How To Start a Business In Dubai

As the fastest growing economic hub in the UAE, the city of Dubai is the perfect place for setting up a business. With its growing market and highly competitive economic structure, the city is fertile ground upon which you can setup new business. But before you can start business, you must first go through the entire process of company formation and trade license acquisition.

 

If you do not know how to register a company locally, there is one name you can count on for expert assistance – Emirates Zone.

The first step to setup new business is determining your corporate structure: what type of company are you looking to establish? From there, you should consider where you want to be situated. There are two general locations where investors can start up business: free zone and mainland. There are a lot of free zones located all across the city of Dubai, including but not limited to the following:

 

⇒   Healthcare City

⇒   Media City

⇒   International Financial Center

⇒   Knowledge Village

⇒   Multi Commodities Center

⇒   Silicon Oasis

⇒   International Media Production Zone

⇒   Jebel Ali Free Zone

⇒   Internet City

⇒   Airport Free Zone

 

These economic zones offer a variety of incentives to start business along with rules and regulations that are largely independent of government regulations. In these specialized trade areas, company formation grants investors with the following:

 

⇒   100 per cent ownership of the company

⇒   Exemption from income and corporate tax

⇒   Exemption from customs duties

⇒   100 per cent repatriation of profits

⇒   Independent rules and regulations

For investors looking for business setup outside of these free zones, there are three corporate structures to choose from:

 

⇒   Representative Office – requires a local partner who will serve as a National Service Agent

⇒   Limited Liability Company – requires a local partner who will serve as a Sponsor

⇒   Foreign Branch Office – requires a local partner who will serve as a National Service Agent

 

If you want to know how to register the company as one of the above, contact Emirates Zone today. We can help you get off to a fast start.

In mainland company formation, on the other hand, businesses may be structured as any of the following corporate entities:

 

⇒   Limited Liability Company

⇒   Foreign Branch Office

⇒   Representative Office

 

To start business as any of these entities, an investor must partner with a local entity who can stand as a Sponsor for LLC or a National Service Agent for Representative or Foreign Branch Offices.

 

Ready to take the first step of business setup? Get in touch with Emirates Zone today, and let us guide you through it.