Business Setup And Company Formation
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Business Setup & Company Formation – Hassle-Free Solutions for Your Success
In today’s interconnected world, expanding your business globally requires more than just operational expertise. Navigating legal frameworks and ensuring effective communication across language barriers are crucial for success. At our firm, we offer expert legal advisory services that help you understand the complexities of international laws, from business regulations to compliance requirements. Our team of experienced legal professionals provides guidance on structuring your business, protecting intellectual property, negotiating contracts, and ensuring adherence to local and international legal standards.
In addition to legal services, we provide professional translation solutions that ensure your business documents, contracts, marketing materials, and communications are accurately translated to meet the linguistic needs of your target markets. Our team of certified translators works with a deep understanding of both the language and the cultural nuances, ensuring your messages are conveyed clearly and effectively, no matter the language.
Why Choose Us?
Expert Guidance: Our team of seasoned consultants brings deep expertise in global business landscapes. We are dedicated to providing you with the most innovative and effective strategies for setting up and scaling your business across borders.
Tailored Solutions: Understanding that each business has distinct needs, we collaborate closely with you to create personalized solutions that align with your global objectives and market requirements, ensuring optimal growth and success.
End-to-End Support: From initial consultations to complete market entry and establishment, we provide comprehensive services, supporting you through every step of the process for a seamless and efficient global business setup.
Types of Business Structures We Support
Mainland Companies
A mainland company refers to an onshore business entity officially registered with the relevant government authority in the UAE, typically the Department of Economic Development (DED) of the specific emirate. The DED issues the trade license for these companies. One of the key advantages of mainland companies is the freedom to engage in a wide range of commercial activities without significant restrictions. However, for certain business types, a local sponsor or UAE national may be required as a partner in the company.
In the past, foreign investors were only allowed to own up to 49% of a mainland business, with the remaining 51% held by an Emirati sponsor. However, recent changes in UAE law now permit 100% foreign ownership of mainland companies, enabling greater autonomy for international investors wishing to establish operations in the UAE.
Global Strategic offers comprehensive support in navigating the entire process of mainland company formation, ensuring a seamless experience across all emirates, including Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, and Fujairah.
LLC Companies
In the UAE, LLC stands for Limited Liability Company, which is the most widely used business structure. An LLC consists of at least two shareholders and can have up to fifty. Each shareholder’s liability is limited to the amount of capital they have invested in the company. LLCs have the advantage of being able to operate throughout the UAE and across the Gulf Cooperation Council (GCC) region.
Foreign investors are now permitted to fully own LLCs on the UAE mainland, with the government allowing 100% foreign ownership, a recent change from the previous rule that limited foreign investors to owning only up to 49%, with the remaining 51% of the company owned by a local Emirati sponsor.
Global Strategic is here to guide you through the entire process of setting up your LLC, ensuring smooth company formation across all Emirates, including Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, and Fujairah.
In the past, foreign investors were only allowed to own up to 49% of a mainland business, with the remaining 51% held by an Emirati sponsor. However, recent changes in UAE law now permit 100% foreign ownership of mainland companies, enabling greater autonomy for international investors wishing to establish operations in the UAE.
Offshore Companies
Offshore” refers to any business activity that occurs outside an entity’s home country or jurisdiction. This term is commonly associated with foreign banks, corporations, investments, and deposits. Companies often move offshore to take advantage of tax benefits or to operate under more relaxed regulations. In the UAE, the two primary locations offering offshore company formation are Ras Al Khaimah (RAK) and the Jebel Ali Free Zone (JAFZA). These jurisdictions are known for being “tax-free,” meaning they do not impose income or corporate taxes, and they also allow for 100% foreign ownership.
Both RAK International Companies (RAK ICs) and JAFZA Offshore Companies are required to appoint an approved registered agent, and Sovereign Corporate Services is one such authorized agent for this purpose.
Global Strategic offers expert guidance on setting up your offshore company smoothly within the aforementioned free zones. We are up-to-date with all the latest developments and regulations, ensuring your business formation process is efficient and compliant.
In addition, for foreign investors looking to establish a business in the UAE mainland, the UAE government now allows 100% foreign ownership. Previously, expatriate business owners were limited to owning a maximum of 49%, with the remaining 51% held by an Emirati sponsor.Global Strategic is equipped to assist you with every step of the mainland company formation process across all Emirates, including Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, and Fujairah.
Freezone Company
A free zone company is a business entity established within a designated jurisdiction that falls under the authority of a specific Emirate in the UAE. Currently, there are over 40 free zones operating across the country. Each free zone has its own set of regulations, governed by a body known as the Free Zone Authority, which is responsible for issuing trade licenses.
One of the primary advantages of setting up a business in a free zone is the ability to enjoy 100% foreign ownership along with various tax exemptions. However, free zone companies are permitted to conduct business only within the free zone itself and outside the UAE, but they cannot operate directly within the UAE mainland.
Global Strategic specializes in providing seamless assistance for free zone company formation across various locations, including Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, and Fujairah. Our team ensures that all processes and procedures are completed smoothly and in full compliance with local regulations.
Additionally, for foreign investors wishing to establish a presence in the UAE mainland, the government now permits 100% foreign ownership of businesses. Previously, expatriates were restricted to owning no more than 49% of their business, with the remaining 51% owned by a local Emirati sponsor. Globex Management Consultants is well-equipped to assist you in the formation of mainland companies across all Emirates, ensuring a hassle-free setup experience.
Our Services Include:
- Business Licensing: We assist you in obtaining the necessary licenses for your business, whether it’s a mainland, free zone, or offshore company.
Company Registration: Our team will help you navigate the registration process, ensuring that all paperwork is completed accurately and efficiently.
Local Sponsorship: For mainland businesses, we can provide local sponsorship services to comply with UAE regulations.
Office Solutions: We offer virtual office setups, coworking spaces, and commercial office leasing to meet your business needs.
Visa Services: Our experts will assist you in obtaining the required visas for you and your employees, including employment, investor, and family visas.
Bank Account Setup: We provide support in opening corporate bank accounts, helping you choose the right banking solutions for your business operations.
Ongoing Compliance: We ensure that your business remains compliant with all regulatory requirements, including license renewals and local laws.
Get Started Today!
Establishing a business in the UAE has never been easier. Let Global Strategic be your trusted partner in navigating the setup process. Our dedicated team is ready to assist you with every aspect of your business formation.
Contact us today to schedule a consultation and take the first step toward launching your business in the UAE!