Why Set Up a Company in Dubai?

Constructive use of UAE Company Formation in the Dubai can yield the investor significant advantages. Tax, Security, Confidentiality and Lifestyle advantages. Read about the Dubai Offshore Company Advantages and the Dubai Free Zone Company Advantages.

Advantages of a Dubai Offshore Company

• Activities allowed ONLY outside the UAE
• No residence visa is issued (except for a JAFZA offshore license with office space in JAFZA)
• Foreigner can own 100%
• Able to have UAE bank accounts and worldwide bank accounts

Advantages of a Dubai Free Zone Company

• Only able to trade freely within the free zone areas and worldwide – Dubai Free Zone Companies and RAK Free Zone Companies can also render services locally in the UAE as long as the services are not under a regulated regime (banking, investment, medical etc.)
• 100% foreign ownership permitted
• Residence visas are issued
• Goods out of the free zone and into mainland UAE must pay a 5% customs duty
• Office space is required within the free zone
• Able to open UAE bank accounts and accounts worldwide
• Membership of the Chamber of Commerce through the relevant office in the specific Free Zone

Advantages of a Local Dubai Company or a Dubai Professional Firm

Well first you enjoy ALL the advantages enjoyed by the Dubai Offshore Companies and the Dubai Free Zone Companies PLUS+ the added significant advantage of conducting any business activity (subject to approval) without ANY restrictions in any location in the UAE and the Gulf / GCC region. A huge market with exciting potential.

Dubai Company Incorporation – Establishment Procedures

The 5 Stages of the Company Formation Process in Dubai

FBS EMIRATES are up-to date with ALL new laws and regulations and with our help you can cut through the whole process quite easily with minimum involvement on your side.

Below is a brief outline of the Main Company Formation Stages in Dubai, UAE.

1. Initial Consulting

It is valuable that FBS EMIRATES provides free initial advice on Dubai Business Set Up. This is so as you DO need Our Services since there are many different options for company formation and complex residency and labour and immigration regulations as well as complex processes, red tape and requirements.

2. Documents – Licensing – Formation

Once all the necessary documents have been obtained from you and certified, the incorporation process starts.  The Company, at the completion of this stage is Legally Formed and Licensed and Ready to Operate.

3. Bank Account

Bank Account Opening in Dubai comes next. A very important stage as Dubai Companies with no bank account are considered by Tax Authorities and market counter-parties as Companies without economic substance in most cases and therefore not useful or practical. In our capacity of Official Professional Introducer with many banks in Dubai and internationally you can rest assured the account opening will be fast and quite smooth. We will handle the process and guide you through the documentation requirements.

4. UAE Visas

Immigration Residence Visas and Emirates ID is then obtained for you, your family and your staff. All details and actions required will be handled efficiently. Generally the medical examination takes a maximum of 5 working days, although this can faster with an urgent medical application.

5. Establishment and Set-Up

The next stage, with our support, involves setting up the corporate image (business – office address, telephone answering, logo, business cards, and website) as well as substance (premises, telephone, utilities, virtual office, staff, business plan). We can discuss what is appropriate for your case.

Summary of Our Simple 8-Step Approach to Your UAE Company Formation Process in Dubai

Our Simple 8-Step Process aims at addressing all the actions and decisions necessary to successfully, smoothly and in a problem-free fashion Form, Set Up and Establish Your Dubai Company and Business in Dubai, UAE.

Our 8-Step process revolves around 8 central actions and related decisions for your UAE Company Formation:

Choosing a suitable Dubai-based Company Formation Expert and Consultant and submitting to them the Required Documents and Forms and obtaining a proper consultation.

From then on with our guidance comes deciding on the Business and License Type and a specifically chosen Dubai Location and Registration Authority to set up the company, Deciding on Ownership Type, Choice of Legal Form, Deciding on UAE, Dubai Company Trade Name, Determining Share Capital – Shareholders – Managers, Deciding where and with which Bank to open a Bank Account with and finally setting out plans for Establishment Logistics – Premises, Marketing and other set up work.

How We Help You in the Dubai Company Incorporation Process …and after

• Collect all Dubai Company Owner identity and passport personal documents, CV, bank reference letter, 6-months bank statements, proof of address and a draft business plan and activities list AND in the case of a corporate shareholder the relevant company documents of the shareholding company
• Prepare all incorporation documents for your Dubai Company
• Complete, check and submit all Dubai Company Registration, Bank Account and Visa applications to the relevant bodies, institutions and Authorities
• Dubai Company Name approvals and other governmental approvals (after approval, MOA and application forms will be signed)
• Monitoring and controlling the progress of the Dubai company incorporation process through the various steps ensuring smooth and problem free set up
• Dubai company Bank Account Opening – we introduce banks to clients to act as the Dubai company’s bankers
• Full-Scope professional services to support your Dubai company operations from A to Z (VAT, Tax, Accounting, Bookkeeping, Audit)

Following the Formation Stage our role is to continuously support you in all related matters pertaining to your Dubai company needs for professional services, as required.