Company formation in Dubai requires enough information, expertise, and preparation. UAE offers immense opportunities and possibilities for an overseas company to establish its business and find avenues for growth. There are many subsidies, and flexibilities for such companies to chart their success route. Business consulting services provided by RAG Group assist such companies in understanding government regulations, filling up paperwork, applying for licenses etc. We provide expert support in finding local sponsorships for the company and PRO services that help your business connect to the local market.

FAQs

Frequently Asked Questions on Company Formation in Dubai

  • Are there any legal complexities for setting up a business in Dubai?

    The laws of the land in the UAE have been prepared considering ease of investment. The authority carries out the procedures and legal formalities in a quick manner. Hence, you do not have to wait too long for commencing your business operations in Dubai/ UAE.

  • How can I set up a business in Dubai?

    To start a business in Dubai you need to obtain a business licence . There are three types of business licences. Mainland, Free Zone and Offshore. The procedure for each type of licence differs.

    Primarily business set up in Dubai involves the following-

    • Initial approval from the competent authority, for initiation of the business.
    • Legal and official approval from the authority after thorough verification of the documents. This includes the investor’s identity, qualifications, resident status, financial stability and so on.
    • The authorities will also ascertain the feasibility of the business by examining the official and commercial space, AOA and MOA, the basic structure of the organisation etc.
  • Is open trading possible in Dubai?

    Yes. In fact, Dubai promotes open trading with 75% of products imported are tax exempted. It also gives tax-free operations for Free Zone companies. The trade policy exclusively developed for supporting businesses is conducive for the growth of small firms also.

  • What are the advantages of setting up a business in Dubai?

    Dubai welcomes investors with open hands. One of the most developed cities in the world, business in Dubai offers unparalleled possibilities. The tax regulations, legalities and other official norms are formulated in such a manner to support the investors. The extremely well developed and planned infrastructure gives you ample possibilities to prosper.

  • What’s the cost of setting up a business in Dubai?

    The cost of business setup in Dubai depends on several factors, including business operations, licence type, location, and more. Contact the best business consultants in Dubai to help you set up your business in a cost-effective way.

  • Where do I start a business in the UAE-Mainland or Freezone?

    When it comes to starting a business in UAE Mainland or Freezone, you should know the approving authority, business setup cost, licensing procedure, and the rules and regulations of these jurisdictions. It is preferable to get in touch with our business setup consultants in Dubai for expert guidance.

  • What types of UAE companies can I start?

    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!

  • How to start an LLC Company in Dubai?

    To establish a limited liability company in Dubai Mainland or anywhere else in the UAE, you need to reserve a trade name and obtain preliminary approvals. You also need to get a memorandum of association of the company and submit the lease contract and other necessary documents to the Department of Economic Development.

    You will also need to partner with a UAE national and may require additional certifications from authorities, a rented office space also is a must. With RAG Global Business Hub Business Setup you can start a business in Dubai and relax about the requirements.

    We offer all inclusive, affordable packages starting at just Rs. 5,00,000. However, each business has different demands and may cost differently. To get the accurate cost of LLC business setup in Dubai contact our business setup consultants.

  • What are the benefits of a business setup in the mainland UAE?

    As a mainland UAE company, you can do business with any country and trade freely. You get access to affordable rental office space as you are not geographically-limited, compared to free zone companies who are only forced to do business inside the free zones and have limited business scope.

  • What is a Free Zone?

    Free Zones are areas designated for international businesses, which need 100% foreign ownership. Companies in each free zone can trade only within the same free zone and nowhere else in the UAE.

  • What are the documents required for business licence renewal in UAE?

    With RAG Global Business Hub, Business Setup, company formation in Dubai Mainland can take less than 72 hours, however, it is necessary that you have the right documents at hand. Being trusted partners and over 18 years of association with the Department of Economic Development in Dubai, we can establish businesses in the UAE in just three days. Company formation in UAE free zones can take anywhere between 3-10 days.

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