26 August, 2023

How to Register and Set up a Company in Dubai From India?

set up & register company in dubai from india

Begin your entrepreneurial journey by seamlessly setting your company in Dubai from India. Unlock the potential of Dubai’s thriving business landscape with a straightforward setup process. With a focus on readability, this guide will walk you through the essential steps, ensuring you navigate the process smoothly. Capitalize on the city’s opportunities while setting up your business remotely from India, opening doors to international growth and success

Steps to Register a Company in Dubai From India

By following these steps, you’ll be on your way to starting your own business in Dubai from India :

  1. Decide What Your Business Will Do
  2. Pick a Name for Your Company
  3. Choose Where Your Business Will Be
  4. Get the Right Papers Ready
  5. Get Your Business License
  6. Open a Bank Account for Your Business

 

  1. Decide What Your Business Will Do: Think about what your company will be doing every day. Make a list of these activities and any special permissions or certificates you might need. You can set up your company in a special zone or in the regular part of Dubai, depending on what you want to do.
  2. Pick a Name for Your Company: Choose a name that’s unique to your business and shows what you do. Make sure it follows the rules in Dubai and doesn’t have any bad words or things that might upset people.
  3. Choose Where Your Business Will Be: Think about where you want your business to be located in Dubai. Different areas have different rules and benefits, so choose carefully.
  4. Get the Right Papers Ready: If you’re setting up your company in the regular part of Dubai, you’ll need to work with someone called a local service agent (LSA). They’ll help you with getting licenses and approvals. You also need to make a document called a Memorandum of Association (MoA) that talks about how your company will work.
  5. Get Your Business License: Depending on where you’re setting up your business, you’ll need to get a license from either the Department of Economic Development (DED) or the special zone authorities. After you have your license, you might need to get approvals from other groups too.
  6. Open a Bank Account for Your Business: Once all your paperwork is in order, it’s time to open a bank account for your company. Find a bank that fits your needs and helps you save money.

 

 

Also Read: How to Apply for Dubai Free zone License : Cost & Requirements

 

What Is the Cost of Company Registration in Dubai?

Here are the list of things which you needs to consider Cost of Company Registration in Dubai.

  • Business Type and Activities:

Different business types (Free Zone, Mainland, Offshore) have varying registration costs. The nature of your business activities also impacts the fees.

  • Location:

If you opt for a Free Zone or specific mainland location, each has its own fee structure. Free Zones may have package options inclusive of licenses, visas, and office space.

  • License Type:

The type of license required for your business activity, such as commercial, professional, or industrial, influences the cost.

  • Office Space:

Renting office space is an additional expense. Some Free Zones offer virtual offices or flexi-desks as cost-effective alternatives.

  • Visas:

Employee visa costs, if applicable, are also a significant part of the expenses.

  • Government and Legal Fees:

These include trade name reservation, notarization, attestation, and registration fees.

  • Consultancy Services:

If you choose to work with a business setup consultant or law firm, their fees will be an added consideration.

  • Miscellaneous Costs:

These encompass additional services like bank account opening, VAT registration, and post-setup operational expenses.

While costs can vary widely, it’s advisable to budget for an initial investment. Engaging with business advisors can help you accurately estimate expenses based on your unique business plans, ensuring you have a comprehensive understanding of the financial aspects of company registration in Dubai.

Documents Required to Register a Company in Dubai From India

List of Documents one Require to a Register a Company in Dubai From India.

  • Passport Copies:

Clear passport copies of all shareholders and directors.

  • Visa Copies:

Copies of valid UAE visas for shareholders and directors.

  • No Objection Certificate (NOC):

If you are currently employed, a NOC from your current employer is necessary.

  • Proof of Address:

Residential address proof for shareholders and directors (e.g., utility bills or rental agreements).

  • Business Plan:

A comprehensive business plan outlining your company’s activities, goals, and strategies.

  • Memorandum of Association (MOA):

Drafted and notarized MOA defining the company’s structure and activities.

  • Bank Reference Letter:

A letter from your bank confirming your good financial standing.

  • Share Capital Proof:

Evidence of the deposited share capital in a UAE bank account.

  • Legalized Documents:

Depending on your home country, certain documents may need to be legalized by the UAE embassy.

  • Application Forms:

Completed application forms provided by the relevant authority.

  • Power of Attorney:

If you are appointing a representative, a power of attorney document may be required.

  • NOC from the UAE Ministry of Economy:

For certain business activities, a NOC from the UAE Ministry of Economy might be necessary.

  • Additional Industry-Specific Documents:

Depending on your business type, there might be specific documents required.

Ensuring all documents are complete, accurate, and up-to-date is essential for a smooth registration process. It’s advisable to consult with experts to navigate through any nuances and ensure compliance with Dubai’s regulatory requirements.

Advantages of setting up a business in the UAE for Indian investors

 

  • Low Taxation Policies

Dubai’s business-friendly environment offers an attractive advantage with its low taxation policies. Companies can often benefit from zero corporate and income taxes, allowing them to retain a larger portion of their profits to reinvest and grow.

  • Population Growth

Dubai’s rapidly expanding population presents a thriving consumer market. Registering your business here provides access to a diverse and growing customer base, increasing your potential for sustainable growth and profitability.

  • Investment Security

Dubai’s stable economy and strong legal framework offer a secure environment for business investments. Stringent regulations and investor protections contribute to a trustworthy ecosystem that fosters both local and foreign investments.

  • Hassle-Free Visa Management

Registering your business in Dubai streamlines the process of obtaining visas for employees and investors. The government’s efficient visa policies simplify immigration procedures, facilitating talent acquisition and overall business operations.

 

What are the most popular sectors and activities for Indian investors in Dubai?

 

  • Real Estate:

Dubai’s property market attracts Indian investors seeking high-value assets and rental income opportunities.

  • Retail and Trading:

The city’s strategic location makes it a hub for trading businesses, drawing Indian entrepreneurs for import-export ventures.

  • Tourism and Hospitality:

Dubai’s booming tourism industry lures Indian investors to hotels, resorts, and travel agencies.

  • Information Technology:

The tech sector entices Indian IT firms looking to tap into Dubai’s tech-friendly ecosystem.

  • Healthcare Services:

Indian investors explore healthcare, including medical tourism, clinics, and pharmaceuticals.

  • Education:

Dubai’s growing expatriate population fuels demand for quality education, attracting Indian investors to schools and training centers.

  • Food and Beverage:

Restaurants, catering, and food distribution are sought after by Indian investors due to Dubai’s diverse culinary scene.

  • Logistics and Transportation:

The city’s logistics infrastructure appeals to Indian investors in freight, shipping, and supply chain management.

  • Financial Services:

Indian investors engage in financial consulting, advisory, and fintech within Dubai’s thriving financial sector.

  • Renewable Energy:

With Dubai’s focus on sustainability, Indian investors explore solar and renewable energy projects.

Dubai’s open economy, favorable regulations, and diverse opportunities make it an attractive destination for Indian investors across these sectors, fostering mutual growth and success.

Conclusion

Embark on a seamless journey to set up your Dubai-based company from India with the guidance of experienced business setup consultants in Dubai. Benefit from their expertise to navigate the legal, regulatory, and operational aspects effortlessly. Establishing your business in Dubai becomes streamlined and efficient, ensuring you tap into the city’s vibrant market and growth potential. Trust in the support of knowledgeable consultants to make your entrepreneurial aspirations a reality while enjoying the ease of cross-border business establishment.