Dubai has become the center of attraction for investors pulling in with a lookout for profitable ventures. This is because Dubai provides a great amount of flexibility and freedom for businesses to run all across the UAE. One of the major attractions and benefits of establishing a company in Dubai is zero corporate or personal tax along with an easy recruitment process with no limitation in getting an employment visa.
Dubai is a great space for companies to grow and expand as it provides all the necessary comfort and ease for opening a business. There is no yearly audit and very limited restrictions when it comes to processing legal documents. Apart from this Dubai has great open spaces to rent or lease with very budget-friendly pricing. Other than this, to start and form a business in Dubai is extremely simple and hassle-free. The process of registering a business begins with deciding the sort of commercial activity one is going to be involved in. After which a service agent needs to be put in place who will be holding 51% of the shares in your business. Once this is sorted and the location has been finalized the initial approval has to be received from the Department of Economic Development. Make sure the office is registered in Dubai mainland as it is required for the issuance of a trade license.
These are the necessary documents required for the opening of a business in mainland Dubai:- License Application
- Attested LLC agreement
- Required governmental forms
- Name reservation and initial approval certificates
- External departments approval
- Tenancy contract
- EJARI registration certificate
- Copy of NOC for partners
- Dubai Chamber of Commerce and Industry Registration
UAE Mainland
