Aora
BUSINESS DOING IN THE UAE
Our services
Company Formation

We can register your companies with the UAE the Free Zones as we are registered with all Dubai and Northern Emirates Free Zones. We can also assist with your set-up in the mainland UAE. We work with

professional local sponsors with a proven track-record that has the best interest of your business at heart.

Accounting & Reporting

Bookkeeping and accounting are integral components of any business. Bookkeeping services will ensure that reliable and accurate books are kept for your company, enabling you to make informed decisions promptly in order to minimize risks and maximize profits. An effective accounting system can have a significant impact on a company’s productivity as well as its profitability.

Banking

In order to conduct business companies require a bank account,

but opening accounts is becoming increasingly difficult due to increasing compliance requirements. The onboarding process can be complicated and many banks will only open accounts for companies that have been introduced by a recognized and licensed service provider that is on their ‘approved list’. There are a large number of local, international and private banks in the UAE.

Compliance Services

The risks on non-compliance with local regulations can result in considerable harm to the administrative functions of a business as well as a huge impact on the company’s reputation. We can assist companies to become and remain compliant with local requirements. Our experienced team of professionals can provide you with the most adequate assistance to meet the local requirements for both regulated and non-regulated companies.

More Services
Company Secretarial Services

Our team are skilled on a wider spectrum of corporate secretarial services to help meet your firm’s corporate governance. We serve large and small businesses to ensure their compliance is well in-place for their growth and decision making. We provide incorporation and directorship services and for multinationals we can act as an agent helping you with your company management. In addition, we offer a broad range of value-added corporate support which includes assistance with taking minutes of board meetings, scheduling of meetings, setting of agendas and the circulation of documents for a meeting, the arrangement and implementation of share transfers and changes in shareholding, dividend distributions and capital contributions.

Directorship Services

Our expertise can further assist with your directorship requirements as we will take care of the day-to-day

management and ensure that your company is compliant with the local rules and regulations. We also provides directors for many of the companies that we incorporate in order to ensure that their affairs can

be properly managed and controlled from their place of incorporation. This service is often combined with other company management and/or domiciliation services. Before appointment we need to have a thorough and

comprehensive understanding of the company and its business so we can properly exercise independent

judgment.

Legal support

We have extensive experience providing legal support and closely follows any changes to the law, and maintains reliable contacts in the government. Our services include

the assistance in preparing and reviewing legal documentation. We also advise families in relation to guardianship and Wills services in the UAE.

Visa Services

All employees and their dependents must have a residency visa in order to legally reside in the UAE. This visa will be issued by the government body through which your company is registered. The process of applying for visas can be time consuming particularly if you or your employees are not yet in the country.

INTRODUCTION TO THE
UNITED ARAB EMIRATES
The United Arab Emirates also known as the “UAE” or “the Emirates” is well established as the prime destination for multinationals to set up their regional base and serve the high growth markets in the Middle East, Africa, Europe and (South) Asia. It is also the perfect location for new initiatives across multiple and diverse sectors with Government initiatives and a well-developed financial market. There are no income or capital taxes in the UAE, except for oil and domestic banking, and no withholding taxes. Companies in the UAE obtain further significant advantages from the absence of foreign exchange controls, trade barriers or quotas. VAT was introduced in 2018 at a rate of 5% but is
ultimately payable by the end user (consumer).

The United Arab Emirates is the second largest economy in the Persian Gulf after Saudi Arabia. Over a short span of time the UAE has transformed into a center for global trading and commerce by providing distribution, consumption and business services across the world. The two largest Emirates are Abu Dhabi, the capital, head office of the Administration and center of gas and petroleum industry, and Dubai, a city with fast growth, specialized in services, construction and tourism sector.

While the official Language of the UAE is Arabic, English is widely spoken through the Emirates due to the fact that more than 200 nationalities work and live in the UAE and significantly outnumber the local Emirati population.

Over the years, the UAE has launched many initiatives to internationally compete to be among the highest ranked countries in the world and has launched many national agendas and strategic planning in areas which include education, healthcare, science and technology to achieve its futuristic ambitions.
The UAE Advantages
With its world-class infrastructure, strategic location and business-friendly environment, the UAE is a natural choice for business expansion and new initiatives.

The UAE government is committed to ongoing partnership with the private sector to fortify its position as a leading centre for global businesses and to support effective policies, procedures and legislation to advance the UAE’s competitiveness, regional leadership and future prosperity.

As an international business location, the UAE offers the following key advantages:
  • No corporate income tax, personal income tax and Withholding tax. No restrictions on capital repatriation. We refer to our Tax section for further details.
  • Strategic location in the heart of the Middle East and convenient for Europe, Asia and Africa
  • An eight-hour flight from two-thirds of the world’s population
  • Political stability and pro-business government
  • One of the safest places to live and work in the world
  • World-class infrastructure
  • Clean and modern environment
  • Highly multicultural society
  • Highly-ranked in world “Ease of Business” and “Competitiveness” ratings
Contact us:
+971 123-45-67
[email protected]
1 Sheikh Mohammed bin Rashid Blvd - Downtown Dubai - Dubai




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