Business Setup in Dubai 2024
Company Incorporation in Dubai UAE
The UAE is a haven for entrepreneurs and businessmen with its lucrative economy and favourable tax system. It has its own businesses and free zones that attract investors from around the globe. Business Setup in Dubai can seems like an intimidating task, often making new business owners overly cautious of various pitfalls and second-guessing their plans. We here at AHG Chartered Accountants will help you streamline this process with our years of experience in the local markets and expert working knowledge of the rules and regulations coupled with our history of helping kick-start all kinds of business ventures.
5 Simple Steps For Company Formation in Dubai UAE
Company Formation in Dubai UAE
We offer business set up services in Dubai after which we help you obtain the trade license for your business establishment. Our services do not end there, we will set up your company’s bank account and handle all your visa processes. In short, we will take care of all the routine procedures leaving you with the time and resources to focus on innovating and expanding your business!
What is the most common business in Dubai?
Small to medium size enterprises make up 90% of the economy. Key sectors driving economic growth include transportation, the financial industry, wholesale and retail trade, accommodation and food service, real estate, and manufacturing.
Steps to Company Formation in the UAE
1-Book a Free Consultation with AHG Experts: As the best business setup consultants in Dubai, we are always available to meet in person or via call. Share the details of your business activities, number of shareholders, office space needs so that we can create custom packages for your company.
2-Choose the Ideal Business Location: Find the perfect jurisdiction, whether it’s UAE mainland, top free zones or offshore setup. Get tailor-made cost-effective solutions for your company formation in Dubai.
3-License Application : Our corporate advisors will help you fill out your application form, get your Memorandum of Association, Company Incorporation Certificate and other important documents and submit it to the concerned government authorities.
4-Visa and Emirates ID Processing : Entrepreneurs in the UAE will need residency visas for themselves, their dependents, partners, employees and more. AHG helps you with all visa applications as well as getting you to your medical appointments and Emirates IDs.
5-Business Banking Assistance: Once all the steps mentioned are taken, the final process is to get a corporate bank account set up for your business. This is an essential step as you cannot carry out transactions for your business without a bank account in the UAE.
Dubai Business Setup: How to register your business
Business registration in Dubai is relatively easier. Dubai authorities require minimum paperwork and duration. Here are the key steps to company registration for business setup in Dubai
- Choosing a Legal Structure
Select the type of legal entity that best suits your requirements for business setup in Dubai. Available options are limited liability company (LLC), sole proprietorship, or branch office. - Selecting a Trade Name
Choose a unique trade name for your business setup in Dubai and ensure it complies with city’s trade name regulations. - Obtaining Approvals and Licenses
Depending on your business type, you may need to obtain approvals and licenses from relevant government departments for a smooth business setup process. - Registering with the Dubai Department of Economy and Tourism (DET)
Submit the required documents for business setup in Dubai to the DET (incase of Mainland) and pay the registration fees to obtain your trade license. - Registering with Dubai Municipality
Register your business with the Dubai Municipality for health and safety requirements. - Opening a Bank Account
Open a corporate bank account in Dubai to manage your business finances. - Applying for Visa
If you are a foreign national, you may need to apply for a business visa for business setup in Dubai.
It’s important to note that the specific requirements and processes may vary depending on your business type and location. It’s recommended to seek the help of a professional service provider to ensure a smooth and efficient business setup process in Dubai.
Our company AHG can help you establish your company or investment, by providing integrated and specialized services, which ensure the success of the project and the achievement of its goals. Therefore, contacting us is an essential step to achieving success in business.