Business Setup in Dubai

Business Setup in Dubai enables one to experience the promoting environment for business by availing immense benefits given by UAE. It is a modern choice among foreign investors to establish a company.
We will assist you in picking the most affordable free zone license for your business.

To avail our services, we charge 499/- as an advance or security payment.

Dubai Incorporation

Incorporating a company in the global city of Dubai, for business and trade, can give it a headstart in growth. HOW TO BEGIN A BUSINESS SETUP IN DUBAI?

Step 1

We discuss all your inquiries about Business Setup in Dubai.

Step 2

We assist you in getting the complete process of filing and certification completed.

Step 3

We assist you with the post-registration formalities and compliances.

BUSINESS SETUP IN DUBAI - OVERVIEW

Every business person in the world dreams of starting his own company in Dubai, but the process is not easy. The government’s strict rules and regulations and tedious procedures make company registration in Dubai a troublesome and challenging task.

Before beginning a business in Dubai, one has to do absolute research on every aspect and learn about the business activity they offer and ensure that they comply with all the enterprise licensing requirements.

Getting a trade license is compulsory for starting any business activity in Dubai. The concerned authorization is responsible for allotting local Dubai company licenses is the Economic Development Department, functioning in different locations.

WHY BUSINESS SETUP IN DUBAI?

Establishing up a business in the mainland implies you have access to the best transport, sustainability, and other facilities within immediate reach. In short, a company set up in Dubai Mainland is socially, economically, politically accessible, apart from having favorable demographics.

  • It has been listed as one of the top cities for organizers.
  • It is a business locality with one of the primary ports linking 140 ports in 6 mainlands.
  • Dubai is a global city with a different culture and a tax-free business location.
  • Dubai is home to more than 42,000 millionaires with the lowest crime rate.
  • It is one of the world’s safest cities.

What else someone needs in a business location for Business Setup in Dubai?

THE VARIOUS KINDS OF TRADE LICENSES ISSUED IN DUBAI INCLUDE -

    • Commercial Licenses – Issued to businesses involved in trading ventures.
    • Industrial Licenses – Issued to the organizations involved in production.
    • Professional Licenses – Issued to the corporations working as service providers, professionals, and artisans.

WHAT ARE THE DIFFERENT TYPES OF BUSINESS SETUPS IN DUBAI?

There are various types of Dubai Company Registration such as-

    • Limited liability companies,
    • Private and public joint-stock companies,
    • Partnerships,
    • Branch offices,
    • Subsidiaries,
    • Free zone limited liability companies,
    • Free zone establishments.

LIMITED LIABILITY COMPANY (LLC)

In the LLC (Limited Liability Company), the liability of the shareholders is defined as their capital. The minimum required of a shareholder is 2 and a maximum of 50 for an LLC in Dubai. Except for insurance, banking, or financial investment, the organization can carry any business activity.

ONSHORE COMPANY

An onshore company is an entity is incorporated in a home country with the sole objective of doing business in that specific jurisdiction. If offshoring is not an option, you can choose to outsource your assistance to companies located in your local country. You may have to allocate more money in terms of labor cost, but the advantage of this is that you are managing with local workers. That suggests there is no communication barrier or cultural variations to deal with.

Therefore, enrollment of the onshore company in the UAE is essential and profitable. Usually, owners maintain their business by sitting at their local place, but one can effortlessly have the working office and manage them efficiently with the Onshore company.

OFFSHORE COMPANY

An Offshore Company applies to a corporation, LLC, or similar class of entity established in a foreign country foreign to that of the organization’s principals. It also refers to an organization that can only work outside of its country formation. An Offshore Company is a legal business arrangement that is accumulated and managed outside the company’s jurisdiction.

BENEFITS FOR BUSINESS SETUP IN DUBAI FREE ZONE ARE:

      • 100% exemption from taxes on personal or corporate income.
      • Complete ownership for investors regardless of their nationality and domicile.
      • 100% repatriation of capital and profits.
      • Exclusion from all import and export duties.
      • Exemption from all the corporate taxes for 15 years, with a renewal option for 15 years with no capital deposit.

PROCESS OF DUBAI COMPANY REGISTRATION IN FREE ZONE

1. Learn the free zone license type.
2. Verify the activities.
3. Legal formation of the organization.
4. Authenticate the business facilities needed.
5. Check the fees and additional charges.
6. Submit the request form and other documents.
7. Ensure the preliminary approvals.
8. Payment of the fees.
9. Sign the bonds and other legal documents.
10. Get your business license and other documents.

REQUIRED DOCUMENTS FOR BUSINESS SETUP IN DUBAI

  • Verified passport copies for all shareholders and directors
  • Copy of the UAE residency visa, if relevant
  • No Objection Certificate (NOC) from the current UAE residence visa sponsor
  • Verified proof of address for each shareholder
  • CV of all shareholder
  • Professional/bank reference letter of all shareholder

If the shareholder is to be a corporate entity, the required documentation will include:

  • Memorandum and articles of the company
  • A board resolution agreeing to incorporate a new LLC in UAE
  • A power of attorney (POA) to the general manager to incorporate the new LLC

FAQ ON BUSINESS SETUP IN DUBAI

Free Zones are areas allocated for international businesses, which require 100% foreign ownership. Firms in each free zone can trade only in the same free zone and nowhere else in UAE.

There are four types of Business licenses or Trade Licenses in the UAE; 

    • Commercial Licenses – Issued to businesses involved in trading ventures.
    • Industrial Licenses - Issued to the organizations involved in production.
    • Professional Licenses - Issued to the corporations working as service providers, professionals, and artisans. 
    • Tourism License - issued to travel, tourism and hospitality companies in the UAE. 

The main difference between these two areas would be the amount of ownership. In a DIFC area, 100% foreign ownership is allowed. However, in a non-DIFC area, only 51% ownership is permitted.

The Companies Registry is the primary regulatory jurisdiction for companies registered in Dubai.

Yes, the requirement of a local sponsor is mandatory for the process of UAE Company Formation.

  • Online pre-approval of application form
  • Copy of passport
  • Proof of residence
  • Parent company documents
  • 3rd party approvals for certain types of business

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