Starting a company in Dubai involves several steps and considerations. Here are some points to help you get started:
1. Determine the business activity: Decide on the type of business activity you wish to engage in. Dubai offers various options, including trading, services, consulting, manufacturing, and more.
2. Choose a legal structure: Select the appropriate legal structure for your company. Dubai provides options such as mainland companies, free zone companies, and offshore companies. Each has its own regulations and benefits, so research and choose the one that suits your business needs.
3. Decide on a company name: Choose a unique and appropriate name for your company. Ensure it complies with the naming conventions and regulations set by the relevant authority, such as the Department of Economic Development (DED) for mainland companies or the free zone authority for free zone companies.
4. Determine shareholding and ownership structure: Determine the shareholding and ownership structure of your company. This will depend on the legal structure you choose and any local ownership requirements. Some free zones allow 100% foreign ownership, while mainland companies may require a local partner or sponsor.
5. Prepare the required documents: Gather the necessary documentation, which typically includes:
6. Obtain initial approvals and clearances: Depending on your business activity, you may need to obtain specific approvals or clearances from relevant government entities or regulatory bodies. For example, certain industries like food and healthcare require approvals from the relevant authorities.
7. Submit the application and pay fees: Once you have the necessary documents and approvals, submit your company registration application to the appropriate authority. Pay the required fees, which will vary based on the legal structure, business activity, and additional services you require.
8. Receive your license and legal documents: After the application is processed and approved, you will receive your company license and legal documents. These may include a trade license, certificate of incorporation, memorandum of association, share certificates, and more.
9. Fulfill additional requirements: Depending on your business activity, you may need to fulfill additional requirements, such as opening a corporate bank account, obtaining visas for employees, registering for VAT (Value Added Tax), and other regulatory obligations.
It’s important to note that the specific procedures and requirements may vary depending on the legal structure, business activity, and jurisdiction you choose within Dubai. It’s recommended to consult with professional service providers or business setup agencies in Dubai, as they can guide you through the process, provide personalized advice, and ensure compliance with all legal requirements.
We handle all the minor and major processes including registering your company in Dubai, setting up offices, company formation in Dubai, Partner visa in Dubai, VAT services, etc.
Both new and existing firms in Dubai must abide by rigid frameworks set forth by the UAE Government. We offer quick and dependable business setup services in Dubai for businesses in the mainland, FreeZone, and offshore based on the rules.
For start-ups, medium-sized businesses, and large corporations in Dubai, we offer a variety of business establishment services. Brand protection, bank account creation, PRO services, company liquidation, and many other services are among our offerings.
To learn more about the laws that apply to your particular industry, speak with one of our business setup advisers.
Here are some of the important FAQs.
“The allowable company structure in Dubai are as follows:
“According to facts and figures, United Arab Emirates is one of the world’s fastest-growing tax havens, with over $200bn flowing into the country, according to the Tax Justice Network.