|Foreign enterprises have the possibility to do trade with a trading licence in the U. A. Emirates. In addition they can create their own branch office or open up a one-man operation.
|Depending upon your business purpose the following types of a branch office/subsidiary in one of the foreign trade zones of Dubai are possible:
Representative office supporting the parent company (market research, studies, brokerage, but no direct economic activity).
|Subsidiary or branch(best suitable for service and consulting businesses in accordance with the licence).
|In both cases 100% of the shares are held by European Union citizens or other foreigners.
|Business partnerships and incorporated enterprises(the establishment joint of a venture with a local partner is recommended for relocation of production to Dubai: Usual are ‘Partnership’ and ‘Limited Liability Companies’).
|Please note that independent business activities are not allowed in the following areas: Real estate broker, banking, oil -, gas and petro-chemical industry.
|In Dubai you do not pay any taxes as a private person and/or company!
|If you, as an entrepreneur/tradesman/self-employed person, would like to know more about the possibilities how to relocate and/or expand your business activities to Dubai, please contact Mr. Kristian Nuernberg.
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