Business Setup in Dubai

Business setup in Dubai

Expert Consultants will help you launch your business or company in Dubai. Dubai is a dream destination for anyone who want to start a new business or company. Eagle Wings Business Consultant assists you in realizing your ambition. Our consultants offer you the best professional advise on establishing your business or organization in the UAE.

One of the biggest and most reputable business setup consulting companies in the UAE is Eagle Wings Business Consultant. Starting a business is challenging. You require assistance from company setup consultants who have years of experience and are knowledgeable about the best way to proceed for your success. Our experts assist you in establishing your business or organization in the manner in which you wish to succeed both now and in the future.

Starting a company / business in Dubai is simple and time-saving with Eagle Wings. We can assist you in establishing a mainland, offshore, or free zone company. We have a track record of offering competent advice on company formation/registration in Dubai and the UAE. Our highly qualified business set up agents assist you with company formation in Dubai as well as other business related services throughout the UAE. As a one-stop shop, we provide complete business establishment services in UAE for everything a new business need.

If you’re searching for a really active commercial location to establish your new venture, Dubai is the place to be – and for many reasons.

Dubai provides the same levels of convenience, efficiency, speed, and service to entrepreneurs, start-ups, small enterprises, and large international corporations. Furthermore, there are numerous options for every area of business setup in the UAE, including budget, license, location, and premises.

Tax savings, good governance, superior infrastructure, a premium lifestyle, and continually increasing opportunities are just some of the advantages of forming a company in Dubai. Dubai’s ideal location also results in a diverse and international workforce.

The first step for any investor when establishing a business in Dubai is to choose the suitable business jurisdiction. This is a strategic decision because there are basically three jurisdictions: Mainland, Free Zone, and Offshore. Each differs from the other due to license and business activity constraints and flexibility. With the assistance of professional business setup experts, entrepreneurs can select the ideal business jurisdiction.

Difference between Free Zone, Mainland, and Offshore Company formation

Ownership Restrictions

The key distinction between the mainland, free zone, and offshore business formation processes in Dubai is the ownership structure. While the free zone and offshore company creation processes in Dubai provide investors with 100% ownership of the company, the mainland company formation process requires a shareholding requirement. A local sponsor with a 51% share in the mainland business is required. It is required that the local sponsor be a UAE national. Under the professional license, mainland companies can have 100% ownership if they hire a Local Service Agent.

Flexible Business Activity

The mainland company formation process in Dubai enables entrepreneurs to conduct business anywhere in the UAE. Commercial, professional, and industrial operations are permitted for mainland enterprises. However, the procedure of establishing a free zone firm in Dubai is limiting in terms of business operations, as investors are only permitted to trade within the free zone or abroad. The offshore business structure prohibits investors from conducting any business within the UAE.

Workplace Requirements

A physical address is essential for the establishment of a mainland company in Dubai to be functional. This is a requirement, and the DED will only issue the trade license if the company meets it.

There are no strict office space requirements for starting a business in Dubai’s free zones. Depending on the nature of the company activity and work requirements, enterprises can either establish a physical office in the free zone or operate without one. The free zones also provide the Flexi desk system, which allows businesses to use common business center desks. The Flexi desk is a significant benefit for new startup entrepreneurs since it helps them to save money on the initial expenditures of company formation.

Visa Availability

There are no restrictions on the types of visas that investors can obtain in Dubai if they have a mainland trading license. The Ministry of Labour will grant an E-quota to the mainland company that demonstrates visa eligibility. If the company needs more employees, the visa eligibility can be expanded, however this is dependent on the office space. If the company has additional office space, it will be able to obtain more visas. For the free zone licenses, two visas are provided for the smart office package, and if additional visas are required, investors must lease out physical space. The UAE has a structured visa processing procedure, and efficient business setup services in Dubai can be engaged to make the process easier.

Government Authority Approval

Companies must seek permits from several authorities based on their business activity in order to receive a mainland trading license in Dubai. Among these government authorities are

• DED

• Municipality of Dubai

• Labour Ministry

• Naturalization and Residency Affairs Department of the Ministry of Interiors or Immigration (MOI)

In contrast, forming a free zone corporation in Dubai is significantly easier than on the mainland.

Documents Required for the Process of Business Registration

• Initial approval form duly signed by all the partners

• Trade Names

• Passport copies of all the shareholders

• MOA duly attested

• Tenancy Contract of office, Minimum office space required 500 Sq.feet. (for mainland companies)

• Details of the Shareholdings

• Address & Contact nos. for preparing MOA

• NOC from the current Visa sponsor if the foreign shareholders/Manager is UAE resident

It has never been easier to start a business in Dubai. If you are having problems in establishing a business in Dubai, you can contact Eagle Wings Business Consultant for help.