Launch Your Company in Dubai in 6 Simple Steps (2024)
- June 3, 2024
- Posted by: fatma zahra
- Categories: Business, Business Services, Business Setup, Business Setup in UAE
Dubai’s thriving business environment attracts entrepreneurs worldwide. Setting up a company in Dubai is surprisingly straightforward, and this guide simplifies the process for you.
Why Choose Dubai?
- Favorable Tax Regime: 0% corporate and personal income tax.
- Global Connectivity: Strategic location for international trade.
- Business-Friendly Initiatives: Government support for startups and growth.
- Streamlined Regulations: Easy company formation process.
6 Steps to Registrate Your Company in Dubai:
1. Choose Your Business Activity:
- Over 2,000 activities are permitted by the DED.
- Clearly define all intended business activities.
- Company setup firms can assist in selecting the right activity for your needs.
2. Select Your Business Structure:
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Choose the appropriate license type (professional, industrial, etc.).
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Decide between mainland Dubai or a free zone.
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Mainland:
- Direct access to the UAE market and government contracts.
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Free Zone:
- 0% corporate tax, full customs tax exemption, no currency restrictions, 100% capital and profit repatriation.
3. Pick a Winning Business Name:
- Adhere to strict naming conventions.
- Avoid offensive language, religious references, or initials-only names.
- Check name availability with company formation experts.
4. Submit Your Business License Application:
- Free zone applications go directly to your chosen free zone authority.
- Mainland applications are submitted to the DED.
- Required documents vary based on business size, nature, and nationality.
- Partner with a company formation expert to ensure a smooth application process.
5. Obtain Necessary Visas:
- Secure visas for yourself, employees, and dependents (if applicable).
- The number of visas allowed depends on your business size and location.
6. Open a Corporate Bank Account:
- Navigate the application and acceptance criteria of local and international banks.
- Company formation experts can advise on the most suitable bank and facilitate introductions.
Getting Started with your company in Dubai:
Setting up a company in Dubai is affordable and efficient. While the process is simple, avoid delays or rejections by partnering with a company formation specialist.
They can handle everything:
- Basic documentation collection
- Business nature information gathering
- License and visa application management
- Communication with relevant authorities
- Updates on your progress