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Business Setup Services in the UAE

Plethora of options are available for setting up your business in UAE. However, Business Setup Worldwide provide strategic advice for business planning and setup and undertake the charge of whole business structure, while you concentrate on your business.

Who We Are

Business Setup Worldwide is a professional company providing business set up services in the heart of UAE, Dubai. We offer a broad range of services to help foreign investors and international companies establish their presence in the region. We understand the local market, technical expertise, requirement and knowledge to start your business cost effectively and in appropriate time. From determining the right kind of company, trade license to hiring personnel for your free zone, offshore or LLC, ensuring efficient utilization of your resources, assets, time and money.

Why does a business need Business Setup Service in UAE?

UAE in the last few decades has become an important point of international trade. UAE has one of the highest numbers of investments regarding business setup. UAE offers all then incoming business the advantages of a highly developed economy along with the competitive business environment. At the same time, it is easier for the international investor to benefit from Business Setup Consultants and their local knowledge of administration, legal procedures, and connection. As time is an important instrument along with money, it is favourable for the business owner to utilize their time in building up the client relationship rather than get stuck in operational issues.

How does the process work?

Setting up a business in UAE is a very structured procedure, starting with the kind of business setup suitable for the firm. The following are the type of business setups that UAE offers:

Mainland Setup UAE

UAE has seven Emirates, and the mainland consists of all the business entities which are directly registered under each Emirates government and its authorities.  The commercial activities are restricted to the geographical areas. Each of these regions is a representation of the local government policies, the legal structure of its most developed economy.

Dubai Mainland Setup

Commercial area permitted by the DED (Dubai Economic Department) to foreign entities to operate business functions.

Sharjah Mainland

To enhance the private sector business, Sharjah economic department created this open trade market for international companies.

Abu Dhabi Mainland Setup

Abu Dhabi Economic department actively participates in the formation of business registration of the most commercialized areas other than Free Zone.

Free Zone Setup

Free Zones are commercialized areas to support economic reform. These economic zones are created to attract foreign investors to invest and set up businesses, have no taxes and can have 100% of the firm, unlike mainland areas.  Customs privileges make the free zones the most favourable locations in the Middle East for international operations.  Business Setup Worldwide provide professional services and expertise in the formation of companies in all free zones of UAE including:

UAE Offshore Setup

UAE provides the privilege of creating offshore companies to foreign business owners. Incorporation of an offshore company for a foreign investor can be used for various purposes. Offshore companies are used as a holding company to hold interests in other firms in different jurisdictions, to hold trademarks, copyrights and other intellectual property rights, as well as for licensing of franchises. Income tax is not levied on the gain from an offshore company.

Advantages & Disadvantages of Business Setup in UAE

UAE opens great prospects and opportunities for the establishment of business. Minimal crime rate, no taxation, the stability of the current national currency, proposals for residential and commercial properties for their purchasing and renting, and the perfectly organized infrastructure are some of the benefits that make the United Arab Emirates attractive for the setting up of a new business or expanding the existing one.

Some of the advantages are:

  • No corporate taxes on the gained profits for legal entities;
  • No income taxation for business owners and employees.
  • Simplified financial reporting system.
  • Interest protection of the foreign business owners.
  • UAE LLC offers unrivalled access to the wider UAE economy
  • The investor becomes the partner in the company
  • The investor gets the investor visa under which he/ she enjoys the investor’s status in the Emirates along with his/her family
  • The investor has the option to commence branches
  • The investor can manage the business without the day-to-day interference from the local partner
  • The assets and capital created will be in the name of the company and not in the name of the local, national partner.
  • Easy to open global /local corporate bank accounts and avail credit facilities.

Although there are limited disadvantages, however, bureaucracy creates some operational hassles such as:

  • Foreign ownership restrictions, 51% of the shares must be officially registered under the ownership of the Local partner;
  • Access to bank accounts by the local partner.
  • The official registration of the side agreement is not possible
  • For business operation, full POA of the local partner
  • As per UAE jurisdictions, the Local partner has the right to claim 51% ownership of the company’s shares.
  • A Free Zone Company is not allowed to trade directly with UAE domestic market. The Free Zone Company can undertake local business only through the locally appointed distributors. The customs duty of 5%is also levied for the local business.

Why us

We at Business Setup Worldwide provide you most efficient and appropriate solution for your business establishment. Our presence in UAE for many years has made us specialists in the area of business setup. Our connections go beyond the boundaries of UAE to establish a profitable venture; in short, we are a one stop shop for your operational requirements. Our knowledgeable team and experts come with decades of experience and proper connections, thus reduce your overall time from approaching us to starting up your venture in this region. If you would like to know more about UAE Business Setup, kindly write to us at info@businesssetup.com we will be happy to support/ take any of your queries.

Frequently Asked Questions

Can a construction company have office in the free zone?

Construction or any business activity which needs to be operated in the local market is not welcomed by the free zones.

Is it possible to open a branch office of a local company (UAE) in any other Emirate or same Emirate?

The same is possible, but the different location will be a branch of the main company in a different Emirate. The activities in the license are subject to the approval from the Economic Development Office. For setting up of a branch, incorporation documents of the parent company will be required.

What is minimum required share capital for forming and LLC in UAE?

The minimum capital of an LLC company will be AED 300,000 (each share is AED 1). If the capital is AED 1,000,000 or more, then a proof of money is required.

How long the registration and licensing process does take?

The process depends on the jurisdiction of each of the Emirates where the business is being setup. However, if the security checks have been cleared and the application fee and all supporting documentation are present and correct, the registration and licensing process can be completed within as little as one day.

Who shall be appointed a local service agent for a branch of a foreign company in Dubai/Abu Dhabi?

UAE nationals/ Emiratis or companies owned by UAE nationals (100% ownership) are appointed as local service agents.

I have been holding a UAE company for sometime, is it possible to make future amendments in the license?

Amendment of license is possible; we can help you with any changes you may require to make such as adding activities, shareholders, etc. (subject to approval).

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