Guide to Dubai Company Setup with Start Any Business

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Dubai has always been an attractive destination for entrepreneurs and investors looking to set up their businesses in a tax-friendly and business-friendly environment. Setting up a company in Dubai can be a complex process with various legal and regulatory requirements. Start Any Business is a business setup company in Dubai that provides comprehensive services to help businesses start their operations in the city. In this guide, we will discuss the steps involved in Dubai company setup with Start Any Business.

 

The Process for a Dubai Company Setup 

 

1. Determine the Type of Company and Business Activity            

The first step in Dubai company setup is to determine the type of company you want to set up and the business activity you will be engaged in. Dubai offers several business structures, including free zone companies, mainland companies, and offshore companies. Each type of company has its own advantages and limitations, and the business activity you want to engage in will determine the most suitable business structure for you.

 

2. Choose a Company Name and Register It

Once you have decided on the type of company and business activity, you need to choose a company name and register it with the Department of Economic Development (DED) in Dubai. The company name should be unique and not already registered in Dubai. Start Any Business can help you with the process of choosing a suitable company name and registering it with the DED.

 

3. Obtain Business Licenses and Permits

Dubai has several regulatory bodies that issue licenses and permits for businesses, depending on the nature of the business activity. For example, if you are setting up a trading company, you will have to get a trading license from the DED. Similarly, if you are setting up a restaurant, you will have to acquire a food and hygiene license from the Dubai Municipality. Start Any Business can help you obtain the necessary licenses and permits for your company.

 

4. Open a Corporate Bank Account

Once you have received the vital licenses and permits, you need to open a corporate bank account in Dubai. This will enable you to conduct your business operations, including receiving and making payments. Start Any Business can assist you in opening a corporate bank account in Dubai.

 

5. Rent an Office Space

Most business structures in Dubai require a physical office space to be rented. The office space should meet certain requirements set by the regulatory authorities, such as the Dubai Municipality and the Dubai Civil Defense. Start Any Business can help you find a suitable office space that meets all the necessary requirements.

 

6. Hire Employees

If you are setting up a mainland company in Dubai, you will need to hire employees to meet the minimum requirement set by the DED. The score of workers required relies on the business activity and the business structure. Start Any Business can help you with the process of hiring employees, including obtaining work visas and labor cards.

 

7. Register for Value Added Tax (VAT)

Value Added Tax (VAT) is a tax on goods and services in Dubai, and businesses with an annual turnover of over AED 375,000 are required to register for VAT. Start Any Business can assist you in registering for VAT and filing VAT returns.

 

8. Obtain Additional Permits and Approvals

Relying on the nature of your business activity, you may require to obtain further permits and approvals from regulatory bodies such as the Dubai Municipality, the Dubai Civil Defense, and the Dubai Health Authority. Start Any Business can help you obtain the necessary permits and approvals and provide the best business setup services for your company.


Benefits of Dubai Company Setup with Start Any Business 

Here are some of the benefits of company registration in Dubai with Start Any Business.

 

1. Expertise and Knowledge of Local Laws and Regulations

Start Any Business has a team of experienced professionals who have extensive knowledge of local laws and regulations. They can help businesses navigate the complex process of setting up a business in Dubai, including obtaining licenses and permits, registering a company name, and opening a corporate bank account. With their expertise and knowledge, businesses can avoid costly mistakes and ensure compliance with local regulations.

 

2. Customized Business Solutions

Start Any Business offers customized business solutions tailored to the needs of each client. Whether you are looking to set up a free zone company, mainland company, or offshore company, Start Any Business can help you choose the most suitable business structure for your business activity. They also offer a range of additional services, such as visa processing, PRO services, and accounting services, to help businesses operate smoothly.

 

3. Speedy Business Setup Process

Setting up a business in Dubai can be a time-consuming process that involves several steps and procedures. However, with Start Any Business, businesses can benefit from a speedy setup process. They have a streamlined process that ensures the timely completion of all procedures, from obtaining licenses and permits to opening a corporate bank account. This can help businesses start their operations in Dubai quickly and efficiently.

 

4. Competitive Pricing

Start Any Business offers competitive pricing for its services, making it affordable for businesses of all sizes to set up operations in Dubai. They offer transparent pricing with no hidden costs, allowing businesses to plan their budget effectively. Moreover, their services can help businesses save money in the long run by avoiding costly mistakes and ensuring compliance with local regulations.

 

5. Strong Network and Connections

Start Any Business has a strong network and connections in Dubai, which can be beneficial for businesses looking to establish partnerships and collaborations. They have established relationships with local authorities, banks, and other service providers, which can help businesses navigate the business landscape in Dubai more effectively.

 

Documents Required for a Dubai Company Setup 

Here is a list of all the documents required for a Dubai company setup with Start Any Business “

1. Application Form

2. Memorandum of Association (MOA)

3. Power of Attorney (POA)

4. Shareholder Agreement

5. Trade License Application

6. Bank Account Opening Documents

 

The Cost of a Dubai Company Setup 

Here are some of the costs associated with a Dubai company setup “ 

1. Trade License Fee - The cost of a trade license fee varies depending on the type of business activity and the location of the business.

2. Registration Fee - The registration fee varies depending on the legal structure of the company.

3. Notarization Fee - Notarization of legal documents such as the MOA, shareholder agreement, and POA may require a notary public, which incurs a fee.

4. Visa and Immigration Fee - Depending on the number of employees and the visa category, visa, and immigration fees may apply.

5. Office Rent - The cost of office rent varies depending on the location and size of the office space.

6. Employee Costs - Employee costs such as salaries, benefits, and insurance may also apply.

Start Any Business can provide businesses with a clear breakdown of the costs involved in setting up a company in Dubai and help them choose the most cost-effective legal structure and business activity for their business. With their expertise and knowledge of local laws and regulations, businesses can avoid costly mistakes and ensure compliance with local regulations.

 

Conclusion

Dubai company setup can be a complex process with various legal and regulatory requirements. Start Any Business is a business setup consultancy in Dubai that provides comprehensive services to help businesses start their operations in the city. From choosing a suitable business structure and registering a company name to obtaining licenses and permits, opening a corporate bank account, renting an office space, hiring employees

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