COMPANY SETUP SERVICES
WHY UAE IS THE BEST PLACE TO START YOUR BUSINESS?
There are several compelling reasons why the United Arab Emirates (UAE) is considered one of the best places to start a business. Here are some key factors that make the UAE an attractive destination for entrepreneurs and businesses:
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Strategic Location: The UAE’s strategic geographic location between Europe, Asia, and Africa provides businesses with easy access to global markets. It serves as a gateway for trade and investment, offering excellent connectivity and logistics infrastructure.
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Political and Economic Stability: The UAE enjoys political stability, a transparent legal system, and a business-friendly regulatory environment. The government’s commitment to economic diversification and long-term growth provides a stable and secure environment for businesses to thrive.
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Free Zones and Business-friendly Policies: The UAE offers numerous free zones, which are designated areas that provide various incentives and benefits to businesses, including 100% foreign ownership, tax exemptions, and streamlined administrative processes. These free zones cater to specific industries, making it easier for businesses to operate in their respective sectors.
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Tax Benefits: One of the significant advantages of setting up a business in the UAE is the absence of corporate and personal income taxes in most free zones. Additionally, the introduction of a value-added tax (VAT) system in 2018 has further strengthened the UAE’s fiscal position while providing a predictable and transparent tax framework.
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Infrastructure and Facilities: The UAE boasts world-class infrastructure and state-of-the-art facilities, including modern office spaces, logistics hubs, and advanced telecommunications networks. This well-developed infrastructure supports businesses in their day-to-day operations and facilitates growth and expansion.
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Skilled Workforce: The UAE has a diverse and highly skilled workforce comprising local talent and expatriate professionals from around the world. The availability of a multilingual workforce with expertise in various industries enables businesses to access the talent pool required to drive innovation and growth.
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Supportive Business Ecosystem: The UAE government actively promotes entrepreneurship and supports businesses through various initiatives, programs, and funding options. Entrepreneurial support organizations, incubators, and accelerators are available to guide startups and provide resources to foster their growth.
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High Quality of Life: The UAE offers a high standard of living, modern amenities, excellent healthcare, and a safe environment for residents and businesses. The country’s vibrant lifestyle, world-class entertainment, and cultural attractions make it an attractive destination for professionals and their families.
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Access to Capital and Investment Opportunities: The UAE is a hub for international investors and venture capitalists, providing access to funding and investment opportunities. The country’s robust financial system and capital markets offer a favorable ecosystem for businesses seeking growth capital or strategic partnerships.
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These factors collectively make the UAE an ideal destination for starting a business. Whether you are a budding entrepreneur or an established company looking to expand, the UAE’s business-friendly environment, supportive policies, and strategic advantages position it as a top choice for business setup and growth.
Why MHR Chartered Accountants?
MHR Chartered Accountants specializes in providing comprehensive business setup services to both foreign and local investors in the United Arab Emirates (UAE). With our in-depth knowledge of local regulations and extensive experience in company formation, we offer tailored solutions to meet your specific business requirements. From entity selection and structuring to obtaining the necessary licenses and permits, our team guides you through every step of the setup process. With MHR Chartered Accountants, you can count on a seamless and efficient business setup experience that sets the foundation for your success in the UAE.
HOW MHR Chartered Accountants can help setup your company in UAE?
MHR Chartered Accountants is a trusted partner that can provide comprehensive assistance in setting up your company in the United Arab Emirates (UAE). Here’s how our expertise can support you throughout the company setup process:
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Understanding Your Requirements: We begin by understanding your specific business requirements, goals, and industry dynamics. This helps us tailor our services to meet your unique needs and ensure a successful company setup.
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Entity Selection and Structuring: Choosing the right legal structure for your company is crucial. We provide expert guidance on selecting the appropriate entity type, such as mainland company, free zone company, or offshore company, based on factors like ownership requirements, location preferences, and business activities.
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Free Zone Expertise: If you opt for a free zone company, we have in-depth knowledge of various free zones across the UAE. We can assist you in identifying the most suitable free zone for your business, considering factors like industry focus, license types, benefits, and specific regulations.
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Licensing and Approvals: Navigating the licensing and approval processes can be complex. Our team has a thorough understanding of the regulatory landscape and can assist you in obtaining the necessary licenses, permits, and approvals from relevant authorities, ensuring compliance with all legal requirements.
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Document Preparation and Submission: We handle the preparation, review, and submission of all required documentation, including application forms, shareholder agreements, memorandums, and articles of association. Our attention to detail ensures accuracy and enhances the efficiency of the setup process.
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Corporate Bank Account Opening: We can guide you through the process of opening a corporate bank account in the UAE. We liaise with reputable banks and assist you in preparing the required documentation and fulfilling the bank’s requirements for account opening.
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VAT Registration: If your business is liable for Value Added Tax (VAT), we can manage the VAT registration process on your behalf. We ensure compliance with VAT laws and assist in setting up the necessary systems and processes to meet your VAT obligations.
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Compliance and Governance: We provide ongoing support to ensure compliance with local regulations, including corporate governance, accounting standards, and tax obligations. Our team keeps abreast of regulatory changes and advises you on any updates that may impact your business operations.
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Advisory Services: As experienced chartered accountants, we offer valuable advisory services to help you make informed business decisions. This includes financial planning, budgeting, cash flow management, and strategic guidance to support your growth objectives.We also offer offshore company formation services in Dubai.
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Ongoing Support: Our services extend beyond the initial company setup. We provide ongoing support, such as accounting, bookkeeping, payroll management, tax compliance, and financial reporting, to ensure the smooth running of your business operations.Reach out to us for new company setup in Dubai.
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