With the continuous advancement of the "Belt and Road" initiative, the Middle East has become a popular choice for Chinese companies to expand overseas markets with its unique geographical advantages and vigorous economic vitality. The UAE, as a shining pearl in the Middle East, is attracting global investors with an open attitude and generous policies. It is undoubtedly an ideal destination for companies to go to sea.
1. The double dividend of location and policy:
the United Arab Emirates is located at the intersection of Asia, Africa and Europe, and Dubai is a global logistics and aviation center, providing natural advantages for enterprises to build a global supply chain network. Its "2030 Vision" focuses on economic diversification, introducing policies such as 100 foreign ownership and zero corporate income tax to create one of the friendliest business environments in the world.
2, low tax burden and financial freedom:
enterprises are exempt from profits tax, no VAT/withholding tax, and unlimited cross-border movement of assets. Free zone companies can also act as "transit points" for international tax planning, for example by holding European subsidiaries to optimize profits.
Business privacy and financial security:
the UAE does not participate in the international exchange of tax information, shareholder information is completely confidential, and bank accounts accept multi-currency transactions (including restricted areas), high security of funds.
The core advantages of company registration
1, low threshold, flexible architecture.
No registered capital requirement, 1 shareholder/director, no international restrictions. -Offshore companies (purely offshore), free zone companies (100 per cent foreign holdings) or local companies (51 per cent UAE partner required).
2. Low operating costs
no physical office address, no need to submit financial statements, and the government approval process is fast. Free zone companies can apply for employee visas and enjoy warehousing, office and other supporting services.
3, industry access loose
from financial technology, cross-border e-commerce to energy and tourism, the UAE is open to emerging fields, and technology companies can also receive special government subsidies.
1. UAE Inland Company:
it is usually held by UAE nationals at 51% and foreign investors at 49%. These companies are deeply integrated into the local market and are suitable for companies that do a lot of business with local customers and need to operate locally in the UAE.
2. Free Zone Company:
foreign investors can take a 100 per cent stake but cannot trade directly with the local UAE market. However, customers have the opportunity to apply for a UAE residence permit, which is suitable for companies that focus on international trade and want to enjoy preferential policies and obtain residence convenience.
3. Offshore companies:
foreign investors are also allowed to hold 100 percent of the shares, do not trade with the local UAE market, do not need a physical office, and do not involve visa matters. Suitable for businesses that do cross-border business, have high confidentiality requirements and do not need to set up a local entity.
Company Registration Process
1. Pre-examination of nuclear name and preparation of materials
submit 3-5 alternative names to the business sector. Shareholder identification, description of business scope, registered address (free zone to lease virtual office).
2. Approval and license
submit an application to the municipal department, complete the registration of the chamber of commerce at the same time, and obtain a business license in about 4-6 weeks.
3, license issuance and follow-up landing.
After the municipality issues a business license, the enterprise must apply to the Ministry of Labor for a "company card" to complete the government filing.
Zhuoxin Enterprise provides agency services such as domestic and foreign company registration, bank account opening, annual tax return, agency bookkeeping, trademark registration, ODI Overseas Investment Filing, etc. If you have any business needs in this area, please feel free to consult our online customer service!
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.