The document discusses different types of business entities that can be formed in the UAE: 1) A free zone company registered with a free zone authority allows for 100% foreign ownership and does not require a local sponsor. 2) A limited liability company (LLC) registered with the department of economic development requires at least 51% local UAE citizen ownership. 3) An offshore company incorporated in certain offshore jurisdictions allows for 100% foreign ownership and 0% tax liability in the country of incorporation. The document provides details on benefits, requirements and procedures for forming these different types of companies in the UAE. It also lists services provided to companies, including business support and partnerships.

4. FreeZones
LLC
Company
Offshore
Company
Business
Support
•Free zones - A free zone company is
registered with a free zone authority and
does not require any local UAE citizen
shareholding. Foreign citizen(s),
company (s) can own 100% shares in the
company.
•Limited Liability Company - A limited
liability company is a company registered
with the department of economic
development of an emirate, which
requires 51% of the shareholding owned
by a local UAE citizen.
•Offshore Company - A company incorporated with certain offshore
jurisdiction to operate worldwide but without any tax liability at the
incorporated jurisdiction

5.  Each Free Zone is an autonomous body with no Government
intervention. It encourages foreign companies to set up
business with 100% ownership. One doesn’t require a sponsor
or an agent to act as a liaison to manage the business.
 100% Ownership.
 Can be formed by only one individual.
 Can open bank account in UAE.
 100% Secrecy maintained.
 0% Tax.
 Less Renewal Charges.
 Can be liquidated anytime.
 Can do international business.
 Can do multiple activities.
 Can hold Properties.

6. There are different variety of Free Zones available
to choose from:
DUBAI FREE ZONES –
 Dubai Airport Free Zone - DAFZA
 Jebel Ali Free Zone JAFZA
 Dubai World Central
 Dubai Multi Commodities – DMCC
SHARJAH FREE ZONES -
 Sharjah Airport Free Zone
 Hamriyah Free Zone
RAK FREE ZONE -
 RAK Investment Authority
AJMAN FREE ZONE -
 Ajman Free Zone
FUJAIRAH FREE ZONE -
 Fujairah Free Zone
 Fujairah Creative City
UMM AL QUWAIN FREE ZONE –
 Umm Al Quwain Free Trade Zone

7.  The limited liability company (LLC) is a distinct business entity that
combines the corporate advantage of limited liability protection with
“pass-through” taxation, the method of taxation afforded to both general
partnerships and S corporations. Like corporations, Dubai LLC’s come into
existence after making a filing with the appropriate state body, typically
the Secretary of State, and paying the necessary state filing fees.
 Forming an Dubai LLC can help establish credibility for a new business
with potential customers, employees, vendors, and partners.
 There are generally no restrictions on the number of members allowed.
 LLCs have flexibility in structuring the management of the company.
 LLCs do not require as much annual paperwork or have as many
formalities as corporations.

8.  A UAE (JAFZA / RAK / AJMAN) offshore company can be quickly
incorporated and it is a tax efficient and cost effective corporate
structure for businesspersons to conduct international trade.
UAE offshore companies are incorporated through local
Registered Agents who are authorized by the local offshore
authorities to act as Registered Agents.
 100% Foreign ownership
 100% Tax exemption
 No minimum capital requirement
 No limitations on maximum capital and denomination
 Complete financial privacy and confidentiality
 Anonymity
 Ability to maintain local / offshore bank account
 Can be opened through authorized Registered Agents

9.  Bank account opening assistance
 Arrangement of local sponsor
 Drafting and legalisation of will
 Drafting of Agreements
 Corporate restructuring
 Liquidation of company
 Local and international attestations
 Arrangement of bank loans
 Business Centre arrangement
 Digital Marketing
 Change of Shareholders of a
company
 Change of Managers of a company
 Visa and immigration assistance for
investors and employees
 Family visa assistance
 Renewal of Trade licenses
 Amendment in MOA
 Emirates ID assistance
 Accounts and Finance personnel
recruitments
 Trade mark registrations
 Arrangement of side agreements
with Sponsor
 Drafting of Memorandum of
association
 Drafting of Power of attorney
 Drafting of Board resolutions
 Change of Activities of a company
 Change of Directors of a company
 Change of Name of a company
 Driving license exchange assistance
 Customs assistance
 Registration with Chamber of
Commerce
 Insurance advisory

10.  In the current competitive climate, firms need to find new ways to
leverage their existing services and intellectual capacities.
 Partners get an opportunity to learn from those who see things
differently through their own cultures, marketplaces and business
practices. It gives them the leverage to overcome client
perceptions that they are not equipped to handle complicated
client engagements or cases that extend beyond international
borders. Rather than losing their growing clients to the bigger
firms, partners are able to stay competitive and even win new
clients that ordinarily may have gone to a larger firm.
If interested in becoming our partners, please write to us at info@qmcuae.com