UAE Company Formation

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About Dubai

A truly global city, Dubai is one of the best locations in the world to establish and grow your business.

| Strategically located between Europe, Asia, and Africa | Fourth-Largest Economy in the Middle East | Open to Foreign Investors |

The UAE has a population of around 10 million with a per capita GDP of nearly USD 32,000. It is the second-largest economy in the GCC and has a stable and predictable monetary policy. Exports are the major driver of UAE’s economic growth. The UAE is in the top ranks of various global indices, like the World Economic Forum’s (WEF) Global Competitiveness Index (GCI), the World Happiness Report (WHR), and the Global Innovation Index (GII).

Why Dubai?

In the UAE, Dubai is preferred by businesses for a wide range of reasons. You can start a free zone company or opt for a mainland company formation. You also have the option of starting an offshore company in Dubai. Here are some factors that make Dubai an ideal destination to expand your business to a new country:

  • In the free zone, the Dubai government allows a 100% foreign ownership option to businesses. There are around 45 free zones in Dubai. There are 122 economic activities spread across 13 sectors that eligible for 100% ownership in UAE even outside the free zones. 
  • It has a vibrant and growing economy that largely depends on its businesses for revenue. It ranks among the top 15 freest economies in the world.
  • Companies enjoy a tax-free haven regardless of whether it is a free zone or a mainland company.
  • Dubai’s Department of Economic Development (DED) works tirelessly to create a business environment apt for local and international companies.
  • Availability of a disciplined workforce – both skilled and unskilled.
  • Dubai has one of the best infrastructure facilities in the world.
  • It has a secure social and political climate.

These benefits make Dubai the perfect starting point for your global expansion plans. When you partner with ODINT, you can be assured of end-to-end support for company registration in UAE.

About Dubai

Dubai Company Formation – Operating Jurisdictions

In Dubai, you can register different types of business by choosing an operating jurisdiction that is perfect for your business. There are three options available:

  • Free-Trade ZoneDesignated areas that have separate regulations, and a special tax, customs, and import regime. Dubai Freezone Business Setup is preferred by most businesses looking to start operations in Dubai.
  • Mainland – Mainland companies can open an office anywhere in Dubai. However, to open a mainland company as a foreigner, you would need the sponsorship of a UAE national. The general shareholding pattern is: 51% with the UAE business partner and 49% with the foreign investor.
  • Offshore If you opt for an Offshore Company Formation in Dubai, then you will only get a certificate of incorporation from the government but cannot conduct business in the UAE.
Dubai Company Formation

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Advantages of a Free Zone Company

Business Ownership – 100% ownership

Office Space – Not mandatory inside the free-trade zone. Virtual offices are allowed.

Company Audit – Certain free zone jurisdictions are exempt from audit requirements.

 Tax – Exemption from capital gains tax and personal income tax. Also, there is no Corporate Tax in free zones.

 Repatriation of funds – Complete repatriation of the capital and profits from the business permitted

Advantages of a Mainland Company

Flexibility – Conduct business operations in any part of the country

 Government Contracts – Option to bid for lucrative government contracts

Business Activities – More options for business activities

 Tax – Exemption from capital gains tax and personal income tax. Also, there is no Corporate Tax levied.

Repatriation of funds – Complete repatriation of the capital and profits from the business permitted

 Audit – No annual audit requirement

Mainland Company

UAE Company Incorporation Process

Here is a broad-level process of incorporating a company in the UAE:

Here is a broad-level process of incorporating a company in the UAE:

  • Choose the type of legal entity that you want to register. You can choose between a Free Zone LLC or a Free Zone Establishment or a Branch
  • If the free-trade zone has a minimum capital requirement, then ensure that you have the funds ready
  • Choose a trade name as per the regulations specified by the free zone
  • Apply for a business trade license in Dubai based on the primary activity of your business
  • Choose an office space – buy or lease as per your requirement
  • Get initial approvals
  • Register the company (submit documents based on the choice between free zone and mainland company)
  • Start  the Visa application process
UAE Company Incorporation Process

Grow your business in Dubai

We make the process SIMPLE

Why ODINT Consulting?

If you want to start a business in Dubai and are looking for a partner to help you understand and guide you through the process, then ODINT is the right platform for you. We offer company formation services and associated help you establish and develop your business in UAE with ease.

Why ODINT Consulting?

At ODINT, we strive to make processes simple and hassle-free and ensure that you can expand your business to a new country in no time. There are numerous business opportunities in UAE. You can get in touch with our experts to know the detailed process and get an estimate about company formation costs in UAE.

Top Sectors in Dubai

Here are some Dubai market insights. Take a look at the top sectors in Dubai.

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