Domestic companies need to be notarized and certified by the UAE Consulate in China. The notarized documents required are the company’s business license, articles of incorporation, and the latest year’s annual report. There is currently no corporate income tax in the UAE, but customs duty (depending on the type of product) is required for import and export of products and 5% VAT for local operations in the UAE. The opening bank will be determined by the client’s qualifications and background, and includes banks such as first abu dhabi bank/emirates nbd/adcb/rak bank. The specific city and fees are also based on the client’s qualifications. If the customer needs to apply later, we will do KYC first and make a plan according to the actual situation.
