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Setting up a business in the UAE is a popular option for entrepreneurs due to the country’s strategic location, stable economy, modern infrastructure and favorable tax regime. Entrepreneurs can choose between opening a company on the Mainland of the UAE or in the Free Economic Zones (Free Zones), which have special rules for foreign investors. Company registration in UAE takes quite a bit of time.
Companies in the Free Zones allow 100% foreign ownership, simplified licensing, minimal bureaucratic requirements and long-term corporate tax exemption. The choice of a specific zone depends on the type of business - finance, trade, IT, media or other areas. On the Mainland of the UAE, a company can operate for the entire domestic market, but usually requires a local partner who owns a share of the company.
The process of setting up a business includes registering a company name, preparing statutory documents, obtaining an appropriate license, registering an office and opening a corporate bank account. Special licenses are required for some types of activities, for example, in finance, education or online business.
The main advantages of doing business in the UAE are tax efficiency, the possibility of full foreign ownership in the Free Zone, access to international markets and a prestigious business environment. It is important to consider the costs of licenses and offices, compliance with local legislation and visa requirements for employees. Doing business in the UAE allows you to effectively scale your activities to the Middle East, South Asia and Africa, while taking advantage of a stable regulatory system and modern infrastructure.