Benefits of Registering a Company in Dubai:
- 100% Repatriation of Capital and Profits: Businesses can transfer earnings back to their home country without restrictions.
- Tax Exemptions: Companies enjoy exemptions from personal or low corporate taxes, enhancing profitability.
- Superior Physical Infrastructure: Dubai boasts world-class facilities, including airports, ports, and telecommunications networks.
- Flexible Office Solutions: Free Trade Zones (FTZs) offer shared and virtual office spaces suitable for startups and businesses.
Company Registration Options in Dubai:
- Limited Liability Company (LLC): Up to 50 shareholders, with UAE nationals owning a minimum of 51%.
- Free Zone Company: 100% foreign-owned, operating within specific free zones.
- Branch Office: An extension of a parent company, operating under a UAE national agent.
- Offshore Company: Incorporated in Dubai but conducts business outside the UAE.
Step-by-Step Registration Process:
- Determine Business Activity: Identify the core operations and required business license.
- Choose Legal Structure: Select from LLC, Free Zone Company, or Offshore Company.
- Register Trade Name: Unique name registration through the Department of Economic Development (DED) or Free Zone authority.
- Apply for Business License: Submit documentation and obtain approvals.
- Select Business Space: Choose mainland or free zone options.
- Obtain Initial Approval: Preliminary approval from DED or Free Zone authority.
- Draft Memorandum of Association (MOA): Outlines company structure and operational rules.
- Apply for Company License: Final license application with detailed documentation.
Required Documents:
- Copies of Passports: For all shareholders and directors.
- National Identity Cards: For directors and shareholders.
- Memorandum of Association and Articles of Association: Outlining company structure and rules.
- Bank Statement or Utility Bill: Displaying residential address and name ¹.
You can register your company through the Basher online platform, which allows establishment within 15 minutes, or visit the Department of Economic Development in the respective emirate ².
Dubai Company Registration Documents
To register a company in Dubai, you'll need to provide the following documents ¹ ²:
- Passport Copies: For all shareholders and directors
- National Identity Card Copies: For directors and shareholders
- Proof of Residence: Recent bank statement, credit card statement, or utility bill displaying residential address and name
- Memorandum of Association and Articles of Association: Outlining company structure and operational rules
- Board Resolution: Outlining establishment of branch or subsidiary, including appointing authorized manager
- Trade License: Copy of existing trade license or registration certificate (if already in operation)
- Specimen Signatures: Of shareholders and manager
- Title Deeds: If involving property ownership
- Letter of Intent: Outlining business purpose and objectives
- Financial Reports or Bank Reference: As required
Dubai Company Registration Cost
The cost of registering a company in Dubai varies depending on the type of company and jurisdiction. Here are some estimated costs:
- Limited Liability Company (LLC): Around AED 25,500 (approximately INR 4,60,000)
- Free Zone Company: Typically less than AED 25,500, depending on the free zone and business activity
- License Fees: AED 1,000 to AED 20,000 (approximately INR 18,000 to INR 3,60,000)
- Office Rent: Varies depending on location and size
- Other Costs: Registration fees, license renewals, and document preparation fees
Additional Considerations
When registering a company in Dubai, consider the following factors ³:
- Legal Compliance: Ensure business complies with UAE laws and regulations
- Cultural Sensitivity: Understand and respect local culture and traditions
- Market Research: Conduct thorough research to identify target audience, competitors, and potential challenges
- Professional Assistance: Engage experts to navigate company registration process efficiently
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