Hello,
I am looking to incorporate a FZC in UAE to get a General Trading license in Oil&Gas field.
There are 4 locations im thinking about like DMCC, DWC, JAFZA and HFZA. The first three are in Dubai and the last in Sharjah.
The set-up cost vary a lot between these freezone depending on each requirement. DMCC is the most expensive and HFZA the less. But the very important thing is the bank account... I have been told that banks in UAE are more and more attentive to the company structure such Shareholders Visa and office space. It is easier to get it opened if a company have its shareholders with a UAE Visa and a real office. The office is the real problem here as the rent charge are very expensive so to manage all these variable I'm going to incorporate in HFZA with an office. What the banks will think about this freezone? Any experience with this set-up? Do you have some ideas to get it done smoothly with this sheme?
I am looking to incorporate a FZC in UAE to get a General Trading license in Oil&Gas field.
There are 4 locations im thinking about like DMCC, DWC, JAFZA and HFZA. The first three are in Dubai and the last in Sharjah.
The set-up cost vary a lot between these freezone depending on each requirement. DMCC is the most expensive and HFZA the less. But the very important thing is the bank account... I have been told that banks in UAE are more and more attentive to the company structure such Shareholders Visa and office space. It is easier to get it opened if a company have its shareholders with a UAE Visa and a real office. The office is the real problem here as the rent charge are very expensive so to manage all these variable I'm going to incorporate in HFZA with an office. What the banks will think about this freezone? Any experience with this set-up? Do you have some ideas to get it done smoothly with this sheme?
