HOW TO REGISTER A COMPANY IN DUBAI

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Dubai is one of the lucrative spots amongst all regions in the United Arab Emirates (UAE). UAE is a federation of seven emirates lying on the North-eastern coast of Arabian Peninsula. In this globalised era, where every business does not just want to limit their customer base to the geographical location they are based out of, rather wants to take it to new heights by removing the geographical barriers it comes with.

Company incorporation in Dubai-

Incorporation in Dubai would definitely prove to be a progressive decision for your business but at the same time it is more challenging. When it comes down to the cost involved in company incorporation in Dubai and how it will be done in case you are not a local resident there and you are not well-versed with the local surroundings. This is when an experienced consultant comes into picture who will guide you throughout your journey of company incorporation in Dubai.

FORMS OF COMPANY INCORPORATION IN DUBAI

1.       On the basis of Jurisdiction

1.1.   On-Shore: An entity that is incorporated in its home land with the sole purpose of doing business activities within the specific jurisdiction. Various benefits associated with establishing an on-shore business such as favourable regulation, tax regulations, banking & support sectors.

1.2.   Off-Shore: Any entity which is formed in a foreign country which is managed outside the jurisdiction of the company.

1.3.   Free-zone: These are special economic zones which are setup to promote the business environment in Dubai by giving away certain additional perks to those planning to set-up their business in these regions.

2.       On the basis of ownership/holding

2.1.   Limited liability: Limited liability partnership is a form of business entity in which the liability of an individual is limited to its share in the capital. Under Limited liability Company, the liability of the shareholders is limited to their share in capital. Maximum 50 & minimum 2 members are required to register a company as Limited liability in Dubai.

2.2.   Sole proprietorship: For a foreign potential investors, the procedure for incorporation in UAE allows an investor to start a company without any UAE national being a partner in the company. However, the foreign investor must incorporate fee based service agent instead of a “sponsor” to sign important documents.

2.3.   Private limited: It refers to possession of a big business corporation firstly, by non-governmental organizations and secondly, by a relatively small number of holders who do not trade the stock publicly.

2.4.   Public limited: A company where the business capital is divided into equal shares, with each shareholder’s liability limited by their respective number of shares.

2.5.   Branch office: Location other than the head office or the registered office of the company, which acts as an additional office for operations of the company.

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WHY COMPANY INCORPORATION IN DUBAI?

·         Geographical location

·         Taxation benefits

·         Flexible business environment

·         Endless opportunity for entrepreneurs

WHY CAONWEB?

·         Company incorporation in Dubai could prove to be a hectic job unless you are well aware of the law which is applicable in the gulf region. This is where any business establishment needs a consultant who is having the required experience of company incorporation in the region.

·         We at CAONWEB has the most trusted and experienced professionals who have a decade long history of serving the clients.

·         Help our clients in selecting the most lucrative location for their business setup in Dubai.

·         Expertise in cross-border transactions.

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Dubai Company Registration (FAQ’s)

How can I register a company in Dubai?

There are various forms of company which can be incorporated in Dubai viz. On-shore, Offshore & Free-zone Company. There is slight difference in the company registration process of these companies but more or less their process remains the same.

Follow the steps for company incorporation in Dubai.

·         Define nature of business.

·         Choose a name for your company.

·         Check the jurisdiction under which your business will operate.

·         Apply for license with the authorities.

·         Attach all the documents necessary for company incorporation.

·         Review the share capital requirements.

·         Submit your application with the authorities.

What kind of business can I start in Dubai?

An individual can start any sort of business in Dubai, there is no restriction on type of business but the licensing process is different for different forms of business.

Legal forms of companies in Dubai

·         Sole proprietorship

·         Partnership firms

·         Limited liability company

·         Private shareholding

·         Public shareholding

·         Branch office

Types of Trade licenses issued in Dubai?

·         Commercial

·         Industrial

·         Professional

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How many jurisdictions involved for company incorporation in Dubai?

Majorly there are 3 categories under whose jurisdiction companies can be formed:

·         On-shore company

·         Off-shore company

·         Free-zone company

What is Dubai economy based on?

Primarily the economy of Dubai was based on its petroleum production but with the time Dubai has emerged as one of the most lucrative business destination because of the incentives Dubai is offering to encourage business on their soil.

Now every new entrant or an established company is planning to take their business overseas, most likely to Middle East (Dubai).