We have expertise to assist all joint venture operations setup in UAE. We initiate dialogue and contacts with potential partners, set strategic direction, co-ordinate your business plan, and also handle paperwork and documentation formalities.
Details at a glance
- Minimum Local equity participation of 51%.
- Profit and loss distribution can be mutually agreed.
- So you can hold 49% equity and eligible for a higher share of profits.
While associating with HLB Hamt, you get the combination of our deep local expertise and extensive experience, which gives us the ability to precisely understand the unique needs of your business. We are thus able to recommend the best possible options and ensure that your business is up and running with minimal hassles and effort.
Key tips for Joint Venture incorporation
- No personal income and capital taxes.
- No corporate taxation.
- 100% repatriation of capital and profits.
- No currency restrictions.
- Competitive import duties (5% with many exemptions).
- Abundant and economic energy supply.
- Simple staff recruitment procedures.
- Competitive freight charges.
We undertake the entire task on your behalf, so you’re free to concentrate on the bigger picture – your business.