Dubai is a\npopular destination with entrepreneurs and business owners the world over \u2013 for\ngood reason.<\/p>\n\n\n\n
In recent\nyears, the emirate has cemented its place as an integral hub for international\ntrade with easy access to some of the world\u2019s largest and fastest growing\nmarkets. Add to that a 0% tax rate and it\u2019s easy to see why so many come to do\nbusiness here.<\/p>\n\n\n\n
Dubai\u2019s\nstraightforward company incorporation process is another major reason behind\nits popularity. When you set up here with the help of a company formation\nagent, the whole process can be completed in just a few simple steps.<\/p>\n\n\n\n
Dubai\nmainland company formation<\/strong><\/p>\n\n\n\n One of the\nfirst steps towards starting your business in Dubai is deciding on a mainland\nor free zone setup.<\/p>\n\n\n\n It\u2019s easy to\nmake a case for both. If you decide on a Dubai mainland business setup, you\u2019re\nfree to trade directly with the UAE without the services of a third party. You\ncan also set up anywhere in the emirate and pitch for government contracts.<\/p>\n\n\n\n Dubai\nmainland license cost<\/strong><\/p>\n\n\n\n The cost of\na Dubai mainland business setup depends on various factors. If you choose to\ntake on premises, your costs will increase, for example. The same is true if\nyou intend to take on employees straight away. Finally, the nature of your\nbusiness will have an impact on overheads and operating costs.<\/p>\n\n\n\n Then you\nmust factor in the Dubai mainland license cost. As there are so many elements\ninvolved, it is not always easy to produce an estimate without all the details.\nThe best way to get an idea of the total cost is to contact a company setup\nagent who can provide you with a personalised quotation.<\/p>\n\n\n\n Company\nformation in Dubai free zones<\/strong><\/p>\n\n\n\n Another\noption for your consideration is company incorporation in Dubai free zones.\nThere are many to choose from spread right across the emirate and beyond \u2013 some\nindustry-specific and some open to all.<\/p>\n\n\n\n Company\nsetup in a Dubai free zone is usually the most cost-effective approach. And, as\nmany offer package deals, it\u2019s much easier to get an idea of cost before you\nproceed.<\/p>\n\n\n\n If you\u2019re\nlooking for the most affordable free zone setup, it\u2019s a good idea to look\noutside Dubai. Free zones such as Fujairah Creative City, for example, offer\nbenefits including a quick and easy incorporation process, ongoing business\nsupport and financial incentives such as tax exemptions and zero currency\nrestrictions.<\/p>\n\n\n\n There are\nseveral types of free zone licences available. Many free zones offer a range of\nlicense types including industrial, commercial, e-commerce and professional\nservices.<\/p>\n\n\n\n Whether you\ngo for business formation in a Dubai free zone or a mainland company setup,\nit\u2019s a good idea to work with a company setup expert to ensure a fast and\nsmooth process.<\/p>\n\n\n\n Company\nformation in Dubai free zones costs<\/strong><\/p>\n\n\n\n The cost of\nregistering a company in a Dubai free zone will vary depending on the size of\nyour business. As a guide, you can expect to pay AED 24,775 to set up in\nFujairah Creative City, this includes three business activities under one\nlicense, use of the free zone\u2019s co-working space and the cost of applying for\none visa.<\/p>\n\n\n\n Another\nbenefit of freezone company formation in Dubai is that there is often no\nrequirement for paid up share capital, helping to keep start-up costs to a\nminimum.<\/p>\n\n\n\n The Dubai\ncompany incorporation process<\/strong><\/p>\n\n\n\n The first\nthing to do before making your UAE license application is to decide on your\nbusiness activities. Any activities you choose must align with an official list\npublished by the Department of Economic Development. The list covers every\nindustry imaginable, from potato trading to consultancy. You do not have to\nlimit yourself to one, it is possible to list multiple activities under a\nsingle license.<\/p>\n\n\n\n Choosing a\ncompany name is a hugely important step in establishing a UAE business. There\nare a few things to keep in mind when making this decision. You must abide by a\nstrict, yet easy to follow, set of naming conventions. Once again, a company\nsetup expert can help you with this step.<\/p>\n\n\n\n In short,\nyou should avoid any offensive or blasphemous language. Avoid names of\nwell-known organisations and avoid abbreviations if naming your company after\nyourself \u2013 i.e. Dave Mann Consulting, rather than D Mann Consulting. You must\nalso check that your chosen name is available to register.<\/p>\n\n\n\n The most\nimportant step \u2013 your license application. There are several license types\navailable in the UAE. The right one for your business will depend on the nature\nof your business activities.<\/p>\n\n\n\n If your\nbusiness activities fall into the category of industrial or manufacturing, then\nyou will require an industrial license. If you are in the commercial sector \u2013\ni.e. the buying and selling of goods \u2013 then you will require a commercial\nlicense. Similarly, those offering professional services will require a\nprofessional license.<\/p>\n\n\n\n Whether\napplying to form a company in the mainland or in a free zone, you are usually\nonly required to provide a few details and some basic documentation, including:<\/p>\n\n\n\n Completed\napplication form<\/p>\n\n\n\n Passport\ncopy of the proposed owner or owners<\/p>\n\n\n\n Two color\npassport size photos.<\/p>\n\n\n\n Just like\napplying for your trade license, with the right guidance, the process of\napplying for your own visa, as well as those of your employees, is particular,\nyet straightforward. Again, an expert in UAE company formation can help you\nwith this step.<\/p>\n\n\n\n As the\nholder of a UAE business license, you can also sponsor others for their visas\ntoo. This could be a spouse, parent or child, or a domestic worker such as a housekeeper.<\/p>\n\n\n\n The maximum\nnumber of visas you can apply for will depend on the size of your company, your\nchosen setup and, for dependant visas, your personal earnings.<\/p>\n\n\n\n Starting\nyour business in the UAE<\/strong><\/p>\n\n\n\n If you\u2019re\narmed with the right knowledge, setting up a business in the UAE doesn\u2019t have\nto be overly complex.<\/p>\n\n\n\n That being\nsaid, it does require a level of prior knowledge of the process. What\u2019s more,\nit is important to note that the application process is only straightforward if\nyour license application is complete at the time of submission and free from\nerrors.<\/p>\n\n\n\n To help you\nto ensure that this is the case, it\u2019s a good idea to work with a company\nformation specialist such as Business Incorporation Zone (BIZ) when\nestablishing a new company in the UAE.<\/p>\n\n\n\n We are a\nteam of company registration professionals who are passionate about bringing\nthe dreams of aspiring entrepreneurs and SMEs to life.<\/p>\n\n\n\n As well as\nhandling your license application, BIZ can also assist with the opening of\ncorporate bank accounts and advise on the most appropriate financial\ninstitution to suit your specific needs.<\/p>\n\n\n\n We also\noffer visa and immigration services and can handle all government formalities,\npermissions, work permits and visas applications that are required to trade in\nthe UAE.<\/p>\n\n\n\n In short,\nour experts can establish your company on your behalf, make your license and\nvisa applications, and take care of all the necessary admin \u2013 leaving you free\nto get on with running your business.<\/p>\n","protected":false},"excerpt":{"rendered":" Dubai is a popular destination with entrepreneurs and business owners the world over \u2013 for good reason. In recent years, the emirate has cemented its place as an integral hub for international trade with easy access to some of the world\u2019s largest and fastest growing markets. Add to that a 0% tax rate and it\u2019s easy to see why so many come to do business here. Dubai\u2019s straightforward company incorporation process is another major reason behind its popularity. When you set up here with the help of a company formation agent, the whole process can be completed in just a […]<\/p>\n