Dubai is known around the world for its booming economy. That’s why more and more entrepreneurs are bringing their ideas to the business hub of the Middle East. There are so many advantages of setting up a business in Dubai, like a great infrastructure, a strategic location, and a competitive environment. The legal processes are fast-tracked, there is minimal paperwork, and the registration is simple. Don’t forget about the perks on investments and tax benefits when compared to other countries. Our dedicated team of business consultants are here to exceed your expectations in getting your company setup in Dubai and maximizing your return on investment in no time.
Entrepreneurs looking to setup business in Dubai need to find a local sponsor for licensing purposes and start drafting their Memorandum of Association (MOA).
Secure a trade name that isn’t already being used and submit an application to the Department of Economic Development (DED).
Find and secure a location for your business. Then, apply for a trade license, which is also referred to as a commercial license.
Submit paperwork to the Department of Economic Development (DED) to obtain a trade license from the Chamber of Commerce and Industry.
With a stunning skyline and ample office space, Dubai’s Mainland is often a favorable destination for people who are starting their own business venture. A bonus for this business location, you won’t have to pay personal or corporate taxes if your business sets up the company in this area of Dubai. A Mainland company can operate inside and outside the country without any restrictions. You will need a commercial or professional license to start your business on the Mainland. We are a skilled team with expertise in new business setup in Dubai and are ready to get you the licenses you need to make this transition possible.
Opening and operating a company in Dubai’s Offshore is ideal for business owners who want to conduct international trade. Offshore businesses have become one of the fastest-growing investment hubs in the United Arab Emirates. There are several factors that make Offshore favorable including: exemption from local taxes, liberal government laws and policies, overseas status, no minimum capital requirement, and opening a bank account in the UAE. One of the main reasons for Offshore company formation is that it has complete confidentiality over financial matters. The formation of an Offshore company in Dubai is a quick and simple set up when compared to the other types of business options.
If you’re looking at owning 100% of your business activity, running a Free Zone may be perfect for you. The Dubai government created the Dubai Free Zone Company formation due to the growing economy in the UAE and infinite business opportunities. These zones can be all foreign-owned and don’t require a 51% local partner ownership. Setting up a business in a Dubai free zone brings a sea of opportunities for networking, collaborating, and extensive growth in the business. Most Dubai Free Zones even allow for multiple businesses under one license. Our dedicated team of business consultants specializes in each of the Free Zones to provide cost-effective corporate solutions for your business.
Are you ready to make a move to Dubai with your business? No matter what type of business you choose to operate, the first thing you are required to have is a license. A license validates your company as a legal entity and defines you and your business enterprise. MSZ Consultancy holds all the necessary licenses to get your company set up and operating in Dubai.
The commercial license in Dubai is easiest to obtain compared to other business licenses. All commercial trade activities in the UAE require this type of license. General traders as well as specialized traders can get a commercial license and operate in the region. Retail businesses, as well as construction and real estate industries also need to apply for a commercial license.
If you plan on having a business that includes manufacturing, producing, or fabricating, then you will need an industrial license. There’s a little more work involved to qualify for this license. For starters, you will need a physical office because virtual offices aren’t allowed. Your company will have to employ at least ten people, and depending on your location, you may have to work with a local sponsor.
If your company is service-oriented, then you will need a professional license. There is a long list of businesses that are considered professional, some of them include: carpenters, medical professionals, beauty salons, accounting, and many more. Some entrepreneurs aren’t sure if their business is considered commercial or professional. MSZ Consultancy can help figure out what license you will need in a free consultation.
Dubai attracts millions of tourists each year, so it’s no surprise that tourism is a big industry. Depending on what type of business your company will be doing, there are three types of tourism licenses you can get in Dubai that will allow you to take part in this booming industry. You can apply for a tourism license for an outbound tour operator, an inbound tour operator, or a travel agent.
The tax breaks, a multilingual workforce, and an economic infrastructure – these are just a few of the many benefits that draw entrepreneurs to Dubai. But setting up a new business comes with a lot of steps, paperwork, and costs. We know that there are a lot of fees involved, which is why we offer a smooth business setup at affordable prices.
There are several factors that go into the total fees when it comes to setting up a business in Dubai on the Mainland. Your price could drastically change depending on the type of business you have, how many visa permits you need, and the location of your office.
There are also some mandatory government fees like:
Setting up a company in the Free Zone gives you a little more freedom with decisions when it comes to costs. The costs will change depending on which Free Zone you decide to do business in, the type of building you have, and the number of visas you will need.
There are also a couple of one-time fees you have to pay:
Like the other areas, setting up a company in the Offshore can vary depending on what jurisdiction you choose and what type of company you are wanting to setup.
Some fees you’ll have to consider are nominee services, a business maintenance fee, and the charges to open a bank account. There are also several yearly fees you will have to pay:
Starting a business can be a stressful, tedious process, but it doesn’t have to be. When you have MSZ Consultancy on your side, you aren’t just finding a service provider, you’re finding a long-term partner. Consulting with us can help ease your mind when it comes to setting up your business and provide you with the services you need to make sure everything runs smoothly.
If you are willing to set up a business in Dubai, then we are ready to get started! MSZ Consultancy will help you build your dream business. We provide LLC company formation and related-setup services in Dubai and across UAE to get your business up and running.
Our knowledgeable team of experts has the complete solutions to get your new business set up in Dubai from start to finish. We are here to help with everything you need, from trade licenses, company registrations, government approvals, and PRO services. Each service is customized to deliver the best results for your business.
We are your one-stop for everything you need for setting up a business in Dubai. Our expert consultants will guide you through all the steps that are involved in getting your business up and running smoothly. We help with everything you need from company formation, securing a space and a sponsor, answering any financial questions you have, and making sure you have all the legal paperwork you need finished on time.
At MSZ Consultancy, we help make your business dreams become a reality! You won’t have to worry about losing a night of good sleep thinking if you have everything in place to open your business in Dubai, because at MSZ Consultancy, we do all of the hard work for you. We will guide you through the administrative, financial, and legal processes that you will need to start a business in UAE.
We don’t mean to brag, but we know what we are doing! We are an award-winning team of consulting specialists with over a decade of prosperous results. We are successful because we truly care about our clients! Our services are customized for you and your business to make sure that you get everything you need at an affordable price. We strive on being more just a service provider, we want you to consider us a long-term partner.
Learn How Companies Have Used the Experts at MSZ Consultancy to Build a Business in Dubai
Mr. Mujeeb has been very helpful since the beginning. He was not only focused on the procurement process of the license alone. He took his time to explain to me what are my best options for various activities. He took time to listen and understand his client’s needs. The entire process was a breeze! Thank you, Mr. Mujeeb and to MSZ!
I dealt with Mujeeb, who was very prompt at responding to my initial enquiry.
He listened to what I wanted, he did not presume anything or try to sell me something I didn't require or would not fit my purposes and always responded to my emails swiftly.
I am extremely satisfied with the service received from MSZ Consultancy and would definitely recommend them.
As MSZ consultancy has guided me to get my business license last month, I found it to have both a professional and friendly environment simultaneously, I recommend to everyone who is looking for business setup consultants in Dubai. Mr. Zubair was really understanding, cooperative and helpful throughout the process.
As easy as it could be, MSZ helped me setup my business and everything has just been uphill from there. The staff and the Employees were all so easy to talk to and friendly, 100% would recommend MSZ to everyone looking to setup their business.
The Most Asked Questions About New Business Setup in Dubai
To register your online business, you will first have to decide on a legal structure for your business. Then you will have to choose a location and a name for your company. Next, you’ll need to apply for a license and for an initial approval certificate. After you draft a Memorandum of Association (MOA), you’ll have to get the final approval of your license. Then, you’ll have to make sure you have all the import/export requirements complete for your area. The final step will be to open a corporate bank account.
You will have to have a local sponsor on the Mainland to serve as a representative for dealings with the Ministries and the Government for getting paperwork completed.
In Dubai mainland, you are allowed to have ten activities. In Dubai free zones, you can have two business activities under one license.
The cost of setting up a business in Dubai will largely depend on the type of company you have and the location in Dubai that you plan to have it setup in.
First, you will have to choose a business name and the legal structure for your company. Then, you’ll have to decide in the business activities that will be included in the business license. Then, you’ll have to complete and submit the permit for approval.
LLC, which stands for Limited Liability Company, is the most common form of business in the UAE. An LLC can be created by a minimum of two shareholders and a maximum of 50 shareholders.
You can get citizenship in Dubai if an employer provides sponsorship. You can also get citizenship in Dubai by buying property.
Retail is one of the most popular and established businesses to setup in Dubai. Financial services, tourism, schooling, and healthcare are also considered one of the best businesses to start in Dubai.
For a Mainland business, a local sponsor must be appointed who will own a majority of shares. The cost to setup business on the Mainland is usually high.
In a Free Zone, a foreigner can have complete ownership of their business and don’t require the need for a local sponsor. The cost to setup a business in a Free Zone is usually cheaper than on the Mainland.
It costs the least to setup business in the Offshore of Dubai. Full ownership is granted only if they have a business outside the UAE. There is no need for an office space, so a visa is not granted.
First, determine the name and type of business you want to start. Then, choose a location for your business. Next, draft a Memorandum of Association (MOA) and submit all the required paperwork.