Setting up a business can bAe technical and tedious task as it requires a lot of documentation, know-how of the intricacies of law and lot of clearance. You can reply on our expertise and experience to take care of all these works for you, so that you can focus on other important things.
Mainland Company Formation
From a business perspective, more information must be analyzed as part of the tax accounting process. While the company earnings or incoming funds, must be tracked just as they are for the individuals, there is an additional level of complexity regarding any outgoing funds directed towards certain business obligations. This can include funds directed towards specific business expenses as well as funds directed towards shareholders. It is recommended that a business use tax accountant to perform these duties., due to complexity of the records involved.
Free zone Company Formation
There are more than 40 free zones in the UAE, most of the entrepreneurs, who want tax optimization opt for a free zone formation as the free zone authorities bring out various benefits and incentives to the businesses setup in the zone. A free zone company has no restrictions in terms of ownership as an expat can hold complete 100%
Offshore Company Formation
Offshore company is the one established in another jurisdiction while its parent corporation in another country. It does not carry out any substantial business activities in its country of formation and is framed in a law of no tax jurisdiction for the purposes of legally reducing any kind of tax payment and enhancing ones wealth management.
Going offshore is the most modern popular way of managing the business as they offer excellent and
tax-efficient strategies for entrepreneurs. Important prima facia benefits are freedom of operations,
confidentiality, and ease of running the business. UAE is one of the well-known jurisdictions in the
world for incorporating an offshore company.
Liquidation/De-Registration
Liquidation is the process of ceasing of operations of a company. No matter of what type of business you own in the UAE, you must cancel your business license and all related permits associated with it when you have made your decision to close it down.
Liquidation Process
It is the process of selling all the assets of the company, paying creditors, distributing any remaining assets to shareholders, and then dissolving the company, Liquidation can be a complicated and long process of involving a large number of different authorities and third-parties. HMA is a legal liquidator for mainland, free zones& offshore companies in UAE
Liquidator Report
If the company enters into liquidation, a liquidator is appointed to investigate the company’s financial
affairs and identity and sell unsecured assets for the benefit of creditors and shareholders. Liquidator
is registered with Registrar of Companies for conducting liquidations of regulated and non-regulated
entities and submits his report to the respective authority.
Free Consultation! Send Us Your Query Now
Location
Office 1106, Burlington Tower, Business Bay
Our hours
09:00 AM – 06:00 PM
Monday – Saturday
Contact us
Phone: (+971) 4 583 7001
Email: dubai.office@hmaa.ae
Copyright © 2024 H M A
All Rights Reserved.
All Rights Reserved.