From Choosing a Free Zone to Obtaining a Certificate of Incorporation: REVERA Supported the Full Cycle of Company Registration in the UAE
The client, an IT company, requested assistance with registering a company in the UAE.
After analyzing the client's needs, the REVERA team proposed opening an office in the DMCC free zone. One of the key factors for selecting this zone was its reputation as an attractive destination for investors, making it particularly appealing to businesses in the IT sector.
We have previously written about this free zone in detail here.
What Makes This Free Zone Special?
The DMCC free zone imposes certain controls and requirements, including salary payment monitoring and the obligation to conduct annual audits. Additionally, there is a requirement to establish a minimum authorized capital of at least 50,000 dirhams (approximately 13,700 USD).
Collectively, these requirements enhance the reputation of a company registered in DMCC, signaling its intention to operate as a profit-driven business. Practice shows that UAE banks view DMCC-registered companies favorably and are more willing to open corporate bank accounts for them.
After selecting the appropriate free zone, the REVERA team initiated the company registration process, which was carried out remotely for the client. The process took only 7 days from the submission of the necessary documents to the receipt of the business license, charter, and certificate of incorporation.
If you are considering the UAE as a jurisdiction for your business and have questions, our lawyers can advise you on selecting the most suitable free zone and guide you through the entire registration process.
Contact our lawyer for more details
Write to lawyerAttention Journalists: Use of REVERA website materials in publications is only allowed with our written permission. To coordinate materials, please get in touch with us at: i.antonova@revera.legal, Telegram: https://t.me/PR_revera
