Forming a company can be a bit complicated due to all the different options, so an important first step is determining the most appropriate type of company and whether to be in a tax-free or low tax onshore or offshore jurisdiction.
To determine the appropriate company structure, we need to have an understanding of the company's business and products or services, what it intends to do in the particular jurisdiction, what its objectives and concerns are with respect to its presence, whether it wants or can afford an office, whether it intends to have staff, its home country tax exposure, and other such issues.
We will assist you with the incorporation process by informing you which documents we require from you for the incorporation process and we will provide you the forms and corporate documents you need and we will guide you through the process step by step. We will inform you after each step where we are in the process and what action is required from you, if any.
We maintain your corporate minute books and can assist you with any corporate changes to the company.
Most jurisdictions where you incorporate your company allow you to open bank accounts as well. In jurisdictions where this is difficult, we can offer you alternatives. For instance, opening a bank account in the British Virgin Islands is a lengthy process. Alternatively, you can open a bank account in Dubai. Opening bank accounts can be bureaucratic and very documentary. We therefore offer you to assist you in this process. However, most jurisdictions require you to visit the bank in person, so you might as well choose a nice holiday destination to open your bank account, to make your trip a pleasant one.
If you have incorporated a company in the UAE, you can obtain a visa as well for you and your dependents. This might also be very interesting for tax reasons, depending on your nationality.Further, if you own real estate in the UAE it is advisable to obtain a UAE visa as well. There are a number of options to do so. We can guide you in choosing the right options and we can assist you with the visa process.
Online businesses play a very important role in today's market. A lot of companies are offering their products and services online. To be able to compete in this online market, it is important to offer your customers secure payment facilities. We offer assistance in the opening of merchant accounts, which will allow your customers to pay online in a secure, fraud-free environment.In order to open a merchant account, it is required toestablish a company in the same location. An advantage of online businesses is the flexibility to choose your location to be a tax-free or low-tax environment. We will be at your service to help you choose the right location, business structure and we will assist you with the set up of your company and your merchant account.
Real estate in the UAE
As a corporate division of Van Dort Real Estate, we are able to offer our real estate clients advice on company structures for their properties. In either the United Arab Emirates proper or the free zones, the legal system cannot effectively deal with foreign wills, which is why we often moveproperty ownershipoffshore, but you cannot simply form a holding company in the UAE for an offshore investment. We have developed a company structure that will deal with these issues. We will be happy to assist you with the company setup and transfer of your real estate to that company structure.
Offshore companies have a bit of a reputation, which is totally unfounded. As a large part of our practice, we incorporate offshore companies as part of a business structure with companies in countries with a less sophisticated legal system. The fact that these companies are located in tax-free or low tax countries makes them interesting to use in structures with companies in countries with tax free zones as well.
There are a large number of low tax or tax-free offshore jurisdictions in which a company can be formed, and each has its own rules and requirements for formation and regulation of such companies. We will provide you with advice for a representative offshore jurisdiction based on the company's business and products or services, what its objectives and concerns are with respect to its home country tax exposure, and other such issues. We will further assist you with the incorporation of the company of your choice. We maintain your corporate minute books and can assist you with any corporate changes to the company.