Option One:
Setting up in UAE proper- Limited Liability Company (LLC) with equity participation by 51% UAE national and 49% foreign investor; however, the Commercial Companies Law has recently been amended offering 100% foreign ownership in many segments.
Option Two:
Setting up in Free Trade Zones : Free Trade Zones offer 100% foreign ownership
Setting up in mainland is the preferred option for local trading and retail activities.
Setting up in Free Trade Zone is preferred for international trading activities.
Establishment (a branch of your overseas business):
• Not a separate legal entity but an extension of the overseas parent company
• No limited liability or ring-fencing of the (country) operations
• Must file Branch office accounts, prepared under UAE Company Law, at Ministry of Economy.
• Must file periodical VAT Returns if applicable
Regardless of your business stage,
Kreston IFA Vietnam stands ready to
support you with comprehensive
solutions, deep expertise, and
maximum accountability.