Domiciles & Business Setup in Dubai / UAE
Starting up a company can be a hassle - especially in the Middle East. If you are planning the foundation of an own company, subsidiary or branch in Dubai on a realistic base, you are reaching very soon the first Market Entry Barrier - money! Minimal calculations - confirmed by Chambers of Commerce and companies which already settled down in Dubai - are very clear:
You should not try to start independent with less than approx. 300,000 US$.
But local representation & distribution, usual in the Middle East, is also not recommendable. Too often these are "ghosts" you are calling - but do not get rid of them at (later) proper time.
► Setup your own Business?
► Having a Domicile as Accounting & Invoicing Hub?
► Establishing a Joint Venture to "incubate" your Middle East Business?
KLP deployed for purpose of enterprise/business development in UAE a modular service & representation package, which suits to all three questions.
It is tailor made for small & medium enterprises from different fields of business.
Various domiciles & joint ventures have been established per end of 2007 with partners & clients from Australia, Austria, Brazil, China, Germany, India, Ireland, Romania, South Africa, Switzerland, United Kingdom and United States.
► Domiciliation - Accounting/Invoicing Hub
This is the basic form of a domiciliation or representation in Dubai, utilizing the tax free status of the country for profits and in addition several Double Taxation Avoiding Agreements. Tax free means here in UAE: Income tax free as well as V.A.T. free - an advantage especially for service and virtual (www) providers.
In a Joint Venture with our holding company, acting under your own brand is possible without the need for an own - expense intensive - licensing procedure. Your domicile entity has got its own address, its own bank account (with internet banking), is accessible via telephone and telefax and can require additional services on demand.
Risk & cost are significantly minimized but the market exposure of your brand is nearly similar to an own entity. As if you would have already etsablished a sole entity with high cost.
You need to know more? Proceed a contact request to receive our Info Flyer Domiciliation or send us a short E-Mail.
► Joint Venture - Lease Your Entity
This is an enhanced joint venture, which works as a kind of incubation model. In addition to the pure legal framework of the domiciliation, business development services are being added. By this your target market can be evaluated at a low cost and first customer accounts can be gained.
Risk & cost are significantly minimized but the market exposure of your brand is nearly similar to an own entity. As if you would have already etsablished a sole entity with high cost.
This has nothing to do with company pools or serviced office proposals. It is furthermore a team based representation on a (limited) time base. With all enterprise functions like sales, contracting, project management, administration etc. Executed by a business accelerator under your own name or brand.
The up following establishment of own company structures is not blocked. The entire pre-launch process is already focused on that.
You need to know more? Proceed a contact request to receive our Info Flyer Joint Venture or send us a short E-Mail.
► Setup of your own Business
Our professional KLP Emirates Team under German management is your partner to setup companies / entities in the United Arab Emirates. Fast & professional service, premium access to all neccessaries like local sponsors, commercial properties, bank guarantees etc. - and a helpful team with a wide range of services:
Establishing & licensing of LLCs, Est. and Professional Licenses, in some cases already registered companies available:
- Sponsor Pool for suitable selection
- Free Zone Establishment
- Domiciliations, Cooperations and Joint Ventures
- Business Development & Marketing
- SME Finance
- All Emirates
KLP supports its clients in all questions regarding localization and foundation of companies and branches in the UAE market:
- Company Formation (all legal forms according to UAE Companies Law)
- Advise regarding the right choice of Settlement
(On-Shore, Off-Shore, Free Zone) - (Local) Sponsor Selection & Engagement
- All required contracts, backed by our partner law firm
- Licensing Procedure with the Economic Department of Municipality
- Document Clearing up to License handout & general
PRO Services (Visa, approvals, labor cards etc.)
We have a unique and special focus on full & legal fixation of all individual agreements with "local sponsors". These are usually agreed with "side letters" or additional contracts. Problem here: These agreements are in case of disputes among the shareholders normally not accepted by the UAE courts. Many investors made already the bad experience that their "local" still claims and gets 51% of the profits at the end of the day, although there are totally different agreements . . .
In the contract models deployed by KLP, all regulations regarding different profit distribution, delegation of voting rights, limitation of sole acting etc. are being notarized! Means beneath all others that they are resistent in court disputes! "Side letter" are for our models an alien!
With own offices in Dubai and Sharjah, KLP Group offers One-Stop-Shop Assistance, customized to the individual requirements of its clientele.
Average proceeding time for a complete licensing process is just 5-6 working days!
Since Middle of August we are operating a moderated forum group with the topic "Offshore Destination UAE - ZERO TAX - 100% foreign ownership - free funds transfer PLUS huge markets" on the matchmaking platform XING.
HERE you can go directly to this moderated forum group. You just need to register (free of charge) on XING, or you already use XING with your own profile.
You need to know more? Proceed a contact request to receive further information or send us a short E-Mail.
Picture: Sheikh Zayed Road with Autumn Fog in 2006
We are in charge to lift the fog for you!