FAQS

In the UAE, you can establish an offshore company, a free zone company, or a mainland company. Each type offers unique advantages, such as free zone companies, which allow 100% foreign ownership and provide tax benefits.

Foreign residents in Dubai and other emirates are exempt from paying income tax.

With iWorld, you can establish a company in the UAE in just 10 days.

Yes, but to operate on the mainland, free zone companies typically need to work through a distributor or establish a mainland subsidiary with a local sponsor.

Documents required for shareholders, director, and general manager:

• Copies of passports for beneficial owners, director, and general manager.
• Curriculum vitae of the beneficiaries, director, and general manager.
• Company profile, customer profile (country), planned turnover.
• Evidence of contracts with customers or suppliers.

Additional documents:

• Certificate of incorporation.
• Company's trade license, if applicable.
• Memorandum and Articles of Association.
• Document confirming the signing authority of the director.

Note: Documents in languages other than English and Arabic must be legally translated into English. All documents must be notarized in the country of origin. At least one parent company document (preferably an employment certificate) must be certified by the UAE embassy or consulate in the country of origin or an Arab embassy if a UAE embassy is unavailable.

Until June 1, 2023, residents and citizens of the UAE were exempt from all types of taxes. From June 1, 2023, companies with taxable income exceeding AED 375,000 are required to pay a corporate tax rate of 9%. Start-ups and companies with a turnover of less than AED 375,000 will continue to enjoy a 0% tax rate.