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Premier MIdeast
A specialized professional services company
Company Formation
One-stop shop for all aspects related to company formations
Bank Account Assistance
Assist with the opening of business bank account
Non Domiciled & HNWI Status
Wide range of services specially devised for high net worth Individuals
Company Re-Domiciliation
Expertise through the Company Re-Domiciliation procedure
Premier Mideast
specialized professional services company
Premier Mideast is a pioneer in providing corporate transaction services in the United Arab Emirates with it’s headquarter in the Emirate of Ras Al Khaimah.
Premier Mideast is registered as a Free Zone Company and it is agent by the Ras Al Khaimah Economic Zone (RAKEZ) and it is Register Agent for incorporation of Ras al Khaimah International Companies (RAKICC). Our clients can also take advantage of our expertise: UAE residence visa and tax residence application, banking assistance and Tax Planning.
Company Formation
We have more than a decade of experience in company formations and considered as one of the pioneers in this field in the UAE.
We can handle your business setup in UAE from start to finish giving advice on and assistance with:
- The correct commercial structure,
- Type of Trade License,
- Sourcing an appropriate local sponsor service agent where required,
- Identifying suitable office space,
- Processing residence visa applications
- Opening of bank accounts
We are a one-stop shop for all aspects related to company formations including but not restricted to:
- Incorporations of Companies in Free Zones
- Incorporations of International and Offshore Companies in UAE
- Incorporations of traditional LLC Companies in Non Free Zone jurisdictions
- Residence & Employment Visas (except for Offshore)
- Legal documentation including preparation of Memorandum & Articles of Association, related resolutions etc.
- Restructuring and re-domiciliation of companies
- Setting up bank accounts in prime banks
- Virtual office facility (telephone and fax specific to your company and prestigious address in UAE
- Office in UAE
- Websites and Emails
- Marketing & Advertising support
- Commercial assistance on local and international business.
United Arab Emirates in one of the preeminent financial jurisdiction in the world means, we have contacts with all major reputable banks.
We can introduce the client’s business to selected banking institutions assisting him in filing the application to the bank with all the requested forms and documents. As part of our management service we can also fully administer and operate your personal or company bank account.
Opening a business bank account it has been always a tedious process due to the huge amount of documents required and the numerous follow up required with the management team.
Premier assist with the opening of business bank account and the fulfilment of all relevant compliance obligations by an accurate due-diligence and KYC checklist.
We provide also signatories to the bank account opened on behalf of clients ensuring the efficient management of the same and a full range of bank account administration services, such as: bank account reconciliation, transfer handling, and payment processing, account payable reporting and management services, cash flow management services and funding management.
Bank Account Assistance
Non Domiciled and HNWI Status
Obtaining a Residence Visa Permit is the primary condition for being considered as “subject to tax” in the UAE
As a general rule, one has to have a “sponsor” in order to apply for a Residence Permit in the jurisdiction.
For foreigners, setting afoot a company is the most practical way of creating such sponsor. The company must maintain a physical presence – i.e. Office space – in the UAE.
In this respect, the most interesting and cost effective options – in the form of “flexi- desk offices” – are proposed by free zones situated in the northern Emirates.
We provide a wide range of services specially devised for high net worth Individuals, from offering relocation advice to creating integrated solutions to cater for their financial and logistical needs. We can assure a highly personalised level of service.
Premier has been developing an in-depth knowledge and expertise through the Company Re-Domiciliation procedure, allowing its clients to take advantages from tax relief.
The criteria in order to consider a company tax resident in a specific jurisdiction changing depending of such jurisdiction.
In some circumstances apply the “Incorporation test”, even though it is subjected by various exceptions (i.e. trading exception, treaty exception etc.), or alternatively applies “Management and Control Test” (i.e. where the directors and shareholder meeting are held, where company policy are determinated, majority director reside, where the company is headquartered etc.).
Starting from a careful analysis of the company’s structure and taking into consideration the country of origin, Premier assist its client all the way to the issuance of the Tax Residency Certificate before the relevant authority in the UAE