Does anyone know what is the difference between registering a Dubai Free Zone company and a local co

As far as I know, a company in the free zone is owned by the investor and has 100% ownership, and it needs to produce accounting statements and have an auditor audit it, but it is not clear whether it needs to be reviewed every year. The local company you are talking about should be a common company, which is jointly held by the investor and the local insurer, and does not need to issue accounting statements, but when the company is renewed every year, the local insurer must be paid. That's probably it, if you have any questions, you can leave me a message, I hope it can help you.

I don't know about the other differences, but one of the biggest differences is that when a company is registered in a free zone, it must be 100% controlled by the owner of the company.

It's just more troublesome.

Information required to register a company in Dubai:

1.Curriculum vitae of the applicant;

2.Notarized passports of shareholders and directors (need to be authenticated by the UAE Embassy in Beijing);

3.Proof of address valid within 3 months;

4.Bank reference letter;

5.Power of attorney for company incorporation and bank account opening (legalization required from the UAE Embassy in Beijing);

Setting up a Dubai company in Hong Kong allows you to open a Hong Kong account to facilitate the acceptance of foreign exchange. ）

Dubai Company Registration Conditions:

1.Company Name: If the company is registered in the Jebel Ali Free Zone in the Dubai Free Zone, the company name ends with Limited, and the specific industry is as follows:

Offshore companies such as banks, insurance, insurance, reinsurance, insurance institutions, or insurance issuers cannot be registered; If the company is registered in the Ras Al Khaimah Free Zone (RAK) within the Emirate of Ras Al Khaimah and the name of the company ends in Limited or incorpotated, the following words and activities related to them cannot be used: guarantee, bank, housing cooperative, chamber of commerce, practising, cooperative, **, imperial, insurance, municipal, mutual aid**, royal, trust;

2.At least one shareholder of the company;

3.Number of directors of the company: if the company is registered in the Jebel Ali Free Zone in the Dubai Free Zone, there are at least 2 directors; If the company is registered in the Ras Al Khaimah Free Zone (RAK) within the Emirate of Ras Al Khaimah, there shall be at least 1 director;

4.Must have a registered address;

5.There must be a registered person: all amendments, incorporations, and issuance of certificates of the company can only be done by the registered person, and direct visits by the person who owns the company will not be accepted by the authority in the free zone;

6.The company secretary can be a registered person.

There are two ways to register a company in Dubai, one is DMCC, which is to set up a company in the free ** zone.

The other is simply company formation. The requirements for company registration and license application are as follows:

3 company names for reference.

A color copy of the passport of the shareholder and the company's manager (can be the same person), the resume of the shareholder and the company's manager (can be the same person) (reflecting relevant experience), and the customer's power of attorney (the template provided by Yingke Waifu).

Know Your Customer (KYC)** is completed and signed by the company's shareholders and company managers - Yingke Waifu provides the template.

Proof of address of shareholders and company management (can be the same person) (any property bill less than 6 months old, e.g. bank statement, utility bill, etc.), business plan, etc.

Benefits of registering a company in Dubai for businesses:

1. Dubai is the world's leading transit lane, and most of the goods are exported and re-imported duty-free 2. Dubai offshore companies are exempt from personal income tax, capital gains and other taxes 3.

4. There are no currency constraints for Dubai companies.

5. The tax holiday period for Dubai companies is 15-50 years, which may change according to the current laws and regulations6. The immigration policy for employees of registered companies in Dubai is relaxed.

7. Dubai allows the company's profits and income to return to China.

8. Dubai company has strong confidentiality, and the company's information, bank-related information and shareholder and director information will be strictly confidential.

9. Registering a company in Dubai can enable enterprises to increase their international influence and establish an international brand

1. Dubai, as the world's leading transit lane, is duty-free for the export and re-import of most commodities;

2. Dubai offshore companies are exempt from personal income tax, capital gains and other taxes;

3. The cost of registering a company in Dubai is low;

4. There are no currency constraints for Dubai companies.

5. The tax holiday period for Dubai companies is 15-50 years, which may change according to current laws and regulations;

6. The immigration policy for employees of registered companies in Dubai is relaxed;

7. Dubai allows the company's profits and income to return to China.

8. Dubai company has strong confidentiality, and the company's information, bank-related information and shareholder and director information will be strictly confidential.

9. Registering a company in Dubai can enable enterprises to increase their international influence and establish an international brand

Registering a company in Dubai should have certain advantages for enterprises, and our country should have certain preferential policies for such enterprises. So registering such a company will reduce some taxes.

This is the company's business. You can go to the company and ask about it. What are the advantages for businesses?

Benefits of registering a company in Dubai.

1. As one of the important cities in the Middle East, Dubai may not be avoided for any business activities in the Middle East, and based on the perfect supporting facilities and comfortable life, Dubai is the most suitable office for your MENA market.

2. Dubai has an advanced transportation system, including two of the largest ports in the region and the largest airline in the Arab world, cementing its position as a global economic hub.

3. Zero value-added tax, zero business tax, zero profits tax and zero salaries tax for local business;

4. Perfect financial system, annual accounting, auditing;

a controlling stake, which is not subject to the requirement that a local person in the Dubai Guarantor Company must hold more than 51% of the shares;

6. No foreign exchange control, a variety of international currencies are freely convertible without restrictions;

Profits can be returned to China, and the company's profits can be freely handled;

8. Logistics and financial center of the Belt and Road;

9. It can actually operate the company and enjoy the bilateral agreements of many countries.

1. Foreign companies can register their own companies in Dubai, and do not need local partners, so they can rest assured that they have all the rights to the interests of the company.

2. The company's import and export ** is completely tax-free operation.

3. Personal income is completely tax-free, which is completely beneficial to employment and employment freedom.

4. The most important thing is that after the actual operation of the company, the company's profits and earnings can be brought back to the country.

5. The company's tax-free operation can last for 50 years.

6. Dubai's trading area is the center of the Middle East countries.

7. The identity information of directors and shareholders within the company is completely confidential, which can be said to be absolutely safe.

Is it so good to pay taxes to other countries? Why can't we pay taxes for our own country, we have to take care of our own country.

Registering a company in Dubai has the following advantages:

1. Located in the center of the region, Dubai can not only provide the best time zone, so that the East and the West can be seamlessly connected here, but also do not need overnight transactions, and have a modern technological infrastructure system.

2. As one of the safest cities in the world, Dubai has many good private schools, facilities and activities to meet everyone's needs.

3. Language is not a problem here, you can find communities in many countries, and it is very convenient to live and travel.

4. As the world's leading transit port, most of the import and re-export of goods are duty-free;

5. Offshore companies are exempt from all taxes such as profits tax and capital gains, and there are no complicated tax issues;

6. The funds obtained from the company's operation here are allowed to return to China;

7. The confidentiality of the region is strong, and the company's information, bank information and shareholder and director information are strictly confidential;

8. It has close free relations with many countries, which is convenient for the company to conduct business.

1.Company Name: If the company is registered in the Jebel Ali Free Zone in the Dubai Free Zone, the company name ends with Limited, and the specific industry is as follows:

Offshore companies such as banks, insurance, insurance, reinsurance, insurance institutions, or insurance issuers cannot be registered; If the company is registered in the Ras Al Khaimah Free Zone (RAK) within the Emirate of Ras Al Khaimah and the name of the company ends in Limited or incorpotated, the following words and activities related to them cannot be used: guarantee, bank, housing cooperative, chamber of commerce, practising, cooperative, **, imperial, insurance, municipal, mutual aid**, royal, trust;

2.At least one shareholder of the company;

3.Number of directors of the company: if the company is registered in the Jebel Ali Free Zone in the Dubai Free Zone, there are at least 2 directors; If the company is registered in the Ras Al Khaimah Free Zone (RAK) within the Emirate of Ras Al Khaimah, there shall be at least 1 director;

4.Must have a registered address;

5.There must be a registered person: all amendments, incorporations, and issuance of certificates of the company can only be done by the registered person, and direct visits by the person who owns the company will not be accepted by the authority in the free zone;

6.The company secretary can be a registered person.