Question 1

Should I choose a free zone or a mainland company?

Accepted Answer

It depends on where your customers are, the activities you need, your visa requirements and how banks view the zone for your sector. We compare the options for your specific business and recommend one, with an alternative.

Question 2

Can I own the company in full as a foreign shareholder?

Accepted Answer

Full foreign ownership is available for most activities, in free zones and on the mainland, subject to the activity and to licensing restrictions. We confirm the position for your specific activity before you commit.

Question 3

Will the company get a bank account?

Accepted Answer

We design the structure to be bankable and prepare the account opening pack, but every bank makes its own decision. We never promise an account.

Question 4

Do I need to register for Corporate Tax?

Accepted Answer

UAE companies, including free zone companies, are generally required to register for Corporate Tax within the Federal Tax Authority deadlines. We coordinate the registration and refer tax positions to a licensed tax adviser.

Question 5

Does Vanguard issue the licence?

Accepted Answer

No. Licences are issued by the relevant free zone authority or economic department. Vanguard prepares and submits the application on your behalf and follows it through.