Company registration in the UAE (RAK and RAKIA)
Company AMADLAW offers new products for professionals and beneficiaries of international companies.
Professional Introducers involvement
Those law firms that professionally incorporate, provide services and/or support end users of the companies in the area of tax planning and consulting can be considered as Introducers. Such companies or professional lawyers can obtain the right (on the basis of corporate agreement) to individually prepare registration documents for new companies to be incorporated in UAE as well as to certify the signature of the Shareholder and Director.
Аdvantages of cooperation of Introducers with us:
- The originals of the prepared documents will be then delivered to the office of AMADLAW company which will carry on the registration procedure.
- The Introducer will be informed about all the rules and regulations of preparation of primary documents specific to UAE companies in advance.
- The registration cost for professional Introducers is significantly lower than the usual price and it differs from state price for 15-20%. AMADLAW applies individual attention to each Introducer. Under this proposal, the Introducer gets the right to check any person through the WORLD CHECK database and receive an official statement with a 70% discount from official price.
Please feel free to contact AMADLAW for any further clarifications.
Utilization Program of Companies
The second new offer of AMADLAW gives the possibility to exchange any operating company registered in any of the traditional offshore jurisdictions to UAE company.
In order to make such exchange:
- the final owner,
- shareholder
- beneficiary must make a request.
Important condition - the company must be in Good Standing at the time of exchange and the company name must be approved by the Registration Authority in the UAE.
The main idea of this proposal – the usual annual fee of traditional offshore company is about 1,000 USD that will actually be the price of exchanging the traditional offshore company to company newly registered in the UAE. As a result, the final beneficiary or shareholder will have a legal entity in a magnificent NOT Offshore jurisdiction and the possibility of opening an account in first-class banks in the same jurisdiction.
Thus the place of registration and place of opening an account will be the same.
The main idea of offshore nature of business – the company in one country and an account in another country will be excluded.
Please feel free to contact AMADLAW for any further clarifications.
Laws of UAE
FEDERAL LAW NO.(18) OF 1993 COMMERCIAL TRANSACTIONS LAW
RAKIA Offshore Regulations 2006 – 20-Jan-07
News
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Amadlaw on INTAX EXPO 2012 conference, Ras Al Khaimah (28-29 March)
Company Amadlaw took part in the conference for professionals in the field of international tax and corporate law INTAX EXPO on 28th and 29th March 2012 in Ras Al Heim, UAE. This event was attended by 300 delegates from around the world.
2012-04-13 UAE approves majority foreign ownershipThe United Arab Emirates cabinet has approved a draft companies law that may allow foreign ownership above 49 percent, state news agency Wam reported, as the country seeks to attract more investment to help diversify its economy.
2011-12-07 IBAN to be mandatory for banking transactionsDubai: The UAE Central Bank announced Monday that the International Bank Account (IBAN) numbers will be mandatory for all account holders in the UAE from November 19 to conduct any local or international transactions.
2011-11-21 -
Business – Take steps for economic unity: Mansouri
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2012-05-20 -
Business – Tech Group unit bags $47m worth of Iraq projects
Construction Tech, a part of UAE-based business conglomerate Tech Group, has bagged two major
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