Forming a company strains a series of data, facts, and an understanding of the market. Dubai is an ideal place to start a business due to its stunning architecture and robust economy.
Company formation law in Dubai is very flexible for fresh startup companies.
Step Wise Guide to Business in Dubai
It is very important to have business knowledge of legal form. Every company’s activity has its own merits and demerits. The experts provide you extensive information to help you get through the structure. We help you achieve the following steps:
- Profitable business activity selection
Department of Economic Development (DED) lets you select from over 2000 business activities in Dubai.
- Legal form
Each form is subjected to different ownership rules as governed lawfully. We are determined to help you figure out a legal form that will be in accordance with the type and activity of the business you selected.
- Selecting a trading name
We help you decide on a legal trade name for your company.
- Initial Certificate Approval
It is important to acquire IAC, once it is done the setup process becomes easy.
- Prepare Memorandum of Association (MoA)
We don’t let you face any issues the acquiring a Memorandum of Association (MoA) which is surely prepared by a legally registered firm is solely our responsibility
- Business location
We assist in selecting a location that is right for your organization. You wouldn’t want half of your staff to travel all the way through the city to get in time.
- Licensing
Our package includes taking care of all painstaking licensing procedures of your enterprise.
- Get all the remaining legal documents
If there’s any other legal requirement to be completed, we get it done.
- Recruit Human Resource
Not just the business setup, we will also help you out in attaining the human assets which are necessary to carry out your activities.
The transparency in terms of execution procedures, overall costs, and timelines we offer lets you make the finest decision without hesitation.
Company Formation in Dubai
We manage every aspect of business formation:
- Business registrations
- Approval of trade activity
- Trade name registration
- Revision of License
- Memorandum
- Cancellation
- Renewal
- Document processing from Dubai municipality
To form a company in the city, it is essential to acquire a valid license from the government of Dubai. After getting registered with DED one can conduct a business in local market without any restrictions. The license types include:
Professional License
- Unlimited Liability license issued to professionals only.
- 100% ex-pat share of the company.
Commercial License
- LLC License is valid for entrepreneurs.
- Maximum 49% share is received by an ex-pat.
Industrial License
- LLC License is valid for entrepreneurs.
- Some motions may require approval from other ministries or different authorities.
Limited liability company (LLC)
- An enterprise of amenable form that merges the extensive elements of reliable partnership and structures of corporations. According to this, 51% of equity should be held by a UAE.
· Free zone company formation
- A tax-free zone, with free custom duty benefits and import/export activities to ex-pat. Free Zones are designed for the unique framework of rules and regulations.
Representative of a Foreign Company in Dubai
The branch becomes an extension of the enterprise. The business, marketing of products is subjected to provisions of laws of Dubai, but cannot import goods into Dubai.
With so many options available and a lot of business types in mind, Business Start Capital can help you form a company swiftly and professionally. We help them in company formation and now they are a leading logistics company in Dubai.