Onshore company service in Dubai
Overview of onshore company
This opposite of the offshore company. In the onshore company a entity is incorporated in a home country with the sole purpose of doing business within that specific jurisdiction.
Do you need onshore company.
Offshore company is the best option for anyone who wishes to do any of the following.
- Conduct trade or provide local services
- Rent an office or other commercial premises outside of designated free zones.
- Obtain a resident visa while conducting business locally.
Where to setup onshore company
UAE offers a wide variety of option which a business can opt to set up their onshore company. It is imperative to understand that there are different zones within UAE that offer the businesses to set up onshore companies. Each zone offers some benefits and this can get very confusing very fast when one starts to compare different zones.
We will help you in finding and selecting the zone which offers the right things for your business needs, and then make sure that your setup process takes minimum time.
Benefits of making an onshore company.
- The benefits of onshore company registration in Dubai/the UAE include:
- 0% corporation tax and low rates of VAT at 5%
- Unlimited visa access for all shareholders and their direct relatives
- Easy and fast registration, with an average lead time that’s normally less than 14 days
- Opportunity for greater financial freedom with a UAE bank account
- A simple regulatory system that allows businesses to thrive without obstacles
Documents required
One would need three type of trade license.
- Trade license for transporting and storing goods.
- Industrial license for manufacturing packaging and selling the finished products.
- Professional license for providing professional services.
