There are plenty of options available while setting up or expanding your business - licenses, business activities, business locations and legal frameworks. it can get difficult to make the right decision.
It can be hard to stay updated with all the requirements related to setting and owning a business in UAE. Getting the right information can not only be time consuming but can possibly lead to information overload and lead to incorrect decisions.
Many details are involved in the initial application and formation process like application forms, contracts, bank papers, stamped documentation, translated letters, copies of original documents and other important paperwork that needs to be submitted at the right time, filed and stored for future use.
Which Business Activities You Intend to Carry Out?
How It Can Be Mapped to The Appropriate Activities Code of The Respective Licensing Authority or Free Zone Authority?
Which Is the Ideal Place to Carry Out Your Business Activities (mainland Dubai Or Other emirates) Or Free Zone (Dubai Free Zones or Free Zones In other emirates)
What Corporate / Legal Structure Is Appropriate for Your Business
What Application Forms and Other Documents Are Required to Be Completed to Obtain the Trade License and Other Operating Licenses to Start Your Operations
Complete the Entire Documentation, Complete the Process and Obtain the License
Getting Residence Permits and Visas.
Our team’s decades of experience in the process of company formation within UAE enables us to provide turn-key and hassle-free solutions.
Speak to our experts who can assist you with the process of
business set up / company formation in UAE.
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The UAE stands at the forefront for political and security stability in the region. Its business climate is considered as one of the most favourable in the area with well-defined and sound legal framework for businesses.
UAE is a major international centre for business activity with a dynamic and rapidly growing economy. The UAE economy continues to grow despite regional and global challenges. It has successfully diversified from oil increasing the contribution of non-oil sectors in the economy.
UAE invests heavily in telecommunications, energy and industrial infrastructure, enabling it to have one of the best infrastructure facilities in the world. World class amenities are available in terms of office spaces, business parks, warehousing, utilities and transportation for foreign investors looking to set up in UAE.
UAE is currently home to 45 free zones catering to the needs of various business categories. These specialised free zones are scattered over the seven emirates and offers various incentives for foreign companies to establish their presence in UAE. Some of the free zone benefits include:
UAE’s liberal labor policies make it easy and cost effective to recruit employees from almost any part of the world. Abundance of skilled and unskilled labor makes it easier for new companies to find the required manpower for their business operations.
Department of Economic Development (DED) is the authority responsible for driving UAE’s economic agenda while improving the business environment of the country. It develops economic plans and policies, identify and support strategic sectors and also provide administration services to local and international investors.
UAE’s heavy investment in real estate facilities such as hotels, residential and commercial properties, recreational and leisure facilities have made it one of the world’s most preferred expatriate locations. The country offers high quality of life and superior living conditions to its residence making it one of the most vibrant global destinations.
UAE is very strategically located between the three continents Europe, Asia and Africa. It offers easy access to the GCC and the entire Middle East market. This helps to organize effectively an international trade flow with minimal costs. Modern sea and air transport companies, ports and airports in UAE are connected with all the international transport hubs providing the possibility to deliver goods from and into any part of the world.
The extraordinary vision of the country’s leaders established UAE as one of the world’s most successful countries for international trade.
UAE has an open and free economic system which attracts many investors and business into the country. Government control and regulation of the private sector activities is kept to a minimum with no direct taxes on corporate profits or personal income. Liberal visa policies in UAE permit private sector businesses to recruit expatriate workers from almost all over the world.
Our team has decades of experience in the process of company formation within UAE and we support new business owners by providing turnkey and hassle-free solutions.
We provide a full-fledged scope of all business advisory and related services so that you don’t have to work with multiple companies.
Whether you are still exploring business set up options or stuck up with paperwork, our team can provide the right guidance and consultation to get things moving.
We enjoy a long and strong relationships with major free zones throughout UAE, including DIFC and ADGM, which enables us to provide quicker and cost-effective solutions.
Supporting your business with tailor-made and expert CFO, Accounting and Book keeping services.
Offering a broad range of specially tailored HR & Payroll services that meet your needs and your budget.
Providing DIFC & ADGM services for your specific requirements related to setting up a company, financial statement audits, CFO services, Agreed Upon Procedures, etc.
Once you have decided the type of business to start, you can choose a business name and apply for a business license. UAE offers an environment various types of businesses - you can contact a professional business advisor like KPI, to help you with the process and formalities. It is fairly easier to set up your own business in UAE.
An exact amount may not be defined. It depends on factors like the type of business, location, and the type of business license.
It may take anywhere between 7-14 days depending on the type of business, the process involved, permissions and the type of license required.
Free Zones are areas designated for international businesses, which need 100% foreign ownership.
The DED or Dubai Economic Department in UAE is the concerned government authority responsible for all the mainland business level activities.
Yes, all businesses need to have a physical office in UAE. There may be some exceptions for offshore business setup.
There are three types of trade licenses available in UAE - Commercial license - for trading activities, Industrial license - for manufacturing or industrial activities and Professional license - for service providers, professionals, artisans and craftsmen.
As of 2021, for trade license renewal, the documents required are: a valid EJARI registration certificate, a tenancy contract from RERA and a UBO form.