UK LTD + branch in UAE freezone?

[Jerry1911]

Hi,

I see some people are talking about setting up a UK limited company as treaty non-resident with a branch in a UAE freezone.

Does anyone have any info about this or experience they can share?

e.g. what would be the costs, required documents, etc., and which freezone to pick for a simple holding company that would invest in other (non-UAE) businesses?

Thanks

 

[troubled soul]

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@Gediminas

 

[bizman]

I would also have mentioned that one of the above should join the thread they know exactly how to set this up.

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[Jerry1911]

Since I have someone in Abu Dhabi who could handle stuff for me there I searched for Abu Dhabi free zones.

I picked ADGM and found this -> https://www.adgm.com/documents/regi...st-registartion-branch-of-foreign-company.pdf

Seems fairly straight forward. Business plan, office lease in ADGM, some other stuff and a total fee of $10k USD.

I'd be curious to know if this is really the correct setup fee and what would be the ongoing yearly costs. On paper this seems like a better option than BVI with substance ($10k/year) as one could get access to UAE DTTs this way.

 

[troubled soul]

Jerry1911 said:
Since I have someone in Abu Dhabi who could handle stuff for me there I searched for Abu Dhabi free zones.

I picked ADGM and found this -> https://www.adgm.com/documents/regi...st-registartion-branch-of-foreign-company.pdf

Seems fairly straight forward. Business plan, office lease in ADGM, some other stuff and a total fee of $10k USD.
Click to expand...

Company regitration is simple. Just contact Any freezone and provide all document....In some time your company will register but Real issue is getting bank account...

 

[Jerry1911]

azb1 said:
Company regitration is simple. Just contact Any freezone and provide all document....In some time your company will register but Real issue is getting bank account...
Click to expand...

I'd appoint a UK nominee director for the UK limited company and my friend from Abu Dhabi (who has a UAE visa & ID card) as the representative of the branch.

I'm an EU citizen & resident so no problems there either as a shareholder. At least not on paper.