Global business hub provides you comprehensive support in setting up your business all across UAE, be it Dubai, Abu Dhabi, Ajman, Ras Al-Khaimah or any other location. We can guide and assist you in the following:
1. Choosing the Business Activity
- Identify the type of business activity (e.g., trading, manufacturing, services) as this determines licensing requirements.
- Some activities may require special approvals or partnerships with local authorities.
2. Select the Right Jurisdiction
- Mainland: Allows operating across the UAE and international markets; requires a local sponsor for certain businesses.
- Free Zone: Offers 100% foreign ownership, tax exemptions, and simplified setup processes.
- Offshore: Primarily for international trade and holding companies; no physical office is required.
3. Register Your Business Name
- Choose a unique name that aligns with UAE naming conventions.
- Avoid any prohibited or offensive terms.
4. Obtain the Necessary Licenses
- Commercial License: For trading businesses.
- Professional License: For services like consultancy.
- Industrial License: For manufacturing activities.
- Apply through the Department of Economic Development (DED) or the relevant free zone authority.
5. Finalize Legal Structure
- Options include LLC, branch office, sole proprietorship, or partnership.
- Free zones and mainland have different requirements for ownership and structure.
6. Secure Office Space
- Obtain a physical office or virtual office in a free zone.
- Mainland businesses typically need a physical address.
7. Register for VAT (if applicable)
- If your business turnover exceeds defined threshold annually, VAT registration is mandatory.
8. Open a Corporate Bank Account
- Choose a UAE bank that suits your business needs.
- Prepare documentation such as trade license, shareholder details, and office lease agreement.
Talk to us on +971 589 304 983 or get in touch with us:
Setting Up Your Business in the UAE