Business setup & PRO services

Why setup in Dubai?

  1. Why setup in Dubai?
  2. Which kind of company may I setup in Dubai?

Offshore Company

  1. Why setup an offshore company?
  2. Advantages of setting-up an offshore company in Dubai:
  3. What are the different locations you can set-up your offshore company in?
  4. Which type of activities are allowed when running an offshore company?
  5. What are the different steps when creating my offshore company?

Freezone Company

  1. Why setup a free zone company?
  2. Advantages of setting-up a free zone company over the UAE:
  3. What are the different locations you can set-up your free zone company in?
  4. Which type of activities are allowed when running a free zone company?
  5. What are the different steps when creating my free-zone company?

DED Mainland

  1. Why setup a mainland company?
  2. Which types of activities are allowed when running a mainland company?
  3. What are the different steps when creating my free-zone company?
Why setup in Dubai?

Dubai is known to be one of the best city for business in the world thanks to many reasons. The first big advantage it has is that it is well situated geostrategically speaking. Indeed, Dubai is located at the junction of several continents such as Africa, Asia and Europe which makes it a favored location for many big companies such as Microsoft, FedEx, Oracle or even Marriott.

The other advantage of Dubai is the taxation, unlike many countries there is no income taxes or even corporate taxes.

Apart from that, you will be able to benefit from great infrastructure, strong connectivity, talented workforce, cosmopolitan work space and an ambitious government, continually providing incentives to encourage more foreign investment.

 

Which kind of company may I setup in Dubai?

There are three types of corporate status, and you should choose your type according to your objectives.

OFFSHORE

Why setup an offshore company?

It is the type of company which are based on the territory but make business only in foreign countries. The advantage of this status is that you detain 100% of your company’s capital, and that the shareholders benefit from a certain privacy.

Advantages of setting-up an offshore company in Dubai:

  • The advantages of offshore company registration in Dubai, UAE.
  • There is no taxation on business activity performed outside UAE.
  • No audit required
  • Minimal time periods for offshore company registration in Dubai, UAE: 3-7 days
  • An offshore company in UAE provides a higher level of confidentiality, information on directors and shareholders will not be disclosed.
  • Offshore company registration in Dubai, UAE – The Memorandum of Association and other documents related to the company are attested by the registrar. All documents are provided in English, which makes it more comfortable to work with the company in the future
  • Having 1 director is obligatory, however their number and residency is not limited by the local legislation.
  • A director of an offshore company in Dubai, UAE, can be a nominal and have any citizenship
  • 1 owner/shareholder is obligatory for the registration. The shareholder’s place of residency and his citizenship have no limitations except for the countries that are sanctioned according to the general international rules set by international organizations.
  • The shareholder of the company is eligible to operate the company.
  • Every registered offshore company must have a registered agent as well as the official registered company’s address. Our company acts as an agent, since it is duly registered and has the legal status of the registered agent for the offshore companies and has fully operational office in UAE.

 

What are the different locations you can set-up your offshore company in?

  • Jebel Ali Free Zone (JAFZ)
  • Ras Al Khaimah (RAK)
  • Ajman Free Zone (AFZ)

 

Which type of activities are allowed when running an offshore company?

  • General Trading
  • Consulting and Advisory Services
  • Holding Company
  • Investments and Joint Investments Company
  • Property Owning
  • Shipping and Ship Management Companies
  • Commission Agents Company
  • Import/Export

 

What are the different steps when creating my offshore company?

  1. A Memorandum of Association (MOA) which is a legal document prepared in the formation and registration process of a limited liability company (to define its relationship with shareholders, its type of business, its capital, etc…) will be needed.
  2. You will need a primary approval at the Department of Economic Development (DED) regarding the MOA you submitted. Once it’s approved, a signature at the Dubai court will be needed.
  3. Then comes the trade name registration. You have to come with a name for your future company which will be verified and might be rejected if there is accompany with the same trade name.
  4. You will then apply for the trade license which matches with the activity you will do for your company. There are 3 types of licenses: commercial license, professional license and industrial license.
  5.  After that you must find an office space because no license will be delivered unless you have a valid address.
  6. Finally, you will submit the documents both to the DED and the Commercial Registration Department as well as paying your license fees.

FREEZONE

Why setup a free zone company?

Free zone Company: As a free zone corporation you can detain 100% of your company capital while thriving on the local market. The only drawback of this status is that you cannot settle wherever you want to, you must be in the dedicated areas where companies from your business field are located. E.g.: DIFC for financial companies, DIC for technological companies and so on.

Advantages of setting-up a free zone company over the UAE:

  • 100% foreign company ownership
  • 100% repatriation of capital and profits
  • Exemption from all import and export duties
  • No corporate tax
  • No dividend tax
  • Abundant and inexpensive energy
  • Competitive labor costs, skilled labor force and easy recruitment procedures
  • ’One-stop-shop’ Administration services
  • On-site customers’ inspection
  • Companies registered in a Free Zone can operate 24 hours a day

 

What are the different locations you can set-up your free zone company in?

  • DIFC
  • DMCC
  • DIC
  • DWC
  • D3
  • AFZ
  • Shams FZ
  • Fujairah Creative City
  • Should we list them all? It looks bad… or table with city + FZ of each

 

Which type of activities are allowed when running a free zone company?

  • Industrial activities
  • Commercial activities
  • Services & consultancy
  • Import/Export
  • Medias

 

What are the different steps when creating my free-zone company?

  1. A Memorandum of Association (MOA) which is a legal document prepared in the formation and registration process of a limited liability company (to define its relationship with shareholders, its type of business, its capital, etc…) will be needed.
  2. You will need a primary approval at the Department of Economic Development (DED) regarding the MOA you submitted. Once it’s approved, a signature at the Dubai court will be needed.
  3. Then comes the trade name registration. You have to come with a name for your future company which will be verified and might be rejected if there is accompany with the same trade name.
  4. You will then apply for the trade license which matches with the activity you will do for your company. There are 3 types of licenses: commercial license, professional license and industrial license.
  5.  After that you must find an office space because no license will be delivered unless you have a valid address.
  6. Finally, you will submit the documents both to the DED and the Commercial Registration Department as well as paying your license fees.

Mainland (DED) company

Why setup a mainland company?

Mainland company: This last type of company is the one in which you must be sponsored by a local who will detain 51% of your enterprise’s capital, but apart from that you can settle wherever you want and develop your business in both the local and the foreign market.

  • Advantages of setting-up a mainland company in Dubai:
    • Privileged to do business activity in any part of UAE.
    • No limitations or barriers in registration and visas and all type legal requirements.
    • No limitation in office space requirement and recruiting process.
    • No yearly auditing
    • No corporate tax
    • Flexibility to rent office anywhere
    • No limitations in getting employment visas

 

Which types of activities are allowed when running a mainland company?

  • Professional activities
  • Commercial activities
  • Industrial activities

 

What are the different steps when creating my free-zone company?

  1. Depending on the type of the company you want to settle, you might need a local sponsor (only for Mainland). Once you have a sponsor you will have to type out an agreement mentioning all the responsibilities it has on your business as well as the annual commission your sponsor will get in exchange.
  2. A Memorandum of Association (MOA) which is a legal document prepared in the formation and registration process of a limited liability company (to define its relationship with shareholders, its type of business, its capital, etc…) will be needed.
  3. You will need a primary approval at the Department of Economic Development (DED) regarding the MOA you submitted. Once it’s approved, a signature at the Dubai court will be needed.
  4. Then comes the trade name registration. You have to come with a name for your future company which will be verified and might be rejected if there is accompany with the same trade name.
  5. You will then apply for the trade license which matches with the activity you will do for your company. There are 3 types of licenses: commercial license, professional license and industrial license.
  6. After that you must find an office space because no license will be delivered unless you have a valid address.
  7. Finally, you will submit the documents both to the DED and the Commercial Registration Department as well as paying your license fees.
Why do I need PRO services?

Unlike many other countries, when you want to setup over the United Arab Emirates you will need PRO services. Basically it consists in all the procedures and paperwork that you must complete before launching your activity, like initial trade name reservation, initial approval certificate, labor contract assistance… Also, if the employees you intend to hire are not Emirati or sponsored, you will need to do visa procedures so they will be able to work on the territory.

Why choose Rise International business setup/ PRO services?

Rise international LLC offers complete solutions in setting up business in Dubai. Our people help with Dubai company registration, trade licenses, PRO services and also take care of Visa procedures. Besides this we also help our clients with various banking facilities, such as opening corporate bank accounts and bank guarantees for limited liability company formation in Dubai. The companies we helped establish belong to a range of industries from trade, tourism, construction to real estate, jewelry, trade and manufacturing, among others.

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