In the United Arab Emirates (UAE), especially in Dubai, there are various types of companies available to you. These include:
- Free Zone Company: This type of company is particularly suitable for foreign founders as it allows 100% ownership of the company and is not subject to the restrictions that apply to mainland or offshore companies. If you generate the majority of your turnover outside the UAE, you benefit from a 100% tax exemption.
- Mainland Company: Ideal for business activities with local customers in the Emirates, e.g. a restaurant. This form allows direct access to the local market, but is subject to 9% corporate tax and 5% VAT.
- Offshore company: Suitable for entrepreneurs who wish to conduct their business primarily outside the UAE. Offshore companies are not allowed to trade domestically and face restrictions on property ownership, visa options and account opening.