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Kailash Pinjani
Asia’s Leading Business
Success Coach
Trained over 216,627 Business Owners in Last 6 Years
70,000+ People Rated My Programs with 4.96 Star
What Happens When You Join?
- You Unlock Secrets To Create Time & Wealth In Business
- You Learn Strong Foundational Activities To Win In Your Business
- Your Business Growth With Increased Revenue & Cashflow
- More Profit, More Freedom, More Scale Is Guaranteed If You Follow The Exact Steps Covered In The Workshop
Corporate Tax & VAT
Expert advice ensures compliance with Corporate Tax and VAT obligations with the Federal Tax Authority (FTA).
Bank Account Opening
Easily open business or personal bank accounts with the UAE’s trusted banks.
Accounting & Payroll
Our accountants manage finances, providing bookkeeping, reconciliation, payroll, and audit support, saving hiring costs.
Compliance Services
Our experts guide you through complex UAE regulatory requirements, including ESR reports and UBO filings.
Golden Visa
Obtain a UAE Golden Visa for long-term residency with a seamless application process.
PRO Services
Delegate admin tasks to our PRO team, focusing on your business while saving time and money.
Legal Services
Legal team advises on UAE’s laws regarding M&As, corporate restructuring, financing, and dispute resolution.
Accounting Services
Our highly qualified accountants will help you efficiently manage your finances. We provide bookkeeping, reconciliation, financial reporting, payroll, VAT reports and audit support.
Business setup in Dubai – the GoGulf way.
Our time-tested process saves you time and money, while removing the headaches of beginning your journey. We know the game. We have the networks. We are the leaders in this space.
Since 2009, our company formation experts have helped more than 80,000 business owners and founders with business setup in Dubai. We’ve done the heavy lifting and helped them navigate a myriad of options, while they focus on their exciting new Dubai company. Our process saves you time and money, while removing the headaches of beginning your journey. Make sure you get set up the right way!
Find out why over 210,000+ entrepreneurs have entrusted their business with us.
What setup option is best for your business?
Business setup in Dubai (or anywhere in the UAE) can be complicated.
Decisions need to be made which can affect your journey and shape your success.
Jurisdiction? Free zone or mainland?
Free Zones
- Retain 100% ownership of your Dubai company
- 0% corporate and income tax rate
- No custom duties
- Option to repatriate 100% of your capital and profits
Mainland
- Business activities not limited
- Operate anywhere inside and outside the country
- No limit on number of visas
Years in business
1
+
Team Members
1
+
Happy Customers
1
+
The process of business setup in Dubai
With GoGulf as your company formation partner, registering a company in the UAE is not only easy, but it’s the most cost-effective way to do it! In fact, the entire process can take as little as 24 hours! That’s right! All you have to do is supply us with the relevant information about your company and we do the rest. Here’s our time-tested process:
1. Prepare Documentation
If you’re an overseas entrepreneur starting up in a new country for the first time, the documentation process can be daunting. We help you to make the right decisions for your Dubai company and handle all of the complex paperwork.
2. Business Licence
Choosing the right licence and applying for it are essential to getting your business setup in Dubai right. Having an in-depth understanding of the dos and don’ts around setting up your business licence will help you to avoid the common traps we see people fall into. For instance, some business categories require prior approvals from certain authorities. A company formation expert will guide you through the necessary requirements to start your business.
3. Visa Process
Private companies can obtain new employment entry permits for their employees provided they apply for residence visa status within 30 days of the employee’s entry into the UAE.
4. Bank Account
Setting up a corporate bank account in the UAE can be a little arduous for international entrepreneurs. It requires careful consideration and there are several boxes to tick to ensure you have everything in place before approaching your bank of choice.
FAQ
Why choose Dubai for starting a business?
So many reasons! Here’s a list of the most common ones:
- The UAE government actively promotes businesses as part of its long-term economic stability plan?
- Dubai offers a tax-friendly environment and competitive labor and financing costs.
- It has no foreign exchange controls, trade barriers, or quotas.
- Dubai is strategically placed for doing business, with easy access to 1.5 billion consumers in Africa, West Asia, Eastern Europe, and the Middle East.
- Our world-class transport links also make it an easy place to attract business to.
- In terms of business setup, the process is straightforward and affordable.
- Dubai has a large pool of highly educated talent and world-class infrastructure, making it ideal for startups.
- Its high standard of living combined with unparalleled safety measures makes Dubai an alluring destination for global talent.
- Conducting market research in Dubai is simplified due to clear procedures and robust legal frameworks.
How does the economy of Dubai support new businesses?
Fortunately, Dubai’s economy was deliberately engineered to boost local business growth and innovation. Through the DED, the UAE government not only promotes entrepreneurship but also ensures economy insurance activities, offering incentives like low corporate taxes and easy business setups.
This focus earns the UAE a 16th placement in the global Ease of Doing Business Index. With a dynamic economy, Dubai magnetizes various industries and, thanks to its strategic location, offers access to extensive markets spanning East and West. The city’s free zones, including DWTC, JAFZA, and RAKEZ, amplify opportunities, while initiatives like Scale2Dubai provide funding for scaling ventures.
What are the steps to set up a business in Dubai?
From a high level, to start a business in Dubai, you’ll want to follow these steps:
- Business Idea: Define your business idea and target market.
- Business Plan: Draft a comprehensive plan detailing objectives, market analysis, and financial projections.
- Legal Structure: Decide between Free Zone, Mainland, or Offshore company structures.
- Trade Name: Pick a name compliant with the Department of Economic Development (DED) regulations.
- Business License: Depending on your activities, apply for a commercial, professional, or industrial license.
- Documentation: Submit required documents like passport, visa, and a No Objection Certificate (for expats) to the relevant authorities.
- Office Space: Secure a physical address, essential for registration.
- Corporate Bank Account: After getting your license, choose a bank that aligns with your business needs and open an account.
- Visas: If hiring, process employee visas. The number is often determined by office size and license type.
- Operational Setup: With administrative tasks done, set up operations and embark on your business journey.
Note: Requirements might vary based on your specific new business setup, so make sure you thoroughly research the next steps for your chosen structure.
What are the differences between setting up a mainland business versus a free zone business?
A mainland business setup in the UAE provides unrestricted access to the UAE market, allowing over 3,000 business activities, unlimited employee visas, and the ability to sponsor family and domestic staff. It’s ideal for businesses targeting the local Dubai mainland market. In contrast, a free zone business setup offers 100% foreign ownership, no personal taxes, unrestricted profit movement, and a simplified setup process. This setup is favored by companies focusing on international markets or seeking specific industry clusters within certain free zones. Deciding between a Dubai mainland and Dubai free zone setup requires careful consideration of your business goals and needs.
- Business Activities: Dubai mainland offers a wider range of business activities, while free zones often cater to specific sectors or industries.
- Trading: If your business involves trading directly with the UAE market, a mainland license could be more beneficial.
- Ownership: If 100% foreign ownership is important to you, then a free zone setup would be ideal.
- Expansion Plans: If you plan to scale up your business within the UAE, a mainland setup might offer more flexibility.
Cost: Setup and operational costs differ between mainland and free zones.
What kind of business licenses are available in Dubai?
In Dubai, there are three main types of business licenses that you can apply for depending on the nature of your business activities:
- Commercial License: This is for businesses engaged in trading activities. It covers a broad range of activities from retail to transportation services.
- Professional License: This is typically for individuals offering their expertise or services. It covers consultancies, accounting firms, and architectural firms among others.
- Industrial License: This license is for businesses that focus on manufacturing or industrial activities, usually involving transforming natural resources or materials into end products.
Each license type is governed by the DED in Dubai. It’s important to define your business activities accurately as each license allows up to ten activities. For businesses in specific Free Zones or looking to operate offshore, there may be different license types and requirements.
What are the legal and regulatory requirements for business setup in Dubai?
Setting up a business in Dubai involves a few key legal and regulatory steps:
- Identifying your business activities: This is essential as it helps in deciding the type of license you’ll need. Each license allows a maximum of ten activities.
- Choosing the legal structure: The legal structure of your company, whether it’s a sole proprietorship, partnership, or LLC, will define how your business operates.
- Applying for a trade license: Depending on your business activity, you’ll need to apply for a commercial, professional, or industrial license. Operating without a valid license can lead to heavy penalties.
- Documentation: You’ll need several standard documents like a completed application form, and passport copies of shareholders. Some businesses may also need approvals from certain authorities.
- Registering Ultimate Beneficial Owners: The UAE requires all free zone and mainland operating companies to register their Ultimate Beneficial Owners for transparency and to avoid illegal transactions.
- Opening a corporate bank account: To conduct business in the UAE, you’ll need to open a corporate bank account.
- Immigration and visa processing: After getting your business license, you can start the visa application process for yourself, your employees, and any domestic staff.
- Adhering to naming conventions: The UAE has specific naming conventions for companies. Your chosen company name must not violate these conventions.
- Compliance with local laws: Businesses must ensure they comply with all local laws and regulations to avoid legal trouble, fines, or even jail time. This includes labor laws, environmental regulations, and others about your specific industry.
Office or physical presence: Depending on the nature of your business and the jurisdiction you choose, you may need to lease an office or warehouse. Considering the many steps and potential complexities involved in setting up a business in Dubai, it can be very beneficial to work with a company formation specialist.
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