06 Dec How to Register a Company in Dubai From India?
The Indian entrepreneurs and new-age investors looking to register a company in Dubai can now enjoy several benefits. You don’t need a local shareholding UAE partner for mainland company formation, and the government continues to introduce numerous business-friendly reforms.
You can connect with the company formation experts at Shuraa India to enjoy the cheapest company registration in the UAE. Furthermore, we provide affordable business incorporation packages without compromising our deliverables and are always there to support you.
What are the Steps to Register a Company in the UAE?
Follow the steps mentioned below to register your company in Dubai:
- Finalize the Business Activities
- Register a Trading Name for your Company
- Choose the Desired Business Jurisdiction
- Draft the MOA / LSA
- Apply for a Business License
- Apply for an investor visa, Emirates ID
- Apply for Company Bank A/c.
All these steps are discussed in detail below:
1. Finalize the Business Activities
The day-to-day operations of your firm determine your organization’s business model. In addition, several actions necessitate particular approvals and certificates, which you must list and submit to the relevant authorities.
You should choose a free zone setup if you want to register a company in Dubai in a specialized economic business zone. Moreover, if you want to start your business on the mainland, you can also register a sole establishment else LLC, the structure of the company depends on chosen business activity
2. Register a Trading Name for your Company
Another important step in establishing a company in the UAE is registering a trading name. Trade names with words that indicate your venture’s nature are recommended because they increase your company’s significance in the industry.
Furthermore, in the UAE, trade name reservation regulations must be followed. Moreover, avoid using provocative names, terms that offend people’s religious feelings, and so forth.
3. Choose the Desired Business Location
Your company’s business location determines a lot. In addition, from one area to the next, the exposure to diverse economies, resource availability, infrastructure, taxes regulations, etc., varies. Furthermore, the merits and limitations of all the business zones suited to registering a company in Dubai are summarized by Shuraa India’s business advisors.
We provide end-to-end business assistance and help you make educated decisions. After obtaining the ejari or tenancy contract, you can acquire office space in your selected location.
4. Draft the MoA and LSA
If you want to register a company in Dubai on the mainland, you’ll need to work with a local service agent (LSA). He/she wouldn’t intervene in your business decisions and would only offer assistance in applying for licenses and securing other mandatory approvals. Moreover, you no longer need to offer 51% shareholding of your business to a UAE national, even on the mainland.
In addition, you can work with Shuraa India Branch, and we’ll handle your paperwork. Thereby, allowing you to maintain complete operational and legal control over your business. Next, you must sign and establish the MoA (Memorandum of Association) based on your company’s structure and business model.
5. Apply for a Business License
Furthermore, note that the mainland businesses must apply to the DED for a license. On the other hand, free zone businesses can apply to their separate authorities. In addition, after you obtain a business license, you must secure external approvals from other governing bodies, if required.
6. Open an Account
After you’ve completed all the necessary paperwork and documents, you’ll need to open a business bank account for your company. Therefore, choose a bank that best meets your company’s demands and provides significant benefits and concessions that’ll assist in cost optimization.
What is the Cost of Registering a Company in the UAE?
There’s no one-fits-all figure for the Dubai company registration fees. It’s because the cost of registering a business in Dubai depends on a plethora of factors. These include the license type, company location, size of the office, visa requirements, and a lot more.
However, Indian entrepreneurs can register a company in Dubai for as low as AED 20,000 when they work with Shuraa India Branch. We guide you step by step on the company registration process at very nominal rates. Moreover, our business consultants provide post-incorporation legal assistance too.
Benefits of Registering a Business in Dubai
1. Low Taxation Policies
Corporate and personal taxes on profits earned by businesses are not a concern for business owners. In addition, the low tax rates ensure that you get the most out of your venture without having to spend a lot of money on taxes. Furthermore, the best part is that Dubai’s VAT rates are among the world’s lowest.
2. Investment Security
All laws maintained by the DED, RERA, and DLD are fair, indiscriminate, and supportive towards the new-age investors. Furthermore, there aren’t any hidden costs and surcharges. Therefore, you can confidently set up your company in the Emirates. Apart from the benevolent jurisdiction, Dubai has a zero crime rate, and the country is full of peace and tranquility.
3. Population Growth
Dubai is a hotspot for new businesses because of the growing population and a rapidly evolving economy. Moreover, Indian and foreign investors continue to find a home for their business in the UAE. Therefore, your business would never run out of clients.
4. Hassle-Free Visa Management
You can obtain visas for your shareholders, employees, family members, etc., by filing your application to the concerned department. In addition, a few mandatory visas are granted along with your business license. Furthermore, for more visas, the laws are clearly defined, and you just have to follow the legal process.
Documents Required to Register a New Company in Dubai
- Photographs (passport size) of the company registration applicant
- Application form
- Passport copies of all the legal participants for verification
- A copy of the LSA’s Emirati ID
- MoA and LSA documents (notarized and attested)
- Tourist visa of the company registration applicant
- Ejari number for the verification of the rental space agreement / Business Centre sustainability contract
- External approvals (if applicable)
Register Your Company in Dubai!
The business industry in Dubai is on the rise, and your decision of company registration here is the right one. At Shuraa India Branch, we help you find the perfect location for starting your dream venture and assist in the associated paperwork too.
Our team of legal investors and business consultants has already helped more than 25,000 companies prosper in the Dubai marketplace. Get in touch with us to register a new company in Dubai!