UAE FREE ZONE
UAE FREE ZONE COMPANY & TAX RESIDENCY
By setting up a free zone company, we are able to obtain a tax free residency in the UAE for you and your dependents (partner and children).
These are some of the main benefits with setting up a free zone company in UAE:
- The UAE does not levy any taxes on its residents.
- The only travel requirement to keep the residency is to enter the UAE only one time every 180 days.
- The free zone company can be formed in a variety of places in the UAE, however we would especially recommend SAIF Zone which seems to meet most clients needs. An all-inclusive setup for one person starts from 18600 USD (This includes incorporation, mandatory office space for 1 year, medical checkup, visa application, bank account opening).
Sharjah Airport International Free Zone Company quick facts:
|Company type||Free Zone Limited Liability Company|
|License Types||There are four different types of licenses in SAIF, consulting/service license, industrial license, commercial license or general trading license. Which license you choose ultimately depends on your business activities, but like we said the most common one is a consulting/service license.|
|Governing corporate legislation||Sharjah International Airport Free Zone Authority|
|Information relating to company officers||There is no public register of company officers. No name should be disclosed to register a company.|
|Confidentiality||SAIF Zone offers one of the highest levels of anonymity and privacy available today.|
|Accounting/Reporting requirement||Accounts and auditing are required|
|Taxation||No corporate or personal taxation|
|Timeframe||10 working days for company|
|Stability||Stable jurisdiction with very good reputation|
|Basis of legal System||U.A.E. Law|
|Minimum shareholders / directors||Minimum of 1 Director and 1 Shareholder|
|Required documents:||Notarized passport copy, utility bill in original. A bank reference letter or a bank statement for the past 3 months. None of the documentation can be older than 3 months.|
CAUTION: Many others list low fees that do not include what is necessary, our fees are Complete.
Read more about UAE below:
About the United Arab Emirates (UAE)