Key steps to start a business
- Determine the type of legal entity.
- Choose a trade name.
- Apply for a business licence.
- Choose an office space.
- Get pre-approvals, register your business and get your licence.
How much does it cost to open a company in Dubai?
Company Registration Fee The exact fee will be determined according to the company’s legal structure, and of course, the chosen free zone. The costs for registering a company in a Dubai free zone is not exceptionally varied; it is usually around the range of AED 9,000 to AED 10,000.
Can a foreigner open a company in Dubai?
Yes, a foreigner can start a business in Dubai, and many do. Dubai actively welcomes investors and business owners from overseas. The emirate is home to many company formation experts and setup agents, created to help guide foreign entrepreneurs through the license, visa, and business incorporation processes.
How long does it take to start a company in Dubai?
According to most of the business consultants in Dubai, setting up a business takes up to 4 to 5 days working days, but it does depend on the several factors and certifications obligated to the company’s establishment.
Can anyone open a company in Dubai?
For a company to be issued a General Trading Licence, it should have a minimum of AED 1 million share capital. In Hamriya Free Zone, you can form an FZE with a share capital of AED 150,000. While you are deciding upon the type of legal entity your business should take, you should choose a trade name.
Is it easy to start business in UAE?
Starting a business in the Emirates is quite easy. In fact, almost anyone can do it. This is because the government offers many incentives for setting up a business there.
Is it easy to open a company in Dubai?
Company formation in Dubai is not only simple, thanks to the accommodating conditions of the free zones, but with the right experienced support, the process can be completed in just over one week.
How can I start a business with no money in Dubai?
Low cost business ideas in Dubai, UAE
- Pet sitting. An increasing number of UAE residents now own pets.
- Tutoring / Instruction.
- Consultancy.
- Cleaning Services.
- Build websites.
- Social media expert.
- E-commerce store.
Can you own a business in Dubai?
There are plenty of business opportunities available in Dubai, as well as in the other Emirates of UAE. However, if you really want to start a business that must exploit the potential of Dubai then you need a locally registered LLC business. A UAE national must be taken as a 51% partner who is called a local ‘sponsor’.
What are the documents required to start a company?
Documents You Need to Start a Business in India
- Shareholder agreement.
- Founders agreement.
- Certificate of incorporation.
- No objection certificate (NOC)
- Company PAN card.
- TIN number.
- Non-disclosure agreement.
- GSTIN.
How can I open a company in Dubai 2021?
How to Start a Company in Dubai (2021)
- Determine Type of Business.
- Determine Ownership.
- Choose a Trade Name.
- Designate Share Capital.
- Secure the Premises.
- Hire Employees.
- Get Local Support.
- FAQS about setting up a business in Dubai.
Which is the cheapest Freezone in UAE?
Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.
How can I register a company name in Dubai?
Log in via the platform’s website: invest.dubai.ae. Select book new trade name. Select the main business activity (the primary activity and the additional activities) Steps to get the service
- Visit one of the service centers of the Dubai Economy.
- Pay via one of the available payment methods.
- Issue a trade name certificate.
Which business is best in Dubai?
Top 10 Successful Business Ideas in Dubai, UAE
- Construction Sector. Dubai is continuing the growth with the establishment of infrastructure facilities, skyscrapers, industrial units and so on.
- E-Commerce Solutions.
- Travel and Tourism.
- Real Estate Agency.
- Health Sector.
- Handyman Business.
- Consultancy Service.
- Beauty Salon.
Do you really need a sponsor to start a business in UAE?
A corporation formed and licensed in Dubai must have a local sponsor to set up a business in Dubai. The UAE national, which is the sponsor, will hold 51% of the shares of a company owned by individuals or a group of expats.
The Official Portal of the UAE Government
This solar park, which is built on the independent power producer (IPP) model, is the world’s largest single-site solar park and is the largest single-site solar park in the world. It is expected to generate 1,000 Megawatts (MW) by 2020 and 5,000 MW by 2030, respectively. When the first phase of this project was completed in 2013, it was capable of producing 13 MW of electricity. The second phase, which has a capacity of 200 MW, commenced operations in April of this year. The third phase of the project, with a capacity of 1,000 MW, will begin operations in 2020, and the fourth phase of the project, with a capacity of 5,000 MW, will begin operations by the end of the first quarter of 2021.
It is a long-term strategy that aspires to develop the United Arab Emirates (UAE) into one of the world’s most prosperous countries by 2021, when the UAE will commemorate the Golden Jubilee of its founding as an independent country as a federation.
H.
Company Formation in Dubai
This solar park, which is built on the independent power producer (IPP) model, is the world’s biggest single-site solar park and the world’s largest solar park overall. Within five years, it will generate 1,000 Megawatts (MW) of power, increasing to 5,000 MW by 2030. It was completed in 2013 and has a capacity of 13 MW when it initially went into service. The second phase, with a capacity of 200 MW, commenced operations in April 2017. A 1,000-megawatt capacity will be available in the third phase of the project, which will begin operations in 2020.
260 metres in height, the project will be home to the world’s highest solar-energy tower.
In 2010, at a Cabinet meeting, H.
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, announced the start of ‘Vision 2021’.
| Quick Facts | |
|---|---|
| Types of companies | Limited liability companyGeneral partnershipLimited partnershipJoint venture companyPrivate shareholding companyPublic shareholding companyBranches of foreign companiesSole proprietorship |
| Minimum share capital for LTD Company | USD 1 |
| Minimum number of shareholders for Limited Company | 2 |
| Time frame for the incorporation (approx.) | 1-3 weeks |
| Corporate tax rate | No (except oilgas, banking) |
| Dividend tax rate | – |
| VAT rate | 5% |
| Number of double taxation treaties (approx.) | 123 |
| Do you supply a registered address? | Yes |
| Local director required | Yes |
| Annual meeting required | Yes |
| Redomiciliation permitted | Yes |
| Electronic signature | No |
| Is accounting/annual return required? | Yes |
| Foreign-ownership allowed | 100% ownership in Dubai free zones |
| Any tax exemptions available? | No VAT and custom duties in Dubai FTZs |
| Tax incentives | For hiring local staff |
UAE is well-known for its free zone firms (about 40 free zones are accessible), which provide great circumstances for a variety of start-ups, including industrial, technology, car, and other businesses. Each Free Zone in the United Arab Emirates is dedicated to a distinct activity. The most well-known example of a free zone is Ras Al Khaimah (RAK), which provides a wide range of benefits to investors interested in founding a business in Dubai, including zero percent corporate tax, 100 percent foreign ownership, and 100 percent capital repatriation.
Our local advisers have a wealth of knowledge and expertise in company creation in Dubai, and they can assist international investors interested in beginning a business in Dubai with the registration of any sort of corporation.
Legislation on setting up onshore and free zone companies in Dubai
In addition to its free zone firms (there are over 40 accessible), the UAE is well-known for its exceptional start-up circumstances for a variety of various sorts of businesses such as manufacturing, technology, and automobiles, among others. A unique activity is designated for each Free Zone in the United Arab Emirates. Ras Al Khaimah (RAK), the most well-known free zone in the world, offers investors interested in beginning a business in Dubai a wide range of benefits, including zero percent corporate tax, 100 percent foreign ownership, 100 percent capital repatriation, and other benefits.
The Corporate Group strives to provide complete business registration and advisory services to those interested in starting or expanding a business in Dubai.
Offshore or on-shore company in Dubai?
The method for creating an offshore business in Dubai is quite different from the procedure for incorporating an on-shore firm in the United States. You may want to investigate the following options if you are unsure which one you require at this time: The owners/shareholders of an offshore firm (such as RAK Offshore) are subject to no specific criteria or limits, whereas an onshore corporation does not permit complete foreign ownership (the corporation requires a local “sponsor” to be established.
2) A UAE offshore business is exempt from corporate tax in the UAE, but an onshore company is subject to tax responsibilities and reporting procedures in accordance with UAE legislation.
It is preferable to establish an offshore company rather than an onshore one if you are not interested in the Dubai market (i.e., your clients are not located in Dubai) and you are solely interested in taking advantage of the favorable tax regime and/or privacy afforded by a foreign jurisdiction, such as the United Arab Emirates.
It is very similar to the company incorporation procedures in most European countries, provided that the foreign investors have obtained all necessary information about the business activity that they intend to engage in and are aware of all applicable business licensing requirements in their home country.
Our company formation agents in Dubai can provide you with further information on the primary stages involved in forming a business in Dubai.
Business setup in UAE
Our company formation professionals assist local and international investors in completing the major processes for company formation in the United Arab Emirates and establishing the appropriate type of business. Business establishment in the United Arab Emirates is not difficult, but because many international entrepreneurs are unfamiliar with the local legislation, it is advised that they consult with a local agent for business setup in the UAE. In order to assist the foreign investor, he or she will explain the distinctions between onshore/offshore firms and those founded in free zones, and he or she will assist him or her in selecting the one that is most appropriate for his or her company needs.
Shareholders for setting up a company in Dubai
Establishing a business in Dubai is no different than establishing a business in any other nation. When forming a corporation in this country, the first item to examine is the ownership structure of the organization. The reason for this is because a local partner is necessary in the event of an onshore corporation. In order for a corporation to be formed, UAE shareholders must own at least 51 percent of the stock in the firm, with the remaining shares being allocated among international shareholders or belonging to a single foreign stockholder.
In the event of offshore or free zone corporations, foreign ownership is permissible in its entirety.
You can rely on our company registration professionals to help you set up a company in Dubai, no matter what form of business you choose.
Share capital requirements for opening a company in Dubai
The Dubai Company Law has specific regulations about the share capital requirements for enterprises wishing to establish themselves in the city. For investors looking for a share capital structure, the limited liability company is by far the most appealing because there are no minimum capital requirements for forming one; however, investors must provide proof that they have sufficient funds to cover their investment in order for the activities to be carried out. In the case of offshore firms registered as private or public joint stock companies, the minimum share capital to be placed is AED 5 million, and the maximum share capital to be deposited is AED 30 million, respectively.
In addition, it is crucial to note that, while some local governments require a certain minimum amount of money to be invested as share capital, others do not do so.
Don’t be afraid to get in touch with one of ourDubai company formation agentsif you want more information on theminimum share capital requirements while forming a business in Dubai.
Types of companies in Dubai
According to the table below, there are numerous types of corporations that may be formed in Dubai. These include the following:
- The onshore company is one that operates on the UAE market
- The offshore company is one that is registered in the UAE but operates outside the country
- The free zone company is one that operates in one of the many free zones in the UAE
- Branch offices and subsidiaries are available for foreign companies operating in the UAE
- The sole trader is one that is used for activities completed by a natural person
- And the limited liability partnership is one that is used for activities completed by a limited liability partnership.
In the event that you decide to establish a company in Dubai or another place, our company formation in UAE representatives can explain the criteria for each sort of business form available.
How to open Dubai free zone company
Foreign investors interested in establishing a business in the United Arab Emirates, and particularly in Dubai, should be aware that the nation has a large number of free zones in which they may profit from preferential business conditions for conducting operations. We welcome you to view the following video on how to create a company in Dubai’s free zone: In this country, one of the most popular free zones isRas Al Khaimah (RAK), where investors may take advantage of a 0 percent corporation tax rate as well as the ability to repatriate their earnings.
In Dubai, there are over 20 free zones dedicated to a diverse range of economic activities, such as Dubai Media City, Dubai Healthcare City, Dubai Maritime City, Dubai Outsource Zone, and so on.
For more information about forming a business in Dubai or any other location of the United Arab Emirates, please contact one of our company formation agents.
Open an offshore company in Dubai
Law No. 8 of 1984, as revised by Federal Law No. 13 of 1988, controls the activities of offshore companies in Dubai (the Commercial Companies Law). The following are the primary advantages of establishing an offshore corporation in Dubai:
- There are no personal, corporate, capital gains, or VAT in the UAE (with the exception of foreign banking branches and oil producers)
- Anonymity and privacy protection are guaranteed by the UAE’s Company Law
- There is no requirement to deposit a share capital in a local bank
- Full foreign ownership is permitted in the case of offshore companies
- There is no minimum share capital required in the free zones
- It is not necessary to submit the company’s account
- These accounts are not required to be submitted
- And it is not necessary to submit the company’
At least one shareholder is required to establish an offshore company in Dubai, and the firm can have a maximum of 50 members. For this sort of corporation, at least two directors and a secretary are required to govern it. Their names are included in the register of directors maintained by the Dubai Registered Office, but no more information about them is available to the public. In order for the general meetings of the offshore corporation to take place in Dubai, it is not required.
Set up an onshore company in Dubai
In contrast to offshore firms, which are utilized by investors who are interested in providing services to clients outside the UAE, the onshore company is used to provide services to clients within the UAE. Another distinction between the two sorts of businesses is in the licensing regulations that apply to them: The onshore firm will be required to get a business license, whilst the offshore corporation will not be required to do so. In addition, you must pay company tax, create a physical office, and have a shareholder who is a resident of the United Arab Emirates.
Despite this, the onshore firm provides a variety of advantages, including a vast and prosperous market as well as a variety of tax rebates and breaks, among other things. There are several sorts of onshore corporations, the most frequent of which are as follows:
- The limited liability company (LLC), which can be either private or public and is subject to only a few regulations when it comes to incorporation
- An unincorporated private shareholding company that can be established by foreign investors in cooperation with a local corporation or businessperson
- Public shareholding company (also known as joint stock company)
- Sole proprietorship (which can be utilized by accountants, attorneys, and other kinds of professionals)
- And limited liability company (also known as limited partnership).
Foreign entrepreneurs who wish to form a limited liability company in the United Arab Emirates should be aware that they must have at least one UAE partner who will own a minimum of 51 percent of the paid-up capital in order to do so. In the same way that several European countries, such as Switzerland, allow international corporations to operate branches or subsidiaries, Dubai allows foreign companies to do the same. For offshore firms operating in Dubai, it is necessary to secure a license that is specific to the sort of operation that will be carried out.
Company formation in UAE steps
When registering a corporation in Dubai, the following steps must be followed:
- The first step in the registration process is to reserve a trading name for the company
- The second step is to draft and notarize the company’s Memorandum and Articles of Association
- The third step is to submit the documents to the Dubai Department of Economic Development for approval
- And the final step is to register for employment. Our local advisors can assist you with all of these steps and others.
Company incorporation costs in Dubai
The first step in the registration process is to reserve a trading name for the company; the second step is to draft and notarize the company’s Memorandum and Articles of Association; the third step is to submit the documents to the Dubai Department of Economic Development for approval; and the final step is to register for employment. Our local advisors can assist you with all of these steps.
- The first step in the registration process is to reserve a trading name for the company
- The second step is to draft and notarize the company’s Memorandum and Articles of Association
- The third step is to submit the documents to the Dubai Department of Economic Development for approval
- And the final step is to register for employment. Our local advisors can assist you with this step.
Licenses for companies in Dubai
The license procedure for a business in Dubai is performed at the same time as the firm’s incorporation procedure in Dubai. When forming a corporation in Dubai, the following types of licenses are available to choose from:
- The trade license
- The industrial license
- The commercial license
- And the professional license are all examples of types of licenses.
These are generic permits that must be secured regardless of where the firm is incorporated or registered. Other operations, such as import and export, need the acquisition of particular permits. When it comes to free zone firms in Dubai, it is crucial to know that certain activities must be carried out in each one of them. When it comes to certain of them, specific licenses are required by the authorities who regulate them. OurDubai company formation agents can assist you in obtaining the essential licenses when beginning a new firm.
Questions on business setup in the UAE
Why should I establish a business in Dubai? Dubai is the most populous emirate in the United Arab Emirates, and it provides several tax breaks to international investors. Beyond that, Dubai is also one of the most significant business centers in the Middle East and North Africa. Is it possible for me to be the only shareholder in a Dubai corporation if I am a foreign national? This is allowed in all of Dubai’s free zones, but if you want to start a firm in the emirate of Dubai, you’ll need a local partner who will own a majority stake in the company, which must be 51 percent.
Companies that do not participate in the oil and banking industries are not subject to corporate taxes in Dubai; however, the UAE government implemented the VAT (value added tax) beginning in 2018 to cover these businesses.
With the help of our local agents, you may register a business in Dubai without having to visit there yourself.
Dubaiis one of the most enticing emirates in the United Arab Emirates, particularly because of the large number of free zones available; nevertheless, people establishing businesses in a free zone must only provide their services or finish their operations within that specific free zone.
Onshore firms, as opposed to free zone companies, are able to provide their services or sell their products outside of the country. From a purely economic standpoint, we may say:
- In 2019, Dubai’s Gross Domestic Product (GDP) is predicted to expand by 2.1 percent, according to the International Monetary Fund
- In 2020, the city’s GDP is expected to grow even faster, by 3.8 percent
- And in 2021, the city’s GDP is expected to grow at a slower rate, by 2.8 percent.
In the event that you want assistance in forming an offshore business in Dubai or any other sort of organization, you may contact our company formation professionals, who will take care of the full method of company creation for you.
Company Formation in Dubai
We are experts in business creation in Dubai as well as the incorporation of free zone firms in Dubai (UAE), such as RAK Free Zone, among others. In addition to Dubai free zone company registration, we can also help individuals and businesses interested in the Dubai market establish offshore and on-shore entities.
| Quick Facts | |
|---|---|
| Types of companies | Limited liability companyGeneral partnershipLimited partnershipJoint venture companyPrivate shareholding companyPublic shareholding companyBranches of foreign companiesSole proprietorship |
| Minimum share capital for LTD Company | USD 1 |
| Minimum number of shareholders for Limited Company | 2 |
| Time frame for the incorporation (approx.) | 1-3 weeks |
| Corporate tax rate | No (except oilgas, banking) |
| Dividend tax rate | – |
| VAT rate | 5% |
| Number of double taxation treaties (approx.) | 123 |
| Do you supply a registered address? | Yes |
| Local director required | Yes |
| Annual meeting required | Yes |
| Redomiciliation permitted | Yes |
| Electronic signature | No |
| Is accounting/annual return required? | Yes |
| Foreign-ownership allowed | 100% ownership in Dubai free zones |
| Any tax exemptions available? | No VAT and custom duties in Dubai FTZs |
| Tax incentives | For hiring local staff |
UAE is well-known for its free zone firms (about 40 free zones are accessible), which provide great circumstances for a variety of start-ups, including industrial, technology, car, and other businesses. Each Free Zone in the United Arab Emirates is dedicated to a distinct activity. The most well-known example of a free zone is Ras Al Khaimah (RAK), which provides a wide range of benefits to investors interested in founding a business in Dubai, including zero percent corporate tax, 100 percent foreign ownership, and 100 percent capital repatriation.
Our local advisers have a wealth of knowledge and expertise in company creation in Dubai, and they can assist international investors interested in beginning a business in Dubai with the registration of any sort of corporation.
Legislation on setting up onshore and free zone companies in Dubai
The Company Law is the primary piece of legislation that governs the establishment of onshore businesses in Dubai. It outlines all of the rules and regulations that must be followed both before and after the registration of a company is completed. For offshore or free zone corporations in Dubai, each government has its own set of registration criteria, which may be found here. Our local experts can assist you if you want information on the regulations pertaining to the establishment of a company in Dubai as well as information on launching a business in Dubai.
Offshore or on-shore company in Dubai?
The method for creating an offshore business in Dubai is quite different from the procedure for incorporating an on-shore firm in the United States. You may want to investigate the following options if you are unsure which one you require at this time: The owners/shareholders of an offshore firm (such as RAK Offshore) are subject to no specific criteria or limits, whereas an onshore corporation does not permit complete foreign ownership (the corporation requires a local “sponsor” to be established.
2) A UAE offshore business is exempt from corporate tax in the UAE, but an onshore company is subject to tax responsibilities and reporting procedures in accordance with UAE legislation.
It is preferable to establish an offshore company rather than an onshore one if you are not interested in the Dubai market (i.e., your clients are not located in Dubai) and you are solely interested in taking advantage of the favorable tax regime and/or privacy afforded by a foreign jurisdiction, such as the United Arab Emirates.
It is very similar to the company incorporation procedures in most European countries, provided that the foreign investors have obtained all necessary information about the business activity that they intend to engage in and are aware of all applicable business licensing requirements in their home country.
Our company formation agents in Dubai can provide you with further information on the primary stages involved in forming a business in Dubai.
Business setup in UAE
Our company formation professionals assist local and international investors in completing the major processes for company formation in the United Arab Emirates and establishing the appropriate type of business. Business establishment in the United Arab Emirates is not difficult, but because many international entrepreneurs are unfamiliar with the local legislation, it is advised that they consult with a local agent for business setup in the UAE. In order to assist the foreign investor, he or she will explain the distinctions between onshore/offshore firms and those founded in free zones, and he or she will assist him or her in selecting the one that is most appropriate for his or her company needs.
Shareholders for setting up a company in Dubai
Establishing a business in Dubai is no different than establishing a business in any other nation. When forming a corporation in this country, the first item to examine is the ownership structure of the organization. The reason for this is because a local partner is necessary in the event of an onshore corporation. In order for a corporation to be formed, UAE shareholders must own at least 51 percent of the stock in the firm, with the remaining shares being allocated among international shareholders or belonging to a single foreign stockholder.
In the event of offshore or free zone corporations, foreign ownership is permissible in its entirety.
You can rely on our company registration professionals to help you set up a company in Dubai, no matter what form of business you choose.
Share capital requirements for opening a company in Dubai
The Dubai Company Law has specific regulations about the share capital requirements for enterprises wishing to establish themselves in the city. For investors looking for a share capital structure, the limited liability company is by far the most appealing because there are no minimum capital requirements for forming one; however, investors must provide proof that they have sufficient funds to cover their investment in order for the activities to be carried out. In the case of offshore firms registered as private or public joint stock companies, the minimum share capital to be placed is AED 5 million, and the maximum share capital to be deposited is AED 30 million, respectively.
In addition, it is crucial to note that, while some local governments require a certain minimum amount of money to be invested as share capital, others do not do so.
Don’t be afraid to get in touch with one of ourDubai company formation agentsif you want more information on theminimum share capital requirements while forming a business in Dubai.
Types of companies in Dubai
According to the table below, there are numerous types of corporations that may be formed in Dubai. These include the following:
- As you can see in the table below, there are various different types of corporations that may be formed in Dubai:
In the event that you decide to establish a company in Dubai or another place, our company formation in UAE representatives can explain the criteria for each sort of business form available.
How to open Dubai free zone company
Foreign investors interested in establishing a business in the United Arab Emirates, and particularly in Dubai, should be aware that the nation has a large number of free zones in which they may profit from preferential business conditions for conducting operations. We welcome you to view the following video on how to create a company in Dubai’s free zone: In this country, one of the most popular free zones isRas Al Khaimah (RAK), where investors may take advantage of a 0 percent corporation tax rate as well as the ability to repatriate their earnings.
In Dubai, there are over 20 free zones dedicated to a diverse range of economic activities, such as Dubai Media City, Dubai Healthcare City, Dubai Maritime City, Dubai Outsource Zone, and so on.
For more information about forming a business in Dubai or any other location of the United Arab Emirates, please contact one of our company formation agents.
Open an offshore company in Dubai
Law No. 8 of 1984, as revised by Federal Law No. 13 of 1988, controls the activities of offshore companies in Dubai (the Commercial Companies Law). The following are the primary advantages of establishing an offshore corporation in Dubai:
- There are no personal, corporate, capital gains, or VAT in the UAE (with the exception of foreign banking branches and oil producers)
- Anonymity and privacy protection are guaranteed by the UAE’s Company Law
- There is no requirement to deposit a share capital in a local bank
- Full foreign ownership is permitted in the case of offshore companies
- There is no minimum share capital required in the free zones
- It is not necessary to submit the company’s account
- These accounts are not required to be submitted
- And it is not necessary to submit the company’
At least one shareholder is required to establish an offshore company in Dubai, and the firm can have a maximum of 50 members. For this sort of corporation, at least two directors and a secretary are required to govern it. Their names are included in the register of directors maintained by the Dubai Registered Office, but no more information about them is available to the public. In order for the general meetings of the offshore corporation to take place in Dubai, it is not required.
Set up an onshore company in Dubai
In contrast to offshore firms, which are utilized by investors who are interested in providing services to clients outside the UAE, the onshore company is used to provide services to clients within the UAE. Another distinction between the two sorts of businesses is in the licensing regulations that apply to them: The onshore firm will be required to get a business license, whilst the offshore corporation will not be required to do so. In addition, you must pay company tax, create a physical office, and have a shareholder who is a resident of the United Arab Emirates.
Despite this, the onshore firm provides a variety of advantages, including a vast and prosperous market as well as a variety of tax rebates and breaks, among other things. There are several sorts of onshore corporations, the most frequent of which are as follows:
- The limited liability company (LLC), which can be either private or public and is subject to only a few regulations when it comes to incorporation
- An unincorporated private shareholding company that can be established by foreign investors in cooperation with a local corporation or businessperson
- Public shareholding company (also known as joint stock company)
- Sole proprietorship (which can be utilized by accountants, attorneys, and other kinds of professionals)
- And limited liability company (also known as limited partnership).
Foreign entrepreneurs who wish to form a limited liability company in the United Arab Emirates should be aware that they must have at least one UAE partner who will own a minimum of 51 percent of the paid-up capital in order to do so. In the same way that several European countries, such as Switzerland, allow international corporations to operate branches or subsidiaries, Dubai allows foreign companies to do the same. For offshore firms operating in Dubai, it is necessary to secure a license that is specific to the sort of operation that will be carried out.
Company formation in UAE steps
When registering a corporation in Dubai, the following steps must be followed:
- The first step in the registration process is to reserve a trading name for the company
- The second step is to draft and notarize the company’s Memorandum and Articles of Association
- The third step is to submit the documents to the Dubai Department of Economic Development for approval
- And the final step is to register for employment. Our local advisors can assist you with all of these steps and others.
Company incorporation costs in Dubai
When establishing a business in Dubai, the following expenses must be taken into consideration:
- The company registration fee with the Dubai Economic Development is approximately 300 EUR, however, the license fee must also be included
- The virtual office costs start at approximately 200 EUR per month, depending on the office building it will be set up in
- The minimum share capital: there are no minimum share capital requirements for opening a limited liability company in Dubai
- Our company formation fee starts at approximately 2,300 EUR, and we invite you to contact us for a quote. The minimum share capital: there are no minimum share capital requirements for opening a limited liability company in
Licenses for companies in Dubai
The license procedure for a business in Dubai is performed at the same time as the firm’s incorporation procedure in Dubai. When forming a corporation in Dubai, the following types of licenses are available to choose from:
- The trade license
- The industrial license
- The commercial license
- And the professional license are all examples of types of licenses.
These are generic permits that must be secured regardless of where the firm is incorporated or registered. Special permits must also be sought for additional operations, such as import and export, in addition to the aforementioned ones. It is vital to remember that in the case of free zone firms in Dubai, specified activities must be carried out in order for them to be considered legitimate. Some of them are subject to particular licensing requirements set by the authorities in charge of regulating them.
Questions on business setup in the UAE
Why should I establish a business in Dubai? Dubai is the most populous emirate in the United Arab Emirates, and it provides several tax breaks to international investors. Beyond that, Dubai is also one of the most significant business centers in the Middle East and North Africa. Is it possible for me to be the only shareholder in a Dubai corporation if I am a foreign national? This is allowed in all of Dubai’s free zones, but if you want to start a firm in the emirate of Dubai, you’ll need a local partner who will own a majority stake in the company, which must be 51 percent.
Companies that do not participate in the oil and banking industries are not subject to corporate taxes in Dubai; however, the UAE government implemented the VAT (value added tax) beginning in 2018 to cover these businesses.
With the help of our local agents, you may register a business in Dubai without having to visit there yourself.
Dubaiis one of the most enticing emirates in the United Arab Emirates, particularly because of the large number of free zones available; nevertheless, people establishing businesses in a free zone must only provide their services or finish their operations within that specific free zone.
Onshore firms, as opposed to free zone companies, are able to provide their services or sell their products outside of the country. From a purely economic standpoint, we may say:
- What are the advantages of establishing a business presence in Dubai? For international investors, Dubai is the most advantageous emirate in the United Arab Emirates, since it provides several tax breaks and exemptions. Beyond that, Dubai is also one of the most significant business centers in the Middle East and North Africa area. If I am a foreigner, are I allowed to be the only shareholder in a Dubai company? In all of Dubai’s free zones, this is feasible
- However, if you intend to establish a firm in the emirate of Dubai, you will require a local partner who will hold at least 51 percent of the company. Companies in Dubai are subject to a number of taxes. Enterprises that do not participate in the oil and banking industries are not subject to corporate taxes in Dubai
- However, the UAE government implemented the VAT (value added tax) beginning in 2018 to include these companies. Is it possible to register a business in Dubai from afar? With the help of our local agents, you may register a business in Dubai without having to visit there. Simply appoint us as your legal representatives and we will do the rest. Dubaiis one of the most enticing emirates in the United Arab Emirates, particularly because of the large number of free zones available
- Nevertheless, people establishing businesses in a free zone must only provide services or carry out their operations inside that specific free zone. While onshore firms cannot provide their services or sell their products outside of their own nation, free zone companies may. To put it in a purely economic context:
In the event that you want assistance in forming an offshore business in Dubai or any other sort of organization, you may contact our company formation professionals, who will take care of the full method of company creation for you.
Home Page
Shuraa Business Setup, established in 2001, is a prominent supplier of business creation services in the United Arab Emirates. Shuraa has assisted more than 35,000 entrepreneurs in launching their businesses over the course of its 20-year history. The company has a highly experienced and competent team that includes lawyers, certified accountants, tax consultants, translators, well-connected public relations officers, and corporate advisors who are well-versed in the UAE’s operational framework.
This eliminates the need for businesses to worry about the legal procedures.
Dubai Mainland
100 percent ownership of the business AED 18,500*with the option of paying in instalments*
- Professional trade license
- UAE investor visa
- Office solution
- VAT consultation and registration
- Bank account assistance
- Zoho One subscription
- And other services
Abu Dhabi Mainland
Professional trade license; UAE investor visa; office solution; VAT counseling and registration; bank account support; Zoho One subscription; and more.
- LLC trading license
- Investment visa for the United Arab Emirates There is no need for an office. Shareholders might be single or several
- Examination by a medical professional Emirates ID
- Registration using the e-channel
Dubai Free Zone
Registration with the IFZA costs AED 19,900 (with an EMI option available).
- Trade licenses that can be combined
- UAE investor visas that are valid for life
- Price assurance for three renewals
- A 15% discount is available on a 3-year license. Free VAT advice
- Help with setting up a bank account
As a one-stop shop for all things related to beginning a new business in the United Arab Emirates, we provide complete business setup services. With the assistance of our business setup advisors, you may create customized company formation solutions that are hassle-free, economical, and appropriate for your firm’s needs. Shuraa Business Establishment in Dubai provides local sponsorship and visa services that are dependable and trustworthy, and that minimize risk to the greatest extent feasible Our Public Relations Officers (PRO) assist you in handling all of your documents and government-related activities in a simple and effective manner.
We include a solid investor rights and protection clause with our corporate sponsorship agreement, ensuring you have 100 percent operational ownership of the organization.
- It is clear that the professionals at Shuraa Management and Consultancy take the time to understand our company’s unique business requirements, and they have unquestionably provided the critical support we require to efficiently manage processes in support of preparing our company for future business ventures. It is really appreciated by our firm that they devote so much time to assisting us in our continuous progress. They are really knowledgeable and courteous. Mr. Jashvant deserves special recognition for the professional and timely manner in which he addresses all of the inquiries. I would have no difficulty in suggesting Shuraa Management and Consultancy since they have always exceeded my expectations on a consistent basis. I heartily advocate the Shuraa team and strongly encourage you to collaborate with them in order to position your company for success. Vidhyalakshmi Ramesh, Axon Medica
- Shuraa Company Setup provided us with outstanding assistance and shown a thorough understanding of our business requirements. They are, without a doubt, the market leaders, and the quickness with which they provide services is something to be celebrated. When Shuraa forms a firm, they provide each of their clients with a Power of Attorney, which is an extremely necessary document for any foreigner looking to start a business in the UAE. The assistance from the entire staff has been exceptional, and they have always been able to provide us with solutions to our issues. That Shuraa is the premier Business Setup firm in the UAE is obvious, and I would suggest them to anybody who is considering establishing or expanding their company in the UAE. Jamil Maalouf, CEO of the Dansys Group, says that Shuraa Business Setup is without a doubt the most experienced formation specialists in the United Arab Emirates. I have been doing business with them for many years and have always found their in-house knowledge and professional attitude to be outstanding. Their advise is always beneficial, and they work together to present us with solutions that are appropriate for our requirements. It is important to us that our operation runs well because of the quick turnaround times of their services. I would recommend Shuraa Business Setup to anyone who is interested in starting a business in the United Arab Emirates. Sunil Duggal is the Chairman and CEO of Dabur Healthcare.
Phone: +971 4 4081900, +971 50 7775554
Establishing a Business Zones de liberté Offshore BusinessTrade LicencePRO Services Offshore BusinessTrade Licence Office SpaceVisa and Travel Services Free Zones for Starting a Business Offshore BusinessTrade LicencePRO Services Offshore BusinessTrade Licence Office SpaceVisa and Travel Services
Dubai Free Zone Company setup
Setup a company Zones of No Obligation PRO Services for Offshore BusinessTrade Licence Visitor Services and Office Space Free Zones for Entrepreneurs to Establish Their Businesses PRO Services for Offshore BusinessTrade Licence Visitor Services and Office Space
FREE ZONE BUSINESS SETUP
Organizing a Business Zones de libre circulation Offshore BusinessTrade LicencePRO ServicesOffshore BusinessTrade Licence Office SpaceVisa Processing Business Establishment-Free Zones Offshore BusinessTrade LicencePRO ServicesOffshore BusinessTrade Licence Office SpaceVisa Processing
OFFSHORE BUSINESS SETUP
It is the mission of the AURION Offshore Incorporation team to establish offshore corporations in a variety of countries throughout the world. These jurisdictions include Ajman Offshore, RAKICC Offshore, JAFZA, British Virgin Islands (BVI), Caymen Islands, Panama, and Hong Kong, to name a few. With the bare minimum of papers, we can set up an offshore corporation in as little as 2 days. More Information Can Be Obtained
0
In addition to Ajman Offshore, RAKICC Offshore, JAFZA, British Virgin Islands (BVI), Caymen Islands, Panama, and Hong Kong, the AURION Offshore Incorporation team assists clients in forming offshore corporations in a variety of jurisdictions across the world. We can set up an offshore company in as little as two days with the bare minimum of paperwork. Information about how to obtain further information
PRO Services
It is the mission of the AURION Offshore Incorporation team to establish offshore corporations in a variety of countries throughout the world. These jurisdictions include Ajman Offshore, RAKICC Offshore, JAFZA, British Virgin Islands (BVI), Caymen Islands, Panama, and Hong Kong, among others. We can set up an offshore company in as little as 2 days with the bare minimum of paperwork. More Information may be found here.
TERMINATION OF COMPANY
Our professional staff at Aurion Business Consultants will guarantee that your company’s liquidation in Dubai is as smooth as possible. Syam P Prabhu, B.A. (LAW), LL.B., LL.M., Founder and Managing Director of AURION, is a lawyer by training.
Company Formation in
Dubai, Sharjah, Ajman, and Abu Dhabi are all cities in the United Arab Emirates. Ras Al Khaimah Fujairah Umm Al Quwain Ras Al Khaimah Fujairah Umm Al Quwain
Why Choose UAEfor Business Setup?
The United Arab Emirates is an excellent alternative for establishing a business, acquiring an investor visa, and relocating with family. Firm jurisdictions in the UAE, including the Free Zone and the Mainland, have a great deal to offer clients looking to start a new business in the area. The United Arab Emirates is placed first in the Middle East area in the ‘Ease of Doing Business’ ranking. Foreign investors who want to start a firm and contribute to economic progress will find the government to be quite supportive of their efforts.
Strategic Geographic Location
Particularly popular with international investors are special permits that fall into one of the following classifications. Learn more about the special business license in the United Arab Emirates by visiting the following website: An investor who obtains a Gold Trading License in Dubai will be allowed to trade gold in both the UAE and worldwide markets. Various Free Zones, as well as the Dubai Economy, are offering lucrative Gold Trading License Packages to overseas investors who are interested in the precious metal.
Obtaining an eCommerce License in the United Arab Emirates would allow you to take your business online and expand it easily.
Find out more about e-commerce licenses in the United Arab Emirates right now!
Obtaining a Consultancy License in your field will allow you to expand your business operations.
Industrial Licenses in the United Arab Emirates allow enterprises to establish manufacturing units or warehouses that may be used for assembling, light manufacturing, redesigning, and repackaging of items, among other things. Read more about Industrial License in the United Arab Emirates right away!
Testimonials
It is pleasing to mention that Aurion successfully registered the branch of the BVI Company in the Dubai Airport Freezone, which complied properly with all legal requirements. Thank you to Syam and the rest of the crew. I am a Japanese Chartered Accountant based in NewYork, and my Japanese clients have expressed great satisfaction with AURION’s assistance in the UAE business environment. In fact, I have never encountered a company like yours in the United States. Professionals at this organization are the most trustworthy I’ve ever met.
OurAchievements
Support from our team of highly qualified professionals
WORK OF EXCELLENCE
This section allows for the following features: accelerometer, autoplay, encrypted media, gyroscope, picture-in-picture, and full-screen. AURION Business Consultants – Corporate Video” title=”AURION Business Consultants – Corporate Video”>
AURION Corporate Video
28th of May, 2017 The following attributes are allowed: “allowfullscreen=”” title=”AURION BUSINESS MEET 2018 DUBAI” allow=”accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture; picture-in-picture” allowfullscreen=””
AURION Business Meet 2018 Dubai, UAE
6th of January, 2019 “allowfullscreen=”” allow=”accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture” allowfullscreen=”” allowfullscreen=”” allowfullscreen=”” In order to facilitate the formation of a company, AURION provides a “one window solution.”
AURION – A Single Window Solution for Company Formation in the UAE
24th of March, 2020
Business Setup In Dubai & United Arab Emirates
Please take 5 minutes to view the videos below on UAE or Offshore Company Registration and learn about the advantages of doing business in the UAE or offshore jurisdictions. Then, to get started on realizing your Dubai or United Arab Emirates dream now, scroll down and click on the “Get A Free Quote” option below:.
Prices of the Most Popular Jurisdictions
Please see this link for further information on other jurisdictions. There are more than 200 pages on this website. You can get to the information you’re looking for faster if you search for it in the box provided below:
UAE Company Formation
The 8th of April, 2015
Limited Company Dubai
Limited Company Dubai | The Most Up-to-Date and Best Forms of Incorporation for a Limited.
Offshore Company Formation
Yes, I’d want to start a business in Dubai or the United Arab Emirates. The 27th of January, 2019
Virtual Office
In Dubai, you may find offshore companies to help you start a business at a reasonable price. 30th of September, 2015
Dubai Company Types
Business in Dubai | Run Your Company from Anywhere in the World Types of Businesses in Dubai. “What Our Customers Have to Say”. Varal is a professional organization with which it is a joy to collaborate! … “Mr. Adeel” is a formal title. I am quite pleased with these. I want to continue to utilize their services in the future and would strongly recommend them to everyone. “Muhib Abrar” is a fictional character created by author Muhib Abrar. What has touched me the most is your unwavering support throughout this economic downturn.
It was only after reading your advice that I understood how useful it would be to my clients.
” Mark Swann” is a fictional character.
Please Contact Us at the following address: Varal Consultancy DMCC 608 One Lake Plaza, Cluster T, Al Sarayat Street, Jumeirah Lake TowersDubaiUnited Arab Emirates Varal Consultancy DMCC 608 One Lake Plaza, Cluster T, Al Sarayat Street, Jumeirah Lake TowersDubaiUnited Arab Emirates Office hours are 8:30 a.m.
Monday through Friday.
In the Interest of Your Convenience By clicking on the image below, you can see your performance assurance score.
Our Physical Addresses Cookies are used on our website to provide you with the best relevant experience possible by storing your choices and recognizing you when you return. By clicking “Accept,” you agree to the usage of ALL cookies on this website.
Business Setup in the UAE
We’ll assist you in determining whether option is better for you — a free zone or a mainland location.
✔ MANAGE EVERY STEP
For your convenience, we will handle every stage of the license application process on your behalf, including communicating with all government and free zone authorities on your behalf.
✔ BANK ACCOUNTVISAS
After you’ve obtained your license, we’ll assist you in opening a business bank account and obtaining any visas you may require.
Why work with Trade License Zone?
A face-to-face meeting is the starting point of our personalized approach to customer support. We’ll take the time to get to know you and your company before recommending the configuration that is most appropriate for your requirements. We are company setup specialists who make a difference that you often hear about but seldom see. Contact us today to learn more. We know firsthand what it takes to start a business in the United Arab Emirates since we’ve done it ourselves in the past. Whenever you engage with Trade License Zone, you’ll be assigned to a specialized company setup consultant who will be available to assist you during the application process and beyond.
These services include office and reception assistance, as well as address and mail management, to mention a few.
Dubai Home Business Ideas:
A face-to-face meeting is the starting point of our personalized approach to business. In order to provide you with the best possible advice, we will spend the necessary time getting to know you and your company. It is our expertise in business setup that allows us to make the difference that you frequently hear about but seldom see. Our team has first-hand knowledge of what it takes to start a business in the United Arab Emirates, having done it ourselves. Whenever you engage with Trade License Zone, you’ll be assigned to a professional company setup consultant who will be available to assist you during the whole application process and beyond.
How to start trading business in the UAE
The United Arab Emirates (UAE) is one of the most attractive nations in the world for beginning a trade firm, and it is home to many multinational corporations. Dubai offers international investors and businesses tremendous development opportunities, as well as high.