Company Formation in Dubai, UAE
Dubai is your ideal business hub. We offer comprehensive support from start to finish. Choose from our flexible packages designed to meet your specific needs. Let Shuraa Business Setup guide you through the company formation process.Â
Company formation in Dubai has become a top choice for entrepreneurs and investors seeking to grow and establish their ventures. Dubai offers a wealth of opportunities from its favorable tax regime and business-friendly policies to its great geographical location and world-class infrastructure.
Recently, Dubai’s GDP topped AED 115 billion in the first quarter of 2024, with the economy growing 3.2% compared to the same period in 2023. The emirate is actively diversifying its economy, reducing reliance on oil and focusing on sectors like tourism, trade, finance, and technology. Therefore, new company formation in Dubai is a smart choice.
Company formation in Dubai typically involves business activity selection, license application, document preparation, visa processing, and office space setup. At Shuraa Business Setup, we specialize in guiding you through the steps involved in business formation in Dubai to ensure a seamless and efficient process. From company registration to documentation, translation services, sponsorship support, business licensing, rented office space, PRO services, and more, we have you covered every step of the way.
Why Choose Company Formation in Dubai?
1. Geographical Location
Dubai's strategic location at the crossroads of Europe, Asia, and Africa makes it a global trade and logistics hub
2. Tax Benefits
Enjoy limited corporate tax and other tax incentives, allowing you to maximize your profits.
3. Business-Friendly Environment
Dubai offers a supportive regulatory framework and streamlined processes for business setup.
4. 100% Foreign Ownership
Enjoy full ownership of your business in free zones and certain mainland sectors.
5. Visa and Residency Options
Secure visas for yourself and your employees, making it easier to operate your business.
6. Access to Global Markets
Tap into a vast consumer base and expand your business reach.
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Types of Company Formation in Dubai
Choosing the right business structure is crucial. Shuraa offers expertise in various company setups:Â
1. Mainland LLCÂ Mainland LLC operates within the mainland of Dubai and can engage in business activities both locally and internationally. Limited Liability Company formation is the most common type, offering limited liability to shareholders.Â
2. Free Zone Establishment Established within a designated free zone in Dubai, offering tax benefits and 100% foreign ownership. Like a mainland LLC but within a free zone.Â
3. Branch Office Expand your existing business into Dubai without forming a separate legal entity.Â
4. Offshore Company Establish a corporate presence outside the UAE for international business operations.Â
Mainland and Freezone Company Formation in Dubai
When setting up a business in Dubai, you have two primary options: Mainland and Free Zone. Each option comes with its own set of advantages and requirements.Â
A mainland company is established within the Emirate of Dubai and can conduct business activities throughout the UAE. This type of company offers greater flexibility and access to the local market compared to free zone companies.
Key Benefits:
- Full ownership of the business
- Ability to trade freely within the UAE
- Access to government contracts
- Flexible office locations
Dubai’s free zones offer a range of benefits for businesses looking to establish themselves in a tax-free environment. Each free zone caters to specific industries, providing tailored solutions for business needs. Here are some of the popular Freezones:
- Dubai International Financial Centre (DIFC)
- International Freezone Authority (IFZA)
- Dubai Multi Commodities Centre (DMCC)
- Jebel Ali Free Zone (JAFZA)
- Dubai Media City
- Dubai Internet City
Key Benefits:
- 100% foreign ownership
- Tax exemptions
- Repatriation of profits
- Simplified procedures
- No customs duties on imports and exports
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Company Formation in Dubai – Our Popular Packages
Discover our tailored and affordable company formation packages designed to suit your business needs and budget. From basic setup to comprehensive support, we offer flexible options to get you started.
Dubai Mainland
Starting from just
AED 11,000*
- 100% business ownership
- Investor Visa Options Available
- All-inclusive licenses
- Corporate Banking Assistance
- FREE VAT Consultation
- License Approval in 24hrs
Free Zone
Starting from just
AED 14,900*
- IFZA & RAKEZ
- Visa Assistance
- 100% Ownership
- Corporate Banking Assistance
- Free VAT Consultation
- Dedicated Account Manager
Offshore
Starting from just
AED 18,000*
- UAE Offshore Company Formation
- Starting @ AED 18,000* only
- Flexible Banking Assistance
- Registered Agent Services
- 100% ownership
- Remote Licensing
Types of Business Licenses
Choosing the right business license is crucial for setting up your company in Dubai. Here are the primary types of licenses available:
1. Commercial License This license is suitable for businesses involved in trading, buying, and selling goods.
2. Professional License If your business offers professional services, such as consultancy, accounting, legal services, or engineering, you will need a professional license.
3. Industrial License An industrial license is required for businesses involved in manufacturing, production, or industrial activities.
It’s important to note that some business activities may require additional permits or approvals from specific government authorities. Shuraa Business Setup can help you determine the appropriate license for your business and guide you through the application process.
Documents Required for Business Formation in UAE
To form a company in Dubai, you will generally need the following documents:
- Passport copies of shareholders and directors
- Visa copies (if applicable)
- Detailed business plan
- Memorandum of Association (MOA)
- No objection certificate (NOC) from sponsor (if required)
- Emirates ID (if applicable)
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Key Steps of Company Formation in Dubai
Company formation in the UAE is a smooth and efficient process when approached with the right steps. With well-defined requirements at every stage, fulfilling them accurately ensures a seamless experience. Here’s a streamlined guide to help you navigate the process effectively:
1. Select Business Activity for company formation:Â Decide on your business activity and the appropriate license for it.
2. Reserve a Company Name:Â Select a unique company name and get it approval by the relevant authorities.Â
3. Prepare Documents:Â Compile necessary documents for company formation.
4. Select Office Space: Secure office space as per the requirements of the chosen jurisdiction.
5. Apply for a Trade License: Submit your application to the Department of Economic Development (DED) or a Freezone authority.
6. Open a Business Bank Account:Â Setup a corporate bank account to manage finances.
7. Process Visas:Â Apply for visas for shareholders, directors, and employees (if required).
8. Register for VAT: Complete VAT registration if required for your business activity.
Freezone Company Formation Packages in UAE
Take advantage of Dubai’s free zones with our specialized packages. Benefit from tax incentives, 100% foreign ownership, and streamlined procedures when setting up your business in the UAE.
International Freezone Authority (IFZA)
Starting from AED 12,900*
RAKEZ
Starting from AED 6,000*
Jebel Ali Free Zone (JAFZA)
Starting from AED 45,000 approx.
Dubai Multi Commodities Centre (DMCC)
Starting from AED 35,500 approx.
Dubai International Financial Centre (DIFC)
Requires office space for registering the company
SHAMS Free Zone
Starting from AED 5,750*
Dubai Media City
Requires office space for registering the company
Ajman Free Zone
Starting from AED 5,555*
*All the above is a zero-visa package
Take advantage of Dubai’s free zones with our specialized packages.
Benefit from tax incentives, 100% foreign ownership, and streamlined procedures when setting up your business in the UAE.Â
Meet Our Company Formation Specialists
Our team of experienced consultants is dedicated to helping you achieve your business goals. Let’s discuss your vision and explore how we can assist you in forming your company in Dubai.
Why Choose Shuraa Business Setup?
At Shuraa Business Setup, we are committed to providing comprehensive and efficient company formation services. Our team of experts will guide you through every step of the company formation process.
Our services include:
Company registration
Handling all the paperwork and legal formalities required to establish your business.
Documentation and translation
Assisting with document preparation, attestation, and translation.
Sponsorship support
Finding a suitable local sponsor if required for your business activity.
Business licensing
Identifying the appropriate license for your business and handling the application process.
Office space solutions
Helping you find suitable office space based on your business needs.
PRO services
Managing government interactions, visa processing, and other administrative tasks.
Accounting and Taxation
Assist with financial management and compliance.
Success Stories
Hear firsthand from our clients about their successful forming their business in Dubai. With over 50,000 companies formed, our track record speaks for itself. Let their stories inspire you
Frequently Asked Questions
The cost of company formation in UAE varies depending on several factors, including the type of license, business activity, and whether you choose a mainland or free zone setup. While there are initial costs involved, Dubai offers a competitive business environment with potential long-term benefits.
The company formation process typically takes around 2-4 weeks. However, the exact timeline can vary depending on the efficiency of document submission and government approvals.Â
While having an office space is generally required for mainland companies, some free zones offer flexible office options or virtual office solutions.Â
Typically, you need a valid company license to open a corporate bank account in Dubai.Â
Yes, foreigners can own 100% of a company in Dubai, especially in free zones. Mainland companies may require a local sponsor in certain cases.Â
A mainland company is based within the Emirate of Dubai and can operate throughout the UAE, while a free zone company operates within a designated free zone area and enjoys tax benefits and streamlined procedures.Â
