There are a number of different options you should consider when thinking about how to set up your business in the UAE, and which one is best for you will depend on the type of business you are engaging in, your target customers and what you are hoping to achieve.
The different options you have are:
- A free zone company
- An offshore company
- A mainland company
GO FREE ZONE IF YOU WANT:
- To operate as a wholesaler or consultancy business
- To avoid the need for a local partner or service agent
- A cost effective way to obtain a residency visa
GO OFFSHORE IF YOU WANT:
- A UAE bank account to receive payment from international clients
- To aquire shares under an offshore company name
- To transfer assets to your offshore company to avoid being slapped with taxes like inheritance tax
- To set up a virtual office in the UAE
GO MAINLAND IF YOU WANT:
- A physical retail facility inside the country
- A physical office in a convenient location inside the country
- Freedom in selecting where to physically set up your business
- Access to customers and clients across the UAE
This is a quick fire guide to understanding the kind of structure that may suit your needs best, but there are many more details and factors to consider. For a more nuanced understanding and guide to doing business in the UAE, get in touch with one of our team today for a free consultation on all things related to doing business in the UAE.
