Setting Up Business in Dubai

Setting Up Business in Dubai: Professional Help

March 7, 2022

Complete Guide

The Emirate of Dubai is one of the world’s most lucrative, luxurious, comfortable, wonderful and attractive places for investors, entrepreneurs and trade experts. The reason is strategic location, wonderful infrastructure, modern infrastructure, protected environment, and investor-friendly policies. Setting up a business in Dubai, either in the Mainland or the Free Zone, offers quick access to the UAE market as well as the global market because the UAE is connected with the global world through its ports. The tax-free advantages and quite stable economy create a smooth business environment.

Right Business Structure: What is that?

While setting up the business, the first level is to decide the exact business structure. Dubai offers many options, e.g. Mainland Companies, Free Zone Companies. Dubai also offers Offshore companies. LLC or Mainland businesses can be started anywhere in the UAE. Free Zone companies have different business structures. First, it has to be decided what sort of company should be opened and what activities need to be added in the trade license. 

Regulatory Compliance

A license needs to be obtained from the relevant economic authority. Economic and Tourism Departments oversee the mainland licenses. As we said before, the Free Zones have their own rules and licensing authorities. Federal Law No. 2 of 2015 on Commercial Companies and the UAE Commercial Transactions Law provided guides and solutions to choose business operations in the UAE. Learn more with our experts. We have the UAE’s top advocates and legal consultants. 

Documentation Required and Approvals 

The Required documents to set up the company normally include a business plan, required documents, passport copies,  trade name reservation from the concerned department, and the MOA or Memorandum of Association. An MOA or an MOU is required for partnership purposes. 

Office Setup

Having an office, client office, desk space, or even a physical address is mandatory. 

Banking Requirements

A bank account needs to be opened. A business bank account in Dubai can only be opened based on a trade license.  The UAE Central Bank ensures financial transparency. AML compliance is mandatory.

Visa Processing: Employment VISAS 

UAE Labour Law governs employment relations between the employer and the employee. Residence permits, employment visas, and labour contracts are the requirements. 

Setting up Business in Dubai

If you want to start up or manage your business in Dubai, there are a few things you should take care of. There are so many things to look at when you start a business, for instance, financial aspects, the right place for operating your business, and other resources. The formation of a company in Dubai is not as easy a task as in other countries in the world. But professional consultants are there for help. All it takes to a company setup expert, also known as a legal consultant. When you are in the UAE, a Legal Consultant in Dubai will always be the right professional for the best results.

There are some professional companies that help you in starting up your business. They can guide you on how to start a new setup in Dubai, along with its completion in the market. They also guide you about the latest trends in the market through which your business can be successful. Legal consultants in dubai offer the best services for your guidance on starting and managing your new venture. They are well aware of all laws. They also help you in the documentation process. 

Many business owners have one thing in mind for doing business effectively is about investment. The legal consultants help in choosing the right kind of business in which your investment is saved, and you will get more profits in the long term. These legal experts help you save unwanted costs. You must also take guidance from tax professionals because they can help you save more taxes.  If a company has helped you in setting up their business, they will also help in all kinds of further things; in other words, you can focus on your business, while other things are managed by a company that’s professionally approved to help you at each step.

Starting a Business in Dubai?

Navigating company formation, licensing, local partner requirements, or regulatory approvals? Our Emirati legal consultants simplify the process with expert guidance tailored to your sector and ambitions.

  • Emirati-owned legal firm with corporate setup expertise
  • Company formation, licensing, regulatory compliance, and local representation
  • Fast, transparent, and tailored to your business needs