Business Setup in Dubai
Doing Business in Dubai ? Dubai Business Formation and Setup Made Easy
There are many reasons to choose to set up or expand your Business in Dubai and reasons why Dubai still remains by far the number one business location in the Middle East. Despite the much publicized economic down turn which impacted Dubai’s real estate and banking sectors hardest, Dubai has now managed to stabilise itself financially and is starting to show signs of a very strong revival. There are many reasons for this and none more compelling than the economic diversity of Dubai. The fact is that many years before the real estate boom, Dubai was still a very strong and growing economy and was already the international hub of the Middle East.
Dubai’s power industries include Shipping, Tourism, Media, IT, Retail, Exhibitions, General Trade, Gold & Diamond Trade & Banking as well as being one of the worlds major travel hubs. Where else can you think of that has such a strong business base for such a relatively small country?
As Europe and the USA bed down for what looks like could be a long and drawn out period of low economic growth, high unemployment and government budget cuts, Dubai looks more and more like the place to explore double digit growth. With easy geographical access to the tiger economies of the East and perfectly placed to access the growth and cash rich economies of the gulf as well as being by far the most live able place in the Middle East and with no tax, low rents, a free lifestyle and great weather, Dubai makes the perfect choice.
Our business advisors have been setting up new businesses in Dubai for years and know all the ins and outs. They will be happy to give you the advice that you need and will most likely already have experience in setting up your business type. It pays to rely on professionals who will give you the proper sound advice that you can trust. Your companies legal framework is something that is important to get right.
For Further Inquiry Visit us our Office
Why not get in touch with us and arrange a meeting with one of our advisors at our office.This means we can offer either just the business set up or the whole turn key solution.
Just like any other country, in the UAE you need documentation and approvals from several government departments and ministries. With UAE Free Zones you will only ever need to deal with us. We’ll take care of the rest on your behalf.
These are Program Steps Step 1
|Step 1 : Registration & Assessment|
|Step 2 : Process for Company Formation UAE|
|Step 3 : After Company Formation, Arrange Visa for Turkey or China for Lithuania Visa|
|Step 4 : After Getting Visa Client need to go Lithuania for Biometric|
|Step 5 : Case Done|
There are 2 categories of business you can set up in Dubai Free Zones, namely
Free Zone Company – are business that 100% owned by the person who set it up. You don’t require a sponsor or an agent to act as liaison to manage the venture. There is no restriction tying you down.
Dubai Free Zones Benefits
• 100% Ownership
• Can be formed by only one individual
• You can open bank account in Dubai
• 100% Secrecy maintained
• 0% Tax
• Less Renewal Charges
• Can be liquidated anytime
• You can do international business
• Can do multiple activities
• Can hold Properties
Offshore Company – this type of Dubai company registration refers to a business operating outside its boundaries. Example, a business in Switzerland opens up a similar enterprise in UAE.
Dubai Offshore Company Benefits
The offshore possibility has basically been set up to cater for companies who need to have a regional “tax relief-invoicing-facility” – There is no minimum capital required and also no need to set up an actual office facility. The off-shore regulations have been issued according to new international standards and companies will have to register minimum one director per company, keep financial records and issue an annual financial report audited by a professional auditing company approved by the free zone. Each company must hold annual general meetings (possible also by proxy) and in short perform and act as a normal company.
How UAE Free Zones can help you:
- Advice and consultancy & dash what corporate structure best suits your current and future plans
- Draft documents, assemble files and manage submissions, translations, notarizations and legalisations
- Visa and work permit processing with Emirates ID
- Partnership options for Professional, Branch Office and Dubai Offshore Company.
- Seek approvals from Economic Department, Ministries, Department of Planning and Civil Defence.
- Set up Company Bank Accounts.
Applicant follow these requirements for program .
- Business NTN
- Passport Scan Copy 36 Pages
- Valid Passport Scan Copy 36 Pages
- Business Profile
- If Married ( Marriage Certificate )
- FRC ( Family Registration Certificate Issued by NADRA
- All Experienced Certificate
- Passport Size Picture 35mm x 45mm
- Bank Statement
- Police Clearance Certificate
- Spouse Documents ( If Applicable )
The company regulations have been made out in strict conformity with new anti-money laundering measurements.
Local companies allowed to deal with
(a) Legal consultants, accountants, management companies etc carrying on business within the UAE,
(b) Any bank in the UAE for the purpose of conducting its routine operational transactions.
(c) If an offshore company wishes to conduct trade or other business in the zone or elsewhere in the UAE, it must obtain the appropriate licence to conduct the trade or other business activity from the competent authorities.