Mainland Company Formation Dubai Overseas Business Setup is a business setup consultant company in Dubai, United Arab Emirates.
We help businessmen and investors to grow their businesses in Dubai.
Our business setup expert team is an experienced and hard-working team to help you kick start your business all over Dubai.Overseas Company Formation Dubai helps you to set up: 1- Mainland Company2- Free Zone Company3- Offshore CompanyFurthermore, we provide ejari, local agent, local sponsor, office space, and PRO services.For Business Inquiries Call: +971 4 580 5771Visit Our Office: Rania Business Center, Al Barsha 1, Dubai, UAE.
Dubai was an oil-based economy.
But, can trade with the UAE local market only with the help of a local sponsor.
Moreover, a sponsor does not take part in the decisions of the business and is paid an annual fee.Types of local SponsorsCorporate local sponsor: A local corporate company established and registered in Dubai can act as a local sponsor for a foreign company willing to set up in Dubai.
The local sponsor holds 51% of the stakes and the rest 49% goes to the foreign company.
This type is most suitable for an LLC formation.Individual local sponsor: A local resident can be a sponsor.
This is most suited for professional businesses.Advantages of a local sponsor to register a companyGetting access to local market and expertiseLLC with a local sponsor is fully tax-free and the foreign investor can repatriate 100% of profitsCan open many branches in the UAEGet hold of government projectsFactors to be considered to appoint a local sponsorThough appointing a local sponsor is advantageous, but before hiring one, the company has to cross-check the details about the sponsor.
How to get Professional License in Dubai- UAE: Different types of licenses are provided for various businesses in Dubai by the Department of Economic Development (DED).
For example, one would need an industrial license for manufacturing activities, a commercial license for trading activities, and a professional license for professional activities.Read more https://blackswanbss.com/how-to-get-professional-license-in-dubai-uae/ Social https://www.pinterest.com/pin/790522540837558140/ https://twitter.com/BlackSwanBSS/status/1324664548595413000 https://www.instagram.com/p/CHPwieQpGqn/ https://www.linkedin.com/feed/update/urn:li:activity:6730388124683309056/ https://business.facebook.com/blackswan201/photos/a.1080197165446878/2065608020239116/?type=3&__tn__=-R
But in 2020, Dubai is becoming a business hub due to the different advantages that it offers.
High Standard of LivingIf you want to enjoy a high quality of life and living conditions then Dubai and the rest of the UAE is the best place for it.
You have access to free Wi-Fi in public spaces in Dubai which indicates the technological advancements of the place.
Relief from TaxationPaying tax puts a big hole in any businessman’s pocket and in every corner of the world you have to face a long list of taxation.
But, Dubai is offering relaxation from many heavy taxes such as: Personal income taxCapital gains taxWithholding taxCorporate taxAlthough there are some exceptions here like if you are a branch of an international bank, hotel or oil or Gas Company.
Residency VisaDubai has the option of acquiring a residency visa and with it, you can enjoy many benefits such as:You are allowed to open a current account in banksYou can lease an apartment in DubaiYou can get visas for other countries as well.You are free to move in or exit from UAE multiple times.
Mainland Company Formation Dubai Overseas Business Setup is a business setup consultant company in Dubai, United Arab Emirates.
We help businessmen and investors to grow their businesses in Dubai.
Our business setup expert team is an experienced and hard-working team to help you kick start your business all over Dubai.Overseas Company Formation Dubai helps you to set up: 1- Mainland Company2- Free Zone Company3- Offshore CompanyFurthermore, we provide ejari, local agent, local sponsor, office space, and PRO services.For Business Inquiries Call: +971 4 580 5771Visit Our Office: Rania Business Center, Al Barsha 1, Dubai, UAE.
How to get Professional License in Dubai- UAE: Different types of licenses are provided for various businesses in Dubai by the Department of Economic Development (DED).
For example, one would need an industrial license for manufacturing activities, a commercial license for trading activities, and a professional license for professional activities.Read more https://blackswanbss.com/how-to-get-professional-license-in-dubai-uae/ Social https://www.pinterest.com/pin/790522540837558140/ https://twitter.com/BlackSwanBSS/status/1324664548595413000 https://www.instagram.com/p/CHPwieQpGqn/ https://www.linkedin.com/feed/update/urn:li:activity:6730388124683309056/ https://business.facebook.com/blackswan201/photos/a.1080197165446878/2065608020239116/?type=3&__tn__=-R
Dubai was an oil-based economy.
But, can trade with the UAE local market only with the help of a local sponsor.
Moreover, a sponsor does not take part in the decisions of the business and is paid an annual fee.Types of local SponsorsCorporate local sponsor: A local corporate company established and registered in Dubai can act as a local sponsor for a foreign company willing to set up in Dubai.
The local sponsor holds 51% of the stakes and the rest 49% goes to the foreign company.
This type is most suitable for an LLC formation.Individual local sponsor: A local resident can be a sponsor.
This is most suited for professional businesses.Advantages of a local sponsor to register a companyGetting access to local market and expertiseLLC with a local sponsor is fully tax-free and the foreign investor can repatriate 100% of profitsCan open many branches in the UAEGet hold of government projectsFactors to be considered to appoint a local sponsorThough appointing a local sponsor is advantageous, but before hiring one, the company has to cross-check the details about the sponsor.
But in 2020, Dubai is becoming a business hub due to the different advantages that it offers.
High Standard of LivingIf you want to enjoy a high quality of life and living conditions then Dubai and the rest of the UAE is the best place for it.
You have access to free Wi-Fi in public spaces in Dubai which indicates the technological advancements of the place.
Relief from TaxationPaying tax puts a big hole in any businessman’s pocket and in every corner of the world you have to face a long list of taxation.
But, Dubai is offering relaxation from many heavy taxes such as: Personal income taxCapital gains taxWithholding taxCorporate taxAlthough there are some exceptions here like if you are a branch of an international bank, hotel or oil or Gas Company.
Residency VisaDubai has the option of acquiring a residency visa and with it, you can enjoy many benefits such as:You are allowed to open a current account in banksYou can lease an apartment in DubaiYou can get visas for other countries as well.You are free to move in or exit from UAE multiple times.