Dubai offers convenient business possibilities for company formation in Dubai for certain types of business structures in their particular areas. Hence, it is beneficial to set up any kind of company formation Dubai as the government warmly greets traders from across the globe for the motives. Company formation in Dubai has always been smooth and fast with over a decade of expertise in the related area.
Starting a business in Dubai needs a clear understanding of choosing the relevant business structure in Dubai, so you need to understand that Dubai’s best business structure is as it could be, Dubai mainland company, Free zone company or offshore company formation. Start Any Business (SAB) are professional Dubai company formation experts with great integrity, offering best customer service. Our highly trained team of company formation Dubai and UAE company formation professionals make sure that we offer a quick and effective service.
Entrepreneurs can opt from a wide range of company registration options available in the UAE.
Start Any Business (SAB) offers complete assistance for company registration in Dubai. Based on your exact business need and the nature of the business activity, our expert professionals will guide you with the right choice for company formation in the region.
What are the Benefits of Company Formation in Dubai?
- Full repatriation of gains and capital for all kinds of companies.
- No need for a local sponsor for free zone companies and mainland companies with a professional license.
- 100 percent overseas ownership for free zone companies, offshore companies, and mainland companies.
- Offshore companies and numerous free zones are totally tax-free—very little tax on other business jurisdictions.
- Versatile bank account opening and maintenance with the availability of multi-currency bank accounts
- Finest infrastructure and closeness to primary airports and seaports.
- Relatively cheaper, easily available, and competent labor and staff.
- Best residential and commercial structures with modern telecommunication and reliable utility system.
- The business registration method is easy and fast due to the use of advanced technology.
Process of Company Formation in Dubai 2024
The company formation specialists help local and overseas entrepreneurs follow the main steps for Dubai company formation and open the required type of company. Company formation in Dubai is a simple step-by-step procedure. The process for company formation Dubai is recognized as a legal one, and it comprises the registration of company name and licensing of business activity.
- Opt the Name of the Company: When it comes to company formation in Dubai, the first step is to select the name of the suggested company. Each company will opt for a trade name before its creation. The trade name must be different and according to the laws and regulations of DED.
- Select The Business Activity: You need to be aware of your business activity as if you are operating a trading business, you require to set up a commercial license, and in the case of services, you require to set up a professional company.
- Hire The Local Sponsor/ Partner: A local sponsor/partner is needed for the Dubai mainland company setup. Local sponsors will hold 51 per cent shares of a business for an annual fee.
- Choose Office Space: Choosing a relevant area and making a tenancy contract is also needed to set up a company in Dubai. You can also opt for a virtual office in any business centre; however, it varies on the business activity.
- Preparation of the Memorandum of Association: In this step, you need to make the MOA (Memorandum of Association) of the new company.
- Final Submission: Memorandum of Association (MOA), License application, tenancy contract and many other documents will also be needed for final submission as per the kind of company and field chosen for your business.
Why Choose us for Dubai Company Formation?
Business consultants at Start Any Business (SAB) have been setting up new companies in Dubai for years and understand all the ins and outs. They will be glad to provide you with the guidance you need and will most likely already have experience setting up your business type. It depends on experts who will give you the excellent advice that you can guarantee.
Start Any Business (SAB) covers all of the technical and administrative aspects of setting up a business in Dubai- we’ll work with you to determine the most appropriate license based on the activities and services you wish to offer. We will prepare all the relevant legal documents, help with the visa application procedure, and offer corporate bank account opening introductions.
The business services of Start Any Business comprise finding a local sponsor, company liquidation, trade license services, PRO services, etc. Our team of business experts works closely with the Government departments and Free zones to support the company formation requirements and other business-related services of entrepreneurs and investors all over the UAE.
Types of Company Formation in Dubai:
Mainland Company: A Dubai mainland company is also named as an onshore company which is accredited by the Department of Economic Development (DED) of Dubai. Company formation Dubai mainland allows companies to trade within local markets as well as to conduct business internationally.
Free Zone Company: Free zones in Dubai or in UAE are designed to conduct international business or business between the free zones. When Dubai’s freezone business setup enables you to enjoy all the advantages of no tax and import duty exclusions that mainland Dubai companies have, it also provides you with 100 percent ownership over your company.
Offshore Company: Most of the businesses prefer to set up an offshore company, also known as the non-resident company, in Dubai however this is the best choice to manage the international business only and you cannot do business in UAE under the offshore company Benefits.
Types of Business Licenses Issued in Dubai:
Establishing a company in Dubai mainland requires obtaining a business license, as operating without one is against the law. The Department of Economic Development (DED) is responsible for issuing these licenses. The selection of the license type depends on the nature of your business.
- Commercial License: Ideal for businesses involved in trading, importing, and re-exporting goods, covering sectors such as wholesale and retail trade, construction, transportation, communication, and financial intermediation. Foreign investors holding a commercial license in Dubai mainland enjoy full ownership – that’s 100%.
- Professional License: Suited for businesses providing services in education, health, social work, or personal services. It’s tailored for individuals practicing their skills in a specific field.
- Industrial License: Necessary for companies engaged in robust activities like manufacturing, mining, quarrying, or utilities such as electricity, gas, and water. These activities often require a significant capital investment.
Legal Structures to Consider in Dubai Company Formation
When you’re setting up a company in Dubai Mainland, picking the right legal structure is a big deal. The DED gives the green light to a few options:
Sole Proprietorship: This one’s for those setting up a company in Dubai with just one shareholder. The owner, who’s also the shareholder, calls all the shots and takes on all the responsibilities for profits and debts. Foreigners can kick off a sole establishment under professional activities.
Limited Liability Company (LLC): A popular choice, LLC allows 2 to 50 shareholders. Each shareholder is only responsible for what they invested. Foreign investors can grab 100% ownership in certain activities, like getting a General Trading License.
Civil Company: Made for partnerships in fields like medicine, law, engineering, and accounting. Any nationality can be part of this kind of company in Dubai, but if there are no UAE or GCC nationals in the partnership, you’ll need a Local Service Agent (LSA).
Single Person LLC: Not the same as a sole proprietorship, a Single Person LLC can be owned by an individual or a company. Your liability is just up to the shares you hold.
Branches of Local & Foreign Companies: If you’re a company from the UAE or somewhere else, you can open up branches in Dubai mainland. The branch has to do the stuff mentioned in the parent company’s license. If you’re looking for help, business setup consultants in Dubai, like Start Any Business, can guide both local and foreign companies in setting up their branches.
Getting a business license is a big deal for entrepreneurs in Dubai Mainland. The kind of license and the legal structure you go for depend on what your business is about and what you like. Talking to business setup experts can be a smart move, helping you figure things out and make sure you’re following all the rules set by the Department of Economic Development.
Advantages of Company Formation in Dubai
Dubai is a tax-free haven for business people from all over the globe. Your personal and corporate would be 100% exempt from any kind of taxes. It means any profits from your business and your personal pictures would be exempt from taxes. Businesses established in the free zone receive a lot of advantages.
The local officials in Dubai are visionary. They are transforming Dubai into a worldwide location for business people. You can expect them to constantly give incentives for business entities. There is a continuously formulating system that is making Dubai more friendly for overseas visitors from every corner of the globe.
There is the ease of doing business in Dubai is one of the big and major attractions for business people. The United Arab Emirates ranks higher in the globe index in terms of ease of doing business. However, this is even easier in Dubai due to the investor-friendly infrastructure and the abundance of business advisors. Our experts will not only start your business but also assist you in running the business after establishment.
Dubai has high-quality infrastructure that promises the most suitable facilities available recently. A sound infrastructure is very crucial for the future of any kind of business. Dubai was created with the assistance of the best leaders and engineers. Its capability to withstand probable natural disasters and regional imbalances is actually effective.
When you are starting out, Dubai gives a comprehensive variety of activities of the business to select from. Businesses need the flexibility to conduct business smoothly and Dubai officials understand this. The free zine and the mainland give a variety of legal forms and business licenses. Hence, you can select the most suitable one for your venture and for your personal requirements as well for the beginning. Dubai business centers also provide different kinds of office spaces, which further increases the business flexibility.
Previously, overseas investors required a UAE local partner to begin their business on the Dubai mainland. They can just hold 49% of the shares of a business, while the rest 51% of shares are owned by the Emirati. However, that rule is not applied anymore. Expect some strategically vital fields such as the oil and gas industry, overseas can get 100% ownership of their business in the booming United Arab Emirates.
Dubai isn’t just alluring business people, but workers and professionals as well from every corner of the globe. You can also obtain work permits and visas for any overseas person you appoint hence they can visit UAE and perform for you. It is all thanks to liberal worker laws in Dubai.
The residence regions in Dubai are a few of the most modern across the globe. Getting a long-term residence visa in Dubai is easy when you have an enterprise in this emirate. The UAE government has introduced the golden visa for business people and exceptional students.
The United Arab Emirates is the most politically sustainable nation across the Middle East. You can relax that your business entity would not suffer because of regional instabilities. Businessmen already have more things in their thoughts and there is nothing to worry about.
Dubai is said to be the door between the East and West. Its strategic destination makes it the best and most suitable for international businesses to access a comprehensive client base. Its proximity to China and India makes it an ideal spot for some businesses as well.
Frequently Asked Questions
There is a range of benefits of Dubai company formation. The benefits are –
- Zero tax regime
- Safe and strong financial club
- An educated supply of human capital with diverse expert experience
- Mo capital repatriation restrictions. And a lot more.
For Company Formation Dubai, you just need to complete some important steps. In order to make your registration procedure easy, then connect with the business setup consultants who will surely guide you throughout the business formation or registration procedure in Dubai.
If you are a foreigner and looking to set up a company in Dubai, then connect with the business setup consultants at Start Any Business will assist you. With the appropriate advice, help, and guidance from professionals.
You have to check with individual free zone authorities about the kind of company they can register. Refer to the list of free zones and their officials. Anybody can start a business in Dubai as per the rules and regulations.
The registration cost to form a business in Dubai usually ranges from AED 22,000 to AED 24,000. This translates from about USD 6,000 to USD 6,500. Although, this price doesn’t comprise the fee incurred in getting a business license and other miscellaneous costs.
Start Any Business recognizes the uniqueness of every business. Hence, we provide tailor-made solutions to fulfill your specific company formation needs. Whether you aim to establish a company in a free zone or on the mainland, we are ready to offer assistance and support at every stage of the process.
Numerous industries and sectors are open for individuals interested in company formation in Dubai. Thriving sectors include Retail, Hospitality, Tourism, IT, and more. Explore these top lucrative business options for your Dubai company formation.
When picking the best place for your business, you need to consider various factors. We suggest getting help from business setup consultants for these decisions, but in general, you should think about:
- Nature of Business: The type of business you have affects where it should be. For instance, tech companies often like free zones like Dubai Internet City.
- Target Market: Choose a place that’s easy for your main customers to reach.
- Infrastructure Needs: If shipping internationally is important, being close to ports like Jebel Ali Port is helpful.
- Budget: Different areas have different costs for rent and operations, which affects your decision.
- Legal Requirements: Some business activities are restricted to certain zones, so that influences where your business can be.
It depends on what kind of business you’re starting. If it’s a Mainland company, you have to have a physical office according to DED rules. But if it’s a free zone company, you can go for a flexi-desk, which is a cheaper option than a full-time office. Or, you can choose a virtual office, allowing you to do business without a physical place in Dubai.
For your company formation in Dubai within any of the three business zones – Mainland, Freezone, and Offshore, the expenses vary depending on the chosen zone. Contact Start Any Business today to discuss all the costs associated with your Dubai company formation.
Business setup consultants, such as Start Any Business, help you through the entire process of starting a business. They assist in choosing the right business activity and name, navigating through free zone or mainland setup, and handling all the necessary paperwork for your business license and opening a corporate bank account. At SAB, we’ve built strong connections with government departments, agencies, banks, and insurance companies. This can be a real advantage as you kick off your business. We’re familiar with the local rules, laws, and the hurdles you might face, which means less hassle for you. Our main aim is to make setting up your business smooth and straightforward, letting you concentrate on running it once everything’s in place.
The procedure to secure employment visas and residence visas for your staff includes several steps:
- Start by applying for an entry permit or employment visa for your employee. This serves as a temporary visa valid for 60 days while the residence visa is in the processing stage.
- After the entry permit is granted, arrange for a medical check-up for your employee.
- Apply for an Emirates ID and then proceed to apply for the residence visa. Keep in mind that if your business operates within a free zone, you’ll need to coordinate with the respective free zone authority to kickstart the work permit and residence visa process.
Get in touch with SAB to discuss the procedure and steps for your company formation in Dubai.
In Dubai, the types of businesses are kind of like categories. You’ve got Joint Liability Company, Limited Partnership, Public Joint Stock Company, Private Joint Stock Company, Limited Liability Company, and Sole Proprietorship. These are the main ways businesses are sorted here. Connect with our Company Formation Dubai experts for the best advice and support in selecting the suitable category for your business ideas.
There are mainly three company structures for establishing a business in Dubai: Mainland, Freezone, and Offshore. The regulations overseeing each of these structures vary. Our experts in company formation can guide you through the specific details of each.
The ideal place for company formation in Dubai depends on your specific business needs. Opt for offshore or free zone setups if your aim is to maximize tax savings and maintain independence. Keep in mind that mainland business setups come with certain limitations.
Мурат Исраилов2023-11-16Very professional. Office located in the city center. Thank you very much Marina, Lara, Amulu, Sumit
Masood Hnr2023-10-26Something I really appreciate about Nikita is نيكيت هو موظف جيد وينجز مهماتنا بسلاسه ويستقبلنا كل يوم وهو سعيد وهو إنسان صبور جدا وتعامله لطيف
Yeshwanth Iyer2023-10-26i just need to tell about services by Mr.Nikit is fast accurate and punctual ....anyone can trust . all the best and thanks for your support
Shahad Hussain2023-10-26Nikit is realy good pro and he is good with handling work and he is so kind and patient with us
Salamah Sabah2023-10-26I am happy to deal with START ANY BUSINESS COMPANY because it is easy to deal with and explains everything that needs to be done. Especially Nikit, he is a person who smiles all .the time and he is easy to deal with
asma Mohammad2023-10-26Nice company and fast service and pro name nikit mehta very good in knowedge hardworkig and great
خلود خليل محمد عبدالله البلوشي2023-10-26A very wonderful company and their treatment is good. There is a pro whose name is Nikit MEHTA very nice and his treatment is very nice and good communication ✨✨
Zulikha Saleh2023-10-26من افضل الشريكات و لديهم الكثير من الخبرات و يحترمون الناس كثيرا اتمنى لكم كل النجاح و نكيت هو محترم جدا و اتمنى له التوفيق في عمله و النجاح لان هو شخص متميز في العمل و يقدم الكثير من الخدمات و يقدم الكثير من المجهود و شكراً لكم.
michael arcilla2023-10-24Sab team thank u for the quick response regarding my inquiry.Highly recommended company.
AJITH PS2023-10-24It was a great experience with start any business, excellent team especially Preethu and her team was excellent and ready to solve and clarify our queries at anytime..Highly recommend.
