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Purchase of a Company in the UAE

Buying a ready-made company in the UAE is an excellent way to minimize bureaucratic procedures and quickly start commercial activities. To do this, contact the specialists of the international company Incluence in any convenient way. Our professionals will answer all your questions, study your goals and needs, and then recommend the option that best suits you. 

This makes it easy to buy a company in the Emirates, with which you can engage in various business processes without wasting time on certain organizational and legal issues. We also provide ongoing support and assistance for the operation of your company.

Steps

01

Selecting a Company in the UAE

You need to find a company for purchase and discuss the terms of the deal. This can be done independently or with our assistance. We have clients and partners seeking buyers for their companies.

02

Company Audit

Before purchasing, the company should be checked for debts to government authorities, including tax authorities, as well as accounts receivable and payable.

03

Document Preparation

It is necessary to prepare the buyer’s personal documents, powers of attorney, and re-registration forms.

04

Submission of Re-registration Documents

The collected document package is submitted to the Registry. After that, the registrar processes the documents and updates the company data in the Registry database.

05

Receiving Confirmation of Company Re-registration

Once the company’s details are updated in the Registry, its registration data can be viewed and, if necessary, statutory documents can be ordered in paper form, with or without certification. Our specialists will help with all necessary certifications (notarization, apostille) and, if required, translations into other languages.

Which Company to Buy in the UAE

When planning business expansion and exploring available options, many entrepreneurs choose the United Arab Emirates (UAE). This is due to several factors, including the country’s location at the crossroads of trade routes in the Middle East. This encourages active trade, with many businesspeople being citizens of other countries whose goal is to operate in Asia and collaborate with partners in the Gulf states.

Why Buy a Company in the Emirates: Benefits for Entrepreneurs

If you decide to buy a company in the UAE, such a transaction will provide you with a number of advantages. Among them:

  • English is spoken almost everywhere in the Emirates, which greatly simplifies cooperation with business partners.
  • The UAE has no currency control, so you can use both the local dirham and foreign currencies such as the euro or US dollar.
  • The vast majority of companies operating in the UAE are exempt from corporate income tax. Exceptions include businesses in certain sectors, such as oil & gas or banking.
  • If you plan to import goods into the UAE market, the company is only subject to a customs duty of 5% of the value declared.

What Type of Company Can Be Purchased in the Emirates: Legal Forms

Today you can buy a company in the UAE in two formats:

  • a “clean” firm, which has not conducted any transactions and has no obligations to the state or third parties;
  • a company actively trading, signing contracts with partners, and generating revenue.

Most entrepreneurs looking to purchase a ready-made business choose one of the following legal forms:

  • LLC — resident for tax purposes. Once registered in one of the Emirates, an LLC can operate throughout the UAE.
  • FZE — created by residents and only within a specific free economic zone where it is allowed to operate. Business in the rest of the UAE is prohibited. Such firms are exempt from taxation.
  • IBC — registered in the UAE but can only trade outside the country. This is a popular option among foreign entrepreneurs wishing to buy a company in the Emirates.

What You Need to Know Before Buying a Company in the UAE

If you plan to conduct business in the Emirates, note that almost every type of commercial activity requires a license. These may include trade, industrial, aviation, and other types of licenses.

When buying a company in the Emirates, keep in mind that LLCs and FZEs must maintain accounting records, prepare financial statements, and file them with the Registrar. IBCs are exempt from reporting requirements.

If you decide to buy a company in the Emirates, contact Incluence. Our specialists carefully check ready-made companies and have all the necessary information about the entity you are interested in, including:

  • details about shareholders;
  • absence of outstanding debts;
  • availability of necessary licenses to conduct commercial activities.

This ensures that when you buy a company in the UAE, you can be confident in its legal purity. Incluence professionals specialize in selecting verified solutions, allowing you to focus on efficiently running your business.

If you want to buy a company in the UAE, we will select several options that best suit your needs. Once all details are agreed upon and a contract is signed, we will prepare the necessary documents and handle the remaining bureaucratic procedures required to complete the purchase. For a detailed consultation, contact our company directly.

Free initial consultation on legal issues, related to the daily activities of the business

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Frequently Asked Questions:

To re-register a company in the UAE, the seller and buyer must either issue a power of attorney or visit the UAE, prepare a copy of the passport, and complete the forms for re-registration. The finalized documents must then be submitted to the Registry.

To buy a company in the UAE, you need to provide copies of participants’ passports and proof of address. You must also submit completed registration forms, including information about the source of funds used to establish the company. Beneficiaries may also be asked to provide confirmation of the origin of funds during re-registration.

When purchasing a company in the UAE, only the registration fee needs to be paid. Tax obligations arise only after the company begins operations or if the previous owner has unpaid taxes from past activities.

A company in the UAE can be purchased remotely by power of attorney or in person during a visit to the UAE.

Contact
info

+85281926676

info@incluence.net

Rm 7B, One Capital Place, 18 Luard Road, Wan Chai, Hong Kong

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