Are you a UK business owner looking to broaden your business horizons by tapping into the rapidly expanding market of the United Arab Emirates (UAE)? Shifting your company to Dubai can offer a myriad of advantages, from its strategic location to a welcoming business environment and access to a thriving market.
This comprehensive guide will guide you through the essential processes and considerations necessary for expanding your UK business into the UAE. With Dubai’s strategic geographic position, top-notch infrastructure, and favorable business regulations, it presents an enticing destination whether you’re contemplating opening a new branch, relocating your headquarters, or exploring fresh avenues for growth.
At Company Setup Consultants, we specialize in simplifying the process of setting up a company in Dubai from the UK. Our experienced consultants have assisted entrepreneurs from various sectors worldwide in realizing their dreams by providing expert consultancy and support for establishing business ventures in Dubai.
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Why Move Your UK Business To Dubai & The UAE?
Discover the myriad reasons to consider relocating your UK business to Dubai and the UAE, ranging from strategic geographic advantages and a business-friendly environment to tax incentives, exceptional infrastructure, diverse commercial opportunities, and a rich cultural tapestry, making the UAE an ideal destination for UK business expansion.
Benefits of Moving Your UK Business to Dubai & the UAE
with over 5,000+ uk firms branching out and establishing entities in the uae, numerous advantages come with moving your uk business to dubai, including:
- UAE standing as the uk’s largest export market in the middle east and globally.
- UAE ranking as the uk’s fourth-largest export partner outside of the European Union.
- minimal corporate tax and zero percent personal tax.
- A liberal trade regime that attracts capital from across the uae region.
- UAE is significance as a key market for re-export into other countries.
- UAE serving as an entry route to other gcc countries, north africa, asia, and beyond.
- business conducted primarily in english, the most common language in the uae.
- well-established infrastructure, a robust banking structure, and a stable political system.
How to Move My UK Company to Dubai & the UAE?
Numerous factors should be taken into account for both the present and future of your business. It is advisable to seek guidance from a professional business consultant who can discuss your options based on:
- Budget – assessing the feasibility of relocating your business to Dubai.
- business activities – ensuring the ability to conduct relevant activities for your business in Dubai.
- location – determining whether you need an office, warehousing, access to ports, and airports, etc.
- visa requirements – understanding the visa process for you, your family, and employees.
- Banking – exploring available banking options aligned with your business license.
- Ongoing Support: staying informed about your business obligations for ongoing compliance after completing the company setup.
Remember, it’s crucial to work with experienced consultants who can guide you through each step of the relocation process, ensuring a successful transition for your UK company to Dubai and the UAE.
Steps to Set Up a UK Company in UAE Free Zones
Step 1. Choose a Trade Name:
Select an appropriate trade name for your company, as it will be used for various company assets and communications.
Step 2. Determine Business Activity and Structure:
Identify the nature of your business activity and choose the suitable company structure and Free Zone facilities based on your requirements. Seek assistance from professionals like Company Setup to make informed decisions.
Step 3. Submit Application:
Complete the application form, finalize the trade name, and provide shareholder details (passport copies, photographs). Pay the required fee to the Free Zone.
Step 4. Secure Office Space:
Prepare a tenancy contract for your chosen office space. company setup consultants will help you find the right office location and handle the paperwork with the Free Zone for issuing the office keys.
Step 5. Review Process:
Submit the necessary documents for review and undergo the review process conducted by the Free Zone.
Step 6. Receive Business License:
Once the documents are approved and the business license fee is paid, the Free Zone will issue your business license, enabling you to conduct the specified business activity.
Step 7. Residence Visa and Bank Account:
With the obtained trade license, you can apply for a UAE residence visa and open a corporate bank account for your company. Physical presence may be required for medical examinations, Emirates ID application, and opening bank account , although some processes may be conducted online due to current circumstances.
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Documents Required to Set Up a UK Company in Dubai
When setting up your UK company in Dubai, you will need to provide certain documents. While the process may seem complex, having an experienced business consultant can simplify it for you. Here are the standard documentation requirements:
- Detailed business plan
- Completed new company setup application
- Copies of passports and utility bills for Ultimate Beneficial Ownership (UBO) shareholders, directors, and the general manager
- Copies of relevant UK company documents (if applicable)
- Certificate of reference from a personal bank for each shareholder (depending on the company structure)
The business setup process involves the following steps:
- Selecting a trade name that complies with UAE regulations and guidelines.
- Choosing the appropriate business activities, which may require supporting documents such as portfolios or educational qualifications.
- Finalizing and confirming all documents, ensuring they are completed in both Arabic and English for submission.
- Upon completion of the company setup, the trade license will be issued, and you can proceed with visa formalities and opening a bank account.
Having a professional team to guide you through these steps will help ensure a smoother setup process for your UK company in Dubai.
What are some of the types of companies that I can establish in Dubai from UK?
There are several types of companies that you can establish in Dubai from the UK. Here are some common options:
1. Limited Liability Company (LLC):
LLC company Formation is a popular choice for foreign investors. It requires a local Emirati sponsor or partner with a minimum ownership of 51%, while the foreign investor holds the remaining ownership.
2. Free Zone Company:
Dubai has numerous free zones that offer attractive incentives such as 100% foreign ownership, tax exemptions, and simplified setup procedures. Free zones cater to specific industries such as technology, media, finance, and logistics.
3. Branch Office:
If you already have a UK company, you can establish a branch office in Dubai. The branch operates under the same name and conducts business activities related to the parent company’s operations.
4. Representative Office:
This type of company is suitable for market research, promoting products, or exploring business opportunities in Dubai. However, it is limited to non-commercial activities and cannot engage in direct sales.
5. Professional Service Company:
If you are a licensed professional such as a lawyer, consultant, or doctor, you can establish a professional service company to provide specialized services in Dubai.
6. Offshore Company:
Dubai also offers offshore company formation through jurisdictions like Jebel Ali Free Zone Offshore, which provides tax advantages and asset protection.
FAQs – Frequently Asked Questions
Can a British start a business in Dubai?
Certainly, a British individual can initiate a business in Dubai. To embark on this endeavor, one must adhere to specific rules and regulations, navigating through a comprehensive process to establish the business successfully.
Can I move my UK business to Dubai?
Yes, you have the option to relocate your UK business to Dubai. By submitting the necessary application and providing the required documents to the relevant authorities, you can facilitate the transfer of your UK business to the UAE.
How can I move my business to Dubai?
To move your business to Dubai, you need to undergo a thorough process that involves submitting applications, obtaining visas, and providing necessary documents. For detailed information, consider consulting with business setup consultants in Dubai.
Can I move my business to UAE?
Certainly, individuals from around the world have the opportunity to relocate their businesses to the UAE. The UAE provides an exceptional environment for both initiating new businesses and transferring established ones, offering a business-friendly atmosphere conducive to growth and substantial profit.
How do I register a company from the UK to Dubai?
British individuals looking to register a company in Dubai can enlist the assistance of experienced business consultants, such as Company Setup Consultants. Our knowledgeable professionals will facilitate the company setup process in Dubai by coordinating with the applicant and handling the required paperwork online.
Can I Get A Visa For Me & My Family To Live In Dubai & The UAE?
Yes, after setting up your company in Dubai or the UAE, you can obtain a UAE residency visa for yourself, your family, and even domestic workers. Our team will assist you with the necessary documentation and guide you through the visa application process. Once your visa is processed and approved, you can extend the visa benefits to your family members and employees under your company.
Once I Move My UK Company To Dubai Can I Get A Company Bank Account?
Yes, once you have successfully moved your UK company to Dubai, you can open a company bank account in Dubai. Having a company bank account is an essential requirement for conducting business operations in the UAE. However, it is important to note that specific procedures and requirements may vary among different banks.
which structure should i select for my uk company migrating to Dubai & the uae?
There are two main structures to consider such as:
Can A UK Citizen Move To Dubai?
Absolutely! A UK citizen can relocate to Dubai through different avenues. Firstly, they can secure employment in Dubai, where the employing company sponsors and provides a UAE residency visa. Another option is to move their UK business to Dubai and obtain a UAE residency visa under their registered UAE company. Dubai is known for its safety, making it an attractive destination for families. The city has a thriving expat community, and there are various attractions and amenities that cater to British residents. Additionally, British curriculum schools are available in the UAE. British Business Groups exist as non-profit organizations to support individuals and companies from the UK with their business interests in Dubai and the UAE.
To Speak with our Experienced Business Consultants for further information and assistance, call us at +971-582-595-164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at info@companysetup.ae.
