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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: | |||||
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Representative office supporting the parent company (market research, studies, brokerage, but no direct economic activity). |
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2. | 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. | |||||
3. | 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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