The Process of Company Formation in UAE
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Once you decide the performed activities and the legal structure of your company, you can issue the trade license and register your business, then you’ll be ready to go! All you need is an experienced consultancy company like ours to start a fast and cost-effective process.
It is a process of registering the business as a limited company at the companies’ house. In this way the business is considered to be a legal entity.
The main benefit of the company formation is to create a professional corporate image as well as allows the management to handle their personal remuneration.
The most important steps to form a company in Dubai includes:
- deciding a local partner,
- getting a name and activity approval from Department of Economic Development (DED),
- look for location, and tenancy contracts
- make a memorandum of association (MOA) with sponsor.
Setting up business in Dubai is quite easy and highly convenient. It is possible to open or start a company outside the Emirates if you wish.
The process includes the use of online verifications and payments methods. You can contact us for contacts, choices, and budget plans.
Yes, setting up a local office in Dubai is mandatory as without it, no business or company can manage any business activities inside the region. The opening of local office is very easy, cost efficient and highly convenient.
The corporate income tax in Dubai is not applied. In other words it stands at 0% (Zero Percent).