| TYPE OF COMPANY | DMCC (companies limited by shares) | |
| Registered office in UAE | Flexible office solutions | |
| Registered Agent | Not required | |
| Company Registration Period | 3-6 weeks | |
| Shelf companies | No | |
| TAXES | ||
| Taxation | 0% corporate and personal income tax rate guaranteed for 50 years | |
| Double Taxation Treaty Access | No | |
| Automatic Information Exchange Agreement | No | |
| SHARES and SHARE CAPITAL | ||
| Currency | Dirham , AED | |
| Minimum Paid-Up Capital | 10,000.00 AED (around $2,740) per shareholder. In case shareholder applies for a residency visa, his/her shares should be at least AED 50,000 ($13,700). | |
| The maximum authorized capital | No restrictions | |
| Standard authorized capital | 50,000.00 AED (around $ 13,700) | |
| Bearer shares | No | |
| SHAREHOLDERS and BENEFICIARIES | ||
| Shareholders | Natural or legal persons (no resindency requirement) | |
| The minimum number of shareholders | One | |
| Provision of Fiduciary Services | Not allowed | |
| Publicly available data on shareholders | No | |
| A requirement for the meetings of the Board of Directors | Yes | |
| Place of holding of Meetings of Shareholders | Worldwide | |
| DIRECTORS | ||
| Directors | Natural persons of any nationality | |
| Minimum number of directors | One | |
| Provision of Fiduciary Services | Not allowed | |
| Publication of information about the directors in the State Register | No | |
| Meetings in UAE | Not required | |
| SECRETARY | ||
| Secretary | Yes, a director can be a secretary as well | |
| Publication of information about secretary in the State Register | Yes | |
| Provision of Fiduciary Services | Not allowed | |
| KEEPING OF RECORDS | ||
| Record keeping | Yes | |
| Audit | Yes | |
| Filing reports | No | |
| Currency control | No | |
| ACTIVITIES | ||
| Business in UAE | Yes. However, the general rule requires that a free zone company should operate within its free zone only | |
| Buying a property in UAE | Possible (but depends on developer) | |
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