fbpx

Complete Guide to Company Formation Services Dubai 2023

Last Updated

September 11, 2024

Company Formation Services in UAE

Table of Contents

UAE has become a prime business destination for business enthusiasts globally due to top-quality products and services. With hassle-free Bestax company formation services and assistance, you can establish your company from scratch in the UAE.

Dubai is offering favorable business opportunities for many industries and it has become a corporate business hub. However, starting a company in the UAE requires you to choose the right business structure for your new corporation. If you are deciding between a Mainland company formation in Dubai, a Free Zone company, or an Offshore new company setup in Dubai, you can trust Bestax business consultants for quality service.

Types of Company Formation- Open Business in Dubai

We provide complete assistance with company formation services UAE to entrepreneurs looking to build a company set up in Dubai.

  • Free Zone Company
  • Mainland Company
  • Offshore Company

Free Zone Company

Free Zone establishments are the best ones to attract more foreign investments in UAE. If you are planning to choose a Free Zone Company, then the business investors may receive many incentives. These are the highly favorable reasons that business owners prefer to choose Free Zone Company.

  • You get tax exemptions
  • 100% foreign ownership with Free Zone Company
  • Your business setup in UAE in this area is not only cost-effective but also affordable.
  • You get cost low-cost business setup company in Dubai
  • UAE Free Zone has a stable transport network which makes road connectivity feasible.
  • Your business receives high-quality labor services to grow your company from scratch.
  • Custom Privilege.
  • Other exemptions may include import duties and VAT exemptions.

Bestax company formation services will help you set up your Free Zones businesses in UAE popular areas. Some of the Free Zones in UAE are listed below

  • Famous for import, trade, and export purposes, the Jebel Ali Free Zone Authority (JAFZA)
  • For aviation and logistics, you can select Dubai Airport Free Zone Authority (DAFZA)
  • Choose the Dubai International Financial Center (DIFC) for the financial service industry.
  • Dubai Media City (DMC) is for the technology, media, and telecommunication industry.
  • Dubai Multi Commodities Center (DMCC) is for the trade and services sectors.
  • The Free Zone areas which mainly focus on trading, logistics and manufacturing are Ras Al Khaimah Free Trade Zone (RAKFTZ), Ajman Free Zone (AFZ), and Fujairah Free Zone (FFZ)

Mainland Company Formation

Coming on to the next business setup structure for company formation in UAE. A licensed company from the Department of Economic Development is called an onshore company or a Mainland company.

These are the LLC Company Dubai or the Branch Representatives, where you can do business outside UAE in the local market.

  • Limited Liability Company where the company is wholly foreign-owned if there are no exemptions as per Decree Law No. 26.
  • The Branch of a Foreign Company does not require a local shareholder. Foreign investors must appoint a UAE national local service agent.

Bestax understands your concerns about forming a stable company in Mainland areas. Therefore, our professional

UAE has become a prime business destination for business enthusiasts globally due to top-quality products and services. With hassle-free Bestax company formation services and assistance, you can establish your company from scratch in the UAE.

Dubai is offering favorable business opportunities for many industries and it has become a corporate business hub. However, starting a company in the UAE requires you to choose the right business structure for your new corporation. If you are deciding between a Mainland company formation in Dubai, a Free Zone company, or an Offshore new company setup in Dubai, you can trust Bestax business consultants for quality service.

Types of Company Formation- Open Business in Dubai

We provide complete assistance with company formation services UAE to entrepreneurs looking to build a company set up in Dubai.

  • Free Zone Company
  • Mainland Company
  • Offshore Company

Free Zone Company

Free Zone establishments are the best ones to attract more foreign investments in UAE. If you are planning to choose a Free Zone Company, then the business investors may receive many incentives. These are the highly favorable reasons that business owners prefer to choose Free Zone Company.

  • You get tax exemptions
  • 100% foreign ownership with Free Zone Company
  • Your business setup in UAE in this area is not only cost-effective but also affordable.
  • You get cost low-cost business setup company in Dubai
  • UAE Free Zone has a stable transport network which makes road connectivity feasible.
  • Your business receives high-quality labor services to grow your company from scratch.
  • Custom Privilege.
  • Other exemptions may include import duties and VAT exemptions.

Bestax company formation services will help you set up your Free Zones businesses in UAE popular areas. Some of the Free Zones in UAE are listed below

  • Famous for import, trade, and export purposes, the Jebel Ali Free Zone Authority (JAFZA)
  • For aviation and logistics, you can select Dubai Airport Free Zone Authority (DAFZA)
  • Choose the Dubai International Financial Center (DIFC) for the financial service industry.
  • Dubai Media City (DMC) is for the technology, media, and telecommunication industry.
  • Dubai Multi Commodities Center (DMCC) is for the trade and services sectors.
  • The Free Zone areas which mainly focus on trading, logistics and manufacturing are Ras Al Khaimah Free Trade Zone (RAKFTZ), Ajman Free Zone (AFZ), and Fujairah Free Zone (FFZ)

Mainland Company Formation

Coming on to the next business setup structure for company formation in UAE. A licensed company from the Department of Economic Development is called an onshore company or a Mainland company.

These are the LLC Company Dubai or the Branch Representatives, where you can do business outside UAE in the local market.

  • Limited Liability Company where the company is wholly foreign-owned if there are no exemptions as per Decree Law No. 26.
  • The Branch of a Foreign Company does not require a local shareholder. Foreign investors must appoint a UAE national local service agent.

Bestax understands your concerns about forming a stable company in Mainland areas. Therefore, our professional business consultants or agents are here to provide complete support and assistance.

Offshore Company Formation

If you want to set up your company outside Dubai, it is called a non-resident or offshore company formation. Most business owners choose to go for this kind of business structure as a holding company.

Here you can be able to hold the following in an offshore company

  • Intellectual property rights of copyrights, patents, and trademarks.
  • License of any franchise company outside the UAE
  • Holding shares in other company jurisdictions.

Dubai Company Setup Packages

The United Arab Emirates has taken business development to the next level by offering entrepreneur-friendly laws and policies to people.

Here are some of the Dubai company packages listed for you

  1. IFZA – AED 12900
  2. RAKEZ – AED 6500
  3. SHAMS – AED 5665
  4. Meydan Dubai – AED 12500
  5. Mainland DED – AED 20,000

Company Formation Procedure and Registration

Starting a company in the UAE may be a complex procedure. However, below mentioned steps under the supervision of our business consultants may help you achieve your goal.

  1. Planning your business activity is the first step towards a stable and long-term company formation. However, make sure to follow the guidelines of the company set up by the Department of Economic Development (DED).
  2. Trade name selection is a crucial part of company formation. Using a unique and appropriate name as per laws and regulations is essential.
  3. Prepare the required documents and make sure that the documents are attested by the UAE Embassy in the country of your origin.
  4. If required, provide a legal or official translation of the documents required.
  5. Your documents must be attested by the Ministry of Foreign Affairs and the Ministry of Justice in UAE.
  6. Now apply for initial approval from the Department of Economic Development (DED).
  7. Open a business bank account and then deposit your share capital into your bank account.
  8. Your next step is preparing a Memorandum of Association MOA and the partnership agreement for company formation.
  9. Establish business location as per your business activity
  10. Obtain final approval from the Department of Economic Development (DED).
  11. Apply for industrial or commercial license
  12. Register with the Chambers of Commerce
  13. Register with the Ministry of Labor and Immigration
  14. Registration with the Municipality
  15. Registration with the Civil Defense

How Bestax helps with Company Formation Services in UAE?

Our business consultants will advise you about the business structure you should choose as per your business plans. Our company formation services are available for all kinds of business jurisdictions and company types.

Bestax’s qualified business professionals will assist you throughout the company formation services. From finding a sponsor for document attestations, legal services, and opening a bank account to applying for a license, and seeking final approval, we advise you and help you complete the process.

Contact us for company formation services in UAE and other related services. We will assist you right away as per your business requirements.

 

Get Free Consultation

?
?
?

For Instant Reply

Start Your Business in UAE Now

Get Free ConsultationDownload Quick Guide

Get Free Consultation

Get Free Consultation

Get Free Consultation

Get Free Consultation

Get Free Consultation

Get a Quote

?
?
?

UAE Business Setup Cost Calculator