Business Setup and Company Formation in Dubai
Welcome to Quick Biz, your premier partner for company and business setup in Dubai. Our team of experienced consultants is dedicated to providing you with a comprehensive range of services that will help you establish and grow your business in one of the world’s most vibrant business environments.
WELCOME TO QUICK BIZ YOUR PREMIER PARTNER FOR COMPANY AND BUSINESS SETUP IN DUBAI
Company And Business Setup Services
At Quick Biz, we offer a comprehensive range of services to help you establish and grow your business in Dubai. Our services include:
- Company registration and licensing
- Visa processing and sponsorship
- Accounting and bookkeeping
- Business consulting and advisory services
- Legal and regulatory compliance services
- Market research and analysis
With our expert guidance and support, you can be confident that your business setup will be smooth, efficient, and fully compliant with local laws and regulations.
A copy of your passport
A Ready Business plan
COMPANY SETUP IN DUBAI
Process of Business in Dubai and the UAE
At Quick Biz, we understand that every business is unique. That’s why we provide tailored solutions that are designed to meet your specific requirements. Our team of experienced consultants has a deep understanding of the local business landscape, and we’ll work closely with you to identify the most suitable company structure for your business.
We’ll also provide you with the necessary guidance and support to ensure that your business is set up for success. Whether you need help with visa processing, accounting, or legal compliance, our team of experts is here to support you every step of the way.
Registering Your Company Name
Acquiring a Business License
Completing the Visa Processes
Opening a Bank Account
Register Your Company Name
Acquiring Business License
Completing the Visa Process
Opening a Bank Account
BUSINESS SETUP SERVICES
Choose Your Business Type and Get the Costing Details
BUSINESS SETUP IN DUBAI MAINLAND
Types Of Mainland License In Dubai
In professional license, 100% shares is owned by expat partner and a UAE national is appointed as a Local Service Agent. The license is acquired for non-physical services like consultancy
Companies involved in any sort of commercial trade activity can avail this license, both general and specialized traders need to obtain the license to carry out business operations safely throughout Dubai.
The industrial license in Dubai is issued for those companies that transform natural material or natural resources into other final products and or is into any other type of manufacturing activities.
Dubai provides 3 main types of license namely: Travel agency license as an operator of inbound tourism, Travel agency license as an operator of outbound tourism and Travel agency license as a travel agent.
Company Formation In Dubai
Complete Guide for Business Setup In Dubai, UAE
How to Start a Business In Dubai?
Easy Steps to start a Business in Dubai, UAE
- Decide a legal Structure for business.
- Choose a trade Name.
- Apply for a Trade license.
- Apply for an initial approval certificate.
- Draft an MOA.
- Register a physical office.
Company Setup in Dubai
If you wish to establish a company in Dubai, you may register it either under the Companies’ Registration Scheme (CRS) or the Free Trade Zone (FTR). Both of these provide:
- Free registration.
- A system of taxation.
- Standard legal and commercial contracts.
- Similar professional service provisions.
Both these schemes provide the same benefits for those wanting to set up a company in Dubai. Our company formation consultant’s legal and professional services during your company set up in Dubai are numerous. Depending on the nature of your requirements and business setup, you can take up the benefits of our corporate tax consultant to address your concerns or needs.
What is a general Trade License in Dubai?
Anyone who is looking to establish a business in Dubai must have a general trade license. If you are involved in multiple trades in different industries, a general trading license will cover it. The general trade license in Dubai includes import, export or trading of items such as clothes, furniture, accessories, electronic equipment, etc. Anyone who wants to conduct wholesale businesses should also possess the general license for trade. One benefit of a generic trade license is that a company can work business within Dubai and other Emirates. It is crucial to remember that some controlled products like alcohol and pharmaceutical products such as frozen food items, pharmaceuticals, and others require special authorization from the authority in question to be traded. With the abundance of opportunities on both international and national markets, traders have the advantage of taking advantage of every trading opportunity.
Company Setup in Dubai
WE WORK CLOSELY WITH ALL GOVERNMENT AGENCIES.
Exceptional Customer Service and Support
Whether you’re an entrepreneur looking to start a new business, or an existing business owner looking to expand your operations to Dubai, we have the expertise and experience to help you achieve your goals. Our services include company registration, licensing, visa processing, accounting, bookkeeping, and much more. We’ll work closely with you to identify the most suitable company structure for your business, and provide you with the necessary guidance and support to ensure a smooth and efficient setup process.
Our team of consultants has a deep understanding of the local business landscape, including regulatory and compliance requirements, local customs, and market trends. We use this knowledge to provide you with tailored solutions that meet your unique needs and help you achieve your business goals. Our services are designed to help you save time and money, reduce your risk, and improve your chances of success in the competitive Dubai market.
Here are some general steps to follow for starting a company in Dubai:
Choose a business activity and legal structure: Determine the type of business you want to start and the legal structure that best suits your needs.
Select a company name: Choose a unique and relevant name that complies with local naming conventions.
Register your company: Register your company with the Department of Economic Development (DED) and obtain a trade license.
Obtain necessary approvals and permits: Obtain any necessary approvals and permits from other regulatory bodies, depending on the nature of your business.
Open a corporate bank account: Open a corporate bank account to facilitate business transactions and manage finances.
Rent an office space: Rent an office space or business center that meets your requirements and budget.
Hire employees: Hire employees, if necessary, and apply for visas and work permits.
Ensure compliance: Ensure compliance with all legal and regulatory requirements and obtain any necessary certifications or licenses.
Please note that the exact steps and requirements for starting a company in Dubai may vary depending on the specific business activity, legal structure, and other factors. It’s recommended to consult with a professional business setup consultant for personalized advice and support.
Yes, a non-resident can own a business in Dubai. However, they must follow specific regulations and legal requirements, such as obtaining a residency visa and business license.
There are no specific minimum capital requirements to set up a company in Dubai. However, the amount of capital needed will depend on the type of business and the company structure.
Mainland companies are registered with the Department of Economic Development (DED) and can conduct business within the UAE and internationally. Free zone companies are registered with a specific free zone authority and can only conduct business within the free zone and internationally.
There is a lot of confusion with different types of business that can be set up in Dubai via a “foreign entrepreneur”. There is also confusion about the requirements of local UAE-based sponsors to start a business in Dubai.
So, do we really need a UAE citizen as a Local Sponsor to set up our business?
The actual answer depends on the nature of the business you select to set up whether it will be located on the UAE mainland or the Dubai free zone. These are the #2 major factors that will determine if there will be a need for a local sponsor to start a business in Dubai.
A local sponsor from the UAE is a must if a foreign investor wishes to set up his business in the UAE mainland. The local sponsor must be a UAE citizen, but this is not compulsory in the case with Dubai free zones. If you are planning to set up business in the “UAE mainland”, then 51% of the business will be managed and owned by the UAE’s local sponsor.
So if any foreign investor is planning to set up business in the UAE, it is important to understand the various business setup procedures. The businesses can be set up in Dubai mainland through:
- Individual Sponsorship
- Corporate sponsorship
- Local Service Agent
Dubai is known for its diverse business landscape, and popular industries include real estate, tourism and hospitality, finance, technology, and retail.
The time it takes to set up a business in Dubai can vary depending on the type of business and the company structure. Generally, it takes around 1-2 weeks to obtain a business license and up to 2 months to complete the entire company formation process.
Company owners in Dubai can obtain a residency visa by fulfilling specific criteria, such as having a valid business license, renting office space, and providing proof of financial stability. The process can take up to 3-4 weeks to complete.
The cost of setting up a new company in Dubai can vary depending on several factors, such as the type of business activity, the location, the legal structure of the company, and the services required for registration. Here are some of the major costs you can expect to incur when setting up a new company in Dubai:
Trade Name Reservation: A fee of AED 660 is charged to reserve a trade name.
Initial Approval: A fee of AED 310 is charged for initial approval of the company.
Business License: The cost of a business license in Dubai can vary depending on the type of business activity, legal structure, and location. A commercial license can cost anywhere between AED 10,000 to AED 15,000, while a professional license can cost between AED 5,000 to AED 10,000.
Office Space: The cost of office space in Dubai can also vary depending on the location and size of the office. You may choose to set up a physical office or rent a virtual office depending on your business needs.
Visa Costs: The cost of obtaining visas for you and your employees can vary depending on the number of visas required and the category of visa.
Professional Fees: If you choose to work with a consultant or a law firm to set up your business, there will be professional fees associated with the service.
Overall, the cost of setting up a new company in Dubai can range from AED 20,000 to AED 30,000 or more depending on the factors mentioned above. It’s important to research and understand the costs associated with setting up your specific type of business in Dubai, and to work with a knowledgeable business setup consultant who can guide you through the process and help you save costs where possible.
The annual maintenance costs for a business in Dubai can vary depending on the type of business and the company structure. Generally, the cost ranges from AED 5,000 to AED 10,000 or more, depending on the legal and government fees, office rent, and other expenses.
The costs associated with obtaining a business license in Dubai can vary depending on the type of business and the company structure. Generally, the cost ranges from AED 5,500 to AED 17,000 or more, depending on the type of business, the licensing authority, and other requirements.
The cost of renting office space in Dubai can vary depending on the location, size, and quality of the office. Generally, the cost ranges from AED 50 to AED 150 per square foot per year, depending on the location and quality of the office.