Launch Your Business in Dubai with Confidence
Raes Associates is your one-stop shop for seamless business setup in Dubai and across the UAE. We are a leading business management consultancy, guiding entrepreneurs and investors through every step of the process, ensuring a smooth and successful launch.
Our Comprehensive Business Setup Services
We take the complexity out of the business setup, offering a range of services to suit your specific needs
Fetaured service
We specialize in a variety of free zones
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Business Setup Services in Dubai, UAE
To make an informed decision on the best company incorporation structure for your business in Dubai-UAE, various factors need to be considered. These include the nature of the business, growth plans, available funding, the need for outside investors, tax implications, personal liability, compliance requirements, and the mix of individuals and companies involved. Engaging professional business setup services in Dubai can provide valuable guidance in selecting the most appropriate option for your needs. Expert company formation services in Dubai can assist in navigating the complexities of UAE business regulations and streamline the process of establishing a business entity tailored to your specific requirements and goals.
Why Choose Raes?
Shareholders and Share Capital Requirements
When laying the foundation for a Dubai-UAE enterprise, the composition of shareholders is a critical facet. Traditionally, UAE firms require local partners to hold at least 51% of the shares, while foreign shareholders or a single foreign stockholder could own the remaining shares. Recent legislative changes now permit complete foreign ownership in specific business setups, enhancing the appeal of the UAE as an investment haven.
The UAE’s Company Law outlines stipulations for share capital in domestic firms. Limited Liability Companies (LLCs) carry no minimum share capital, but investors must demonstrate adequate capital for the intended activities. Meanwhile, private and public onshore entities hold minimum share capital prerequisites of AED 5 million and AED 30 million, respectively. Free zones may introduce distinct share capital norms, contingent on their governing authorities.
Why Choose Raes?
Types of Company Formation
In Dubai-UAE, there are various types of companies available for incorporation, including onshore companies operating in the UAE market, offshore companies registered in the UAE but operating outside the country, free zone companies operating within designated free zones, branch offices, and subsidiaries for foreign companies, and sole proprietorships for activities conducted by a natural person. Each business form has its specific requirements and considerations, necessitating expert advice when choosing the most suitable option.
Steps of Company Formation in UAE
- Choosing the appropriate business form
- Reserve a trading name
- Drafting and notarizing the Memorandum and Articles of Association
- Filing documents with the Department of Economic Development
- Registering for employment and obtaining a VAT number
- Applying for necessary licenses to commence business operations.
The costs of company incorporation in the UAE may include company registration fees, virtual office expenses, minimum share capital requirements, company formation charges, and accounting services if required.
Licenses for Company Incorporation in UAE
The licensing process is an integral part of company incorporation in the UAE and is typically completed simultaneously with the incorporation process. General licenses, such as trading, industrial, commercial, and professional licenses, must be obtained regardless of the company’s location. Specific licenses may also be required for certain activities, such as import and export. Each free zone may have its set of activities and licenses, imposed by the respective free zone authorities. Complying with licensing requirements is crucial for legal operations in the UAE.
Major Cities for Company Incorporation in UAE
In the UAE, several major cities are suitable for company incorporation. Dubai is a cosmopolitan city known for its shopping experience, attracting tourists worldwide. Abu Dhabi, the richest home, is a well-organized business center in the UAE. Sharjah is home to the Sharjah Airport International Free Zone, attracting foreign investors. Other cities, such as Fujairah, Ras Al Khaimah, Ajman, and Umm Al Quwain, also offer unique advantages for business setup.
Benefits of Company Incorporation in Dubai, UAE
Company incorporation in Dubai-UAE offers several benefits for businesses. The region provides a favourable business environment, and companies can thrive with the right structure and support. Engaging business setup services in Dubai ensures compliance with local laws and regulations, facilitating the incorporation process. Dubai’s strategic location allows access to the Middle Eastern, Asian, and African markets, making it an appealing destination for entrepreneurs and investors alike.
Setting up a company in Dubai-UAE can be a rewarding venture for foreign investors. With various company incorporation options, understanding local regulations, and enlisting the help of professional business setup services in Dubai, entrepreneurs can navigate the process successfully and enjoy the numerous benefits the UAE has to offer.
