Forum United Arab Emirates

[ACINT]

I need some advice on where to find the information I need in order to create a trading company in the UAE area.
I am french and have a kuweiti partner, I have a market, I have the supply, I have the funds; this will help to begin with. Important: in the beginning we don't need a physical implementation if it is not required
There are different places in the UAE where the company could be located.
- What is the most appropriate place to begin in terms of fiscality?
- Are there any special rules/clauses that I should expect when creating a company in the UAE?
I don't want to ask too many vague questions here for now. If anybody could give me tips or links.
Many thanks!!

[Michoux]

Hello

I can help you if I get more information.
First of all what is your business all about? Second thing, there are two possiblilities in Dubai, whether open a completely foreigned owned company in the FREE ZONE, or have a local partner in Dubai and the company will be shared as follows 51% to local partner and 49 % for you.

If you have a kuwaiti partner, he must know all the rules here non??

Michoux

[ACINT]

Hello Michoux:

Business is general trading. I am aware of the 51/49 rule and also of the free zone advantages. What I would need to have is:
- more technical tips about the fiscality.
-where is the best place to set that company? dubai? kuwait city? abu dhabi? doha? elsewhere?
- are there any specific rule in administrating the company?
- are there any agreements between france and UAE?
- Is it feasible to have a company in the UAE and a branch in europe? Why?
etc...
etc...