70 likes | 83 Views
The process of starting a new firm is known as Company Formation. The UAE corporate law governs the entire process of Company Formation In Dubai. Spectrum Accounting specializes in business formation. For a stress-free journey in Dubai or any of the UAE's Emirates, contact us. Spectrum will assist you with all legal aspects of company registration, whether you are on the mainland or in a free zone. If you want assistance, please contact us as soon as possible<br><br>Contact Us<br><br>Website: https://www.spectrumaccounts.com/advisory-services-dubai/company-formation<br>
E N D
https://www.spectrumaccounts.com Company Formation In DubaiBy Spectrum Accounts
https://www.spectrumaccounts.com Introduction • The process of starting a new firm is referred to as Company Formation. The United Arab Emirates' corporate law governs the whole process of starting a corporation.
https://www.spectrumaccounts.com 3 methods for the Company Formation in the UAE • Mainland: The licensing authority is the Department of Economic Development of the several emirates. • Free zone: The licensing authority will be the appropriate Free Zone Authority. • Offshore - The Offshore Body is the licencing authority in the case of an offshore jurisdiction.
https://www.spectrumaccounts.com Types of Business License In the United Arab Emirates (UAE), business licenses are granted depending on the company's business activity and might be one of the following: • Professional : Professionals, artisans, and craftsmen are all eligible for professional licenses. • Commercial - A commercial license covers all trade and commercial operations that are carried out for profit. • Industrial - The industrial license covers all industrial and manufacturing activity. • Tourism-All hospitality and tourism related operations are covered by the tourist license.
https://www.spectrumaccounts.com Benefits Of UAE Free Zones • 100% foreign ownership of the enterprises • Import and export taxes are fully excluded. • Complete capital and profit repatriation • A registered company can rent a small portion of office space within that Free Zone. • There are no financial restrictions. • Corporate tax exemption for 15 years, renewable for an additional 15 years • The corporation can get UAE resident permits for its directors, shareholders, and employees through the Free Zone where it is registered. • There are no personal income taxes.
Company Formation – Spectrum Accounts • Spectrum Accounting specializes in business formation. For a stress-free journey in Dubai or any of the UAE's Emirates, contact us! • Spectrum will assist you with all legal aspects of Company Registration, whether you are on the mainland or in a free zone. If you want assistance, please contact us as soon as possible.
https://www.spectrumaccounts.com Contact Spectrum Accounts & Book For More Information • Visit- https://www.spectrumaccounts.com • Mail - info@spectrumaccounts.com • Call - +97142699329