UAE
The United Arab Emirates are located in the southeast of the Arabian Peninsula and consist of seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al-Khaimah and Fujairah. Covered by the golden dunes of the Abu Dhabi and Dubai desert it is famous for its luxurious oases cities filled with beautiful fountains. Every new development is so novel that the rest of the world discusses it for a long time. Despite all of the modern developments, the Emirates have retained its rich cultural heritage and its traditions, which is mainly revolves around the religion of Islam and traditional Arab, and Bedouin culture. The official language is Arabic. The UAE has a high GDP per capita income and is an open economy – its Free Trade Zones offer 100% foreign ownership and zero taxes, which attracts foreign investors and makes it one of the most popular tax havens.
Key Corporate Features |
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|---|---|
General |
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| Basis of Legal System | Civil |
| Type of Company | International* |
| Tax on Offshore Profits | Nil |
| Redomiciliation Permitted | Yes |
| Time to Form | 3-4 weeks |
Corporate Requirements |
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| Minimum Shareholders | 1 |
| Minimum Directors | 1 |
| Corporate Administration | |
| Corporate Directors Permitted | Yes |
Local Requirements |
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| Registered Office/Agent | Yes |
| Company Secretary | No |
| Director | Yes |
| Meetings | No |
Public Filings |
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| Directors | Yes |
| Shareholders | Yes |
| Beneficial Owners | No |
Annual Filing Requirements |
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| Annual Return | No |
| Audited Accounts | No |