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puthran@emirates.net.ae
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FAQ -
PUTHRAN CHARTERED ACCOUNTANTS
FAQ
What are the advantages of incorporation in Dubai/UAE ?
Excellent infrastructure in communication and transportation.
Absolutely no tax – whether income tax, corporate tax, VAT or capital gains tax.
No Exchange regulations.
The capital and profits are 100% repatriable.
Dubai is a reputable international trading jurisdiction.
No public records are kept by the Govt. of the shareholders and directors.
Foreigners can own 100% shares in free zones.
Dubai is strategically located to cater to Asian, African and European markets.
No cumbersome procedures to incorporate in the companies
What are the differences between onshore and offshore companies?
Onshore company:
Local and International trading.
Can have office in UAE.
Eligible for visa for investors and employees.
Branches and subsidiaries of foreign companies possible.
Filing of accounts mandatory.
Import duty of 5% if goods taken out of the free zone.
Time taken: 3-4 weeks.
Offshore company:
International Trading only.
Cannot lease own office in UAE.
Not entitled for visa.
Only subsidiaries are possible.
Filing of accounts is not enforced.
Cannot import goods in U.A.E.
Time taken: 4-5 working days.
What are the various free zones available in the UAE?
UAE has a myriad of free zones to select from, according to your requirements. They are:
Jebel Ali Free Zone, Dubai
DMCC/Jumeirah Lake Towers, Dubai
Dubai Airport Free Zone
Dubai Media City/Dubai Internet City
Dubai Silicon Oasis
Sharjah Airport International Free Zone (SAIF Zone)
Hamriyah Free Zone, Sharjah
Ras Al Khaimah Free Trade Zone (RAK Free zone)
Ajman/Fujairah Free Zone
Our Services
Auditing and Accounting
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Business Advisors & Consultants
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Offshore Company Formation
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UAE Company Formation
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Arrangement of Wills/Agreements
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Budgeting & Forecasting
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Business Valuations
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Arbitrations
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Liquidation of Companies
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VAT
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WE OFFER OUR CLIENTS ONLY EXPERT ADVICE
For more information on our services call us.
Call : +971 4 345 2006
Call : +971-6-5305030
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