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FAQ - Frequently Asked Questions on Company Setup in Dubai, UAE

It’s the goal of every entrepreneur to set up a company or business in the United Arab Emirates (UAE). There are numerous reasons why commercial entities and businessmen want to establish a company in UAE. Some of the reasons are strategic locations, global expansion, less restrictions, tax savings, and many more.

If you want to set up a company in the United Arab Emirates, there are multiple options to register a company or business in the UAE. You can start your business or company in Dubai, Sharjah, Abu Dhabi, and Ajman. All these cities of UAE are preeminent localities to set up a business.

Each city in the UAE has a set of processes that needs to be followed for the company to be set up. With the help of Start Any Business (SAB) inclusive packages, you can set up a business in UAE in the most reasonable and effective way.

The company structure available in the United Arab Emirates includes the Mainland company, Free zone company, and offshore company.

Each city in the UAE has a set of processes that needs to be followed for the company to be set up. With the help of Start Any Business (SAB) inclusive packages, you can set up a business in UAE in the most reasonable and effective way.

Yes, it is easy to start a business in the United Arab Emirates (UAE) as the UAE government offers specific benefits to overseas traders. If anyone wishes to start, free zone, and offshore company in UAE, then it is very quick, easy, and cost-efficient. And if anyone wants to start a mainland company, then it needs to have a partnership with UAE nationals.

The mainland company in UAE is also known as the onshore company. Mainland Company permits to do business in the local market and outside the UAE and is licensed by the Department of Economic Development (DED’s).

The Free Zones company in the United Arab Emirates integrated within the appointed administration of the Emirate, where the company is permitted to do business in the similar free zone. The UAE has more than 40 free zones.

The offshore company is the one set up in another administration, while its root company is in another country.

Yes, the owner has to visit to sign up the documents and to open the bank account.

There are several formalities to open a bank account, but with Start any Business (SAB), you can easily opening a bank account to set up your business in the best banks of UAE.

Yes, it is possible to obtain a trade license in Dubai without renting an office space. Dubai offers a virtual office service, which allows you to register your business and obtain a trade license without having to rent a physical office space. 

With a virtual office, you will have access to a mailing address and telephone number for your business, and you can conduct your business operations remotely. However, please note that some activities may require a physical office space, such as certain types of import/export, manufacturing, or storage and it’s best to check with the relevant authorities.  

There is a range of activities that professionals in Dubai can run, based on their sector of specialization. Some instances are – 

  • Business and finance: 
  • Engineering and construction: 
  • IT and technology: 
  • Healthcare: 
  • Education: 
  • Retail and hospitality: 

Yes, it is possible to operate a small business while working as a worker with another employer in Dubai, UAE, but this is subject to some terms and limitations. As per the UAE labor law, a worker is restricted from involving in any activity that is in competition with their employer throughout the term of their employment agreement. 

In addition, permission from the current employer is essential prior to initiate a new business. If the employer approved, this is crucial to make sure that the business activities don’t interfere with the worker’s performance or duties at the current employer. 

Starting an import-export business in UAE can be a bit tough, but with the right resources and experience, this can be beneficial. Some important steps comprised – 

  1. Research the market
  2. Obtain a trade license
  3. Register for VAT
  4. Get a Chamber of Commerce membership
  5. Obtain necessary certifications and licenses
  6. Hire a freight forwarder
  7. Find a local partner
  8. Open a bank account

It’s important to note that the process of starting an import-export business in the UAE can vary depending on the type of product you want to import or export, that is why business consultants’ assistance is important for business people. 

A Limited Liability Company (LLC) is a kind of business framework in the UAE that permits many stakeholders to hold and run a company. In a limited liability company, the stakeholders are only liable for the corporation’s debts and duties to the extend of their equity. 

The LLC is a famous business framework in UAE as it permits foreign investors to hold 49% of the company, while the rest 51% should be owned by a local sponsor, who works as a representative of the company and gives assistance in legal and governmental matters.

In Dubai, LLC stands for “Limited Liability Company”. When you use LLC after the name of your company, its means that the corporation is organized as an LLC, which is a business framework that restricts the personal liability of the stakeholders for the debts and duties of the company. 

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