1. Urs Stirnimann Managing Partner ILC International Legal Consultants

2. Urs Stirnimann Swiss Management Services JLT, Dubai 10 April 2013
United Arab Emirates
A Global Business Hub
Urs Stirnimann
Swiss Management Services JLT, Dubai
10 April 2013

3. Overview General Info about the UAE Major Free Zones of the UAE
UAE Offshore Companies
Double Tax Treaties

4. 3 Forms of Companies Companies with local Partner or Service Agent
Free Zone Companies
UAE Offshore Companies

5. Free Zones Since 1985 Free Zones. 100% foreign ownership allowed.
Freedom to repatriate capital and profits without restrictions.
No taxes.
More than 30 Free Zones in UAE.
Most of the service Free Zones like Internet City, Media City, Healthcare City, Knowledge Village are in Dubai.
Masdar Free Zone in Abu Dhabi.
Excellent conditions for specific businesses.

6. Offshore Company Since 2003, Offshore Companies either from
Jebel Ali Free Zone or
Ras Al Khaimah Investment Authority
No physical presence is necessary nor allowed.
Regulations similar to BVI and Jersey.
ILC International Legal Consultants Registered Agent for such Offshore Companies.

7. List of Free Zones in Dubai
Jebel Ali Free Zone
Dubai Airport Free Zone
Dubai Internet City
Dubai Media City
Dubai Studio City
Dubai International Media Production Zone
Dubai Knowledge Village
Dubai Outsource Zone
Dubai Logistics City
Dubai Gold and Diamond Park
Dubai Multi Commodities Centre / Jumeirah Lakes Towers
Dubai Cars and Automotive Zone

8. List of Free Zones in Dubai
Dubai International Financial Centre
Dubai Industrial City
Dubai Maritime City
Dubai Carpet Free Zone
Dubai Technology Free Zone
Dubai Silicon Oasis
Dubai Flower Centre
Dubai Health Care City
Dubai Biotechnology & Research City
Dubai Textile Village
International Humanitarian City

9. Free Zones in other Emirates
Sharjah Airport International Free Zone
Hamriyah Free Zone
Ajman Free Zone
Ahmed Bin Rashid FZ (UAQ)
Fujairah Free Zone
Ras Al Khaimah Free Trade Zone
Ras Al Khaimah Investment Authority
Masdar, Abu Dhabi
Abu Dhabi two four 54

10. Jumeirah Lakes Towers (JLT) Dubai Multi Commodites Centre (DMCC)
Swiss Tower
Accepts nearly all activities
40 minutes by car from Dubai airport
60 minutes bay car from Abu Dhabi airport
Next to expensive villas as well as reasonable apartments
2 metro stations
near to Dubai Marina, beach

11. Licenses
Individual Shareholders
Subsidiary
Branch

12. Double Tax Treaties Algeria Armenia Austria Belarus Belgium Bulgaria
Bosnia
Canada
China
Czech Republic
Egypt
Finland
France
Germany
India
Indonesia
Italy
Korea
Lebanon
Luxembourg
Malaysa
Malta
Morocco
Mozambique
New Zealand
Pakistan
Philippines
Poland
Romania
Seychelles
Singapore
Spain
Sri Lanka
Sudan
Syria
Switzerland
Tajikistan
Thailand
Tunisia
Turkey
Turkmenistan
Ukraine
Usbekistan
Yemen

13. Double Tax Treaty Switzerland - UAE
Signed: 6 October 2011
Ratified: in 2012
In Force: 1 January 2013

14. Double Tax Treaty Switzerland - UAE
Art. 10: Dividends
Swiss withholding tax of 35%.
Dividends of Swiss companies to UAE Sovereign Funds exempted from Swiss withholding tax.
Swiss Dividends to UAE shareholders: Witholding tax reduced to
5% (if owning at least 10% of Swiss company)
15% (if less than 10%)

15. Double Tax Treaty Switzerland - UAE
Art. 25: Information Exchange
In accordance with OECD model art. 26
Fishing Expeditions excluded.

16. Double Tax Treaty Switzerland - UAE
Normal Swiss Withholding Tax on Dividends: 35%
Shareholder
UAE Company
>10% Ownership
Withholding Tax 5%
<10% ownership
Withholding Tax 15%
Swiss Company A
Swiss Company B

17. Residency in the UAE
Through Employment or Shareholder of a UAE Company Work and Residence Permit
Renewable after 3 Years (in some locations 2 years)
Only Condition: Not to be outside the UAE for more than 6 months

18. ILC Offices Dubai Doha Singapore Zurich
Swiss ILC Management Services JLT
Urs Stirnimann
Managing Partner
Swiss Tower, Office 3601
P.O. Box
Dubai, UAE
Tel:
Fax:
Doha
ILC International Legal Consultants
Michel Daillet
Qatar Financial Center
P.O. Box 23245
Doha, QATAR
Tel:
Fax:
Singapore
ILC International Legal Consultants
Bernhard Weber
Managing Partner
70 A Club Street
Singapore
SINGAPORE
Tel:
Fax:
Zurich
Ritter Attorneys-at-Law
Richard Ritter
Founding Partner
Bahnhofstrasse 26
8022 Zurich
SWITZERLAND
Tel:
Fax: