Dealing with Business Setup in Dubai with the help of the experts

The United Arab Emirates or the UAE might be a small country in the Middle East but this small country really holds some big opportunities when it comes to business. It is consistently rated as one of the best places in the world to conduct business. This is probably the reason, many of entrepreneurs from all around the world come to UAE to start their own business. If you are an entrepreneur who wants to make sure success in business, then you must seriously consider opening a business in Dubai, the capital of the UAE. A large number of entrepreneurs think that when it comes to opening a business in the UAE, Dubai is the only option they have. However, the emirate of Ras al-Khaimah (RAK) which is another constituting emirate of UAE, also offers a range of different advantages when it comes to business. Therefore, you can even consider opening a business in the Ras al-Khaimah.

Business Setup in Dubai

There is great deal of help available when it comes to forming a company in the UAE. There are a number of professional company formation consultants who would help you deal with Business Setup in Dubai or forming a RAK offshore company. Most of the leading companies in this particular niche, have years of experience in this sector and they are, therefore well versed in the matters of company formation, the legal formalities and all the other processes associated with company formation. They have a team of Tax experts who have a great deal of knowledge about Dubai Taxation and hence they are the right kind of people to tell you in the matter of taxation. Apart from helping you with Taxation and consulting, they also help you with offshore banking by forming a bank account with a respected RAK Bank UAE. So get in touch with such a professional company formation consultant and form your own company in the UAE with ease.

UAE Company Formation made Easier by Professional Overseas Business Consultancy Services

Whatever may be your financial goals for setting up an offshore entity, whether it is to avoid burdensome taxes in the home jurisdiction, protect business assets, to seek immunity from excessive regulations or enjoy lower establishment costs, the solution is to set up an offshore business or undertaking in any of the popular offshore jurisdictions. Dubai is becoming very popular as an offshore destination to find or set up a business venture. Another great advantage is that Dubai is not black listed and is not considered a tax haven making it easy for Dubai based company formations to deal with different clients from across the world. Under Dubai company formation you have a choice of setting up either a Free Zone Company or an Offshore Company. The Free Zone Company are businesses that are 100 percent owned by the person who sets it up, and you do not need an agent or sponsor to act as a liaison to manage the business. The Offshore company refers to a Dubai registered company conducting or operating its business outside its boundaries. The offshore structure has been introduced to cater to the needs of companies that require"tax relief - invoicing facility". There is no need to set up a physical office and there is no minimum capital requirement. UAE company formation can be accomplished within 2 - 4 days by registering the company in Ras Al Khaimah (RAK) which is a completely tax-free zone, with full repatriation of profits and capital allowed and with no local office required there is no employee cost incurred. The company is not required to file accounts or conduct audits.

The RAK Free Trade zone Company is a cost-effective investment destination. The RAK free trade zone is a special area where normal trade barriers, like taxes, tariffs and quotas, are eliminated and the bureaucratic requirements are much less. With free zone companies it is possible to help from over 40 double taxation agreements in the UAE and to receive an investor visa/residency. Free Trade Zone companies are tax exempted for up to 50 years. The Ras Al Khaimah Investment Authority also called RAK Investment Authority (RAKIA) is an industrial licensing and promotion agency set up to attract investments in the Ras Al Khaimah region and is responsible for issuing all types of licences operating in the industrial parks and free zones belonging to RAKIA, issuing licences for offshore companies and providing needed facilities to business that include providing warehouses, offices and industrial land. GWS Middle East FZE is a reputed company service provider in the UAE and a fully licensed agent of Ras Al Khaimah government providing company formation services in the UAE. If you would like to explore and seize the opportunity to do business in the UAE you can try their services.