Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQS)

Why choose The Milestone UAE for establishing a company in the UAE?

The Milestone UAE is a team of seasoned professionals who have been in the financial and service industry since decades, and are specialized in setting up businesses and ensuring their smooth operations in the UAE market. We provide end-to-end assistance right from formation of the company to securing a successful position in the market.

In how much time can a company be set up?

It varies according to the type of company to be established under the specific jurisdiction, and lot many other factors too.

What company structures do you establish?

We establish Limited Liability Company (LLC), Free zone Company, Mainland Company, and Offshore Company.

What is the difference between a Free zone company and an Offshore company?

A Free zone company is established in the areas where goods and services can be traded freely at partial tax, while an Offshore company operates outside the country where it is formed.

What is the difference between a Free zone company and a Mainland company?

A Free zone company is established in the areas where goods and services can be traded freely at partial tax, while a Mainland company are incorporated in Mainland.

Will you help me in opening my bank account?

Of course, we will! Our comprehensive knowledge of banking rules and regulations followed in the UAE, allows us to assist our clients in opening their corporate bank accounts without any complexities.

How do you perform liquidation of a company?

Our relevant experience in company liquidation in the UAE, allows us to assist in the entire company liquidation process in the UAE without any obstacles, as we follow all the procedural steps in accordance with the business jurisdiction.

Is VAT applicable to all the companies in UAE?

In the UAE, the VAT was introduced in 2018. Today, it has become mandatory for all the companies in the UAE to register themselves for VAT. The companies are required to follow all the VAT regulations.

What are the other services that you offer?

Apart from company establishment services, we also offer assistance in PRO services, Business Registration Renewal, Company Liquidation, Accounting and VAT services, and Web Design & Digital Marketing services.

Usually, in how much time is the company registration renewal required in UAE?

In UAE, the company registration is valid just for a stipulated timeframe of one, two, or three years, and therefore requires timely renewal.

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