There are several options for setting up a business in the UAE, depending on your business goals and requirements. The most popular options are:

• Free Zone Company: This type of company is set up in a designated free zone, which offers 100% ownership to foreign investors, tax exemptions, and other incentives such as easy company registration and setup procedures, 100% repatriation of capital and profits, and no currency restrictions.

• Mainland Company: A mainland company is set up in any part of the UAE, outside a free zone. It requires a local partner or a local service agent, who will hold 51% of the shares. The remaining 49% can be owned by foreign investors. For some traiding you dont actually need a local sponsor and can own the business 100%.  The benefits of a mainland company include access to the local market and the ability to bid for government contracts.

• Offshore Company: An offshore company is set up in a jurisdiction outside the UAE but is allowed to operate within the UAE. It offers tax exemptions, asset protection, and privacy. It is an ideal option for investors who want to protect their assets and maintain confidentiality.

​​

The UAE offers several tax benefits to business owners, making it an attractive destination for investors. These benefits include:

• No Corporate Tax: The UAE does not levy any corporate tax on businesses, which means that companies can retain their profits and reinvest them in their business.

• No Income Tax: The UAE also does not levy any income tax on individuals, which means that employees can take home their entire salary.

• No Value Added Tax (VAT) for Some Businesses: The UAE has introduced VAT, but certain sectors such as healthcare, education, and social services are exempt from this tax.

• Double Taxation Agreements: The UAE has signed double taxation agreements with several countries, which means that investors will not be taxed twice on the same income in their home country and the UAE.

Setting up a business in the UAE can be a profitable venture, with its strategic location, world-class infrastructure, and business-friendly environment. Depending on your business goals and requirements, you can choose from several business setup options, such as free zone, mainland, and offshore companies. Additionally, the UAE offers several tax benefits, including no corporate or income tax, VAT exemptions for some sectors, and double taxation agreements with several countries. With these benefits, the UAE is an ideal destination for investors looking to start a business in the region.

In summary, the UAE is an ideal destination for entrepreneurs looking to set up a business. It offers a range of business setup options, tax benefits, and other incentives that make it an attractive destination for investors. If you're considering starting a business in the UAE, it's essential to understand the different types of setups available and the tax benefits they offer. With the right setup and planning, you can set up a successful business in the UAE and enjoy the many benefits it offers.