The UAE, and in particular Dubai, has been garnering a lot of media attention recently and for good reason. 

Dubai enjoys a central location between Europe, Africa and Asia, making it as a prime business destination for a variety of sectors. A five-hour flight from Dubai in any direction, will not bring one to any cosmopolitan city anywhere near as advanced as this city. Dubai’s highly regulated environment adheres to international best practices, while operating with zero personal and corporate tax rates, as well as 100% capital repatriation with no currency restrictions.

This type of financial freedom is seldom found in such a highly developed business environment, therefore one can find numerous opportunities provided in the UAE and across a wide range of sectors. Dubai is a leading commercial center with a state-of-the-art infrastructure and outstanding business environment. Among the many reasons to make a base in Dubai and invest in the city are:

A liberal economy that is fully integrated with the world economy.

The city is central, located between Europe, Asia and Africa and attracts approximately five million investors and tourists on an annual basis.

It is one of the safest cities in the world.

More than 200 nationalities live in harmony and call Dubai their home.

Dubai is well serviced by international and local financial institutions.

There is an advanced educational system in place suited to the full spectrum of cultures and languages.

Dubai enjoys a world class healthcare system.

Honesty - We always tell our clients the truth and make sure they understand all the details of their tasks. We discuss everything together and agree on the same things. We promise to be completely open about any fees and charges. We won't hide fees or charge extra just to make more money, unlike some other companies. We believe in being clear and honest so that our clients can plan and manage their finances better.

Service - A company is judged by how happy its clients are. At Business Setup Consultants, we don't just want our clients to be satisfied; we want them to be really happy! We're ready to do extra work to make sure every client gets the best service and a straightforward, stress-free experience. If our clients aren't happy, then we're not happy either.

1. Free Zone Entities:

• These entities permit 100% foreign ownership and enjoy exemptions from corporate and personal taxes for a specific number of years.
• Limited to operating within designated free zones, they are commonly used for import/export, industrial, manufacturing, and various service-related activities.

2. Onshore Structures:

• Often misunderstood, onshore structures in the UAE require a 'local sponsor,' similar to requirements in other countries like Switzerland.
• A local sponsor owns 51% of the shares, but profits can be distributed differently. The local sponsor is paid an annual fixed fee, while the resident director/owner and foreign owner manage and distribute profits independently.

3. Professional License:

• Allows 100% foreign ownership, with the local sponsor playing a 'local service agent' role and receiving a fixed yearly fee.
• The license holder must be educationally qualified in the specific professional service they intend to provide.

4. Representative Office License:

• Permits marketing and information gathering on behalf of a parent company.
• Requires a local service agent, who is not obligated to be a shareholder.
• All UAE-registered companies need a physical office, and assistance is available for finding or leasing one during the incorporation process.

Mainland Setup Advantages:

1. Unrestricted Trading: Conduct trading activities across the entire Mainland without limitations.

2. Versatile Office Locations: Ideal for investors seeking office premises anywhere in the Mainland.

Free Zone Setup Advantages:

1. 100% Ownership: Enjoy full ownership of your company.

2. Virtual Registration: Register the company without the need for a physical office.

3. Residency Visas: Eligibility for 3 years residency visas.

4. Corporate Bank Account: Ability to open a corporate bank account.

5. Cost-Effective Residency Visas: Residency visa costs are lower, varying by Free Zone Jurisdiction.

Feel free to reach out to Setup Zone, and we will guide you towards the most cost-effective business structure for your needs in the UAE.

Depending on the chosen incorporation structure, you may need a local sponsor. A local sponsor can offer various forms of assistance crucial for a business. The specific position and background of a sponsor can provide valuable support in various aspects of a business operating in the UAE. With our extensive knowledge of the industry and the region, we can offer specific information and guidance in this regard.

The Free Zone Setup provides the advantage of granting you complete ownership, allowing you to have full control of your business without any ownership restrictions. If you have any more questions or need further information, feel free to ask!

In the UAE, there are no corporate or personal taxes. However, companies intending to clear their goods from the port into the country are required to pay a 5% import duty. If you have any additional questions or need further clarification, feel free to ask.

Yes, for incorporations in the UAE, having an office space is a requirement. Whether you opt for a smaller space to minimize costs or prefer larger offices for establishing your headquarters in the UAE, Ziventa can provide guidance on the most suitable office space. We can assist you in making informed decisions based on your specific needs and preferences. If you have any more questions or if there's anything else you'd like to know, feel free to ask.

Managing the day-to-day aspects of your book of accounts is a complex task that demands expertise. Our team is proficient in:

1. Reviewing and setting up the chart of accounts.
2. Data entry, encompassing the recording of daily transactions.
3. Tailoring the frequency of visits to meet your needs, whether it's daily, weekly, monthly, or quarterly.
4. Processing accounts payable and receivables.
5. Conducting bank reconciliations.
6. Implementing VAT-compliant procedures.
7. Generating Management Information System (MIS) reports.

We understand the challenges of handling these tasks every day. Let us take on this responsibility, allowing you to focus on what truly matters for your business. We go the extra mile to comprehend your unique business needs, providing customized solutions. If you have any questions or if there's anything else you'd like to discuss, feel free to reach out.

Establish your business in the UAE by choosing from three distinct categories: Freezone, Mainland, and Offshore. Each option comes with its unique set of benefits. For detailed information tailored to your specific needs, consult with our experts. We're here to provide comprehensive insights and guide you through the optimal choice for your business setup. Feel free to reach out to our team for a detailed discussion.

The duration for company formation in the UAE can vary, ranging from three weeks to several months, contingent on factors such as the type of business and the associated legal formalities. For those unfamiliar with the system during the initial stages of the application process, the timeline might be extended. However, leveraging our expertise can significantly expedite this process, reducing it to as little as three days. We specialize in streamlining the procedures to ensure a swift and efficient company formation experience. If you have any specific questions or if there's anything else you'd like to know, feel free to ask.

At Ziventa, our team comprises experts from every continent, bringing a wealth of diverse experiences and knowledge in accounting. This unique composition allows you and your company to tap into expertise that might not be readily accessible otherwise. We are well-equipped to answer your most challenging questions and possess a comprehensive understanding of both local regulations and the nuanced laws that may vary when engaging in international business. By leveraging our global expertise, we ensure that you receive tailored solutions that cater to the specific demands of your business. If you have any more questions or if there's anything else you'd like to discuss, feel free to reach out.