Start a Company

STARTING YOUR COMPANY

Fast and easy, now setting up a business in UAE is not as difficult as it used to be. With tons of opportunities and benefits available, UAE awaits you and your business ideas. There are an unlimited number of potential customers that wait for your business venture. To start a company in the UAE, all you need to do is collect and submit all the relevant documents. Along with the application and get it process in less than a week’s time. With the help of Free zone opportunities, bounties await you and your business set up.

SETTING UP A FREE ZONE BUSINESS

Free zones are a facility provided by the UAE government that aids the formation of companies. Free zones offer tax reduction, no taxes at times and also free customs duty benefits to businesses set up in a free zone. Along with these facilities, complete ownership of the business venture remains with the investors.

Where in normal cases, to start a company in UAE you need the involvement of a local sponsor or LLC, but in free zones, this is not the case. A local sponsor is a business partner that must contribute to 51 % of the assets and must also be entitled to an annual fee.

However, in freezones, investors can set their companies without an LLC and are entitled to 100% repatriation of monetary profits. A Free Zone Establishment may only have one shareholder, whereas a Free Zone Company may have two or more shareholders. There are over 45 free zones in UAE so that there is no dearth of business opportunities.

WHAT TYPE OF BUSINESS WILL YOU START?

There are numerous types of businesses that specialize in various things that you can choose when you want to start a company in the UAE. The business license you will require also depends on this business type. You can choose from a wide range of options such as commercial, industrial or professional licenses for your business.

Even though there is no restriction on the kind of business you can venture into in the UAE. It should be noted that certain business types require more scrutiny from the UAE government. Such as food and jewelry related and also veterinary practices. If you choose a free zone, each free zone also has a particular set of rules and regulations pertaining to the types of business to be set up that need to be followed.

CHOOSING CONVENIENCE

As you want you start a company in the UAE, you must keep in mind that there are certain factors that you need to pay some attention. These include the funds available for the venture and a location that is both accessible and suitable.

Accessibility to the company by the client or customer is of utmost crucial. If the location of the company is such that it is difficult to locate, it might lose or put off potential customers. Even if you choose a free zone, you still need to evaluate the distance and the overall costs.

VISA REQUIREMENTS

In order to start a company in the UAE, you must first obtain a relevant and valid visa. Visas are available for almost all business types in the UAE as businesses are encourage to a massive extent. However, this does not imply that all businesses looking to set up in the UAE get a visa. The visa depends on several various factors such as the type of business, the size of the overall venture, the category of the number of employees and lastly, the investor involved in all of it.

A sponsor may help you to receive a visa for business without difficulty. When the paperwork is done, and the documents are complete, the process may begin.

NEVER-ENDING BENEFITS OF SETTING UP A COMPANY IN UAE

If you plan to start a company in the UAE. You must also be aware of the unlimited benefits associated with a successfully running business venture in the UAE. Firstly, there is no restriction on currency.

This means that you as an investor can create a business using any currency that you please according to the place you come from. Along with this, a huge monetary benefit to investors of businesses in the UAE is that they are not entitled to pay any corporate tax. Or personal income tax and thus the business is not subject to cash outflow problems.

Also, the hassle-free procedure is something that attracts everyone. After all, documents are collected and the necessary paperwork out of the way. It may less than a week to get your business running and blooming.

Lastly!

The UAE is increasingly becoming the best-regarded place for businesses. It welcomes businesses of all types to come and bloom. The stable economy, the steady growth, and the huge potential clientele attract all investors. Who want to invest their money in a profitable venture. The tax-free regime and the numerous benefits provided by the free zones create ease and fasten up the process. Being fun and profitable for all interested ventures. So start a company in the UAE without any anxiety related to the future. And believe in the success of your entrepreneurial skills.

UAE Business Zone provides you with all the related instructions and important things that you need to keep in mind while you start a company in the UAE. While it is not a troublesome process, there still are areas that can be deal with due diligence.  We make sure that your procedure goes smoothly and you find no visa-related problems. We are always at your service.

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