Company Registration in Dubai
To operate business in UAE, you need to register your company in the UAE. Starting up your business in Dubai enables you to conduct business throughout the UAE.
Company Registration in Dubai and the UAE
There are various steps and procedures involved in company registration in Dubai and the UAE. Our business setup specialist will assist throughout the company registration process and suggest you a suitable business structure and office setup location. UAE is located at a strategic geographic location which enables you to operate your business with ease.
For residents and investors, Dubai is the most privileged and safest country in the Middle East. Its geographical presence makes it one of the most popular work, live, and investment destinations. Dubai is one of the biggest growing economic hubs and offers you valuable benefits like 100% foreign ownership, a wide range of business activities, easy availability of visas, and much more.
Company registration in Dubai could be time-consuming and involves complex procedures due to a lack of proper knowledge. With WeServe, the company registration process could be hassle-free and more convenient, and more efficient. With our proper guidance and understanding of the legal structure, you can start your business in Dubai and UAE within 24hrs and more easily. There are three different types of companies you can register for in Dubai and the UAE.
Mainland License
The Dubai Mainland License is issued by the Dubai Department of Economy and Tourism (DED) which is the principal authority for the supervision and development of Dubai’s economy and tourism sectors. WeServe works alongside DED for company formation in Dubai Mainland, providing business setup services to our clients to handle all the government formalities and legal documentation. Dubai Mainland License allows you to run and operate your business all over UAE. As per the new regulation, the Dubai Mainland license holder can enjoy 100% foreign ownership of their business, however, there are certain business activities and types which require a local sponsor. Mainland company formation in Dubai, UAE allows you to expand your business into other areas of Dubai and across the UAE. DED issues three kinds of licenses: commercial licenses, industrial licenses, and professional licenses. WeServe Business Setup offers business consultancy for acquiring a Dubai mainland license and beginning your business, saving you money and making the entire process stress-free.
Freezone License
Free zone permits enable enterprises ranging from startups and SMEs to major multinationals to conduct business in the UAE. The UAE has 45+ Free zones with the best activities and business packages. Free Zones are economic zones in which one can conduct business in the region. WeServe helps with company establishment in over 45 UAE free zones. There are numerous elements to consider when determining which free zone best meets your individual business needs, such as business kind, location, price, office space alternatives, auditing, bookkeeping, share capital requirements, and much more. WeServe assists you in locating the best Free zone for your business needs and incorporating your company in that Free zone, which saves you money, keeps you on track, and makes the entire process stress-free. A free zone license, visa assistance, attestations, legal translations, and other services are available through us. We give ongoing business support following the creation of the firm and strive to build long-term relationships with our valued customers.
Offshore License
The offshore companies in the UAE only hold a certificate of incorporation and are not issued operating licenses. Offshore companies cannot issue visas or have a physical office within the country however, they are permitted to open a bank account in the UAE. Also, they are not allowed to do business with a UAE resident. There are many reasons why the investor opts for an offshore company formation in the UAE like tax exemptions, international funding, and plans for business expansion. Offshore licenses are used as holding companies and are mainly incorporated for operations in foreign countries with financial, legal, and tax benefit purposes. Primarily three authorities are offering Offshore Companies licenses in the UAE: Jebel Ali Free Zone (JAFZA), Ajman Free Zone (AFZA), and the Ras Al Khaimah International Corporate Centre (RAK ICC). Unlike mainland licenses and free zone licenses, the Offshore company formation issuance process is not applicable in UAE and offshore companies are issued certificates of incorporation. WeServe will assist you to get your Incorporation Certificate in the UAE within a day or two.
How to Register a Company in Dubai and UAE
Here is a step-by-step company registration process in Dubai
The procedure of registering a company in the UAE begins with selecting a suitable trade name and obtaining authorization. The investor must then select the appropriate business operations under their trade license. Depending on the chosen business operations, the corporation is legally permitted to trade or provide services.
The next stage in the registration process is to submit the application form, supporting documents, investor profile, and so on to the appropriate authorities. To get the company documentation and trade license, the investor must pay the trade licensing charge. They can now apply for an investor visa and open a bank account.
WeServe will provide complete business support services in the UAE for new company registration and beyond. The following are the steps for registering a company in the UAE.
1. Approval of company name and business activities
Decide on the company name and business activities. To begin the process of company registration, the authority must authorize the trade name.
WeServe will manage and submit documentation for the company name, as well as ease the approval of business activities. It is a key step in the Dubai company registration procedure. The proper business activity must be chosen because the trade license will reflect the list of business activities chosen. Businesses can only trade in the business activity specified in their trade license.
2. Documents Submission and Management
Prepare the relevant paperwork, and shareholder information, and arrange for document submission to the appropriate authority. In the UAE, the corporation can be formed without the shareholder’s physical presence.
The WeServe team will be in charge of coordinating the processing of the company license and other documentation. The staff ensures that the firm is registered in the lowest amount of time possible.
3. Apply for Residence Visa
Apply for a UAE residence visa for investors as soon as the company documents are approved and the trade license is available. Investors who wish to establish a business in the UAE are eligible for a long-term residency visa.
WeServe will file for a company immigration card as well as a residency visa in the UAE. Our Businessmen PRO Agents will assist investors in completing the resident visa application form. Our team also assists in the preparation of supporting documents and the coordination of visa processes with government authorities.
The WeServe team will be in charge of coordinating the processing of the company license and other documentation. The staff ensures that the firm is registered in the lowest amount of time possible.
4. Open a Corporate Bank Account
We work closely with UAE banks to open corporate bank accounts. As part of KYC Compliance, shareholders must be physically present while opening a corporate bank account.
The investor can fly to Dubai and obtain the Emirates ID, Medical Card, and Corporate Bank Account all at once. The paperwork for creating a bank account can be completed electronically; physical presence is only required for verification.
WeServe will file for a company immigration card as well as a residency visa in the UAE. Our Businessmen PRO Agents will assist investors in completing the resident visa application form. Our team also assists in the preparation of supporting documents and the coordination of visa processes with government authorities.
The WeServe team will be in charge of coordinating the processing of the company license and other documentation. The staff ensures that the firm is registered in the lowest amount of time possible. The team will handle all aspects of paperwork processing, company registration, collection, and delivery for the investors.
Type of Business License in UAE
Commercial License
The commercial license, like a standard trading license, is basically for any type of commercial business. This license category is intended for companies that conduct commercial and trade activities in Dubai and the UAE. Importing, exporting, and dealing in goods and commodities are common examples of these activities. Both a mainland license and a free zone license can be issued with a commercial license.
Professional License
The Professional License is aimed at service-related businesses. The service required skilled professionals to conduct business in specific fields of expertise such as mortgage brokerage, real estate business, management consulting, doctors, teaching and training, IT services, engineering, lawyers, accounting and auditing service providers, doctors, and other medical and healthcare services.
Industrial License
The industrial license is for businesses that produce and manufacture new goods from raw materials. This involves the production of items, textiles, and equipment, among other things. For an industrial trade license, the company must have a physical office address, such as a warehouse or industrial complex.
FAQs
Yes, you can register your company in Dubai and UAE without residency visa. It’s your choice if you wish to apply for your residency visa in UAE.
Company registration in Dubai and UAE cost depends on the jurisdiction, company legal structure, license type, business activities, and various other factors. Normally Mainland license in Dubai would cost you approximately AED 10,000/- to 12,000/-
Freezone License packages start from AED 5500 and depend on the visa requirements.
Once the company formation is done you may proceed with the following steps:
- Open a bank account.
- Apply for your residency visa in UAE (if required)
- Register for VAT (if applicable)
The mainland license in Dubai is issued by the Dubai Economic and Tourism Department. The mainland License holder can operate their business across UAE.
A freezone license in Dubai and the UAE is a special economic zone monitored by independent governmental or non-governmental free zone authorities and entities. The free zone company can do business outside the free zone only with the help of a local agent.
