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What Sets Us Apart
We initiated our journey in Dubai in 2015, pioneering company formation and PRO-related services.
Business Diaries is known in the market to provide a quality company setup service – with lower costs.
End to End Support
We will assist you through the process step by step, clearly and transparently.
Services that are budget-friendly and help you make the right choices.
Business Diaries streamlines the process, saving you time and money while making your dream business a reality.
Want To Setup Your Business In Dubai?
Business Setup In Dubai
Dubai is a central global business hub due to its strategic location and world-class infrastructure. Setting up a business in Dubai provides numerous benefits, including access to a diverse customer base, tax incentives, and excellent connectivity.
Several business structures are available for setting up a company in Dubai, including a Limited Liability Company (LLC), Sole Proprietorship, Branch Office, and Free Zone Company. Selecting the proper business setup depends on several factors, including the type of business activity, ownership, and liability.
To set up a business in Dubai, one must comply with local laws and regulations, including obtaining the necessary licenses and permits from the Department of Economic Development or the relevant authority. Furthermore, getting approvals and permits can be time-consuming and complex, but ensuring adherence to local laws and regulations is essential.
Dubai also offers various tax incentives for businesses, including zero corporate and personal income taxes, customs duty exemptions, and value-added tax (VAT) refunds for specific sectors. Additionally, companies can benefit from the strategic location of Dubai, which provides excellent connectivity to markets in the Middle East, Asia, and Europe.
In conclusion, starting a business in Dubai has many benefits, such as a welcoming business atmosphere, tax advantages, and excellent connectivity. Individuals and companies can seize the opportunities in this worldwide business hub by picking the correct business setup and following local rules.
Process of Business Setup In Dubai
- Firstly, determine the business activity and legal structure
- Choose a business location
- Obtain initial approval from relevant authorities
- Likewise, reserve a company name and obtain the necessary licenses and permits
- Open a corporate bank account
- Register for taxes such as VAT and obtain visas for employees
- Lastly, commence business operations
Company Formation In Dubai
Dubai’s prime location and welcoming business atmosphere make it a perfect destination for entrepreneurs looking to establish a new business. The process of business and company formation in Dubai involves several steps.
You’ll need to follow specific steps to start a company in Dubai.
First, choose the legal form of your company, whether it be a sole proprietorship, partnership, or LLC. Then, select a trade name that complies with the UAE’s naming conventions.
Once you have chosen your trade name, you must apply for initial approval from the Department of Economic Development (DED). After receiving initial approval, you can prepare your company’s MoA and AoA.
The next step is to apply for a business license from the DED. Moreover, the license type depends on the business activity you wish to undertake. You may also need additional permits and approvals from other government agencies.
Likewise, to complete the company formation process, you’ll need to open a corporate bank account, obtain visas for yourself and any employees, and register for social security and other mandatory contributions.
Overall, the company formation process in Dubai can be complex, but with expert guidance and support, you can successfully start your business in this thriving city.