What are the common business structures to setup a business in Dubai and UAE mainland?

The common structures for mainland business setup in Dubai include Limited Liability Companies (LLCs) for small to medium-sized enterprises and branches of foreign companies. Larger enterprises can opt for Public or Private Joint Stock Companies.

Can foreigners own 100% of a mainland company in the UAE?

Yes, foreigners are allowed for setting up a business in Dubai and the UAE with 100% full ownership, based on the provisions of Federal Decree-Law no. (32) of 2021. However, specific activities may require a local partner.

What are the types of licenses in Dubai and UAE mainland?

The main types of licenses in Dubai and UAE mainland include: Commercial license for trading and e-commerce, Industrial license for manufacturing or processing, Professional license for service providers, and Tourism license for hospitality and tourism-related businesses.

What is the minimum share capital requirement for a mainland company?

Share capital requirements vary based on the business activity and the emirate in which the company is established. It is typically specified during the licensing process.

How long does it take to setup a mainland company in Dubai mainland?

The timeline depends on factors like business activity, required approvals, and document preparation. Generally, it can be completed within 2 to 4 weeks.

How many Free Zones are there in Dubai?

Dubai has over twenty Free Zones, each catering to a specific industry. Some of them include DAFZA, JAFZA, DMCC, IFZA, and others.

Who can opt for business setup in Dubai Free Zone?

Both local and foreign investors are welcome. Foreign investors can have complete ownership without needing a local sponsor.

What kinds of companies are permitted to open in a free zone in Dubai?

Trading, manufacturing, technology, media, healthcare, and logistics are just a few of the enterprises that can be formed in Dubai free zones. Each free zone is often focused on a specific sector.

What types of businesses can be set up in Dubai Free Zones?

Dubai Free Zones support industries such as trading, IT, fintech, logistics, healthcare, manufacturing, and consultancy, ensuring a versatile and globally competitive business environment.

Do I need a local sponsor for a business setup in Dubai Free Zone?

No, foreign investors retain 100% ownership without an Emirati partner or local sponsorship.

How long does the Dubai Free Zone business setup process take?

The incorporation process typically takes 7 to 14 business days, depending on the specific free zone regulations and document submission.

Can I open a corporate bank account for my UAE Free Zone company?

Yes, once your business license is issued, you can open a corporate bank account in the UAE, subject to compliance verification.

Are there renewal requirements for Dubai Free Zone business licenses?

Yes, companies must renew their free zone business licenses annually and maintain compliance with UAE regulatory standards.

What are the main free zones in Abu Dhabi?

Key free zones include Abu Dhabi Global Market (ADGM), twofour54, Khalifa Industrial Zone (KIZAD), and Masdar City Free Zone, each catering to unique business sectors.

Can foreigners own 100% of companies in Abu Dhabi free zones?

Yes, foreign investors are allowed 100% ownership when incorporating within Abu Dhabi free zones without the need for a local sponsor.

How long does it take to establish a company in ADGM?

Typically, it takes between 10 to 15 working days, depending on the approval process and the submission of required documentation.

What is an offshore company in the UAE?

An offshore company in the UAE allows investors to operate internationally while benefiting from tax exemptions and asset protection without needing a physical office in the UAE.

What are the main offshore jurisdictions in the UAE?

The key jurisdictions are Ras Al Khaimah International Corporate Centre (RAK ICC) and JAFZA Offshore.

Can an offshore company open a UAE bank account?

Yes, offshore companies can open UAE bank accounts after compliance verification, subject to bank approval.

What is a RAK ICC Foundation?

A RAK ICC Foundation is a legal entity designed for asset protection, estate planning, and wealth management under the laws of Ras Al Khaimah, UAE.

Can a foreign national create a foundation in RAK ICC?

Yes, foreign nationals can establish a RAK ICC foundation for personal or corporate asset protection and succession planning.

What is a Cloud Special Economic Zone?

It is a dedicated innovation and technology-driven free zone that allows IT and digital enterprises to scale operations seamlessly with flexible licensing models.

What are the benefits of setting up in a Cloud SEZ?

Key benefits include 100% ownership, tax advantages, data hosting privileges, and proximity to advanced infrastructure.

What is Jazan Special Economic Zone?

Jazan Special Economic Zone in Saudi Arabia focuses on industrial and logistics investments with tax incentives and infrastructure near the Red Sea port.

Can foreign companies register in Jazan SEZ?

Yes, Jazan SEZ allows 100% foreign ownership for approved industrial and logistics sectors under Saudi investment regulations.

Where is King Abdullah Economic City located?

King Abdullah Economic City is located on the Red Sea coast of Saudi Arabia, north of Jeddah, offering strategic access to regional markets.

What sectors operate in KAEC?

KAEC hosts logistics, manufacturing, maritime, and service industries, supported by modern infrastructure and SEZ benefits.

Redomicillation Services In UAE | Redomicillation of Companies In UAE

RAKEZ Company Formation

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Why Choose RAKEZ for Your Business Setup?

The Ras Al Khaimah Economic Zone (RAKEZ) is a global business and industrial hub that offers a costeffective and business-friendly environment. RAKEZ combines the benefits of two leading free zones,
making it an excellent choice for a company formation in Ras Al Khaimah. With over 4,000 business
activities and a variety of legal structures, RAKEZ is designed to meet the diverse needs of entrepreneurs
and investors.

Key Benefits of a RAK Free Zone Company

100% Foreign Ownership: You can have complete control of your business without a local sponsor.
Full Repatriation of Profits & Capital: You are free to transfer all profits and capital back to your home country.
0% Corporate: Businesses operating in RAKEZ are exempt from both corporate and personal income taxes.
Simplified Business Setup: The process for a RAK free zone company setup is streamlined, with a dedicated team assisting with documentation and licensing.
Access to Global Markets: RAKEZ’s strategic location provides easy access to key markets in the Middle East, Africa, Europe, and Asia.

Types of Licenses and Legal Structures

RAKEZ offers a variety of licenses to suit different business activities, including:

Commercial/Trading License: For importing, exporting, distributing, and storing goods.
Industrial License: For manufacturing, processing, and packaging.
Professional/Service License: For service providers like consultants, accountants, and lawyers.
E-commerce License: For businesses involved in buying and selling goods and services online.

When it comes to legal structures, you can choose from:

Free Zone Company (FZC): For two or more shareholders.
IFree Zone Establishment (FZE): For a single shareholder.
Branch: A branch of a local or foreign company.

The Process of Company Formation in Ras Al Khaimah

The journey to your RAK free zone company setup is straightforward and typically involves these steps:

1
Choose Your Business Activity & Legal Structure: Define your business model and select the appropriate license and legal structure.
2
Select Your Company Name: Choose a unique name and reserve it with the RAKEZ authority.
3
Submit Your Application & Documents: Provide the necessary documents, which usually include passport copies, a business plan, and the application form.
4
Get Your License and Visa: After your application is approved, you will be issued your RAKEZ license, and you can then proceed with visa applications for yourself and your employees.
5
Choose Your Office Solution: RAKEZ offers flexible office solutions, including co-working spaces, shared desks, and private offices.

Business expansion

The UAE offers a strategic location and a stable business environment, making it an attractive hub for regional and international business operations.

Tax optimisation

Some UAE jurisdictions provide favourable tax conditions.

Access to the UAE and international markets

The UAE provides access to a growing local market and serves as a gateway to the broader Middle East and North Africa (MENA) region.

Legal and regulatory framework

The UAE has well-established legal and regulatory systems that offer investor protection and stability.

Who Can Redomicile a Company to the UAE?

The requirements to proceed with the company re-domiciliation process in the UAE vary depending on the jurisdiction you want to re-domicile the company to. Some of the common requirements include a good financial situation, compliance with regulatory requirements and having a clear business plan.

What Are the Benefits of Redomiciling to the UAE

Some of the benefits of re-domiciling your company to the UAE include but not limited to:

Low corporate tax

No personal income tax

Favourable tax environments

High Return On Investment (ROI)

Easy access to corporate banking and other financial institutions

Flexible regulations

Stable economy

Multiple tax treaties

Full repatriation of capital

Attractive tax benefits

Strategic location

Ease of doing business

Secure environment for business

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Process for Product Registration in the UAE

Include all the jurisdictions that allow redomiciliation.

Onshore Regulations

As per the UAE Federal Decree Law no. 32 of 2021 on Commercial Companies, the concerned regulating authority in the UAE will expediate the process of transferring the re-domiciled company’s records to the UAE official records, after which the company will receive a certificate confirming its business continuity in the UAE. The re-domiciliation process requires the following documents:

Notarised and attested documents of the company.
The certificate of approval from the current external authority, situated outside the UAE.
Financial statements and economic viability reports.
The company’s Articles of Association.

Freezone Regulations

Gatestone Group registers your company with Dubai Municipality, after which we complete the request for product registration.

Abu Dhabi Global Market (ADGM)
Dubai Airport Free Zone Authority (DAFZA)
Dubai Multi Commodities Centre (DMCC)
Ras Al Khaimah International Corporate Center (RAKICC)
Dubai Development Authority (DDA)
Jebel Ali Free Zone Authority (JAFZA)
Ras Al Khaimah Free Trade Zone (RAKEZ)
Dubai International Financial Centre (DIFC)
Dubai Silicon Oasis (DSO) Authority

How Can I Redomicile My Company to the UAE?

The process of redomiciling your international company to the UAE involves legal and administrative steps. Gatestone Group will assist with the following steps, but not limited to:

1. Selecting a jurisdiction

Gatestone Group will choose a suitable UAE jurisdiction for your business based on your needs and the nature of your operations.

2. Provide legal advice

Gatestone Group will provide legal counsel to navigate the specific requirements and regulations related to redomiciliation.

3. Prepare documentation

Gatestone Group will prepare the necessary documents, including company records, financial statements, and an application for redomiciliation.

4. Application and approval

Gatestone Group will submit your application to the relevant UAE authorities and obtain approval for the redomiciliation.

5. Compliance

Gatestone Group will submit your application to the relevant UAE authorities and obtain approval for the redomiciliation.

Get in Touch for Redomiciling Your Company in the UAE

Thinking of redomiciling your company for strategic advantages and unparalleled business opportunities? Look no further.

Gatestone Group specialises in providing re-domiciliation services while facilitating the smooth transition of the business operation to the UAE. Take advantage of our expertise of the UAE laws and re-domiciliation procedures and a dedicated team available to cater to your needs.

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FAQs

1. What is company redomiciliation, and why would a business consider it?

Company redomiciliation involves transferring the registration of a company from one jurisdiction to another. Businesses consider it to benefit from a more favorable business environment, regulatory framework, or strategic advantages.

2. What are the eligibility criteria for company redomiciliation to the UAE?

Eligibility criteria for company redomiciliation in the UAE can vary depending on the jurisdiction. Some common criteria include having a clear business plan, being in good financial standing, and complying with regulatory requirements.

3. Which jurisdictions allow the redomiciliation of overseas businesses to the UAE?

Several free zones in the UAE, including Abu Dhabi Global Market (ADGM), Dubai International Financial Centre (DIFC), and others, permit the redomiciliation of overseas businesses.

4. What is the rate of customs duty in Dubai?

The process involves obtaining approval from the relevant authorities, preparing necessary documentation, ensuring compliance with UAE regulations, and finally, the transfer of registration.

5. Are there specific laws and regulations governing company redomiciliation in the UAE?

Yes, the legal framework for redomiciliation is defined by the laws and regulations of the relevant jurisdiction in the UAE where the company chooses to establish itself.

6. How long does the redomiciliation process typically take in the UAE?

The duration varies but generally takes several weeks to months, depending on the complexity of the case, regulatory approvals, and other factors.

7. Can Gatestone Group assist with the redomiciliation of my company to the UAE?

Absolutely. Gatestone Group specialises in facilitating the redomiciliation process, offering expert guidance, legal support, and comprehensive services to ensure a successful transition to the UAE.

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Office 1416, The Binary by Omniyat Marasi Drive Street, Business Bay, Dubai, United Arab Emirates
+971 4 450 1023
+971 52 410 0849
+44 7385 807 875
+971 52 410 0849
info@gatestonegroup.com

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