The UAE is a country of opportunities for both living and doing business. If you open a company in Dubai or another Emirate, you will receive simple and understandable procedures at all stages of business registration, political and economic stability, 0% income tax. All this gives a lot of opportunities for foreign investors. A firm in the UAE will give your business incredible opportunities for growth.
How to open a company in Dubai Before registering a company in the state, it is necessary to:
choose the appropriate type of company;
determine the types of entrepreneurial activity;
approve the name of the company in the Department of Economic Development;
determine the FEZ for the residence;
prepare documents and legalize them;
apply for registration.
The composition of the package of documents depends on the type of company being opened, the number of shareholders and their status, the requirements of the free economic zone. Most often, owners are required to:
business plan;
copies of passports of the owner and shareholders;
samples of signatures of the director and shareholders;
constituent documents of the company;
financial statements for the last 2 years for legal entities.
All documentation must be legalized. To do this, you need to translate the documents into Arabic and notarize them. Next, you need to submit documents to the Embassy of the Emirates and the Ministry of Foreign Affairs of the UAE. After submitting the documents, you need to:
obtain licenses for the selected activities;
issue resident visas for owners, co-owners and employees;
get an immigration card of the company.
After opening a bank account, renting an office and obtaining permits, you can conduct legal activities in Dubai. Types of companies in Dubai The following types of companies can be opened in the Middle Eastern state:
Mainland company within the country (“mainland”);
A company in a free economic zone (FEZ);
International Offshore Company (International Business Company).
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Imkaan Real Estate is a real estate company based in Dubai, UAE. They specialize in helping people find the perfect home or investment property, ranging from luxury apartments to spacious villas.
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