Do I Need to Register My Company with the Dubai Department of Finance?

Learn about registering your company with Dubai Department of Finance, including information on free zones, support fund, DLD services, DESC security, Human Resources Management Act No., Diplomatic Directory, UAE Protocol Directory, GCC, Free Trade Zone, Department

Do I Need to Register My Company with the Dubai Department of Finance?

The United Arab Emirates has taken a step forward in its journey towards a more sustainable and progressive future. The Dubai Department of Finance (DoF) is responsible for the sound management of public finances, ensuring the balance between the emirate's many economic and strategic objectives while supporting its economic trajectory. This is in line with the Dubai Strategic Plan, which seeks to carry out financial operations effectively and efficiently. The Dubai Land Department (DLD) is striving to make Dubai the world's number one real estate destination in terms of innovation, trust and happiness.

Offshore companies in Dubai are only allowed to conduct international business operations outside the UAE and purchase and manage real estate within the country. The Dubai Electronic Security Center (DESC) is the official government department responsible for making Dubai the most secure city in cyberspace. The Committee examines complaints from public employees working in government departments that implement the Human Resources Management Act No. The website also includes information on the United Arab Emirates, Dubai, the UAE flag and national anthem, as well as the Diplomatic Directory in the UAE and abroad, the UAE Protocol Directory and the GCC. It also offers some electronic services provided by the Department. The Support Fund provides financial liquidity to the government and to government-related entities undertaking strategically important projects in Dubai that contribute to the emirate's overall economic development.

This is done in accordance with rules and controls approved by the Supreme Financial Policy Committee (Supreme Committee), which exercises full oversight of the fund. The three Free Zones in which offshore companies are established - Jebel Ali Free Zone (JAFZA), Ras Al Khaimah (RAK) and Ajman Free Zone (AFZ) - are all considered “tax-free jurisdictions” that do not impose any type of income or corporate tax. The Dubai Land Department provides many services to clients in Dubai, including its role in planning, organizing and evaluating transactions related to real estate licenses and the organization and development of real estate activities. It also supervises projects from a financial and technical point of view, protecting investors. The Free Trade Zone offers all the facilities needed by multinational companies around the world to establish their regional offices and take advantage of commercial opportunities available in neighboring markets, which have more than 2 billion consumers. The strategy of the Dubai police is to play an important role in society by establishing a “Department of Human Rights” within its administrative structure. The Department of Islamic Affairs and Charitable Activities (IACAD) was created in 1969 by His Highness Sheikh Rashid bin Saeed Al Maktoum. It is responsible for facilitating free trade in Dubai and helping ensure the integrity of its borders against smuggling attempts. While offshore companies in the United Arab Emirates are not required to file accounts with any state authority, they must audit and issue an annual report to all shareholders of the company.

Margaret Zynda
Margaret Zynda

Amateur beer specialist. Incurable zombie ninja. Friendly burrito practitioner. Hardcore beeraholic. Amateur twitter fan.

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