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In the UAE, a company also has the option to be established in one of three locations: the Mainland, the Free Zone, or the Offshore. Specifically, the Department of Economic Development of each emirate holds the responsibility of issuing licenses within the mainland. Moreover, in Free Zones, licensing falls under the jurisdiction of the relevant Free Zone Authority. Similarly, in cases involving offshore jurisdiction, the Offshore Authority assumes the responsibility for licensing.
Limited Liability Companies (LLC) are one of the most popular form of commercial entities that entrepreneurs and corporate can establish in the UAE. We help you in End-to-End Business Setup in Dubai & Abu Dhabi Mainland
Free zones are geographically demarcated areas within the UAE (even if most of them are not fenced or gated) permitting 100% foreign ownership and are in most cases, dedicated to a specific industry. Request multiple options
Dubai or UAE Offshore Company’s are any legal entity established with the purpose of making a profit, outside the country of residence is an offshore company. No physical office required for Off Shore Company in UAE.
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Major licenses get issued to operate in the UAE. These licenses have business endeavors like
Professional License is for firms undertaking service-oriented endeavours. It is needed for activities like consulting. The cost of professional license issuance is less.
Commercial License – is for business establishments undertaking selling and buying goods, services or trading. These licenses are common in the UAE
Its for Firms involving the manufacture of goods also for industries and factories. Get approval from government departments and external ministries for your industrial activity.
Primarily, within the diverse business landscape, there are several types of companies to consider. Furthermore, these include the Limited Liability Company (LLC), Free Zone Company, Offshore Company, Branch Office, and Representative Office.
Furthermore, access to tax exemptions, alongside a strategic location for global trade, simplified business setup procedures in free zones, and also the opportunity for 100% foreign ownership in certain free zones, are among the key advantages.
It varies based on the type of company, but typically, you’ll need a local sponsor or service agent, a trade name, legal documentation, and approvals from relevant authorities.
Moreover, mainland companies allow for business anywhere in the UAE and typically necessitate a local sponsor or service agent. On the other hand, Free zone companies, while offering 100% foreign ownership and tax benefits, confine their operations within the specific free zone.
The time frame can vary based on the type of company and approvals needed, but generally, it can take from a few days to a few weeks.
Yes, indeed, in specific free zones, foreigners are permitted to maintain 100% ownership. However, in the mainland, a local sponsor or service agent is typically required.
Expenses are contingent upon various factors such as the type of company, encompassing license fees, office space, visa fees, and assorted administrative costs.
Yes, indeed, for most types of companies, having a physical office space is an essential requirement. However, in free zones, flexible office solutions are often offered, allowing for more adaptable arrangements.
Yes, the UAE is a strategic location for international business operations due to its connectivity, infrastructure, and business-friendly environment.
Moreover, certain specific authorities may require additional approvals or licenses for certain business activities, while they may restrict or regulate others. Furthermore, some activities are subject to specific regulations and require thorough compliance with established guidelines.