ESTABLISHING A COMPANY IN DUBAI

 

Establishing a company in Dubai will bring you and your company several advantages. Dubai, one of the world-famous cities of the United Arab Emirates, is among the important trade centers thanks to its tax advantages as well as tourism. Setting up a company in Dubai, especially with low corporate tax and 0% income tax, places this country in a very attractive business hub for investors. Apart from the advantages it offers to foreign investors, it is also possible to obtain a residence permit in the United Arab Emirates by establishing a company in Dubai. Moreover, you do not need any local partners to set up a company in Dubai.

Platin International, which provides support to establish a company in the Free Zone or Mainland in Dubai, produces the most suitable solutions for you in all processes such as bank account opening support, accounting execution virtual office address and residence permit transactions that you may need after company establishment and manages the process for you.

 

  

 

What are the Options for Starting a Company in Dubai?

It is possible to establish a company in Dubai in two different ways, Free Zone and Mainland company.

Is it Possible to Start an Online Company in Dubai?

To establish a company in Dubai, the founder does not need to go to this country. To set up a company in the UAE, a color passport scan, proof of residence and company name suggestion are sufficient.

What is Required to Open a Company Bank Account in Dubai?

Citizenship or residency is required to open an account with a local bank in Dubai. After company incorporation, you can log in from Dubai and open a bank account at the local bank. In addition, it is possible to open an account for your company in Dubai from local banks in Turkey. After setting up a company in Dubai, it is possible to open an online bank account with your company details.

 

  

 

The advantages of establishing a company in Dubai are;

 

■ You carry your business to the international platform and grow it globally.

■ You will have a tax advantage with the company you will establish in the freemarket.

■ You can easily obtain a residence permit in theUnited Arab Emirates by establishing a company in Dubai.

■ You can open a bank account in Dubai.

■ You can use a bank account in Turkey or in Europe with a free transfer.

 

How Long Does It Take to Start a Company in Dubai?

Company formation in Dubai is completed within ten (10) business days.

 

  

 

Are there taxes in Dubai? What is the Corporate Taxation System in Dubai?

The taxation structure varies depending on the region where you set up your company in Dubai. In Dubai, the tax system is divided into two parts, to be applied in the free zone and on the mainland Corporate tax is minimum in the free zone and 9% in the mainland. The VAT rate, known as VAT, is applied as 5% in both the free zone and the mainland for intra-emirate sales. VAT rate is 0% for global sales.

What Visa Must I Obtain to Start a Business in Dubai?

You do not need a visa to Start a Business in Dubai.

Can I settle in Dubai by establishing a company?

Yes, it is possible to get a 2-year residence permit by establishing a company in Dubai.