{"id":940,"date":"2023-06-02T09:06:31","date_gmt":"2023-06-02T09:06:31","guid":{"rendered":"https:\/\/opencompanysingapore.com\/company-formation-comparison-singapore-vs-dubai\/"},"modified":"2023-07-12T12:56:39","modified_gmt":"2023-07-12T12:56:39","slug":"company-formation-comparison-singapore-vs-dubai","status":"publish","type":"post","link":"https:\/\/opencompanysingapore.com\/company-formation-comparison-singapore-vs-dubai\/","title":{"rendered":"Company Formation Comparison: Singapore Vs. Dubai"},"content":{"rendered":"\n<p><strong>Singapore<\/strong>&nbsp;and&nbsp;<strong>Dubai<\/strong>&nbsp;are two of the&nbsp;<strong>most&nbsp;<a href=\"https:\/\/www.opencompanysingapore.com\/why-is-singapore-attractive-for-foreign-investors\" target=\"_blank\" rel=\"noreferrer noopener\">attractive foreign investment destinations<\/a><\/strong>&nbsp;because of their developed economies. Also, both countries offer numerous incentives for foreign investors: while Dubai relies on a tax-free environment, Singapore adopts a different approach by offering industry-targeted tax allowances and exemptions. Then it all depends on the enterpriser to choose the suitable country to do business in. Below you will find a&nbsp;<strong>comparison between the company registration procedures in Singapore and Dubai<\/strong>&nbsp;in order to help you make a decision.<\/p>\n\n\n\n<p>You can also take into consideration that our&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore company formation specialists<\/a><\/strong>&nbsp;can offer information about the advantages of&nbsp;<strong>opening a company<\/strong>&nbsp;in the city-state.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #002e5b;color:#002e5b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #002e5b;color:#002e5b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/opencompanysingapore.com\/company-formation-comparison-singapore-vs-dubai\/#open-a-company-in-singapore-vs-open-a-company-in-dubai\" title=\"Open a company in Singapore vs open a company in Dubai\">Open a company in Singapore vs open a company in Dubai<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/opencompanysingapore.com\/company-formation-comparison-singapore-vs-dubai\/#company-registration-procedures-in-singapore-and-dubai\" title=\"Company registration procedures in Singapore and Dubai\">Company registration procedures in Singapore and Dubai<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"open-a-company-in-singapore-vs-open-a-company-in-dubai\"><\/span><strong>Open a company in Singapore vs open a company in Dubai<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Most foreign investors choose to&nbsp;<strong>open a company Dubai<\/strong>&nbsp;because of the fact that the local authorities levy no taxes on companies, except if they operate in the oil and gas and the banking industry. However, it should be noted that if you want to&nbsp;<strong>open a company in Dubai<\/strong>&nbsp;you will need a local partner who must own 51% of the company\u2019s shares.&nbsp;<strong>Singapore<\/strong>, on the other hand, even if it levies a&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/corporate-tax-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">corporate tax<\/a><\/strong>, it allows full foreign ownership, therefore it is more advantageous to have full control over the business. Dubai only offers full foreign ownership in its free zones, however a free zone company may not operate outside the free trade zone. As for the actual&nbsp;<strong>company formation process<\/strong>, both&nbsp;<strong>Singapore and Dubai<\/strong>&nbsp;offer nearly the same advantages.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"company-registration-procedures-in-singapore-and-dubai\"><\/span><strong>Company registration procedures in Singapore and Dubai<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Broken down into steps, the&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/general-guide-to-company-incorporation-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">company formation process in Singapore<\/a><\/strong>&nbsp;is:<\/p>\n\n\n\n<ul>\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; company name reservation, company and tax registration which can be completed online;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; making a company seal;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; registering for employment purposes.<\/li>\n<\/ul>\n\n\n\n<p>The whole procedure can be completed in 3 days.<\/p>\n\n\n\n<p>The&nbsp;<strong>company registration procedure in Dubai<\/strong>&nbsp;consists in:<\/p>\n\n\n\n<ul>\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; applying for a company name;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; filing the incorporation documents and applying for a business license;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; registering for employment purposes.<\/li>\n<\/ul>\n\n\n\n<p>Compared to Singapore, it takes about a week to&nbsp;<strong>register a company in Dubai<\/strong>. This also leads to higher costs in the case of Dubai, while&nbsp;<strong>business setup costs are significantly lower in Singapore<\/strong>.<\/p>\n\n\n\n<p>If you have decided to<strong>&nbsp;<a href=\"https:\/\/www.opencompanysingapore.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">open a company in Singapore<\/a><\/strong>&nbsp;and need assistance, please feel free to&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">contact our company incorporation agents<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore&nbsp;and&nbsp;Dubai&nbsp;are two of the&nbsp;most&nbsp;attractive foreign investment destinations&nbsp;because of their developed economies. Also, both countries offer numerous incentives for foreign investors: while Dubai relies on a tax-free environment, Singapore adopts a different approach by offering industry-targeted tax allowances and exemptions. Then it all depends on the enterpriser to choose the suitable country to do business in. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[724,725,11],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Formation Comparison: Singapore Vs. Dubai<\/title>\n<meta name=\"description\" content=\"Find here why you should choose Singapore over Dubai for company registration. 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