Company Formation
We have extensive experience in company formation in the United Arab Emirates, where the process can differ significantly from other countries. Investors can explore the possibilities of the innovative options and experience the benefits of establishing a company in the UAE, a country with a growing economy, diverse culture and strategic location for international business opportunities.
Elevay offers two options exclusively for the UAE, establishing a Free Zone company and establishing a Department of Economic Development (DED) company:
ESTABLISHING A FREE ZONE COMPANY:
The following licenses are issued by the Free Zone authorities, under which you can establish a free zone company. These companies can be owned 100% by a foreign investor with no involvement of a local partner or sponsor:
- Trading licence
- Industrial license
- Service license
- National Industrial license
Some of the desirable benefits of establishing a Free Zone company in the UAE include:
- 100% Foreign Ownership
- No Corporate Taxation for 50 years
- Freedom to repatriate Capital and Income
- No Personal Income Tax
- Full Exemption from Import Duties
- No Currency Restriction
ESTABLISHING A DEPARTMENT OF ECONOMIC DEVELOPMENT (DED) COMPANY:
Investors can also obtain the following business licenses allowing them to establish a local presence in the UAE and access the wider UAE market:
- Commercial licenses covering all kinds of trading activities
- Professional licenses covering professions, services, craftsmen and artisans
- Industrial licenses for establishing industrial or manufacturing activities
We guarantee a streamlined company formation process with our direct access to Government Departments and Ministries and Links Professional Document Solutions (LPDS), ensuring efficient ongoing administration. we can drastically streamline your business and set up its ongoing administration.
We are company formation specialists and can offer you different options depending on where you need your company established and your current situation and preferences. We have dedicated experts to help guide you throughout every stage of the company formation process including but not limited to:
| SERVICES OFFERED |
|---|
| Translation of documents |
| Door to door (VIP) attestation of foreign documents (in certain countries) |
| Assistance in applying for investor and staff residence visas |
| Extension of visit visas |
| Licences and registration |
| Required medical reports |
| Form completions and more |
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