The United Arab Emirates is a country that attracts foreign investors and businessmen to create a strong and stable economy.
The United Arab Emirates is a country that attracts foreign investors and businessmen to create a strong and stable economy. At the moment, the UAE is a popular tourist center as well as the region where IT and other areas of activity are actively developing. This means every entrepreneur has the opportunity to create his own business for the greatest benefit. If you are one of such enthusiasts then you should pay attention to the company formation in DMCC Dubai.
What Is DMCC and What Benefits Does It Have?
The Arab country consists of 30+ free economic zones intended for foreign and local companies. To attract established companies operating with foreign capital is the main goal of the United Arab Emirates. Therefore, they receive more benefits and support from the government.
DMCC is one of the free zones which allow companies to operate with 100% foreign capital. As for local organizations, they will receive appropriate licenses if the part of the foreign capital does not exceed 49%. The absence of taxation and simple paperwork are also worth noting.
To register a company in DMCC, an entrepreneur only needs to provide documentation (bank account, company name, licenses/permits) and fulfill other mandatory requirements. If you want to save time and money, contact a team of professionals who will help solve any problem.
However, all free zones including DMCC have different restrictions. So, entrepreneurs have to fix authorized capital and fulfill other requirements. To avoid this, use the offshore company setup UAE solution. In this case, the company does not need to provide financial reports, pass checks and pay taxes. The registration is fairly quick, and the local laws allow 100% of the shares to be held by non-residents of the country.
With the help of specialists in this field, you will open your company in the United Arab Emirates in just a few days!