Know the Process to
Establish Companies in the UAE
Dubai, the dynamic hub of the United Arab Emirates, has emerged as a global business destination in recent years. The city offers entrepreneurs and investors plenty of opportunities and advantages. Dubai company registration has access to a booming economy, a strategic location, and a supportive business environment.
How to Register a Company in Dubai
Registering a company in Dubai, the United Arab Emirates allows you to experience the profitable business environment by taking advantage of the great benefits of the United Arab Emirates.
It is a popular choice amongst international investors establishing a company with 100% foreign ownership, ease of doing business, e-governance system, top-class lifestyle, tax savings, up-scaled business infrastructure, and growing business timeliness.
Investors can choose from a variety of corporate registration options in the region. In this guide, we will cover every aspect of Company registration in Dubai so that you can smoothly head into a business acquisition in Dubai.
1. Company Name & Business Activity Approval
Finalize the company name and business activity. The Tradename must be approved by the authority to start the process of company registration.
Aurion will coordinate and submit documents for company name and facilitate the business activity approval. It is an important step in the company registration process in Dubai. Business Activity selection is an important aspect of company registration process in Dubai, UAE. The Trade License will have the mention of the list of selected activities. The business can legally conduct trade in the listed business activities.
2. Document Submission & Coordination
Prepare all the required documents, shareholder details, and arrange for the document submission to the respective authority. In UAE, the company can be opened without the actual presence of the shareholder.
Our Company registration consultants will coordinate the processing of the company license and other documents. The team ensures a hassle-free company registration in the shortest possible time.
3. Applying For Residency Visa
After reviewing company documents and obtaining the trade license, the business owner can apply for the UAE Residence Visa. Investors can apply for a Golden Visa to secure their long-term stay in the UAE.
Consultants at Aurion will apply for the company immigration card and UAE Residence Visa. Our Consultants also helps in arranging supporting documents and coordinates the visa processing with the Government Authorities.
4. Residence Visa & Emirates ID Processing
For the Medical Test and Emirates ID Biometric, the investor must fly in to UAE. The processing of the Emirates ID Application requires an in-country medical examination for the investor.
They can start the process of UAE Residence Visa soon after the Medical Examination and Emirates ID Application submission is done. Our expert PRO Agents will coordinate the Visa documentation, processing, stamping, and delivering the passport to the investor at the earliest.
After the Medical Examination and Emirates ID Application submission, the UAE Residence visa application will be started for the investor. Our expert Company registration consultant will coordinate the Visa documentation, processing, stamping, and delivering the passport to the investor at the earliest.
5. Bank Account Opening Assistance
We coordinate effectively with UAE banks to open company and personal bank accounts. The physical presence of shareholders is a must when opening a corporate bank account as part of KYC Compliance.
The presence of the investor is a must for verification purposes of banks. The paperwork for bank account opening can be done remotely. However, the business owner must have an Emirates ID and UAE Residence Visa for processing the bank account opening request. So, within a single visit to UAE, the investor can do their Emirates ID Biometrics, conduct their medical Test and apply for a Corporate Bank Account.
Associate with the right business consultants such as AURION to represent and act as your agent. Get professional consulting support from our experts in all services related to business registration and allied support services. We have dedicated Company registration consultants and PRO Service Agents for handling every investor’s specific business requirements. The team will coordinate document processing, company registration, collection, and delivery without any hassle for the investors.
Benefits of Dubai Company Registration
The benefits of Register a Company in Dubai or UAE are as follows:
1. Strategic Location
Dubai is in a great location that allows easy access to markets in Asia, Africa, and Europe.
2. Tax Advantages
The UAE offers a highly competitive tax regime. This translates into significant savings for businesses and individuals.
3. 100% Foreign Ownership
In Dubai, foreigners can own their companies fully for most business activities, giving entrepreneurs total control over their businesses.
4. Ease Of Doing Business
UAE is one of the best countries for business, making starting and running a company easy.
5. Diverse Talent Pool
Dubai attracts a diverse and skilled workforce from around the globe, providing access to a wide range of expertise.
Online Company Registration in Dubai, UAE
Thanks to the UAE government’s streamlined process, registering a company online in Dubai is now easier. The Department of Economic Development (DED) offers this service to mainland companies and some Free Zones in Dubai.
This means you can register your company from anywhere in the world, anytime of day or night. The online system provides real-time tracking of your application status. Entrepreneurs who are not in Dubai or have limited mobility can easily access registration services and information. This is beneficial for them.
You can register for most business activities online in Dubai. Some companies must maintain a physical presence in Dubai or engage in regulated activities. However, there are only a few cases where this requirement does not apply.
Documents Required for Business Registration in Dubai, UAE
- Application form
- Passport copies of all shareholders and directors
- 2 Photographs (white background)
- Share capital information
- Other documents specific to your chosen structure and activities
Besides the usual documents, you may need more depending on your business type when registering.
Different Types of Business Licenses in the UAE
Setting up a company in Dubai and the UAE requires a business license to conduct your activities and ensure legal peace of mind. It’s important to renew your company license before expiration to avoid fines and penalties. Here are the primary types of business licenses in the UAE:
Trade License
A Trade License, also known as a business license, is issued by the Department of Economic Development (DED). It authorises a company to conduct specific commercial activities within the UAE.
Industrial License
An Industrial License is granted for industrial and commercial activities, such as manufacturing or refining petrochemicals. This license is essential for businesses involved in production and industrial processes.
Professional License
A Professional License is issued to individuals or corporations that offer services based on intellectual or professional skills. If the business is owned by more than one person, it is called a civil company
Tourism License
A Tourism License permits businesses to operate in the tourism industry, including travel agencies, tour operators, and hotel management. This license is essential for companies offering services such as organising tours, providing transportation, and managing tourist accommodations