Contents
Company Formation Services
In United Arab Emirates
Business Set-Up
Company Types
RAK Investment Authority offers investors the choice of setting up either a Free Zone company or a Non Free Zone company, depending on their requirements.
The Free Zone offers the benefits of 100% foreign ownership as well as exemption from customs duties within the Zone. This is best suited for export oriented companies whose primary market is outside the Gulf Cooperation Council (GCC) region or for trading and service entities.
Products manufactured in the Non Free Zone can be exported to all Gulf Cooperation Council countries without any customs duties. The products will be required to meet the criteria of a minimum of 40% value addition to avail this advantage. Non Free Zone is ideal for manufacturing units whose primary market is within the Gulf Cooperation Council and Greater Arab Free Trade Area
Key Features
Ownership
Tax
Sales in local market
Customs Duty
Free Zone Company
100% foreign ownership
100% Tax free
Through an authorized agent or distributor only
No customs duties within the Free Zone. *
5% customs duty to be paid on deposit, for goods in transit between points of entry (seaports, airports, borders) and Free Zones and Free Zones to point of exit (export).
5% customs duty for sales to local market (import) and Gulf Cooperation Council (GCC) (first point of entry-import).
Local customs duties applicable for imports into other countries.
Non Free Zone Company
Up to 49% foreign ownership
100% Tax free
Direct
No customs duty applicable for sales of locally manufactured goods in Gulf Cooperation Council (GCC) and Greater Arab Free Trade Area (GAFTA) countries.
Local customs duties applicable for imports in to other countries.
As per the contract between partners.
UAE labour laws.
Why TBA
What separates us from our competitors is that our services don’t end with the registration of your company. We offer a wide range of additional services others can’t or just won’t offer, such as lifetime free support.
Whilst most providers either specialise on personalized consultation at relatively high rates or run bulk registration factories without any support, we want to offer the positive aspects of both types.
Therefore TBA combines professional advice, worldwide registration services, reasonable fees, customized order processing, lifetime support and fast processing. Where others see company formation services as a bulk registration with no support and no individual assistance, we do care about your business needs.
Licensing Services
Our Company Services
Services we DO and Services we DO NOT DO
Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly registered and licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency business activities.
TBA & Associates Tax Business Advisors Limited does not carry out any sort of Cryptocurrency Business Trade
Should you have any question or matter
You would like to discuss or clarify with us
Or
Should you like to receive further Information
About our services and fees, …
Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company.
You may call or email us, and we will be happy to assist you in a fast and efficient manner.
You can also come and visit us at our Limassol offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.