Are you thinking about the registration of a company in Dubai? If yes, then you’re taking the right step,. Starting a Limited Liability Company in Dubai Mainland gives you a benefits of 49 % of the company’s ownership as a foreign investor. Whereas, starting a Free Zone Company in the Emirates offers you 100% ownership.
Forming a company in Dubai isn’t as difficult as landing on the moon. There is a process that you need to follow for starting a company in the Emirates without any hassle.
One of the most essential steps when it comes to starting a business is to decide on the business activities. The UAE government offers over 2000 business activities to pick from. And a good thing is there are several zones in the UAE dedicated to a specific business. For instance, SHAMS aka Sharjah Media City is perfect for starting a business in the field of media and creativity in Dubai.
Once you pick your business activity, the next essential step is to select a suitable name for your company. Make sure that you aren’t using any offensive term in the name. We, at TVG, help you in picking the most relevant name for your entity.
When you finally select your business activity and company name, the next step is to complete the application process for it. Provide all the necessary documents along with the copies. Moreover, some free zones also need additional documentation, such as a business plan or a NOC(Non-Objection Certificate).
After the processing of your licence application, it’s important that you get the notification. An expert from TVG stays in regular contact with you for instant notification.
Are you eager to know one more crucial step of company registration Dubai has? Well, it’s to open a bank account. Either approach a bank of your choice or ask your business setup consultants in Dubai to do it for you.
Finally, you can apply for a suitable UAE visa for you. Seek guidance from our Dubai visa processing experts and get your UAE visa issued as soon as possible.
Dubai serves a lot of opportunities for entrepreneurs to start their own businesses. There are a lot benefits you can enjoy after starting up a company in Dubai, such as easy trade laws, 100% ownership benefits in a few free zones, etc.
Yes, you can handle both the tasks of a manager and shareholder for your company until you hire someone for the role. It’s possible.
The entire process of business incorporation in Dubai can take a minimum of 5 days and a maximum of six weeks in a few free zone entities.