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Do You Want to New Company/Business Setup in Dubai, UAE?
If You are Planning for New set up a company / business in Dubai, UAE with 100% ownership? Do you want a low-cost of Company setup in Dubai, UAE? Looking for a quick Business Trade License? If your answer is yes, then Company Setup Consultants can help make your dream of having your very own business come true.
UAE is the time-saving and ideal destination to set up a new company/Business in Dubai. UAE has become the center of trade and business in the whole world. Entrepreneurs and investors from all around the world are coming to Dubai and UAE to start their very own businesses and make investments. The rules and regulations of Dubai create the best environment for businesses to grow. With the help of the right professionals, you can start company formation / registration in Dubai and other business / company related operation in no time.
If you are planning to start or set up a business in Dubai, Mainland business setup, free zone business setup, the government has taken different initiatives and added new rules and regulations. They are giving different advantages like tax benefits, quick setup, and many others to support the entrepreneurs. As a result, Dubai is attracting entrepreneurs from all over the world. Entrepreneurs from all around the world are coming to Dubai to capitalize on the opportunity by starting their very own businesses.
However, the Cost of Business Setup in Dubai is especially attractive to many entrepreneurs and businessmen from all around the world. This is because the company setup in Dubai provides some more benefits that help it stand out from the rest of the emirates.
Business Setup in Dubai
Starting a business in Dubai is one of the best decisions you can make right now as an entrepreneur. Starting a business in Dubai is quite simple, thanks to the steps taken by the government. But it still comes with some complexities. Apart from following the rules and regulations of the local authority while starting a business in Dubai, you will also need to make some complicated business decisions. You will need to choose the location of your business operation, choose the type of business activity you wish to perform, apply for a business license, and many others. If this is your first time forming a company in a foreign country, you should hire professionals to help you through the whole process.
Company Setup Consultants is one of UAE’s biggest and most prominent business setup consulting company in Dubai. Starting your business is a formidable task and you need assistance from business setup consultants who have years of experience and know which path to choose to help you succeed. And, we as Company Setup Consultants are regarded as one of the major consultants who will not let you down. With the help of Our consultants, you can set up business / company in UAE and start your business operation in no time.
What are the process of Company Formation in Dubai, UAE?
UAE, Dubai Company Setup Packages
Our Business Setup Services
it's, in fact, all very easy with company setup.
Whether you are a start-up or an entrepreneur, setting up your business can be challenging. Company Setup Consultants helping you to achieve DED approval to Trademark registration, our expert consultants will guide you through the entire registration process.
PRO Services play a vital role once you need business licenses, immigration, and trademarks. Our strong relationship with government entities ensures faster license renewal, document approvals, immigration cards as well as labor contracts.
Our expert Visa service consultants will ensure you are fully equipped with the right knowledge and will provide you with guidance on how you can meet the requirements for an investor visa and Emirates ID to start your business in the UAE.
The process of getting a business license in the UAE involves getting approvals from the government and DED. Our expert consultants will ensure the documents are correct and cleared so you can kickstart your business as soon as possible.
What Documents are Required to Start a Company in Dubai?
The documents required to set up a company in Dubai will depend on the type of business you want to start in the city. This means that the documents you will require will depend on the company structure you select and the business activities you want to perform.
However, most of these documents required will be very easy to procure if you have the necessary means of running the business you want to start. For example, if you want to provide healthcare services in Dubai, then you will be required to provide the necessary educational certificates.
Here are the documents that you can expect to provide regardless of the type of business you want to start in Dubai:
- Two passport-sized colored pictures of all the shareholders in the business.
- Copy of the passport of all the shareholders in the business.
- Copy of the visa pages of all the shareholders in the business.
- A Memorandum of Association (MoA).
- The trade name registration certificate.
- The tenancy contract and EJARI.
- The completed application form.
The fees also vary depending on where you choose to start your business and the business activities you mean to perform. However, you can expect to pay anywhere from AED 10,000 to AED 15,000 for the business trade license.
If you want to get started with your own Company Formation in Dubai and the UAE, contact us today.
Why Choose Company Setup in Dubai, UAE?
Company Setup in Dubai have the necessary expertise, knowledge, skills, and competency to get your business started in the UAE with a jumpstart. Company registration in Dubai is our area of expertise since our agents have been in this field for a very long time. So, if you want your business setup in Dubai, you have come to the right place.
For any foreigners getting started a Business in Dubai and the UAE for the first time, the Dubai business setup process may seem a bit complex and intimidating. In fact, company formation in Dubai is very easy with the help of Company Setup agents in Dubai. Whether you are a start-up or an entrepreneur, setting up your business can be challenging. Helping you achieve DED approval to Trademark registration, our expert consultants will guide you through the entire registration process.
PRO Services play a vital role once you need business licenses, immigration, and trademarks. Our strong relationship with government entities ensures faster license renewal, document approvals, immigration cards as well as labor contracts. For a company setup in the UAE, you need an investor visa and an Emirate ID. Our Company Setup agents in Dubai will ensure you meet the requirements to obtain these necessities for your Dubai company setup.
Our agents have the expertise and knowledge required to start your company without any hiccups. To start a business in the UAE, you need to complete the license registration process. The registration process of the company setup in Dubai is regulated by the Department of Economic Development. Our consultants have developed a connection with the relevant authorities since they have been working in this field for such a long time. So, kickstart your business in the UAE with the help of Company Setup Consultants Dubai.
Want to know Our Company Setup Services?
Company Setup Consultants are reliable and professional. They are helpful and professional in business set up, visa processing, immigration, PRO Services, etc. We are happy with their services and would definitely recommend them.
Our mainland company setup process was made seamless and completed within a matter of 3 days. The consultants are extremely knowledgeable and professional. Perfect solution for anyone starting up in the UAE.
Advantages of setting up a business in Dubai
- Affordable and Ease of Doing Business.
- Exemption from Taxes
- Lenient Authorities
- Excellent Infrastructure
- Versatility and Flexibility
- Limited Ownership Restrictions
- Worldwide Talents
- Excellent Living Conditions
- Stable Conditions
- Geographical location
- Complete registration and formation of the company within a few hours.
- Hassle-free registration process.
- Experienced agents and consultants to handle all your needs.
- Specialized services according to your business needs.
Frequently Asked Questions on Business/Company Setup in Dubai
You can set up a business in Dubai by following the steps given below:
- Finalize your business activities
- Select the company structure (Sole Proprietorships, Partnerships, Corporations, LLC, Free Zone Company, Holding Company)
- Choose and register the company name
- Select a Business Location
- Rent or lease an office space
- Obtain a business license
- Apply for visa
- Open a corporate bank account
The Department of Economic Development (DED) in Dubai is responsible for handling the registration of new businesses in the mainland. You will have to undertake several of the steps in the registration process while dealing with the officials at the DED.
You can register a company in the UAE with a very limited starting capital. This goes to say that people with varying levels of budget can start their own company in the UAE. This is because there are various factors that go into starting a business here.
And each of these factors will differ from one company to the next. As a result, the actual cost to register a company in the UAE will differ from business to business.
Here are the three main areas where your cost will differ when you want to register a company in the UAE:
First and foremost, depending on the business activities you want to perform, you need to obtain a business trade license for your company. This is because the license ensures that you can perform your business activities legally in the UAE. However, there are different types of business trade licenses in different economic zones in the country.
Additionally, the cost of these licenses differs as well. This is why the cost of obtaining the business trade license will depend on the economic jurisdiction and the business activities of your company.
All businesses in the UAE need to obtain office space for their operations before they can register their company in the country. This is because it is a mandatory step from the government of the UAE.
However, there are various options when it comes to obtaining office space in the UAE. Besides the different types of office space in the UAE, you will also need to decide whether you want to rent or lease office space.
Last but not the least, after the successful registration of your company in the UAE, you need to start performing your business activities. However, as different businesses perform different activities, the starting capital requirement to kick off your business operations will differ from other businesses.
A foreigner can own a business in Dubai by starting a business in one of the free zones. Dubai Government allows you to retain 100% ownership if you start your business in the free zone. You will need a local sponsor who will own 51% of the business if you start your business on the mainland.
The cost of starting a company in Dubai will depend on a lot of factors starting from your choice of location to the size of your business. For example, there are economic jurisdictions in Dubai where you can start your business.
They are the mainland, the free zones, and the offshore companies. To clarify, the cost of starting a business in Dubai will vary depending on which of these economic jurisdictions you choose for your company.
Generally, starting a business in a free zone is cheaper than starting a business on the mainland. If you have any questions regarding the economic jurisdictions, you can contact the Company Setup experts.
To give you a general idea of the cost of starting a company in Dubai, the cost of setting up a Limited Liability Company in Dubai is approximately AED 22,000 which translates to around USD 6,000.
Additionally, it is mandatory to get an office space when starting a business in Dubai. However, if you want to start an online business and do not need a physical space for your business operations, then you can opt for a virtual office which is significantly cheaper than any physical office space.
Most business owners choose to live in Dubai with a residency visa because of the high quality of life here. However, it is not mandatory to have a permanent residency visa to find success in Dubai. This means that you can easily open a company in Dubai without a residence visa. To do this, you can contact Company Setup experts, who will start your company in Dubai for you.
As a result, you do not need to move to Dubai permanently to open a business here. However, there are certain factors that you need to be aware of if you do not plan to move to Dubai permanently.
For starters, you need to work with a local sponsor to start your business if you do not want to move to the UAE. However, they will not be involved in the decision-making process of your company and will require a small fee for their services. Additionally, you can easily start a company in one of the free zones in Dubai without a residency visa. Whichever route you choose to start your company in Dubai without a residency visa, you can contact the Company Setup Consultant to make your life easier.
Here is the process you can follow to register your online business in Dubai:
- Finalize the legal framework for your business
- Select a location.
- Choose and register a trading name.
- Apply for a license.
- Apply for an initial approval certificate.
- Draft an MOA.
- Rent or lease a physical office in Dubai.
Here are the available types of company structures to set up a business in Dubai:
- Sole Proprietorships
- Limited Liability Company (LLC)
- Free Zone Company
- Holding Company
Dubai is the best place for you to start your business. The economy of Dubai is growing exponentially. So, you can expect stable growth for your business. The is no corporate or personal tax. Dubai also has a world-class infrastructure and transportation.
Yes. An Indian can easily start a business in Dubai and enjoy the benefits like no tax, low import duty, advanced infrastructure, and many others. The tax benefits in Dubai outweigh the taxation policy of India. So, starting a business in Dubai is very lucrative for an Indian.
Setting up a business in Dubai is beneficial for an entrepreneur in many ways. Here are the main advantages of setting up a business in Dubai:
- Huge tax benefit
- Easy and quick setup process
- Advanced infrastructure and business-friendly environment
- Can Retain 100% ownership if set up in the free zone
- No local sponsor is required if set up in the free zone
- Availability of skilled workforce
- 100% exemption from import and export duties.
- 100% repatriation of capital and profits.
- No limitations or restrictions regarding minimum starting capital.
- No limitations when recruiting.
- No requirement for annual audits.
- Visa sponsorship opportunities based on office size.
- Available and flexible office spaces
Besides these, there are countless benefits of starting your business in one of the free zones in Dubai. Different free zones provide different benefits and cater to the needs of different businesses, so do your own research before selecting an economic zone for your business.
Strictly speaking, a free zone company is allowed to do business within its own boundaries only. However, there are several ways a free zone company can do business in mainland Dubai, or even internationally.
There are certain business activities that are allowed. That means if you provide certain services from a free zone, you can also provide those services on the mainland without any restrictions. In cases of business activities that are not allowed for free zone businesses, they can still provide those through a middleman, also known as a local service provider.
Another way is to acquire specific licenses and documentation from the Department of Economic Development in Dubai that allows you to perform those business activities in the mainland. You can establish a branch office or limited liability company on the mainland and perform your business activities as well.
Alternatively, you can sell your products through a DED-licensed distributor on the mainland from the free zone you are in. These distributors can operate on the mainland on your behalf for a small fee.
The exact cost of starting your company in one of Dubai’s various free zones will vary depending on a lot of factors. For example, it will depend on the free zone you select, the type and size of the office space you choose, the company structure you choose, etc. Many free zones have a minimum starting capital requirement that you need to meet in order to set up a company there.
Here are some of the biggest costs related to starting a business in Dubai:
Company Registration Fee:
The registration free will depend on the free zone you select for your business. However, it does not vary too much. The range of the fee for registering your company in one of Dubai’s free zones is around AED 9,000 to AED 10,000.
Trade License Fee:
The trade license fee is a recurring cost, and you need to pay it again when you renew your trade license. The amount of the trade license fee will depend on the type of trade license and business activities you mean to pursue. It will range anywhere between AED 10,000 to AED 50,000 per year.
Office Space Rent:
The rent of the office spaces varies vastly depending on the type and size of the space you get. You can rent serviced desk spaces in Dubai which cost around AED 15,000 to AED 20,000.
The minimum capital requirement will also depend on the free zone you choose for your business. Many free zones do not have a minimum capital requirement, while some have a requirement of AED 50,000.
In the past, you had to have a sponsor to own a business on the mainland. Only free zones allowed foreigners to own 100% of a business in the UAE. But the free zones were catered to the needs of certain businesses only. And there were certain restrictions and limitations in the free zones that made them unattractive to many foreign entrepreneurs.
If you wanted to own a business on the mainland of UAE then you could only own 49% of the business, even if you were the founder of the business. The rest of the 51% had to be owned by a local sponsor. This was a big red flag for businessmen and entrepreneurs from other countries who were interested in the UAE.
However, the government of the UAE had made some amendments to their previous laws. Now, most of the sectors allow 100% of ownership to foreigners all throughout the UAE. That means, you no longer need a local sponsor to start a business in the UAE.
The only sectors where 100% ownership is still not available for foreigners are the sectors that are strategically important to the UAE. For example, 100% ownership for foreigners is not possible in the oil and gas sector, the transportation sector, weapons manufacturing sector, etc. You can only own 49% of a company in these sectors as a foreigner in the UAE.
You do not need to form your own company in the UAE though. You can easily invest in any of the public companies in the UAE. The UAE recently announced the golden visa that allows long-term residency for foreigners.
Non-residents can open bank accounts in Dubai. However, most of the banks in Dubai allow non-residents to open a saving account, not a current account. Non-residents also cannot receive a checkbook. They are issued debit cards that can be used to withdraw money.