Company Registration In Dubai - Business Setup in Dubai

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INCORPORATION OF A COMPANY IN DUBAI

Geographical location of Dubai creates unique opportunities for any potential investor who is interested in operating globally. Dubai acts as a connecting point between Asia & Europe; the distance from the Middle East to various other countries is more or less equal. Various modes of supply through air, sea or land make it easy to organise & manage the supply of goods to various countries.

Company Formation in Dubai- Business Setup In Dubai

Strict adherence to the rules & regulations by the government makes company formation in Dubai a tedious job. So one should do a deep research on every aspect before planning to start their business in Dubai. Obtaining a trade license to start any sort of business is mandatory in Dubai.

DIFFERENT TYPES OF TRADER LICENSES ISSUED IN DUBAI

  • 1
    COMMERCIAL

    Companies engaged in trading activities.MCA 

  • 2
    INDUSTRIAL

    Companies engaged in manufacturing activities.

  • 3
    PROFESSIONAL

    Companies engaged in providing services.

JURISDICTION OF COMPANIES INCORPORATED IN DUBAI

  • 1
    ON-SHORE COMPANY

    An entity that is incorporated in its home land with the sole purpose of doing business activities within the specific jurisdiction. Various benefits associated with establishing an on-shore business such as favourable regulation, tax regulations, banking & support sectors.

STEPS INVOLVED BEFORE REGISTERING OF ONSHORE COMPANY IN DUBAI

  • online company registration in DubaiChoosing a name for the company & defining the nature of business
  • Business Setup In DubaiDefining the Free trade zone (FTZ).
  • company incorporationCheck with the authorities & verify licensing requirements.
  • online company formation in DubaiCollect the documents and start with the company registration
  • online company registration in DubaiReview the share capital requirements necessary to start a business
  • Company Incorporation UAEApply & get company establishment card & other necessary documents necessary.
  • 2
    OFF-SHORE COMPANY:

    Any entity which is formed in a foreign country which is managed outside the jurisdiction of the company.

  • STEPS INVOLVED BEFORE REGISTERING OFFSHORE COMPANY IN DUBAI

    • online company registration in DubaiVisit a registered agent
    • Business Setup In DubaiSelecting the company name
    • company incorporationProvide the company name to the agent along with the other documents required
    • online company registration in UAEAfter the approval of the name-agent will provide the incorporation documents to the owner
                which are required to be signed and returned back to the agent
    • online company registration in UAEPre-determined fees to be paid to the agent
    • Company IncorporationReceive all the verified documents from the agent
    • 3
      FREE ZONE COMPANY

      Various benefits associated with the incorporation of a company in free zone are-

      • online company registration in Dubai100% foreign ownership
      • Business Setup In DubaiNo corporate tax for 15 years (renewable after 15 years)
      • Business setup in UAE No personal income tax
      • Business setup in UAEFull exemption from import duties
      • online company registration in DubaiNo currency restriction
      • Business setup in UAENo red tapism
      • Company IncorporationEfficient communication
      • Company Incorporation Abundant energy

TYPES OF COMPANIES INCORPORATION IN DUBAI

  • 1
    LIMITED LIABILITY COMPANY - LLC Dubai

    Under Limited liability Company (LLC Dubai), the liability of the shareholders is limited to their share in capital. Maximum 50 & minimum 2 members are required to register a company as LLC in Dubai.

STEPS INVOLVED IN REGISTERING A COMPANY AS LLC

  • online company registration in DubaiChoosing a name for the company & defining the nature of business
  • Business setup in UAEFulfil licensing requirement (if any)
  • company incorporationFinding of a local sponsor/partner
  • online company registration in UAEAfter all the conditions are met next step is opening of a local bank account & taking an office space.
  • 2
    SOLE PROPRIETORSHIP FIRM

    For a foreign potential investors, the procedure for incorporation in UAE allows an investor to start a company without any UAE national being a partner in the company. However, the foreign investor must incorporate fee based service agent instead of a “sponsor” to sign important documents.

  • 3
    OTHERS

    various types of companies other than those mentioned above.

    • firm registration in DubaiPartnership Company: Under these one or more than one individuals hold proportionate shareholding in the company.
    • startup registration in UAEPrivate shareholding Company: It refers to possession of a big business corporation firstly, by non-governmental organizations and secondly, by a relatively small number of holders who do not trade the stock publicly.
    • company incorporationPublic Shareholding Company: A company where the business capital is divided into equal shares, with each shareholder's liability limited by their respective number of shares.
    • online company registration in UAECivil Company: A civil company is an association or partnership wherein two or more persons agreed to carry out professional or consultancy activities.
    • online company registration in UAEBranch office/representative office: Location other than the head office or the registered office of the company, which acts as an additional office for operations of the company.

FAQ's - Business Setup In Dubai

No physical presence is required for incorporation in Dubai. In the event of incorporation in the free zones and onshore jurisdictions the process can be started without the actual presence of the promoter but eventually physical availability is necessary. Formal incorporation documents are to be signed by the concerned person in from of the UAE authority.

However, if you have given a power of attorney duly signed and attested by UAE embassy, to someone who can act on your behalf, then this condition can be relaxed.

Yes, a foreigner/expat can have their incorporation in Dubai. Starting a business in the UAE shall not take more than a week, once you've identified all the compliance requirements associated with it.

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