BUSINESS INCORPORATION
SETUP BUSINESS IN UAE
Welcome to the United Arab Emirates (UAE), a dynamic business hub renowned for its strategic location, investor-friendly policies, and diverse economic landscape. Whether you’re an entrepreneur looking to launch a startup or a seasoned business owner aiming to expand internationally, the UAE offers a plethora of opportunities across various industries. This guide will provide you with a detailed overview of the steps involved in setting up your business in the UAE, ensuring a smooth and successful establishment process.
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Company Formation Services
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Company Registration
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Business Incorporation
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Licensing Assitance
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Bank Account Assistance
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Professional Email
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Post Incorporation PRO Services
Why choose us for Company Formation?
Navigating the complex procedures of company formation in the UAE can be daunting, but with our expertise, we can guide you through every step of the process smoothly and efficiently. Here’s an outline of how we can assist you
Understanding Your Business Needs
We help determine the nature of your business activity, which influences the type of license you need.
Guidance on choosing the appropriate legal structure (e.g., LLC, branch office, free zone entity, etc.).
Selecting the Right Jurisdiction
Ideal for businesses that plan to trade directly within the UAE market.
Offer benefits like 100% foreign ownership, tax exemptions, and simplified procedures.
Suitable for businesses that do not require a physical presence in the UAE but want to benefit from the country’s tax regulations.
Company Name Registration
Assistance in selecting and reserving a unique trade name in compliance with the UAE regulations.
Licensing and Permits
For trading activities.
For manufacturing and industrial activities.
For service providers, professionals, and craftsmen.
Documentation and Legal Formalities
Drafting and notarizing the MOA as per the chosen business structure.
Arranging a reliable UAE national sponsor or service agent if required.
Securing initial approvals from relevant authorities.
Office Space and Visas
Assistance in finding suitable office space, whether it’s in a free zone or mainland.
Processing visas for you and your employees, including medical tests and Emirates ID registration.
FAQs
- Mainland Companies: Allows businesses to operate anywhere in the UAE and engage in a wide range of business activities.
- Free Zone Companies: Offers benefits like 100% foreign ownership, tax exemptions, and simplified import/export procedures, but generally restricts trading within the UAE market.
- Offshore Companies: Suitable for businesses looking to conduct international business and benefit from the UAE’s favorable tax regime, without a physical presence in the UAE.
- Mainland Company: Can operate anywhere in the UAE and requires a UAE national sponsor who holds at least 51% of the shares (except for professional services where 100% foreign ownership is allowed).
- Free Zone Company: Offers 100% foreign ownership and tax benefits but is restricted to operating within the free zone or internationally. To trade within the UAE, additional permissions are needed.
- Local Sponsor: A UAE national or a UAE-owned company that acts as a service agent or partner for businesses setting up in the mainland. This is a legal requirement for certain business structures, ensuring compliance with UAE ownership laws.
- The timeframe varies depending on the business type, location, and specific requirements. Generally, it can take from a few days to a few weeks. Free zone companies tend to have a faster setup process compared to mainland companies.
- Costs include trade name reservation, initial approval fees, license fees, office space rent, visa costs, and other administrative expenses. The total cost varies based on the business type, location, and specific needs.
- Yes, in free zones and certain mainland businesses (especially professional services) foreigners can own 100% of the business. However, most mainland companies require a local sponsor or service agent.
- Commercial License: For trading and general business activities.
- Industrial License: For manufacturing and industrial activities.
- Professional License: For service-oriented businesses and professional services.
- Yes, both mainland and free zone companies require a physical office address. However, some free zones offer flexi-desk and virtual office solutions which can fulfill this requirement.
- After obtaining your trade license, you can approach local banks to open a corporate account. Each bank has its own requirements, but generally, you will need your trade license, MOA, and other corporate documents.
- 100% foreign ownership, full repatriation of profits, no import/export duties, no personal or corporate taxes, and simplified business setup processes.
- PRO Services: Professional services that handle all government-related paperwork and processes on behalf of your company, such as visa applications, labor contracts, and licensing. They are especially beneficial for ensuring compliance and efficient handling of administrative tasks.
- Free zone companies generally need a local distributor or an agent to trade within the UAE market. Some free zones provide special permissions to trade directly, but this is limited and subject to specific regulations.