Business Setup Consultants in Dubai, UAE
from aed 5,500

The process of business formation in Dubai

Dubai business formation involves several steps depending on the ownership structure, business activity, and whether you are establishing in the mainland or a free zone.

Here at Virtue, our seasoned UAE business setup consultants are ready to guide you through the process. Here’s a look at the general steps involved:

Step 1: State your business activity.

Define the business activity you intend to engage in and ensure that it complies with all local regulations. At this stage, we recommend contacting business setup companies in Dubai. Get in touch with our team and be ready to share basic information such as shareholder details (to start). This will enable us to support your setup more effectively.

Step 2: Decide your company’s legal structure.

The most common options are Mainland LLC, Offshore, and Freezone. If you are unsure what to choose, you can always consult our business setup consultants in Dubai for tailored advice. We can also assist you in filling out your application form and arranging your memorandum of association, lease and tenancy agreements, and other requirements for acquiring a trade license.

Step 3: Register your company.

As one of the most trusted Dubai business setup companies, we offer comprehensive registration services.

If you want to establish a mainland company, we can help you:

• Reserve the trade name with DED and submit the required documents to get initial approval for your business setup in Dubai Mainland.
• Obtain approvals from relevant authorities (depending on the nature of your business).
• Secure a location and finalise your lease agreement.
• Complete the registration to receive your trade license in Dubai.

If you are establishing a free zone company, we can help you:

• Select an appropriate free zone based on your business activity.
• Submit the necessary documents to the relevant free zone authority.
• Obtain initial approval.
• Pay the required fees.
• Find suitable free zone office space and sign the lease agreement.
• Complete the registration process to receive your trade license.

Note: If your business involves trading outside the UAE, you might consider establishing an offshore or Freezone entity. Depending on the nature of your business, you may require approvals from specific regulatory bodies or government departments. Our business setup company in Dubai can help you fulfill these requirements and set up your business legally and efficiently.

Step 4: Apply for the necessary visas.

You must apply for visas for yourself and all your employees through relevant immigration authorities. Your business setup, activity, and jurisdiction will dictate which visas you need to secure. Rest assured that our experts here at Virtue can help you confidently navigate the process.

Step 5: Open a corporate account in a local bank.

After acquiring your trade license, you need to open a corporate account in a reputable local bank. Depending on your financial situation or requirements, the options include digital, national, and international banks. Our team will take care of the rest to eliminate the guesswork.

Step 6: Ensure compliance with local labor laws.

Prepare all the necessary employment contracts and oversee your employees’ visa requirements.

Are you eligible to set up your business in Dubai?

Our extensive expertise in company formation here at Virtue puts us in a unique position to successfully guide you through the process of setting up your business in the UAE.

Simply tell us about your goals and circumstances, and we can advise you on the most suitable business activity and legal structure for your company. We can help you establish a:

• Limited Liability Company
• Free Zone Company
• Offshore and onshore offices
• Partnership offices
• Branch office

Whether you want to deal in e-commerce, trading activities, or professional services, we can leverage our deep knowledge and experience of the local business environment to make your setup both hassle-free and successful.

Advantages of setting up a business in Dubai

Dubai continues to be a global business hub that attracts many investors and entrepreneurs globally. From startups to small operations and all the way to giant multinational enterprises, businesses at all stages can benefit from the strategic location, dynamic economy, and commerce-friendly policies. Regardless of their size, all companies experience the same levels of speed, service, efficiency, and ease in setting up a business.

Virtue will work with you every step of the way with our reliable and customised solutions to simplify your business setup in Dubai. We can give you access to all the relevant services you might need for a seamless process, including company incorporation. Our business setup consultants in the UAE will help establish your business in Dubai and make sure your company can maximise all the benefits the local business environment has to offer.

Below is an in-depth look at the reasons that make a business setup in Dubai worth considering:

1. World-class infrastructure

Dubai has state-of-the-art facilities, like world-class logistics infrastructure, seaports, and airports, to ensure seamless movement of people and goods and connectivity.

2. Strategic location

Being at the crossroads of Europe, Asia, and Africa, Dubai benefits from a geographical position that makes it a convenient gateway for commerce and trade. It simplifies access to various markets within a 4-hour flight radius, giving you opportunities to sell to over 2 billion people.

3. Tax advantages

Dubai’s low tax environment is favourable to many entrepreneurs because it allows them to operate their businesses more cost-effectively. The perks include the absence of corporate income tax (up to a particular limit), value-added tax (VAT) on particular services and goods, and personal income tax. Additionally, the cost of setting up a company in Dubai is significantly more manageable than in other Middle Eastern regions.

4. Dubai Free Zones

Dubai’s network of more than 30 free zones offers various advantages to entrepreneurs, such as simplified business setup, tax exemptions, and 100% foreign ownership. Each has its own set of incentives and regulations to attract certain industries.

5. Government support

The government is fully committed to supporting business formation in Dubai to create a thriving and profitable business environment. In addition, it regularly provides reforms and new initiatives to keep improving the ease of forming a company and doing business.

6. Access to a diverse and skilled workforce

Dubai’s diverse, multilingual workforce includes skilled and highly qualified professionals from around the world. This allows businesses to access a readily available talent pool. In addition, women entrepreneurs will find it easy to establish their dream companies in an empowering, business-friendly environment.

Work with Virtue – One of the best business setup companies in Dubai.

As leading business setup consultants in the UAE, we want you to enjoy all the benefits of starting your business here. Here’s how partnering with our Dubai business setup company can streamline your journey:

• Our expertise cuts through the complexities of business formation in Dubai. We handle all regulatory aspects to ensure that you adhere to all laws and regulations. This minimises regulatory and legal risks, giving you peace of mind.
• We don’t stop at setup. We also offer ongoing assistance with compliance requirements like visa renewals and legal matters.
• We can even provide valuable Dubai market insights, including industry-specific opportunities and potential challenges.

Free yourself from administrative burdens. Let our Dubai business setup consultants handle the process so you can focus on your core operations and developing winning strategies.

Ready to launch your company seamlessly with our business setup services in Dubai? Check out our comprehensive packages here or call +971-501152351 for a free consultation.