Company Formation in Dubai

Company Formation in Dubai

From past years the United Arab Emirates (UAE), has garnered immense popularity among the
investors all over the globe. Here are the major things you must know before starting a company
in Dubai.
Type of Company
Before registering a company in Dubai you should first think about what kind of company you
should set up in Dubai. There are 3 types of company Limited Liability Company, Freezone and
Local PSC
Ownership of Company
Any business that falls under commercial or industrial licenses in the mainland of the city can
only be 49% owned by you and the rest of the 51% of the stake must be owned by a local
sponsor. For a startup, you must prefer Free Zones which offer great advantages like 100%
ownership, Speedy startup and Duty-Free customs boundary.
Registering the Company
Once the type of entity is decided, the next step takes you towards registration which usually
takes around 4 to 8 weeks to depend upon which type of company you select. The registration
for a Free Zone company is done with the Free Zone authorities, the registration of an LLC is a bit
more troublesome as it involves several Government Authorities.
Getting Approval
You have to register your trade name after obtaining a certificate, you require approval from the
DED for other necessary approvals which takes a week to months.
Visa Eligibility
If you want to set up a business in Dubai, UAE, it is essential for you and your employee must
have permitted a visa to live in the UAE. You will get fast approval for the business visa as
compared to a normal visa. You have to mention the details of your business, details of your
employee and investor. If you are working then you have to ask them to sponsor your visa. This is
required for starting only.

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