In the UAE, the company name registration process requires that names adhere to certain naming conventions. Aside from certain words and phrases that need to be avoided, there are several other key considerations to keep in mind. This is not to say it is a complicated process. In fact, most of the time selecting and registering your UAE company name is a very quick and smooth process. The RCPSecure Global LLC’s Team in Dubai can reserve your new company name within minutes.
One of the tasks on the checklist after having set up your new business in the UAE is to open your business bank account. This task is no more complex here in the UAE since our Team in Dubai works directly with the Finance Ministry in UAE and we are able to open your business bank accounts very smoothly.
Our Team will guide you step wise for a much more seamless approach.
One of the most commonly questions asked by entrepreneurs looking to set up a company in the UAE for the first time is whether they are legally required to have a local partner or a nominee Directorship. While the short answer to that question is no, there is more to the story.
Across most of the Emirates, business activities that fall under commercial or industrial licences do in fact require that you have a local director who holds the majority interest and therefore retains the controlling stake in your business. But the UAE has also given entrepreneurs a way to own their businesses outright for those requiring only a professional services licence.
RCPSecure Global LLC appoints the most talented people to represent your company in the UAE. Rest assured that even if you are a non-resident, you will still control your business and your financials in the UAE, our Team of professionals does everything for you while you just concentrate on your global tradings.
Finding the ideal office space in the UAE for your company can seem challenging. We work with a range of physical offices in the UAE for your Virtual offices needs. Getting a virtual office for your business is something which is pretty normal for us. As we have worked with Offices and commercial placements for years.
To date, we have successfully setup over 6000 Office Mailing addresses in the UAE. Ranging from USA to African Business owners, businesses around the world recognises how powerful it is to have a business presence in the UAE.
Advisory and Consulting Services | Investments and Joint Investments Company | Intellectual property | International Trading
Fee for a Business Bank Account Opening:
(RAK Bank, Barclays PLC):
Price:Â US$ 750 (one-off fee)
Fee for a Direct merchant account acquisition:
(Barclays PLC):
Price:Â US$ 650 (one-off fee)
General Information | |
---|---|
Type of Business Entity | IBC |
Corporate Income Tax | Nil |
British Based Legal System | No |
Double Tax Treaty Access | No |
Incorporation Time Frame (Approx., days) | 2 days |
Corporate Requirements | |
---|---|
Minimum Number of Shareholders | 1 |
Minimum Number of Directors | 1 |
Corporate Directors Permitted | Yes |
Standard Authorized Capital/Shares | 50,000 AED |
Local Requirements | |
---|---|
Registered Office/ Registered Agent | Yes |
Company Secretary | Yes |
Local Meetings | Anywhere |
Local Directors / Shareholders | No |
Publicly Accessible Records | No |
Annual Requirements | |
---|---|
Annual Return | No |
Audited Accounts | No |
Incorporation Fees | |
---|---|
Our Service Fee | US$ 2,300 |
Annual Renewal Fees | |
---|---|
Our Service Fee | US$ 2000 |
Services | Status |
---|---|
Certificate of Incorporation | ✓ |
Memorandum & Articles of Association | ✓ |
Share Certificates | ✓ |
Register of Directors | ✓ |
Shares Register | ✓ |
Appointment of Director and Secretary | ✓ |
Documents will be sent by courier at no extra cost | ✓ |
Company Name Check and Reservation | ✓ |
Documentation Preparation and Legal Liaison | ✓ |
Administration and Registered Agent – 1 year | ✓ |
Local Business Registered Address– 1 year | ✓ |
Certificate of Incorporation | Status |
---|---|
Submission of application to the Government | ✓ |
Payment for Government Fee required | ✓ |
Services | Status |
---|---|
Certificate of Incorporation | ✓ |
Memorandum & Articles of Association | ✓ |
Share Certificates | ✓ |
Register of Directors | ✓ |
Shares Register | ✓ |
Appointment of Director and Secretary | ✓ |
Documents will be sent by courier at no extra cost | ✓ |
Company Name Check and Reservation | ✓ |
Documentation Preparation and Legal Liaison | ✓ |
Administration and Registered Agent – 1 year | ✓ |
Certificate of Incorporation | Status |
---|---|
Submission of application to the Government | ✓ |
Payment for Government Fee required | ✓ |