How to Setup a Company in Dubai

As a geographical and economic hub of the Middle East, global investors see the United Arab Emirates (UAE) as a vital element of their operations. Dubai is the second largest emirate and is located as the most important port and commercial center of the UAE. It has worked to become a widely diversified economy. Critical sectors include manufacturing, logistics, financial services, information technology, retail, travel, tourism, medical care and education, as well as a strong focus on green technologies.

To attract international business, Dubai has invested heavily in its transportation, telecommunications, energy and industrial infrastructure. There are no taxes on income or capital in Dubai, except for oil and national banks, and there are no withholding taxes. Businesses in Dubai can gain additional significant advantages due to the absence of foreign exchange controls, trade barriers or quotas, which makes it an ideal place for business creation and business formation.

The main law that provides for the registration of companies on land in Dubai is the Companies Law. It establishes all the rules that must be met before and after the registration of a company.

In the case of offshore companies or free zones in Dubai, each authority imposes its own registration requirements.

The procedure to open an offshore company in Dubai differs greatly from that necessary to incorporate a company on land. If currently, you are not sure which one you need, consider the following:

1) a) an offshore company (RAK Offshore, for example) has no special requirements or limitations with respect to the owners / shareholders of the company while

  b) a company on land does not allow total foreign ownership (the company requires a local "sponsor"). For more information on the requirements, see: Establishment of a company on the UAE land.

2) a) an UAE offshore company gives 0% corporate tax while

    b) a company on land has fiscal obligations and compliance requirements according to UAE legislation.

3) a) an offshore company cannot be activated within the UAE;

     b) a company on land is designed to do business in the Emirates.

To summarize: if you are not interested in the Dubai market (your clients are not within Dubai) and only want business set up in UAE to take advantage of the tax regime, privacy and / or offshore banking, then it is advisable to start an offshore company in one place on land.

Setting up a business in Dubai requires a thorough investigation and most of the time it is attractive for professional services. Our business training agents in Dubai can help you with more details on the main steps if you want to open a business in Dubai.

A foreign company that wishes to setup a business in the UAE may choose to establish operations as a branch, representative office or registered company, or it may designate a commercial agent for selling its products in the UAE market or export them. New companies may also choose to carry out their activities from a Free Zone, which is a designated and self-regulated area established to catalyze economic activity within an emirate and is governed by its own set of rules and regulations. There are about 40 free zones in the UAE, with more in development.

It is important to have a complete understanding of your options before deciding how to establish your company's presence in the UAE. The overall growth of your company in the United Arab Emirates may be hindered when making the wrong decision, therefore, consider the following points when deciding the best structure for your needs.

Business Link UAE’s team of professional business training specialists help local and foreign investors to follow the main steps for business formation in the UAE and open the type of business required. The business configuration in the UAE is not difficult, but many foreign entrepreneurs do not know the local regulations, so it is recommended to contact a local agent for the configuration of the company in the UAE. The agent will explain to the foreign investor the differences between local and foreign companies and those established in free zones and will help him choose the one that is suitable for his business needs. Then, the entrepreneur must prepare the documents for the formation of the company in the UAE and begin the incorporation procedure.

Here’s Why You Should Outsource Business Link for PRO Service.

The seven member states of UAE have several laws in place for foreign residents. This includes the working and business class. Both categories of immigrants require timely submission of legal documents to various state / local agencies and judicial department.

Incidentally, Dubai has stringent business laws. We will talk about them later. What is important is that these legalities have to be executed on time and records duly maintained. Failing to comply due to lack of knowledge or oversight could spell disaster for the employees and even the employer. In a worst case scenario the concerned individual or even a group could simply be deported. PRO services provider in Dubai such as Business Link UAE can help prevent such situations.

Businesses have two ways of maintaining such records or documents which also includes fresh application/s for recruitment or inviting family members.  They can either –

1. Create an in-house department for such tasks.

2. Outsource PRO services in Dubai.

Here’s why you should Outsource Buisness Link for PRO service. 

1. Knowledgeable Partner:

Working as PRO OUTSOURCE Company and government procedural industry, since 1998 we been up to date on every little change in the rules and regulations, enabling us to educate you and process things accurately and quickly.

2. Save Time:

With our expertise and understanding of PRO procedures in the UAE, we ensure that time is utilized efficiently in obtaining all permits, visas and other documentation.

3. No More Fines or Delays:

Business Link Outsource PRO Service assures that all procedures are carried out in the right way and order, while administration departments within companies lack the expertise and work on trial & error basis, which results in heavy fines and delays.

4. Dedicated Accounts Manager:

Our account managers are trained to handle all procedures, they ensure that the client is updated with all necessary information, while managing and liaising with PROs internally on all jobs.

5. Renewal Reminders:

Business Link PRO division  keeps record of all necessary company and employee documentation and provides timely reminders when license, visa renewal processes must be initiated.

6. 100% Transparency:

In addition to complete information from Account Managers about the procedure, we also believe in complete transparency in providing information and the procedural costs involved for business setup. For this reason, all government charges involved are charged at actual with copies of supporting bills.

7. Reduce Costs of Running of PRO-Admin Department:

Business Link Corporate OUTSOURCE PRO services Packages eliminates the need for in-house administrative and PRO department. This saves the company running costs on staff; salaries, gratuities, leave expenses and miscellaneous expenses that come with the running and maintaining of a department.

8. Hassle-Free:

With our account managers managing the PROs and informing you of the progress of the job every step of the way, you can leave the worrying to us and enjoy your hassle-free PRO processing.

9. CRM Managed:

Our CRM managed system, keeps tracks of all document, provides reminders and is regularly updated to better assist our clients:

10. Focus on your core business:

Outsourcing your PRO needs lets you concentrate all your attention on your core business activity and invest the money saved on admin costs into developing more business. Shifting to an outsourced PRO services package with Business Link does not only get you the above benefits, it also provides you with a growth partner, to assist you in streamlining your business and providing a support system for your expanding business.

For best PRO Services in UAE and for assistance in all Governmental works Contact Us  in 00 971 556070118 or Email us to info@businesslinkuae.com.

All You Want To Know About Business Setup in Dubai Mainland

The business friendly facilities and infrastructure offered by Dubai mainland is very popular. Several advantages are there of a highly developed economy that could be enjoyed by the business setup.

Utmost international standards are matched by the services and infrastructures that expedite quality, efficiency and services for business setup in Dubai Mainland.

 Some of the benefits for business setup in Dubai Mainland are: 

• Best quality options for residential  and office accommodation
• Advanced arrangement of transportation
• Top venues for international conference and exhibitions
• Simple recruitment process
• Reasonable workforce
• Open enterprise system
• Reliable utilities, power etc.

For relishing all these benefits, the task of company formation in Dubai has to be accomplished. This is challenging as well as time consuming. Business Link UAE is there as your reliable partner making this task hassle free and opportune for you.

Process of business setup in Mainland:

For company formation in Dubai Mainland, a UAE national has to be appointed as your business’s local sponsor. However, an agreement will be signed by the local sponsor of not having any profit sharing or involvement in operations of the company. Therefore, no active participation is there of the local agent in company’s profit sharing, operations and business management. Instead, their role will be of a figurehead characteristic at the time of required documentation and enlisting of legal settlements in Dubai.

 Necessities for business setup in Dubai Mainland:

For a business setup in Dubai Mainland, it is required to have the office address verified from the Dubai Municipality. This requirement varies on the basis of license type that is required by the investor. For the business setup in Dubai mainland, 6 steps are involved. These are:

• Selection of the business activity and approval of name for the same
• Selection of the service agent or the local partner
• Application for getting the preliminary approval for business setup in mainland
• Provision of MOA and notarization from court
• Getting the occupancy contact as well as space for office
• Final proposal for business setup in Dubai mainland

The skilled Dubai company formation consultant at Business Link UAE are there to provide best services and support to the clients for business setup in mainland.

Taking your Business to the Next Level - Setting up your Own Company with Business Link

An introduction to Business Setup in Dubai

Dubai is one of the preferred business economy hubs in the world that attracts both national and international investors from all over the world. This is mainly because of smooth business setup procedures and entrepreneurs friendly environment in Dubai. The government of Dubai offers wide range of benefits for setting up company in Dubai, UAE.

There are a number of options available for international entrepreneurs who want to establish their businesses in Dubai, UAE. It depends on business activity to activity, services targeting market and many more. Company formation in Dubai also requires many legal formalities and documents attestation work to be done with various government departments of Dubai. This is where you need assistance of a professional company formation consultant in UAE.

The government of Dubai provides wide range of business setup options that includes company formation in Free Zone, Dubai Mainland, branch office, offshore company etc. These are given as:

Options Available for International Investors to Setup Business in Dubai, UAE:

1. Company Formation in Dubai Free Zones
2. Business Setup in Dubai Mainland
3. Branch of Foreign Company Representative Office in Dubai
4. LLC Company Formation in Mainland Dubai
5. Virtual Office Setup in Dubai
6. Offshore Company Formation in UAE

We, at Business Link could assist you for all types of Commercial, Professional and Industrial License in Dubai – UAE.

So depending on your business requirement, you can go for the right one to grow your business rapidly and make it successful in UAE as well as international market. For the rest, we are here to assist you for the whole procedure from starting to end for company setup in Dubai. Being a specialized business setup consultant in Dubai, we provide you complete incorporation solution and related Outsource PRO services for setting up a business as well as all approvals from Government Authorities.

Need Local Sponsor for Business Setup in Dubai?

Setting up your own business in Dubai can be complicated for international entrepreneurs if they don’t have complete knowledge of company formation procedures in UAE like which location suits best for their business, what are the initial steps for trade name registration and many other important legal documentations activities.

One of the most common issues is related to foreign ownership. The company ownership depends on the location where you want to start your business in Dubai. You have two options for business location to start. One is Dubai Mainland and another is Free Zone company formation.

To establish a business in Dubai Mainland, a foreign investor is required to have a local sponsor in UAE for many legislation processes. According to the Department of Economic Development (DED), there are a numbers of benefits of business setup in Dubai Mainland. Some of them are:

1. Business owner is also allowed to do business with local market of UAE

2. No restrictions on visa application

3. No restrictions on business property as well as business activities

What is Local Sponsor?

A local sponsor is an UAE national who acts as a sleeping partner for your company in Dubai. Being a mandatory requirement, it’s a real, inevitable challenge for foreign investors to find the right local sponsor in Dubai, appropriate for their line of business. You do not need to share your business profit with sleeping partner but you have to pay an annual fee to him. Also local sponsor does not play a particular role in your business activities.

Reliable Local sponsor for company formation in Dubai

Getting a well-educated local sponsor is very important to start a business in Dubai Mainland. We at “Business Link UAE” help you to get a trustworthy and reliable UAE national for your company formation that will act as a local agent or sponsor. We are also specialized to provide PRO services and complete solution for business setup in UAE.

Dubai Mainland Business Setup with Reliable Local Sponsor

Company formation in UAE can be very hectic and extremely costly, if you do not have a proper business plan before staring it. As we all know, tax free environment in Dubai is very beneficial for an investor to start a business here. So you should know which location is best for business to grow very well.

Dubai Mainland is one of the preferred business locations by the most of organizations while thinking for company formation in Dubai. You can also get office space at affordable cost.

A business setup in Dubai mainland involves the Department of Economic Development (DED) regarding business registration, trade license etc. A local sponsor is also must to have for Dubai Mainland company formation.

There are some important requirements for business setup in Dubai Mainland.

1. Business name and type selection

2. Find Local sponsor or sleeping partner

3. Apply for initial business setup approval

4. Preparation of Court Notarization and MOA

5. Choose Company/Office Space and Tenancy Contact

6. Final submission for company formation in Dubai Mainland

1. Business name and type selection

When you have decided to setup a business in Dubai, firstly you need to know the type of your business and what will be the name of your company. It helps you to get the right business license.

2. Find Local sponsor or sleeping partner

For setting up business in Dubai Mainland, you are required to appoint a local sponsor/UAE national for your company. Local sponsor will work as a sleeping partner for your business and does not participate in your business activities. You have to pay him a fee annually for his involvement. We also help you to get the reliable local sponsor in Dubai.

3. Apply for initial business setup approval

Once you have selected your trade name then you need to submit it for initial business setup approval.

4. Preparation of Court Notarization and MOA

It involves all the legal documents and MOA procedures to be completed which are required for company formation in Dubai Mainland.

5. Choose Company/Office Space and Tenancy Contact

You must require having a verified office address from Dubai Municipality before applying for the business license.

6. Final submission for company formation in Dubai Mainland

This is the final step to start your company in Dubai Mainland. If you have already completed all the initial business setup procedures, then you can apply for the final submission for setting up business. Our professional consultants also assist you through complete procedures for Dubai Mainland business set up with our best PRO services in UAE.