Our Dubai business setup consultants are well educated and experienced for Dubai LLC Company formation process and requirements. Our Dubai LLC company incorporation experts’ consultants in Dubai are aware of all the legal and regulatory issues which come up during the Dubai LLC company incorporation process in Dubai but our Dubai company registration consultants offers innovative and practical solutions for all your problems in Business Setup in Dubai. We are offering all the Dubai company setup services including name approvals for Dubai Company set up, Initial approval for company setup Dubai, local sponsor for LLC company registration in Dubai, MOA for LLC company formation in Dubai; arrange office for LLC company incorporation in Dubai. After your Dubai company registration in Dubai, our PRO s will arrange for Establishment and Labor card for your new Dubai business setup so that you can start the staff hiring process.
As you may be aware that all the LLC company setup in Dubai need a pro services company in Dubai are required to have local partner for LLC company registration in Dubai who owns at least 51% of company shares. This is the normal business practice and 51% is secured with different precautionary measures like side agreement, Dubai local sponsor selection and POA from the Dubai local sponsor.
Our business registration in Dubai team has developed a pool of reliable, honest and professional local sponsors in Dubai for the LLC company incorporation in Dubai. Dubai local sponsors for business setup on our panel are well educated, having reputable family back grounds and holding high rank positions in government sector. We will be a bridge between Dubai local sponsors and expat investors and a solution for red tape if don’t know how to register LLC Company in Dubai.
We have a lot of local sponsors contacts for business setup Dubai who are allowed to sponsor professional activities for Dubai LLC Company formation consultants like doctors (required for clinic or hospital registration in Dubai), engineers (required for engineering consultancy firm registration), auditors (required for audit firm’s registration in Dubai) and lawyers (required for law firm’s registration in Dubai). We have local sponsor for real estate Dubai Limited Liability Company registration in Dubai who are very flexible regarding the managing powers of real estate company setup in Dubai.
The approval process for a business registration in Dubai
- Issuance of licenses for banks and other financial institutions must have the approval of the UAE Central Bank
- In Dubai south free zone issuance of licenses for manufacturing companies must have the approval of the Finance and Industry Ministry.
- Issuance of licenses for companies engaged in insurance and other relevant firms must have the approval of the Economy and Commerce Ministry
- Issuance of licenses for medical and pharmaceutical products must have the approval of the Health Ministry
- For companies engaged in gas or oil production, additional endorsements and approvals from other government agencies may be needed
- In addition, business registration must also have the involvement of the Dubai Chamber of Commerce and Industry
Types of Company Formation in Dubai
Our firm is conversant with the company formation laws and regulations in Dubai and can help you set up your business here, availing the required licenses (Industrial/Service License, Trading/Commercial License, and Professional/General Trading License). You can choose from among a free zone, mainland or offshore company in Dubai.
Onshore and offshore sectors dominate the UAE economy; the difference between these 2 is that offshore sectors contain free zones that award foreign investment, while onshore sectors put restrictions on the foreign ownerships and take care of local business interests. Here’s a little summary of the 3 types of company formation in Dubai:
- Free Zone Company
Free zones in Dubai are the most sought-after locations for international business operations and attract foreign direct investment due to their policies that generate employment while supporting economic reforms. Dubai freezone company formation is a highly profitable investment option for organizations because of incentives like:
- 100% foreign ownership
- Exemption of taxes
- Customs privileges
- Greater growth potential due to the strategic location
- Well established transport network and road connectivity
- Proximity to a large customer base
- Affordable cost for high-quality labor
- Offshore Company
Many businesses prefer to set up an offshore company, also known as non-resident company, in Dubai as the income obtained from a holding company (offshore company) is not taxable.
Other than tax savings, people prefer having an offshore company as a holding company so that they can hold:
- The interest of other companies in a separate jurisdiction
- Licensing of franchises
- Intellectual property rights like patent, trademark, copyright, etc.
Offshore centers are often used for a variety of business purpose ranging from setting up business entities to owning overseas financial and real estate assets, inheritance planning, setting up holding companies and special purpose vehicles, ship registration and tax optimization.
RAK Offshore offers businesses and individuals a wide range of comprehensive services and structures that are dedicated to non-residents. Physically located in the superb infrastructure of the upcoming RAK Financial City, RAK OFFSHORE will allow a wide variety of international business and financial activities. From the very outset, it was conceived to allow you to unleash your entrepreneurial spirit by making it easier and more cost-effective to start and operate on offshore business.
Besides this, RAK Offshore wants to offer their clients to register their private yacht and pleasure boats in Ras Al Khaimah. By registering yachts and boats with RAK offshore company formation, there will be lots of financial advantages, low initial registration & annual maintenance fees and easy registration process.
- Mainland Company
A business entity falling under commercialized geographical areas and directly registered under the Emirates government and its authorities is known as a mainland company. A Mainland Dubai company formation can carry out business across the UAE but permits a maximum foreign shareholder equity capped at 49%. Mainland represents the most developed economy as it is setup directly in accordance with the legal structures of the Government policies.