Business Setup in Dubai

Setting up a new company or extending an established business in the UAE is not easy, especially for individuals as they have to look after other jobs and responsibilities. In addition to this, most business owners understand that taking upon tasks such as filing, connecting with government officials in the UAE, figuring out which license fits their business, and the laws related to starting a company in a different country requires a lot of time. Hence, hiring business professionals good enough to make these tasks easier comes as a relief.

By taking charge and offering the expertise to implement and execute effective company formation strategies, business professionals resolve problems faced by business owners. In turn, this happens to be a great solution that helps both new and existing business enthusiasts to form a company in Dubai, UAE.

Rest assured, if you wish to set up a company with the help of business specialists, the steps to formation are very simple:

1. Fill an online form and provide basic details about your business
2. Business professionals will conduct research on your behalf and help you find the best-suited trading or business license for your company. 
3. They will also file your documents with the concerned authorities and help you open a bank account in Dubai. 
4. Once everything is legally established and signed, the specialists will hand over the complete package to you.

The procedure for forming a company in Dubai is as follows: 

1. Choose your business and company type ( LLC, Mainland, Offshore, Free Zone)
2. Identify the jurisdiction
3. File company registration forms
4. Register trading name to get a business license
5. Obtain papers and sign important documents as per approvals
6. Submit all the documents to the relevant authority. For instance, for setting up a Dubai Mainland submit your file to the Department of Economic Development (DED) 
7. Get your official business license 
8. Begin operating your company and hire employees legally. 

4-5 days. If you choose the right business professionals or Dubai company formation specialists, you will be able to set up a new business in 4-5 business days. 

However, if you wish to set up a company in UAE on your own, it might take you more than just a week to start a business unless, of course, you are fully aware of Dubai company formation, and you have the right legal contacts in place.

There are different fee structures that you need to incur while setting up a company in Dubai. For instance, company registration cost in Dubai ranges between AED 8,000 to AED 12,000 and the recurring cost for a business license is around AED 10,000 to AED 40,000 per year. 

As for renting an office space in Dubai, you can purchase a decent space from AED 20,000 to AED 30,000.

Yes, a foreigner can set up a company in Dubai. In fact, many businessmen and women from different countries already have an established business in Dubai. UAE actively welcomes out-of-country individuals to invest, fund, and start a new company. 

The benefits of starting a company include: 

• Easy Dubai company formation
• Zero corporate tax 
• No financial restrictions
• Complete ownership
• Wide range of business choices and availability of licenses 
• Quick work visa filing process

There are different classifications of companies in Dubai: 

Mainland Dubai 

Free Zone

General and Limited Partnerships 

Public and Private Shareholdings

Offshore 

Sole Proprietorship

Foreign Branch Companies

Civil Companies

One Person Company