Entrepreneurial Journey in UAE
Company Formation in Dubai, UAE
Embarking on a new business venture in Dubai is an exciting prospect, and RKN Alebda is here to make the journey from concept to establishment seamless and successful.
A global economic leader
The United Arab Emirates has established itself as a global economic leader, with its unparalleled infrastructure, an investor-friendly environment, and untold opportunities.
The country, which in the past relied heavily on its oil resources, is now moving towards a collective future that entails significant economic growth, investments and better trade relations between allied partners.
The economic wealth of the United Arab Emirates makes it the ideal location to establish new business beginnings and every year millions of people visit the UAE to see their company come to life. Business Setup in UAE may seem like a daunting task to the casual observer. After all, navigating the technical legalities of a foreign country is no cakewalk. So, before you question your decision to make business moves in the UAE, reach out to RKN ALEBDA DOCUMENTS CLEARING SERVICES, Dubai’s leading company formation expert.
At RKN ALEBDA DOCUMENTS CLEARING SERVICES, you get to experience the best business setup services in Dubai, affordable packages, dedicated corporate advisors, and anything else you will need to kickstart successful business journeys in the UAE.
From free consultations, UAE company registration, documentation, licensing and visas, government approvals, and more, we have it all. Let go of the hassles of company setup in UAE and let us guide you through the process of business setup in Dubai & the rest of the UAE.
Take Advantage Of All That UAE Has To Offer
The United Arab Emirates is among the wealthiest nation in the Gulf. The country has untold opportunities for growth and therefore, sees millions of expats arrive each year, in the hopes of building their life here. In an effort to diversify its economy, they have shifted their dependency on its oil reserves to sectors such as industrialisation, manufacturing, trade & tourism, to name a few.
Here are some of the major benefits that people experience when seeking a new business setup in the UAE:
- UAE offers a flexible regulatory framework
- Investor friendly government policies
- Liberal tax incentives including 0% personal income tax
- Strategic global connectivity to over 17 countries
- Access to world-class seaports and airports
- Ease of business setup and modern spaces
Choose From Several Jurisdictions, Suiting Your Business Needs
UAE is home to over 40 free zones, has an energetic mainland and supports offshore business activities. UAE’s strategic connectivity to top global cities as well as the multitude of locations within the country make it a major plus-point for company establishment in Dubai.
Here are UAE’s top jurisdictions where you can start your commercial journey from:
UAE Mainland Business Setup
Many entrepreneurs choose to opt for Company Registration in UAE Mainland whether it is Dubai, Abu Dhabi or any of the other emirates. Book a free consultation with one of our legal corporate advisors to learn more about the mainland business setup process.
UAE Free Zone Business Setup
Free zones in the UAE are emerging as the trending destinations for company setup in UAE. Their fast process and tax incentives make it a popular choice for small & medium enterprises. RKN ALEBDA's free zone experts will guide you to choosing the perfect free zone for your business.
UAE Offshore Company Formation
Starting an offshore company in Dubai is one of the quickest and easiest ways to do so. And as an added benefit, investors can do so remotely without needing to be physically present in the UAE. Connect with our offshore experts today.
Get A Free Consultation With Our Company Formation Experts
Delve Into The World Of UAE Business Setup With Our Corporate Almanac
Frequently Asked Questions
There a few steps first that you need to follow before starting your business in Dubai
- License Application.
- Attested LLC agreement.
- Governmental forms.
- Name reservation certificate.
- Initial approval certificate.
- Approval by government authorities.
- Contract of lease.
- Certificate of approval with EJARI.
- Real Estate. Real estate is one of the most established industries in Dubai.
- Financial Services. The UAE has quite an organized and advanced financial system in place, to support the large-scale businesses there
- Retail
- Tourism
- Schooling
- Healthcare
- Decide on a legal framework for your business
- Pick a place. A trade name is registered.
- Request a licence.
- Apply for initial approval certificate.
- Draft an MOA and local service agent agreement.
- Register a physical office in Dubai.
- Sign in a Dubai physical office.
One may get citizenship in Dubai if an employer provides sponsorship. The permit for residency in Dubai must be extended after 3 years. Another way of getting citizenship in Dubai is by buying property. Once an individual is citizen he or she will also be allowed to open a Dubai bank account.
Limited liability company. The most common form of business in the UAE is the limited liability company (LLC). A Limited Liability Company can be created by a minimum of 2 shareholders and a maximum of 50 shareholders whose liability is limited to their corporate capital stock.
Most of the Dubai UAE banks allow non-residents only to open a Savings Account and not a Current Account. Nevertheless, non-residents cannot receive a check book; a debit card will be issued to non-residents to withdraw the money. As a non-resident, the equilibrium will be minimal and/or maximum.
It is better to form a company in one of Dubai’s free zones. A free zone business in Dubai allows foreign companies to own the firm 100 per cent. A limited liability partnership in Dubai (Dubai LLC), which allows foreigners to own up to 49 per cent of the business. The remaining 51 per cent of shares will be owned by a UAE national.
A Dubai business license will run you somewhere around AED 15,000 to AED 50,000 (approx.) or even more!