Business Setup in Dubai
AL GHARAVI BUSINESS SETUP IN DUBAI SERVICES
Start your Business Setup in Dubai UAE with AL GHARAVI BUSINESS. Get best price for business setup, freezone company formation, business licensing and PRO services in UAE.
AL GHARAVI Business Setup is a company formation specialist in Main Land, Free Zones and Offshores with wide range of solutions to investors to start a company in the UAE, (New establishment or existing business for any type of modification).
AL GHARAVI Business Setup is a member of The TOP GROUP OF COMPANIES which is one of the leading providers of Dubai government services and has been the leading corporate services provider in UAE for more than 40 years, offering outstanding support to business organizations.
AL GHARAVI Business Setup provide a wide range of solutions to smooth running operation, we can turn these goals into reality.
AL GHARAVI Business Setup is providing complete business setup solutions and PRO services to corporate and individual clients in Main Land, Free Zones and Offshore all over UAE. Our professional team will assist you for company formation in Dubai. We provide specialized Quality services in Government departments like, Dubai Economic Department, Dubai Municipality, Dubai Health Authority, Ministry Of Labor, General Directorate of Residence and foreign Affairs and KHDA projects at unbeatable prices with Best client experience.
Setting up business in United Arab Emirates Free Zones allows 100% foreign ownership and have no taxes – usually guaranteed for 15 or 50 years. Each free zone business setup in UAE has its own authority and its own rules and you don’t need any local sponsors (Emirati) in a free zone company set up with easier start-up processes as well as lower overhead cost.
Company setup in UAE main land consist of all Business Entities which are directly registered under, each emirates government and its authorities with the restriction of commercialized geographical areas. These main land business setup in Dubai or Abu Dhabi directly embody the Government guidelines and it’s legal structure towards its most developed Economy.
There are countless advantages of Offshore UAE Company Formation. The main benefit of offshore company is they don’t require a sponsor and can own real estate property located across the UAE. The offshore company formation is the best structure for those who are looking to do business overseas and intend to invoice their international clients from the UAE.
Business Set Up in Dubai Overview
In the UAE, economic activity is regulated by individual emirates as well as the Federal Government. In Dubai, the authorities have deliberately sought to create an environment which is well ordered without being unduly restrictive. As a result, Dubai offers businessmen operating conditions that are among the most liberal and attractive in the region.
There are many options open to international companies seeking to establish a business setup in Dubai. Apart from forming a trading relationship, many companies find that there are distinct advantages in having an on-the-spot presence in order to research market prospects, make contacts, liaise with customers, and see through the details of any transactions and orders secured. Having such a presence can provide considerable business advantages in the Middle East.
Do you want Business Setup in dubai….?
Foreign investor, entrepreneur and Businessmen prefer to deal with someone they know, trust and personal relationships are much more important in doing business setup in Dubai and the Arab world than they are in western Europe or America. Also, the buying patterns of some countries served by Dubai tend to be unpredictable, creating a need for first class market intelligence and information. Dubai offers foreign companies a wide choice of business setup in Dubai for Investors to start their new company in free zone, OFFSHORE or in mainland. And mostly overseas companies are looking to setup their branch or representative office in DUBAI. Business Setup in DUBAI is a dream for almost all of the entrepreneurs in the world. infact, Business setup in DUBAI is very challenging task; because the growing economy of emirates are attracting a lots of competitor in the market. There for it is difficult for new businesses to take hold. So business setup in DUBAI requires a great attention to enter in a competitive market. Setting up a business in DUBAI with one should care for all necessary requirements and legal factors like;
- Experienced with Updated Knowledge
- Knowledgeable about entrepreneur’s Requirements
- Suggest best business option which can achieve your target
- Detailed Briefing with all setups from initial to completion
- Complete expense summery with line of action
- Work flow chart from start to end
- Educated young Local Partners/ Sponsors
- Target Area to start your business for positive achievements
Because of all above facts to start Business setup in Dubai. it’s very challenging for a businessman or investor to launch his business with his capabilities and knowledge of market which turns everyday with new laws and new business elements.
To avoid all these hurdles TOP GROUP of Companies competitive working family is full of experience and updated with business scenario offering excellent services to all new investors, businessmen and entrepreneurs for business setup in Dubai. TOP GROUP of companies doing this since 1976 thousand’s of time in same market and expert staff of TOP GROUP family can advise with their best experience about target area of business setup in Dubai.
Which Type of Company is Good for Business setup in Dubai
The basic requirement for all business setup in Dubai is one of the following three categories of licenses for Mainland:
- Commercial licenses covering all kinds of trading activity
- Professional licenses covering professions, services, craftsmen and artisans
- Industrial licenses for establishing industrial or manufacturing activity.
These licensees are issued by the Dubai Economic Development Department (with the exception of licensees for hotels and other tourism-related businesses which are issued by the Department of Tourism and Commerce Marketing.) Also, business setup in Dubai for some categories of business require approval from certain ministries and other authorities: for example, banks and financial institutions from the Central Bank of the UAE; insurance companies and related agencies from the Ministry of Economy and Commerce; manufacturing from the Ministry of Finance and Industry; and pharmaceutical and medical products from the Ministry of Health. More detailed procedures apply to businesses engaged in oil or gas production and related industries.In general, all commercial and industrial businesses in Dubai should be registered with the Dubai Chamber of Commerce and Industry.
Do you Know Your Business Activity for business setup in Dubai
This is the back bone of you new business to know about first step to chose establishment type and this time TOP GROUP of companies will help you with right direction and legal requirements for business setup in Dubai with complete work flow to start your own business setup in Dubai; because you are searching for top business setup companies in Dubai to help you with your business setup in Dubai. In order to get help from business setup consultants in Dubai is very important because they are very skillful people to advice you with all legalities and steps of setting up business in Dubai.
WHY TOP GROUP for Business Setup in Dubai
Business setup in Dubai is a great responsibility which requires updated knowledge, experience, legal terms and understanding about the current market senerio, knowledge of business structure and suitable activities for establishment incorporate to perform business setup in Dubai. Remember, if you are not sure about these facts especially about the structure of comapny and activities to perform targeted business, then you must need the help of business setup consultants in Dubai. Now days there are many different types of establishments with different types and prospective with legal matters, Because of these factors it is really important for the foreign investor, businessmen to understand about the particulars of his new business setup in Dubai. We TOP GROUP are business consultants in Dubai offer business consultancy services to foreign investors. we have experience business setup consultants who have deep knowledge about different types of businesses.
Onshore or OFFSHORE business setup in Dubai
Other big share of Offshore business with a part of freezone company setups, we TOP Group proudly provide Business setup services in offshore and freezone sector also with wide experience to perform our services and give consultancy to foreign investors. As a TOP GROUP business setup in Dubai is a right choice because we are experienced and cost effective solution providers. Our policy is “ EXCELLENT CLIENT SERVICE” where we deliver all services on agreed time with professional standards.
What is Ownership Requirements for business setup in dubai
Fifty-one per cent participation by UAE nationals is the general requirement for all UAE established companies and business setup in Dubai except:
- Where the law requires 100% local ownership
- In activities open to 100% AGCC ownership
- Where wholly owned AGCC companies enter into partnership with UAE nationals
- In respect of foreign companies registering branches or a representative office in Dubai
- In professional or artisan companies where 100% foreign ownership is permitted.
- General partnership company
- Joint venture company
- Public shareholding company
- Private shareholding company
- Limited liability company
- Share partnership company
What Steps involve to business setup in Dubai Main Land
Fifty-one per cent participation by UAE nationals is the general requirement for all UAE established companies and business setup in Dubai except:
- Select a commercial name for the company and have it approved by the Licensing Department of the Economic Development Department
- Draw up the company’s Memorandum of Association and have it notarised by a Notary Public in the Dubai Court
- Seek approval from the Economic Development Department and apply for entry in the Commercial Register
- Once approval is granted, the company will be entered in the Commercial Register and have its Memorandum of Association published in the Ministry of Economy and Commerce’s Bulletin. The license will then be issued by the Economic Development Department
- The company should then be registered with the Dubai Chamber of Commerce and Industry.
Branches and Representative Offices of Foreign Companies setup in dubai
The Commercial Companies Law covers the formation and regulation of branches and representative offices of foreign companies in the UAE and stipulates that they may be 100% foreign owned, provided a local agent is appointed. Only UAE nationals or companies 100% owned by UAE nationals may be appointed as local agents (which should not be confused with the term commercial agent). Local agents – also often referred to as sponsors – are not involved in the operations of the company but assist in obtaining visas, labour cards, etc and are paid a lump sum and/or a percentage of profits or turnover. To establish a branch or representative office in Dubai, a foreign company should proceed as follows:
- Apply for a licence from the Ministry of Economy and Commerce, submitting an agency agreement with a UAE national or 100% UAE owned company. Before issuing the licence, the Ministry will:
- forward the application to the Economic Development Department to obtain the approval of the Dubai government.
- forward the application specifying the activity that the office or branch will be authorised to undertake in the UAE, to the Federal Foreign Companies Committee for approval.
- Once this has been done, the Ministry of Economy and Commerce will issue the required Ministerial licence specifying the activity to be practised by the foreign company.
- The branch or office should be entered in the Economic Development Department’s Commercial Register, and the required licence will be issued;
- The branch or office should also be entered in the Foreign Companies Register of the Ministry of Economy and Commerce.
- Finally, the branch or office should be registered with the Dubai Chamber of Commerce and Industry and you will be the owner of business setup in Dubai.
What steps involve for Professional Firms setup in dubai
In setting up a professional firm’s business setup in Dubai or in UAE, 100% foreign ownership, sole proprietorships or civil companies are permitted. Such firms may engage in professional or artisan activities but the number of staff members that may be employed is limited. A UAE national must be appointed as local service agent, but he has no direct involvement in the business and is paid a lump sum and/or percentage of profits or turnover. The role of the local service agent is to assist in obtaining licenses, visas, labor cards, etc.
What is the Process of FREEZONE business setup in Dubai
The Free Zone in UAE have been set up with the specific purpose of facilitating investment. Accordingly, the procedures for investing in the zones are relatively simple. While the free zones are designed to complement and contribute to UAE’s growth and development, their legal status is quite distinct.
Companies operating there are treated as being offshore, or outside the UAE for legal purposes. The option of setting up in the free zones is therefore most suitable for companies intending to use Dubai as a regional manufacturing or distribution base and where most or all of their turnover is going to be outside the UAE.
Free Zone Licenses
Companies approved for operation in Free ZONES are granted one of the following types of licenses: Trading; Industrial; Service; or National Industrial. These licenses are renewable annually for as long as the company holds a valid lease from either of the Free Zones. Trading licenses will be granted to companies holding a valid license issued by the Dubai Economic Development Department or an equivalent authority in the UAE, and to companies incorporated outside the UAE. In each case, the permitted activities on the Free Zone licence must confirm to those on the existing license. Trading licenses are also issued to Free Zone Establishments (FZE)
Industrial licenses are issued to companies incorporated outside the UAE and to Free Zone Establishments
Service licenses are only granted to companies holding a valid UAE license
National Industrial licenses are issued to industrial companies registered within or outside the UAE, provided they meet the conditions of having at least 51% AGCC equity and their local production accounting for at least 40% value added. Such companies must obtain provisional approval from the UAE Ministry of Finance and Industry. A National Industrial license grants its holder the same rights as those of national and other AGCC companies, and products exported to AGCC states will be exempted from custom duties.
If a company wishes to practice more than one of the above mentioned activities, it must obtain a separate license for each category of activity.
If I have a business setup in Dubai free zone, can I do any trade outside of that free zone?
Companies holding a Free Zone license are permitted to operate in the respective Free Zones and outside the UAE. Operation within the UAE can be undertaken either by a commercial agent, representative, distributor, or the mother company licensed by the relevant UAE authority. Any company holding a Free Zone licence can itself purchase goods or services within the UAE.
• a license application including an appendix with details of the documents required concerning the company’s legal status
• a Performa of information required for planning, and
• a consumer request for electricity supply.
On receipt of these documents, the Free Zone authorities will consider the proposal. If provisional approval is given, the company will be asked to prepare and submit the documents called for in the appendix to the license application. After the checking of these documents, a meeting will be called to discuss and finalize the project details. If everything is satisfactory, the Free Zone authorities will issue conditional approval for the project. Thereafter, a lease agreement and, if required, a personnel secondment agreement will be prepared by the Free Zone authorities for signature by the company.
At the time of signing, the applicant will be required to provide the insurance policies called for in the agreements and should pay the agreed rental and license fees prior to collection of the licence.If the company wishes the Free Zone authorities to sponsor employees on its behalf, applications for entry permits may be submitted once the license has been issued. The bank guarantee called for in the personnel secondment agreement will be required at this stage together with visa charges. If the company’s project involves the erection of a structure, detailed plans must be submitted after the lease has been signed. When the plans have been agreed, a building permit will be issued.
Administrative work, such as importing equipment or engaging labour for installation of equipment, may proceed in parallel with construction work. But application for entry permits for operatives to be sponsored by the Free Zone authorities will not normally be accepted until a completion certificate for the construction has been issued.
Mainland Company Formation
- Mainland Company Formation
- General Partner Company Setup
- Professional Company
- Joint Venture Company
- Public Shareholding Company
- Private Shareholding Company
- Limited Liability Company
- Sole Proprietorship Firm
- Establishment by GCC citizen
- Branch Company Formation
- Representative Company for Foriegn Establishment
WHY TOP GROUP OF COMPANIES
- Experienced team with updated knowledge in UAE Government rules and regulations
- Experties to understands our client’s requirements.
- Complete privacy and crystal clear in terms of costs, commitments.
- Job Delivering in mutually agreed terms.
- Provide special attention to our clients with dedicated business head.