Onshore

United Arab Emirates

An onshore company with 0% tax

Under UAE federal law foreign businesses have three main forms to choose from to conduct business in the UAE: –

As a local Limited Liability Company

It is the most common form of corporate vehicle but it requires the involvement of a local partner for 51% of shares for the commercial companies. Such companies are recognized as offering a suitable structure for developing a long term relationship in the local market. They can trade within UAE territory.

As a branch of a foreign Company and as a representative office of a foreign company

The branches and the representative offices may be 100 % foreign owned provided a local agent is appointed. The local agents are also sometimes referred as sponsors and they are neither involved in the ownership of the company nor in its management. They assist in obtaining visas, labour cards ect..