In the UAE, companies can be started as mainland businesses, free zone, or offshore businesses. For a business setup in the UAE mainland, a local service agent is required, and the licence is provided by the Department of Economic Department in Dubai. In a free zone, you can operate only within a limited geographical region, and the business is licensed by the respective free zone authority.
Note that you can enjoy 100% foreign ownership of your business in both these business zones, i.e., mainland and free zones. The company formation experts at the RAG Global Business Hub help you incorporate your dream venture in the UAE by taking care of licensing, documentation, translation work, and much more.
An offshore business in the UAE allows you to safeguard your wealth and assets, but you can only trade outside UAE. A certificate of incorporation is provided to the company and not a trade licence.
Mostly all types of companies can be started in the UAE and there are more than thousands of activities registered and allowed by the Economic Department. Yet, it is best to be sure before getting started. So, speak to a business setup consultant for Free! Send us an inquiry!