By establishing a firm in Dubai, United Arab Emirates, you can profit from the favorable business climate while also utilizing the country's many advantages.
The ease of doing business, e-governance system, luxurious lifestyle, tax savings, upgraded business infrastructure, and rising business timeliness make it a popular choice among international investors.
Investors in the area have a number of choices for corporation registration. In order to prepare you to get a business in Dubai, we will go over every aspect of company registration in Dubai in this guide.
From consulting and strategy development to implementation and support, our comprehensive services can help your business thrive.
Company Set-Up in Dubai, U.A.E
Step by Step of Company Registration in Dubai
2.Choose a business venture.
The investor must decide on a business venture, such as trading, service, running a restaurant, etc.
Different Business Licenses in Dubai
Commercial License:
This license is intended for use by businesses that carry out any kind of commercial activity. You may discover more about the advantages of a commercial license in Dubai.
Industrial License:
This license is for businesses involved in manufacturing or other industrial operations.
Professional License:
This license is available to these individuals. Service Provider, Professional, and Artist License.
The legalization of a business idea may be straightforward to express, but it will need the assistance of a company registration consultant like us. Every step of our company registration procedure in Dubai is specifically designed to meet the requirements of each business or office setup.
UAE is the ideal place to conduct business since it has a number of benefits, including cheap or no taxes, a technologically advanced community, free trade zones, rigorous standards of confidentiality, and rapid development.
Without a doubt, Dubai is one of the Middle East's largest and fastest-growing economic centers. company owners will benefit from a very profitable environment where they may enjoy the priceless advantages of 100% foreign ownership, upgraded company facilities, a posh lifestyle, and expanded commercial options.
7.Obtain your business documentation.
obtain a trade license from the Chamber of Commerce and Industry, and file company paperwork with the Department for Economic Development (DED). Create a business stamp.
1.Decide on your license type.
The investor must first choose the category of license (trade, industrial, and/or professional) on the Dubai mainland before registering a business.
3.Select a legal framework.
The investor must first choose a suitable activity before deciding on the best legal structure, such as a sole establishment, civil partnership, or limited liability company (LLC).
4.Get a local sponsor.
Select a local resident of the UAE to serve as the business's sponsor or local agent. For a professional business, it is only necessary.
5.Register the company's trade name.
Send the proposed company name and the company registration application to the Department of Economic Development (DED) for preliminary approval. Memorandum of Association for the business should be notarized either at a public notary or at the Department of Economic Development (E notary). The name you select must be appropriate, thus this step is quite important.
6.Choose your place of business Virtual or Actual
Choose a site for your workplace and procure a lease. Numerous choices are available, including shared offices, virtual offices, flexi-desk offices, shared offices, and regular offices. A business license is also instantly available from the government. The investor does not require an office space in the first year and can only take up an office after the second year.
8.Obtain your visa.
Obtain a business license and register it with immigration. Give the business owner a partner or investor visa. In the Ministry of Human Resources and Emiratization (MOHRE), register your business. Apply for a work visa through the firm.
However, establishing a business in Dubai may be a time-consuming and challenging process, particularly for newcomers who lack the necessary business acumen and foresight. To meet the requirements for company registration in Dubai, the Dubai government has implemented tight regulations. But with the right counsel and comprehension of legal terms and information, your business becomes legitimate inside a day.
How to Register a Company in Dubai
By establishing a firm in Dubai, United Arab Emirates, you can profit from the favorable business climate while also utilizing the country's many advantages.
The ease of doing business, e-governance system, luxurious lifestyle, tax savings, upgraded business infrastructure, and rising business timeliness make it a popular choice among international investors.
Investors in the area have a number of choices for corporation registration. In order to prepare you to get a business in Dubai, we will go over every aspect of company registration in Dubai in this guide.
Government Agencies We Collaborate With
The cost of registering a business in Dubai
Any business registration is quite affordable in Dubai due to the city's low logistical and operational costs. There is no minimum capital requirement for any offshore or international firm. The price to register a business in Dubai is AED 10,000 ($2,700).
The price to register a company in Dubai depends on the type of enterprise you choose. The three main categories for LLC firm registration fees are services license fees, trading license fees, and general trading license fees.A solitary establishment must pay a services license fee of AED 15,150, while a civil company must pay AED 18,650. AED 22,150 is required to register a Dubai LLC firm, and AED 37,250 is required to open a branch office for a foreign corporation.
Documents Needed for Dubai Company Registration
The following documents must be submitted when registering a business in Dubai:
Company Registration Cost
Type of company to register in Dubai Registration Cost AED
Application form
Passport Copy
2 Photographs (white background)
NOC if already in UAE residency visa
Tenancy Contract Copy
Location Map
Designation Details: Higher Designation Requires Degree Certificate (Attested)
sole establishment Registration - 15,150 AED
Civil Partnership Registration - 18,650 AED
LLC company registration - 22,150 AED
Branch Office in Dubai - 37,250 AED
Business Setup Types in Dubai and the UAE.
SOLE ESTABLISHMENT IN DUBAI MAINLAND
A solitary proprietorship is appropriate for independent people who want to integrate. You can register your company under your name in the UAE if you form a sole establishment firm. A sole establishment business, as the name implies, is registered only under a single person, the sole proprietor, who has complete authority over all business operations.
PARTNERSHIP FIRM IN DUBAI MAINLAND
A general partnership firm is a company with a legal structure where two people or more can agree to form a consulting or professional services business and are prepared to extend their assets in accordance with the company's duties. Medical offices, law firms, management consultancies, HR consultancies, IT consultancies, training, and other like-minded professional activities are a few to include in a partnership firm.
SETUP of an LLC (Limited Liability Company) in DUBAI
The most common type of company in Dubai is a Limited Liability Company, or LLC. You can own a 100% ownership to start an LLC company, and the number of shareholders is capped at 50, with each shareholder's liability being restricted to their individual shares.
A FOREIGN COMPANY'S OFFICE IN THE MAINLAND OF DUBAI
Opening a branch of an existing international firm while adhering to UAE commercial legislation constitutes company formation for a foreign business entity in the UAE. In order for a branch to be established with 100% foreign ownership of the parent business, a foreign corporation must establish a branch or office to act as the parent company's representative.
THE DIFFERENCE BETWEEN
Mainland Company Registration
Ownership
Complete control for your business is provided by a Dubai mainland corporation, but for this to happen, business owners need a local sponsor.
Business Scale
United Arab Emirates-based businesses are not constrained by their size. Anywhere in Dubai is a viable business location.
Workspace
For firms operating on the mainland, a 200 square foot minimum yearly leased space requirement applies.
Facility for Visa
Licenses issued on the mainland are unrestricted by visas.
Approval from the government
To get a license, The Mainland Company needs to obtain standard government approval.
Free Zone Company Registration
Ownership
100% foreign ownership is offered for business setup in the free zone in Dubai.
Business Scale
Companies operating in free zones are restricted to doing so in comparison to facilities on the mainland. They require the assistance of a local dealer or agent if they wish to conduct business in the community.
Workspace
Physical office space is not always necessary for businesses in the Free Zone. There might not be an office, depending on the venture or sector.
Approval from the government
The majority of free zone businesses, however, focus heavily on imports and re-exports. In this situation, these businesses can issue the license without needing authorization from an outside body.
For company registration in Dubai, Eidad & Enjaz can provide you with efficient advising and consultation options. We'll assist you in determining and comprehending the business structure that best fits your present and long-term goals.
Our specialists will put together all of your files, manage your filings, and deal with regulations. Simply said, we'll handle all of your menial jobs so you may concentrate on the urgently needed responsibilities at hand. We take care of all the demands of your business, whether they are internal or external audit services, sponsorship services, VISA services, or trademark registration in Dubai.
We make an effort to provide you with the greatest support possible so you may establish the ideal business in Dubai at the appropriate time to facilitate the growth of your enterprise. Follow Eidad & Enjaz's advise and take advantage of the finest opportunity for your company registration process to get the personalized solutions that best suit all of your demands.
It's challenging to select the option that best suits your needs when there are over 2,000 activity licenses and over 28 jurisdictions to consider, but don't worry. Until your business is formed, our knowledgeable advisors can help you with the United Arab Emirates' complicated corporate registration process.
How Can Eidad & Enjaz Assist You with Dubai Company Formation?
Benefits of Hiring a Consultant for Business Registration
There are many benefits to consulting a skilled professional with experience in business setup, and it is strongly advised that you do so if you want to establish and expand your company both locally and internationally. This consultant should have a thorough understanding of the business sectors in Dubai. An expert business advisor can help you register a company in Dubai with 100% foreign ownership, answer all of your questions about how to set up your firm, and ensure that you receive your business license on schedule.
The following are some benefits of working with a business counsel before registering your company in Dubai:
Quick process for registering a company
Selecting the appropriate corporate jurisdiction
Choosing an appropriate legal framework
Picking the appropriate commercial activity
Obtaining expert advice for business expansion
Why Create a Company in Dubai?
Dubai is well-positioned and has established itself as a major international trade center. It is also among the places where doing business is simplified with the least amount of red tape. Its solid infrastructure makes it possible to start and operate a business. Additionally, there are no corporate taxes, income taxes, capital gains taxes, or withholding taxes for businesses in Dubai. This makes registering a company in Dubai simple and hassle-free.
In Dubai, how can I register an LLC company?
You can register an LLC by completing the steps below:
Choose a local sponsor for the business.
Choose the appropriate business venture and corporate structure.
Reserve an LLC company's trade name.
Obtain first approval (pre-approval) from the appropriate authority.
The company's memorandum should be signed before a notary public or DED E notary.
Create the office's leasing agreement.
the Department of Economic Development should get the materials.
Pay for the business license.
How much capital is required to register an LLC company in Dubai?
The minimum capital requirement for business creation in Dubai is AED 100,000 (USD 27,322) for the company's approved share capital. However, there is no need to deposit this share capital at a bank. Only establishment charges, license issuance fees, office rent, and visa fees are the investor's responsibility.
Can Foreign Nationals Own a Company at 100% in Dubai?
They can, yes. Let's say the business is one that offers services in the UAE. In that situation, a foreign national may acquire full ownership of the company. However, they are required to designate a citizen of the UAE as the company's agent. The UAE government permits foreign nationals to own 100% of certain commercial activities in the manufacturing and agricultural sectors in accordance with the new FDI criteria. Earlier, foreign nationals were only permitted to own a maximum of 49% of the company.
Can I Travel to Other Emirates Without a Visa If I Register a Company in Dubai and Receive a Residence Permit ?
You can, indeed. The UAE government grants foreigners a residency visa. Therefore, they are free to visit any of the UAE emirates. After registering your business in Dubai and receiving your residence permit, you are free to visit and travel anywhere in the United Arab Emirates.
How long does it take to set up a business in Dubai?
In the free zones, forming a company will take one to five days. In contrast, if the right paperwork and resources are provided, an offshore business can be founded in 48 hours. The required paperwork and documentation are needed for mainland company registration, business license, and registration. These licenses, however, can also be acquired in a day or two. For the investor, we at Eidad & Enjaz make it simple to launch their business in Dubai.
How much does it cost to start a business in Dubai ?
The location of the firm, the quantity of visas needed, and the size of the office all affect the cost of company formation in Dubai.
Setting up a free zone firm in the UAE free zone will cost a minimum of AED 8050/-*. The cost of receiving an establishment card, registering with immigration, and getting the owner's visa are extra.
A mainland company must be established in order to obtain a professional business license, and this cost must be at least AED 14,999/-*. In addition, the owner will need to pay for a visa, register with immigration, and get an establishment card.
AED 9000/-* is the required minimum registration fee to establish an offshore business.
Can a Dubai-registered company conduct business in other Emirates?
No, a local branch of the Dubai company must be set up in each emirate where it intends to conduct business. So, until you create branches in other Emirates, simply creating a company in Dubai does not grant you authorization to conduct business there.
Is a Physical Office Necessary to Register a Company in Dubai ?
To open a commercial bank account for the new firm, a registered location is necessary. Before recently, the DED required a permanent office with a minimum square footage of 200 to issue its license. However, the Department of Economic Development has begun awarding licenses without office space in line with the many initiatives to entice investors. You can purchase an Estidama / Sustainability Contract, which functions as a virtual office, in place of renting a permanent office space. For the Dubai-registered business, you receive a Lease Agreement that entitles you to up to 4 employment visas.For those wishing to reduce their office expenses and apply for 1-2 visas, free zones provide shared or hot desks.
Can a Foreign Trading Company Establish a Branch in the UAE?
No, foreign trade businesses are not allowed to establish a branch in the United Arab Emirates with the same activities as those listed in the parent company. However, a foreign company may build a representative office in Dubai to develop its operations there and offer support to its clients who are located there.
Staying away from paying pointless fines and penalties
Save time and concentrate on other things.
Assistance in setting up your business's bank account
Tips for picking a strategic site
Making a detailed business feasibility plan available
Eidad and Enjaz provides the most genuine and practical business setup advice to its clients. For your business establishment in Dubai, get in touch with top-tier pros. Contact Us Now!