The federation of the 7 emirates of Abu Dhabi, Dubai, Sharjah, Ajman, Ras-al-Khaimah, Furjah and Umm-al-Quwain is the United Arab Emirates (UAE). The economy of the United Arab Emirates is the most diversified in the Gulf Cooperation Council (GCC). The country reliant on the export of abundant oil reserves to run it’s economy to a minority of its GDP from the same, taking tourism and business for their economic progress. UAE is the biggest business hub of the world, having a populous city. Dubai acts as a preferred destination for entrepreneurs, premier global cities, investors and tourists alike.

This is possible due to the market-friendly economic policies of the UAE government over 3 decades, fostering sustainable development, foreign investment, innovation and research.

Why Set Up Your Business in the UAE?

The developed economy of UAE offers world-class infrastructure, favourable business environment, flexible government norms, nifty amenities, and efficient quality services to all incoming business, irrespective of their country of origin.

The Business setup in UAE is an insightful business decision and futuristic for the following reasons:

UAE has a diversified market of high global demand for exports and imports, and vast opportunities for suppliers. The country has a strategic geographic location in the resource-rich region. UAE has global connectivity and easy access with 170 shipping lines and 90 airlines. The commerce in the United Arab Emirates is based on free trade barriers (no exchange controls or quotas).The country holds no tax on capital, personal or corporate income thereby allowing 100% repatriation of profits and capital. The freight and real estate charges are competitive. No currency restrictions on the money exchange. The energy supply is low-priced and abundant. The country’s populace is skilled and educated, hence its favourable for the standpoint of hiring workforce- there are not any restrictions on hiring the foreign nationals. The transportation system is well developed throughout the UAE. There is no secret of the infrastructural advancement of UAE with the plush real estate, dependable power supply, state-of-the-art telecommunication systems and other utilities that have a fertile breeding ground for business entities. There is a top-notch accommodation for office and residential purposes, with cutting-edge venues for conferences and exhibitions. The financial and services sector of UAE is remarkably developed, suited to complement the business milieu in the region. The nation would have a cosmopolitan lifestyle with first-rate medical facilities, educational institutions, shopping complexes and hotels.

Company Formation in Dubai with Support from Business Setup Consultant

The company formation laws and regulations in the UAE would help you set up business in Dubai. This avails the required license. You have to choose the mainland, free zone or offshore company in UAE.

Business Setup Consultant can help you in Company Formation in UAE

Steps for Company Setup in UAE

• Get a local sponsor to act as the service agent for your business in the UAE.
• Act on the economic activity based on the legal form of your business.
• An application for company registration to the Department of Economic Development submitted with a suggested company name.
• Get a trade license by submitting the company’s documents to the DED or the Chamber of Commerce and Industry.
• The company’s Memorandum of Association (MOA) must be notarized.
• The trade name should be registered.
• Apply for the establishment card.
• Get the initial and special approvals.
• Sign the lease agreement and MOA in front of a public notary.
• Get the location and inspection approval from the Municipality.
• The document processing must be done to get a payment voucher issued.
• Paying the license fee to get the trade license issued.
• Obtain approval from the Name Board and Ministry of Labour to hire employees.

Documents Required for Company Setup in Dubai – UAE

• The certified copy of tenancy contract
• Photocopies of passport, visa, residency certificates, No-Objection Certificate (NOC), land map, national ID or ownership certificate and family book.
• Document approval from the Legal Affairs Department.
• Documents approval from the Ministry of Economy and other government entities.
• The License form
• The partnership contract certificate from a public notary
• The photocopies of Technical evaluation report
• The trade name certificate
• The stamped visa from the Immigration Department.

Business Setup Services in UAE

The Black Swan Business Setup Consultants would help you with the following business setup services in UAE:

• The company incorporation
• The company registration
• The local sponsorship
• The Public Relations Officer services
• The accounting and bookkeeping
• The auditing tax consulting
• The value added tax (VAT) registration
• The legal advisory

Setting up a branch office in UAE

Why Blackswan?

The Blackswan helps firms and entrepreneurs to establish their company through United Arab Emirates company registration, incorporation and legal consulting services. We have experts to take care of the visa, banking, legal, and licensing formalities, in accordance with the UAE laws. We also guide you through your company formation, with your business objectives at the centre of our ecosystem.

Setup your Business Today!