Dubai Company Setup Packages
Steps of Company Setup in Dubai
Establishing a company in Dubai follows a streamlined process with clearly defined requirements at each stage. Properly fulfilling these requirements is crucial for a smooth and hassle-free company formation experience. This concise overview aims to guide investors through the key steps involved in setting up a company in Dubai:
- Determine the business activities you plan to engage in.
- Select the appropriate legal structure for your business entity.
- Identify a suitable location for your business operations.
- Reserve a unique name for your business.
- Compile and submit the required documents to the relevant authorities.
- Draft a Memorandum of Association (MOA) and obtain necessary external approvals.
- Choose and secure office space for your business premises.
- Apply for and obtain a trade license to legally conduct your business activities.
Benefits of Business Setup in UAE Freezone?
Dubai Free zones are a great option for businesses starting up in industries such as Trading, E-commerce, Media, Construction and many more. Get your freezone license faster, and in the most convenient manner with Company Setup Consultants. What are the manifold benefits of starting a business in UAE Freezones? The most important ones include 100% ownership guaranteed, profit repatriation and a tax-free environment. Our close network and connections with UAE Freezones enable you to get things done rightly and cost effectively. Select from the following Freezones:
- IFZA
- Shams Freezone
- RAKEZ Freezone
- Ajman Freezone
- DIFC
- DMCC
- Jebel Ali Freezone
- Umm Al Quwain Freezone
For Further Information, Get In Touch
You can contact us on info@spiderbc.com or call us on +971 800 774337
Why setup your
business in Dubai Mainland?
- Zero corporate or personal tax
- Apply for Visa (included in the package)
- Complimentary PRO service
- Setup your business within few hours
- No limitations on getting employment visas and easy recruitment process
- Low import duty
- Get 100% ownership with Professional license
- Build strong connection with local stakeholders
- Get your Trade License Dubai without Office Space
- Zero restrictions on trade and do direct business with local UAE market
Types of Trade License in UAE
Commercial License:
- A commercial license is issued to a company involved in any sort of commercial trade activity including areas of Wholesale, Brokerage etc.
Professional License:
- This license is issued to any individual or company providing any professional activities including Consultancy, Nursery Education etc.
Industrial License:
- Industrial License is provided by the DED to business that convert natural materials or fine products. This included activities in Manufacturing.
Tourism License:
- Tourism License is granted to businesses in the travel/tourism industry. All of the licenses are checked and approved by DED.
FAQ on Dubai Business Setup Packages
How much does it cost to set up a company in Dubai?
Cost to set up a company in Dubai can range from AED 20,000 to AED 60,000 (approx. USD 5,500 – USD 16,500) for trade license, company setup, and basic visa fees. Additional costs for office rental, ministry fees, attestations, etc. can significantly increase the total. Costs vary based on company type, activities, and jurisdiction. Consult professionals for an accurate estimate based on your specific requirements.
Can you own 100% of a company in Dubai?
Yes, you can own 100% of a company in Dubai within certain designated free zones. These zones offer foreign investors full ownership and are governed by their own regulations, separate from UAE federal laws. However, outside of these zones, local ownership requirements may apply depending on the type of business activity.
Is it worth setting up a company in Dubai?
Setting up a company in Dubai can be worthwhile due to its strategic location, business-friendly environment, tax advantages, and access to a diverse market. However, it depends on your specific business goals, industry, and target market. Researching local regulations, market trends, and consulting with experts can help determine if it aligns with your objectives.
What is the cost of Dubai mainland company formation?
The cost of forming a mainland company in Dubai varies depending on several factors such as business activity, office space requirements, license fees, and legal documentation. Generally, it can range from approximately AED 15,000 to AED 50,000 or more. Costs may include trade license fees, registration fees, visa processing fees, office rent, and legal consultation fees.
What is the cheapest option to open a company in Dubai?
The cheapest option to open a company in Dubai is typically within one of the free zones. These zones offer cost-effective solutions with simplified setup processes, reduced paperwork, and various incentives like 100% foreign ownership and tax exemptions. However, it’s essential to consider specific business needs and regulatory requirements before making a decision.