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Paralegal services

Company Formation

Mainland, free zone and offshore companies set up by lawyers, correctly, the first time.

We form companies in the UAE mainland, the free zones and offshore registries such as RAK ICC, and we do it with lawyers rather than a sales desk. The right structure, the right licence and documents that will stand up later.

Overview

Many websites offer to set up a company in minutes. More often than not, clients who are investing real money want comprehensive, tailor-made company formation carried out by professionals they can rely on. The choice between a mainland licence from the Department of Economy and Tourism, one of the free zones, or an offshore holding company at RAK ICC or JAFZA Offshore affects where you can trade, what you pay in corporate tax, who can own the company and how easily you can open a bank account. The memorandum of association and the shareholder agreement decide how the owners will live together for years.

Khalifa Al Sada Advocates & Legal Consultants forms companies through its paralegal team under the supervision of its corporate lawyers. Proceeding with lawyers gives clients the certainty that the correct procedures are followed and that the company's legal position is safeguarded in the long run.

Who we help

We form companies for:

  • Foreign investors and entrepreneurs entering the UAE market
  • Existing businesses opening a branch, subsidiary or representative office
  • Professionals setting up a consultancy or a licensed practice
  • Families and investors establishing holding companies for property and shares
  • Groups restructuring into a holding and operating company structure
  • Start-ups that need a clean cap table and shareholder agreement from day one

Whether it is a single-owner LLC or a multi-shareholder group, the same lawyers review the documents before they are signed.

What we do

We advise on the legal form and the jurisdiction, comparing mainland, free zone and offshore options against your activity, ownership, tax position, visa needs and banking requirements. We reserve the trade name, obtain the initial approval, draft the memorandum and articles of association in Arabic and English, and prepare the shareholder agreement, board resolutions and powers of attorney the company needs. We handle notarisation, the licence issue, the establishment card, the registration with the Ministry of Human Resources and the immigration authority, and the applications for corporate tax, VAT and ultimate beneficial owner records.

For free zone companies we deal with the authority from application to licence and lease, and for offshore companies we act as the registered agent's counterpart. We assist with the bank account opening file, which is often the slowest step, by preparing the corporate documents, the business plan and the source-of-funds explanation the bank will ask for. After formation we handle amendments, renewals and the company secretarial work, or hand over to your own team with a complete corporate file.

Why Khalifa Al Sada

Our corporate lawyers see what goes wrong in companies formed carelessly: a memorandum that cannot be amended without a partner who has left, a shareholder agreement never signed, an activity that does not match the licence. We draft to prevent those problems, and if they arise anyway, our litigation team is in the same office.

We work in Arabic and English from Dubai and Abu Dhabi, and our Russia, India and Turkey desks assist investors who prefer their own language.

What we do

  • Choice of legal form and jurisdiction: mainland, free zone, offshore
  • Trade name, initial approval and licence issue
  • Memorandum and articles of association in Arabic and English
  • Shareholder agreements and board resolutions
  • Free zone company set-up and lease
  • RAK ICC and other offshore holding companies
  • Bank account opening file and compliance documents
  • Corporate tax, VAT and beneficial owner registrations

How we work

  1. 1

    Structure advice

    We compare the options against your activity, ownership and plans and recommend a jurisdiction and legal form.

  2. 2

    Documents

    We draft the memorandum, the shareholder agreement and the resolutions, and collect the personal and corporate documents required.

  3. 3

    Licensing

    We obtain the approvals, notarise the documents and receive the licence and the establishment card.

  4. 4

    After formation

    We register for tax, prepare the bank file and hand over the complete corporate record.

Frequently asked questions

Mainland or free zone: which is better?

It depends on where your customers are, the activity, the ownership and the tax position. A mainland licence lets you trade anywhere in the UAE; a free zone offers simpler set-up and possible tax benefits for qualifying income. We advise on your specific case.

How long does formation take?

A free zone company can be licensed in one to two weeks, a mainland LLC in two to four weeks depending on approvals. Bank account opening can take longer.

Do I need to be in the UAE to form a company?

Much of the process can be done under a power of attorney. Some free zones and banks require a visit for identification.

What is corporate tax for a new company?

The federal corporate tax applies at 9 per cent above the threshold, with a 0 per cent rate for qualifying free zone income and for small businesses under the relief rules. Registration is mandatory for almost all companies.

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