications. For each free zone there is a separate
body structure or authority. This authority is called free zone authority,
which is responsible for the management of that free zone. The authority is responsible
for issuing licenses and employee visa. Free zone authority has their own rules
and regulations to issue licenses. There are no taxes for free zone company
setup, 100% foreign ownership and customs privileges. This makes the free zones
the most favorable locations in the Middle East for international operations.
For more information visit the site http://dubai-setup.com/
.