The majority of top-tier business owners always want to start a company or open a new branch in the UAE. This country offers a wide range of benefits and opportunities for both local and foreign entrepreneurs. Business registration in UAE is a carefully regulated and common practice for business people from all around the world. With the help of local specialists, it is possible to register a business quickly and without any trouble.
Starting a Company in the Arab Emirates
For a foreign business person, there are two options as for opening a company in the UAE. It can be opened on the territory of the UAE or in one of the numerous free trade areas located in different emirates. The procedure of opening a normal UAE company is more demanding as explained at https://uae-consult.com/en/our-services/opening-of-companies-in-united-arab-emirates. It can be necessary in case you want to open a restaurant or an insurance company, etc. However, with the help of qualified professionals, the procedure will be completed without difficulties. Here are some of the features of the UAE’s companies:
- Only half of the stocks can be held by a foreigner; the rest will go to a local business person;
- Such business can be engaged in any activity nationwide and worldwide;
- Residence visas will be offered by the company;
- The location of your headquarters will be determined by the emirate where you have registered.
Opening a Business in One of the Free Trade Areas
The most convenient and popular option for foreigners is starting a company in the UAE’s free trade zones. These areas are created specifically for attracting business people from other countries. Therefore, they offer unique advantages for the foreigners, and the registration process is less complicated. In this case, an entrepreneur from another country can own 100% of the company without cooperating with a local representative. Resident visas and local bank accounts are also available.