UAE Dubai Non-resident Company Formation
The Emirate of Dubai, situated within the United Arab Emirates (UAE), stands as one of the seven emirates. The city of Dubai, serving as both its capital and the largest city in the UAE, boasts a vibrant and diverse population. Within the UAE’s legislative landscape, only Abu Dhabi and Dubai hold the power to veto matters of national significance.
Currently, Dubai’s population totals 1.5 million residents, with a substantial 82% being foreigners. While Arabic is the official language, English serves as the dominant business language.
Dubai has undeniably emerged as the Middle East’s premier business hub.
Dubai offshore companies offer an array of advantages akin to other international offshore companies, coupled with the added distinction of Dubai’s renowned reputation for business transparency. Operating under a concept parallel to traditional offshore companies, a UAE Dubai Non-Resident Company is precluded from conducting business activities within the UAE or the Free Trade Zones. However, it acquires a distinct advantage by virtue of its affiliation with Dubai’s esteemed business center.
Although not officially classified as a tax haven entity, a UAE Dubai Non-Resident Company enjoys similar advantages and benefits.
Companies incorporated as UAE Dubai Non-Resident Companies are exempt from any tax obligations, making them an appealing choice for international businesses seeking a tax-efficient solution for their operations.
For additional information about UAE Dubai Non-resident Companies, you can check the site Consil Formation.
Advantages of UAE Dubai Non-resident Company Formation:
If you are interested in the UAE Dubai N0n-Resident Company Formation, you can contact us any time.
Summary of UAE Dubai Non-resident Company and main characteristics:
| General Information | |
|---|---|
| Type of company | Limited by shares Company |
| Corporate Legislation | Incorporated under the Company Regulations 2003 |
| Taxation | Corporation Tax – 0% Tax on Dividends – 0% No withholding tax on interest, dividends and royalty, no capital gains tax |
| Currency | Standard Currency AED |
| Paid up capital requirement | No paid up capital required |
| Time zone | GMT+4 |
| Directors | |
| Minimum no. required | 2 |
| Local Director required | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum no. required | 1 |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | Yes |
| Local Secretary required | No |
| Registered office required | Yes |
| Share Capital | |
| Standard Currency | AED |
| Standard Authorized Capital | 1,000 AED |
| Minimum paid up capital | No |
| Accounting Requirements | |
| Preparation of accounts | Required (can be completed by Consil Formation). Yes , filed at the Registered Office but not filed at any Government Office |
| Requirement for audit | Yes (can be completed by Consil Formation). An Auditor must be appointed who will examine and report on the Accounts however the Audit is not required to be filed with any Government Authority. |
| Accounts public accessible | No |
| Requirement to file Annual Return | Yes (can be completed by Consil Formation) |
| Further Information | |
| Bearer shares | No |
| Confidentiality | Yes |
| Nominee services | Available |
| Need to travel | No |
| Apostille | No, apostille is not available, documents can be certified and consular legalization is possible |
| Owners | Individuals or Corporate |
Register your UAE Dubai Non-resident Company
- Document Notarization per document: € 500
- Bundle of documents Notarization;