RadiantBizRadiantBizRadiantBizRegistering a business in the UAE, also known as company registration in Dubai, is a process of legally establishing a new company to conduct business in the region. This involves several steps, such as gaining approval for the company name, choosing a business activity, submitting necessary documents, and obtaining a trade license. One significant advantage is that companies registered in the UAE allow 100% foreign ownership, full profit repatriation, and various other business benefits. This makes it a popular choice for foreign investors seeking tax savings, ease of doing business, a high-quality lifestyle, and advanced business infrastructure.
There are diverse options for company registration in the UAE, offering different business licenses and activities to match specific requirements. RadiantBiz provides comprehensive assistance tailored to individual business needs, guiding investors through the company registration process.
The UAE offers three main jurisdictions for company registration: Mainland, Free Zone, and Offshore. Each has various company setup packages, and the cost of setting up a company in the UAE depends on the selected business activity and jurisdiction.
Recent changes allow Mainland Companies to be fully owned by expatriates, following the Cabinet Resolution of 2021. However, certain regulations must be met based on the business activity and sector.
Free Zones and Offshore Companies can also have 100% expatriate shareholding, each with unique characteristics and governing laws. The minimum cost for company registration in the UAE starts from AED 8,050 in Free Zones, with variations based on facilities and visa availability. Trust RadiantBiz to guide you through the process and establish your business successfully in the UAE.
The Company Registration Process in UAE is well structured with a set of activities to register the company successfully. RadiantBiz will handle the complete process of the business registration in UAE. The Team provides unmatched support until the company documents are delivered to the investor and beyond. The process of company registration in UAE starts with choosing the right tradename and getting the approval. Then the investor must choose the right business activities under their trade license.
The company is legally entitled to conduct trade or offer services depending on the chosen business activities. Next step in the registration process is the submission of the application form, supporting documents, investor profile, etc. to the respective authorities. Investor has to pay the trade license fee to obtain the company documents and trade license. Now they can apply for an investor visa and bank account. RadiantBiz will assist in the end-to-end business support services in UAE for new business registration and beyond. Following are the Step by step company registration process in UAE.
Finalize the company name and business activity. The Trade Name must be approved by the authority to start the process of company registration. RadiantBiz will coordinate and submit documents for company names and facilitate business activity approval. It is an important step in the company registration process in Dubai. Selecting the right business activity is essential because the trade license will reflect the selected list of business activities. Business can only trade in the selected list of business activities included in the trade license.
Prepare all the required documents, shareholder details, and arrange for the document submission to the respective authority. In the UAE, the company can be opened without the actual presence of the shareholder. RadiantBiz team will coordinate the processing of the company license and other documents. The team ensures hassle-free company registration in the shortest possible time.
Apply for the UAE Residence Visa for the investors soon after the company documents are approved and trade license is available. The investors who intend to start a business in the UAE are eligible for a long -term residence visa. RadiantBiz will apply for the company immigration card and UAE Residence Visa. Our Businessmen PRO Agents will assist in preparing the residence visa application form for the investors. Our Team also helps in arranging supporting documents and coordinates the visa processing with the Government Authorities.
The investor has to fly to the UAE for a Medical Test and Stamp Residence Visa on their passport. The processing of the Emirates ID Application requires an in-country medical examination for the investor. After the Medical Examination and Emirates ID Application submission, the UAE Residence visa application will be started for the investor. Our expert PRO Agents will coordinate the Visa documentation, processing, stamping, and delivering the passport to the investor at the earliest.
We coordinate effectively with UAE banks to open company and personal bank accounts. The Physical Presence of shareholders is required when opening a corporate bank account as part of KYC Compliance. The investor can fly down to Dubai, get the Emirates ID, Medical and Corporate Bank Account opened all at one go. The paperwork for bank account opening can be done remotely, the presence is required only for verification purposes. Associate with the right business consultants such as RadiantBiz to represent and act as your agent. Get professional consulting support from our experts in all services related to business registration and allied support services. We have dedicated PRO Service Agents for handling every investor's specific business requirements. The team will coordinate document processing, company registration, collection, and delivery without any hassle for the investors.
Exploring the Various Business Licenses Available in Dubai. Obtaining the necessary license for the activities businesses plan to carry out is a requirement in Dubai. Here is a detailed analysis of the different types of business licenses that you can obtain:
Commercial licenses are required for businesses engaged in any type of commercial trade activity involving goods, commodities, and services. Some activities that fall under this license include logistics, car rental, and real estate brokerage.
It is advisable to restrict the number of tertiary activities associated with the main action to a maximum of ten per license. Prior to applying for a commercial license, it is crucial for a company to establish the specific activities it intends to carry out.
Industrial License Businesses involved in manufacturing or industrial activity must obtain industrial licenses. These licenses enable businesses to efficiently gather and handle materials, whether they are sourced locally or imported.
Industries that necessitate an industrial license encompass food production, textile manufacturing, metal processing, equipment and engine production, petroleum products manufacturing, and paper production.
Individuals and businesses are granted professional licenses based on their specific skills and educational qualifications, allowing them to provide professional services.
Various activities are covered by a professional license, such as:
One of the key benefits of obtaining a professional license is the ability for foreign investors to achieve full ownership of their business.
Obtain your tourism license today! Businesses that provide tourism-related services must obtain a tourism license as a requirement. These establishments encompass a wide range of offerings, such as accommodations in hotels, campsites for tourists, rentals of luxurious cruise boats, dining experiences at restaurants, cozy guest houses, and expert travel agencies. By obtaining this license, all tourism-related activities are guaranteed to meet the high standards established by the Department of Tourism and Commerce Marketing.
Agriculture license is a mandatory requirement for individuals or businesses engaged in activities related to agriculture. This encompasses:
Individuals or businesses engaged in skilled manual labor, such as plumbing, carpentry, and electrical work, can obtain craftsmanship licenses.
Applying for this license is necessary for any company that hires an artisan for a particular task.
Cost of registering a business in the UAE involves various factors that determine the Company registration cost. This includes the level of involvement from shareholders, the nature of economic activities, and the number of visa applications. To initiate operations in the province, a registration fee is mandatory. It's important to note that additional enhancements to the registration process may incur extra costs.
For those looking to establish a Limited Liability Corporation (LLC) in the UAE. The cost of company registration in Dubai ranges from ranges between AED 22,000 and AED 24,000. On the other hand, if you're considering registering a firm in one of the free zones, the business registration cost is approximately AED 15,000. It's essential to be aware of these costs and factors to make informed decisions when registering company into the UAE.
Certain business activities may necessitate obtaining additional approvals and ensuring proper document clearance from the relevant authorities. Service fees are typically charged by business consultants for carrying out tasks related to company formation and PRO Services.
| Description | Services License Fee | Trading License Fee | General Trading License Fee | |
|---|---|---|---|---|
| Sole Establishment | Civil Company | Limited Liability Company | Limited Liability Company | |
| Trade Name Submission | AED 776.50 | AED 776.50 | AED 776.50 | AED 776.50 |
| Initial Submission Approval | AED 256.50 | AED 256.50 | AED 256.50 | AED 256.50 |
| Virtual Office with Ejari & Tenancy for 1 year | AED 10,000 | AED 7,000 | AED 10,000 | AED 10,000 |
| License Fee | AED 8000 | AED 9000 | AED 13,000 | AED 30,000 |
| Total Dubai Company Setup Cost | AED 19,033 | AED 17,033 | AED 24,033 | AED 41,033 |
Between AED 25,000 and AED 27,000 is the amount that must be paid in order to register a LLC Corporation in Dubai. The charge is different for each industry type and service that is being provided.
Because there are various types of businesses in Dubai, each would require its own set of papers.
The following documents are required for registering a business in Dubai:
Registering a business in Dubai requires obtaining a business license that aligns with the specific services or products you intend to offer in the region. Starting up an online business follows a similar pattern. The Business registration and licensing processes for businesses can differ based on factors such as the nature of the business, the specific trade activities involved, and the chosen free zone within the region.
There are many Free Zones and Authorities in UAE between corporate registrars and free zones to provide logistics services for business:
RadiantBiz is known for its hassle-free business setup and for obtaining quick business licenses in Dubai. We get you through with the third-party approvals along with the ones that are issued by the government authorities.
With more than 15 years of experience in corporate banking, our expertise in the domain will guide you with opening a business bank account in Dubai. We will help you with selecting the right bank as per your requirements. We will also take care of the compliance management and documentation that are essential for your business.
Visa is a mandated aspect of having a business in Dubai. It allows foreigners to get long-term visas for themselves and their families, and it acts as permission to remain in the nation and do business. We will help you get a residency and a business visa in no time. Furthermore, our PRO services are the most trusted resource when it comes to getting things done quickly or representing your business in the UAE.
Accounting is essential to a business and keeps track of the financial health of the company. Despite the UAE government’s tight regulations regarding tax compliance, it is crucial to fully comprehend the legal and financial aspects of your business in addition to your taxes. Bookkeeping is another major part of a business, it helps you track daily records, invoices, and financial receipts and in turn, helps with the accounting process.
Drop your details to request a call back from our experts.
Get in touch with us now.