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Company Setup in Dubai

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Company Setup in Dubai

Company setup in Dubai refers to the entire process of establishing a new business entity, from initial planning to obtaining your trade license and beyond. Dubai’s dynamic economy and supportive government policies make it an attractive destination for company setup. Whether you are a solo entrepreneur or a multinational corporation, the process can be tailored to your needs. However, it involves several stages and decisions, such as choosing the right type of company, understanding legal requirements, and completing paperwork. Our role is to make the company setup journey smooth, fast, and stress-free, providing expert guidance at each step.

Choosing Your Business Structure

The first decision in setting up is selecting the appropriate legal structure. In Dubai, popular options include a Mainland LLC (Limited Liability Company), a Free Zone Company, an Offshore Company, or a Branch Office of an existing company. Each has its advantages. For example, an LLC in mainland Dubai allows you to operate anywhere in the UAE market and even take on government projects. A free zone company, by contrast, gives you full foreign ownership and tax exemptions, which are great for export-oriented businesses or holding companies (though free zone entities trade within the free zone or internationally). Offshore companies (such as those set up in JAFZA Offshore or RAK ICC) are mainly for asset holding or international business without local operations. We help clarify these options and choose the one aligned with your goals. Many investors choose the LLC route due to its flexibility and now 100% foreign ownership in most cases, while startups and SMEs often love free zones for their ease of setup.

Step-by-Step Setup Process

Here’s how a typical company setup in Dubai works with our assistance: (1) Consultation & Planning: We discuss your business model and requirements. Based on that, we propose the optimal setup (jurisdiction, license type, etc.) and provide a cost breakdown. (2) Trade Name and Initial Approval: We help secure your company name and get initial approval from authorities for your intended business activity. (3) Documentation: Our team prepares all the documentation – this includes drafting the Memorandum of Association (for LLCs), shareholder resolutions, and collecting required IDs and forms. (4) License Application: We submit the complete application to the relevant government department or free zone authority. Thanks to our familiarity with their systems, we ensure forms are correctly filled and all supporting documents are attached, avoiding delays. (5) Payment & Issuance: Once government fees are paid, the trade license is issued. Congratulations, your company is officially established! We then proceed with post-licensing tasks like helping you obtain establishment cards, immigration files, etc., so you can sponsor visas. (6) Banking & Visas: Parallelly or right after, we help open your corporate bank account by preparing the necessary incorporation documents and meeting bank compliance. We also process visa applications for you, your partners, and employees as needed (including medical tests and Emirates ID). Essentially, we don’t just stop at getting the license – we aim to see your business fully operational.

Business-Friendly Environment

One reason setting up in Dubai is advantageous is the proactive support from government entities. The UAE continually updates its laws to attract investors – for example, reducing red tape and eliminating old capital requirements. Today, you often don’t need to deposit any start-up capital for most license types (certain exceptions aside). There’s also a one-stop electronic platform (like the "Invest in Dubai" portal) that integrates various services, making registration faster. Free zones act as one-stop shops too, handling all incorporation and visa formalities in-house. The outcome is a relatively quick and straightforward setup process by global standards. With our local knowledge, we anticipate any challenges. Need special approvals from a Ministry? We’ll get them. Not in the country? We arrange power of attorney to represent you. Worried about language barriers or legalese? We translate and simplify it for you. Our goal is that you feel at ease while we carry the load of bureaucracy.

Reach out to FAZAK for end-to-end company setup support. From choosing the right license to opening your doors for business, we’ll be by your side. Start your Dubai company hassle-free – let us turn the complex setup process into a simple checklist for you.

FAQ: Company Setup in Dubai

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