What does your business setup look like?
We support you with:
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Market entry consulting
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Company formation
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Fiduciary management
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Administrative support (compliance)
Legal advice
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Labor law
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Corporate law
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Tax law
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Real estate law, etc.
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Accounting & financial reporting
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Import, export, and administrative tasks
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Processing of residence permits (visas)
Here is what you should know.
Before you start, you need to decide whether you want to operate in a free zone or offshore. Depending on the requirements, both options have their own advantages and specifications.
Free Zone
Free zones or free trade zones in Dubai offer entrepreneurs full ownership rights, a corporate tax rate of 9% (for profits over AED 375,000), and no income tax.
However, there are restrictions on direct trading with the local UAE market.
Dubai has more than 30 free zones, each tailored to specific industries.
Mainland
Mainland companies are legal entities registered with an Emirate authority (Department of Economic Development). As such, these companies enjoy certain freedoms in their business activities and establishment.
They can issue visas, freely conduct business with other companies both inside and outside the UAE, and potentially bid for government contracts.
Types of Licenses:
In addition to choosing a zone, you also need to determine the type of license you require. The Department of Economic Development (DED) issues business licenses.
There are three main types you can apply for:
Trade
A trade license allows you to establish a business in Dubai that involves trading activities or the buying and selling of goods. This license covers businesses in import & export, sales, logistics, travel & tourism, general trading, and real estate.
Industry
The industrial license is granted to companies involved in manufacturing activities, where natural materials and resources are manually or mechanically turned into finished products. This license covers businesses like textile or paper manufacturing or metal processing.
Professional
The professional license is issued to companies that are service providers, craftsmen, or artisans. Examples of businesses that apply for this type of license include medical services, beauty salons, and repair services.
Do I need a sponsor?
When setting up in a free trade zone such as DMCC, NO local sponsor is required. One of the main advantages of establishing in a free trade zone is that you can set up an entity with 100% foreign ownership without the need for an Emirati partner or sponsor.
These are the benefits
of setting up a business in a free zone:
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0% corporate tax
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Low corporate tax rates
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100% company ownership
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100% repatriation of capital and profits​
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No currency restrictions.
Contact
We establish contact between you and the specialists.
Azzizi Mina, Palm Jumeirah, East Cresent Road, Dubai V.A.E.
Valuable Information for Starting a Business
What should you definitely pay attention to in advance?
1. Comprehensive Market Research: Before deciding to start a business in the UAE, thorough market research is crucial. Examine your target market, competition, demand for your products or services, and legal and regulatory frameworks. A solid understanding of the market will help you make strategic decisions and maximize the success chances of your business.
Starting a business in the UAE offers several advantages that can help boost your company's success and profitability. Here are some of the key benefits:
Naturally, there are potential risks and challenges to consider when entering the UAE market:
What types of business entities are there?
The UAE offers entrepreneurs different options for establishing a business.