Set up an onshore company in Dubai

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.

If you want to benefit from different type of incentives, you may choose to open an onshore company in a free zone and this is the most common decision taken by businessmen. We can help you open a Dubai Onshore or Offshore Company and business bank account. For most entrepreneurs and business owners, the benefit of offshore company formation Dubai free zone far outweighs the gain of establishing a traditional enterprise in the city. This is especially true for individuals seeking ready access to the market, at minimal cost.

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/ .