Dubai has emerged as one of the most happening places in the world of business. It is a much preferred location for setting up a new company or to expand the horizon of an existing business. It is considered as one of the best business locations in the Middle East. In recent times, Dubai has evolved as one of the places to start new business ventures and to explore double digit growth. It is the perfect place that offers easy geographical access and also access to cash rich economies. Dubai is the best place with excellent living conditions, with no tax, free lifestyles, availability of better resources and of course with many beautiful locations.
Why businessmen prefer Dubai for their business?
Our professionals are there to guide you in setting up your new company in Dubai. With so many years of experience and with thorough knowledge on the local laws, we will be happy to guide you in the way you want it. The low tax system attracts many business people from different parts of the world. Whatever may be your requirement; to set up a new company in Dubai or to expand your existing business, we are here to guide you. Be it hospitality business or construction or finance, you have every chance to flourish. The country’s affluence and success has been one of the main factors of attraction for foreign investment.
Different options for international companies
Dubai is one place that offers various options for the international business people.
- • Limited Liability Company
- • Partnership Company
- • Share Partnership Company
- • Public Share Holding Company
- • Private Share Holding Company
Limited Liability Company even permits foreign company to become a shareholder. If you are planning to set up a LLC in Dubai, all you have to do is to identify a local sponsor who holds at least 51% equity in the company. With our presence here for many years, we can help new businesses to identify local partners or sponsors. . According to the rules and regulations of the local law, the foreign company cannot procure the shares of the local partner (sponsor).
Having a licensed branch in Dubai is another alternative for those who are looking out to expand their business. The foreign company should undertake the registration through a local sponsor or an agent. We guide and help you with all government matters, right from registration of license to obtaining work permits. Once you establish your branch with the help of local professionals or local sponsor you are authorized to lease offices and sponsor staff. You can legally enter into contract with other companies under your company’s name. According to the Companies Law, the established branch is not allowed to import goods.
Free Zones are considered as the best option for setting up a company in Dubai. One of the reasons for this is because it allows both regionally based companies and international companies complete ownership of the business. It also allows having a director and a single shareholder. There is no need to have arrangement with local sponsors. Once you establish your business in free zones, you are allowed to lease office space, sponsor work permits, issue work permits, and to arrange licenses. Companies that are established in one of the free zones do not have restriction in wages, repatriation, profit, and transfer of capital.
Whatever may be your choice and preference, we are here to guide you step by step. This would help the investors to minimize their concerns over incorporation of company within their expected deadline and to commence the operation. Our professionals help you with all the base work that needs to be done before setting up your company in Dubai.