QuickStart:
to Market Entry
Whether entering the
market or simplifying
operations, we can give
you a QuickStart.
United Arab Emirates
tmf-group.com
Whether entering the UAE for the first time
or simplifying existing operations, we can
give you a QuickStart.
TMF Group has local experts in the United Arab Emirates; in both Abu Dhabi and
Dubai, providing incorporation, compliance, corporate secretarial, accounting,
payroll and visa services to multinational and locally-based clients.
We can get you set up, provide a single point of contact and take care of those
‘non-core’ elements that keep your business moving, while you focus on what
you do best: selling your products and services.
By taking the burden of the back office and centralising it through a single
provider, we work with you to increase efficiency and help strip out any
unnecessary costs.
QuickStart: to Market Entry UAE has five main elements:
We help you
We help you
understand the
set-up your company
local market
and handle the full
process for you
We help keep you
We handle your
We help you with
stay compliant with
bookkeeping
local employment
local regulations
and accounting
contracts, including
and filings
requirements
visas, and get your
What makes us different?
TMF Group is the global expert
that understands local needs.
KNOWLEDGE: Based in-country,
our independent experts
understand the local market and
all its associated legal, financial
and regulatory compliance
requirements.
FLEXIBILITY: We can offer an
individual and tailored service
that is scalable in line with
business needs and is invoiced
in whatever currency the client
prefers.
CONTROL: Through our
worldwide network of whollyowned offices, we can offer
global reporting and one single
point of contact to businesses
operating across multiple regions.
SPEED: Our local presence
helps businesses to take an
agile approach and enter new
markets more quickly than their
competition.
RANGE: We are the only global
organisation to offer a complete
suite of complementary
business solutions.
staff paid on time
International incorporation and structuring: We manage the legal setup and structuring of new or existing operations, whether it is an onshore
operation, Special Purpose Vehicle, Offshore, Free Zone or a new company, a
subsidiary or a branch.
International entity management: We help you stay compliant, manage
your risk and stay on the right side of regulators and filing requirements.
We provide registered address and Directorship services for Special Purpose
Vehicles, Holding Companies and Trusts through the Abu Dhabi Global Market
(ADGM) Free Zone.
Accounting and bookkeeping: We take care of bookkeeping, management
reporting, consolidation reporting and statutory accounts, reporting to relevant
UAE and international standards, tailor-made as per your requirements.
HR and payroll: We provide services for companies of any size by applying
and implementing local labour law policies in employment contracts and
handbooks, supporting with visa applications and any other necessary
registrations as well as paying your staff in compliance with local laws and
regulations.
TMF Group serves clients
of all sizes and from all
sectors; everyone from a
small start-up to a large
multinational. We work
with more than 40% of
the current S&P 500 and
Fortune 500.
Thinking of doing business in the
United Arab Emirates?
The challenges ...
... and the opportunities
Lack of local knowledge may result in:
Great reasons to invest in the UAE
INCREASED BARRIERS TO ENTRY
EXCESS TIME BEING LOST
PENALTIES FOR LACK OF COMPLIANCE
LOST BUSINESS
Jurisdictional complexity: With 40 different jurisdictions
over seven Emirates across the UAE, it can be a
challenge for international businesses to decide the most
appropriate jurisdiction in which to set up. With many Free
Zones in both Dubai and Abu Dhabi, each with its own
laws and regulations, choosing where best to set up your
business can be a complex journey.
Set-up time: Setting up in the UAE can take time,
particularly when deciding on the right jurisdiction for
your business, and navigating the different regulations
and requirements must be the essential first step in your
UAE strategy. Understanding the local ownership structure
for companies and the trading legislation can also be
difficult.
Strict compliance: Once you are established in the UAE
there are often a range of compliance measures to take
into account, making correct and timely filing, renewal
of company documents and employment regulations.
Failure to do so or incorrect procedure can lead to fines or
company suspension.
Geographical advantage: The UAE is a global hub,
positioned perfectly between Europe and Asia with many
different business options available. With four large
international airports, state-of-the-art ports across the
country in key shipping routes, excellent road networks
and a country-wide train network under construction, the
UAE can provide the right infrastructure for your business
needs.
Structuring possibilities: The UAE market allows Free
Zone companies, branches, Special Purpose Companies,
Holding Companies, Trusts or Offshore entities and
onshore companies or branches, which provide a range
of options to international companies wishing to expand;
and to entrepreneurs looking for a new market in which
to set up. Different Free Zones offer different set-up
options with some reducing administrative burdens and
speeding up incorporation times.
Continuing growth: The business environment is fast
paced and there is a stable economy within the Middle
Eastern region. The development of new Free Zones in
the capital, Abu Dhabi, increasing market competition and
diversification coupled with Dubai’s winning bid for the
Expo in 2020 shows that the UAE is continuing to grow as
a global business hub.
The UAE offers a tax free environment, a good labour
force base and it is a great place to live.
Talk to the local experts
TMF Group is continually developing its offerings in the Middle East and
neighbouring Africa. In the Middle East, we have offices in Abu Dhabi, Dubai
and Doha and we service clients in Saudi Arabia, Bahrain, Jordan, Egypt and
Lebanon. The management team, with over 50 years’ experience in the region
are experts; not only in their fields but in the local culture, business practices
and the way to do business locally.
Get in touch with the TMF Group team to
discuss how to grow your UAE business.
[email protected]
Whilst we have taken reasonable steps to provide accurate and up to date information in this publication, we do not give any
warranties or representations, whether express or implied, in this respect. The information is subject to change without notice.
The information contained in this publication is subject to changes in (tax) laws in different jurisdictions worldwide. None of the
information contained in this publication constitutes an offer or solicitation for business, a recommendation with respect to our
services, a recommendation to engage in any transaction or to engage us as a legal, tax, financial, investment or accounting
advisor. No action should be taken on the basis of this information without first seeking independent professional advice. We shall
not be liable for any loss or damage whatsoever arising as a result of your use of or reliance on the information contained herein.
This is a publication of TMF Group B.V., P.O. Box 23393, 1100 DW Amsterdam, the Netherlands ([email protected]). TMF Group
B.V. is part of TMF Group, consisting of a number of companies worldwide. Any group company is not a registered agent of another
group company. A full list of the names, addresses and details of the regulatory status of the companies are available on our
website: www.tmf-group.com.
© April 2016 TMF Group B.V.
Our offices in
the UAE
TMF Group B.V. (Dubai)
Nassima Tower - Office 1401
Sheikh Zayed Road
Dubai, United Arab Emirates
T. +971 4 321 8498
TMF Group (Abu Dhabi)
Abu Dhabi Global Market
(ADGM)
Al Maqam Tower
Al Maryah Island
Abu Dhabi
United Arab Emirates
T. +971 2 418 7577
tmf-group.com