Company Formation
Dubai Mainland (DED) Company

Starting a business Dubai is now easier than ever, especially if you are planning to open a Limited Liability Company (LLC). The vision of the Department of Economic Development (DED) of Dubai is finally coming to light in helping business owners launch and expand business without the need for complicated regulations, processes and administration. As such, establishing an LLC company in Dubai can turn out to be a viable proposition.

To set up a Limited Liability Company, there are two jurisdictions in Dubai: Dubai “mainland” on one hand, and more than 30 economic free zones in Dubai on the other. The mainland and free zones offer different advantages to different types of business, and if you are a Limited Liability Company you get to take advantage of various privileges.

To Get started you will need

  • SPONSOR
  • LICENSE
  • PHYSICAL OFFICE
Free Zones

Free Zone or free trade zone is an area with special tax-free status and low trade barriers where goods can be manufactured, imported/exported, handled, or reconfigured without paying any customs duty. Free trade zones are generally located in the strategic geographical locations like national borders, international airports, and major seaports to maximize trading advantages.

UAE free zone company setup is smooth and hassle-free, as the Emirates government has eased the company incorporation process to draw maximum foreign investors. With the minimum capital investment, following types of business entities can be setup in the UAE free trade zone:

  • Branch of a foreign or local company
  • Free Zone Establishment (FZE) with single shareholders
  • Free Zone Company (FZC) with 2 to 5 shareholders

There are approximately 45 freezones across UAE among which the most preferred are :

JAFZA

Established in 1985, Jebel Ali Free Zone (JAFZA) is the flagship operation of Dubai based and state owned ‘Economic Zones World’ (one of the world’s biggest developers of Economic Zones, Logistics, and R&D driven Industrial Parks) and offers light industrial units, land, offices, and warehouses on long-term lease. Spread over 48 Square Kilometres, JAFZA is one of the world’s most services driven, customer centric free zones.

DWC

Dubai World Central (DWC) is a massive, multi-phased development centered around the world’s largest international airport. At 140 km2, it is almost twice the size of Hong Kong Island. The self-sustaining development at Jebel Ali, some 40 kilometers south of Dubai city center, includes Al Maktoum International Airport and a cluster of specialized zones. The erstwhile Dubai World Central Free Zone got rechristened as Dubai South Free Zone in 2016.

DMCC

The Dubai Multi Commodities Centre (DMCC) was established in 2002 as a commodity marketplace in heart of Dubai. The DMCC free zone in Dubai is the largest and fastest growing Free Zone in the city and one of the largest in the country. While the core area of trade in the DMCC free zone is focused around gold, diamond, agro, pearl, precious metals and commodities, the Dubai Multi Commodities Centre also recognizes the importance of supporting all the member companies by having knowledge series and internal events.

DIFC

The Dubai International Financial Centre(DIFC) is a federal financial free zone situated in the Emirate of DubaiUnited Arab Emirates. Since it opened in September 2004, the DIFC has attracted high caliber firms from around the globe as well as its region. The DIFC aims to provide a platform for business and financial institutions to reach into and out of the emerging markets of the region.

Ras–Al–Khaimah

RAS AL KHAIMAH FREE TRADE ZONE (RAKFTZ) : The RAK free zone is one of the most cost-effective free zones in the UAE with business friendly environment, ease in regulations for startups, and more importantly, support structure that accounts for growth. With My Business Consulting DMCC, you can rest assure that company in RAK free zone is hassle free!  Due to the RAK Free Trade Zone (RAKFTZ) location, it leads the business sector of the Emirate and has become home to more than 8,000 companies from over 100 countries.

Creative City, Fujairah

Since the company launch in 2007, Creative City has been providing thousands of clients with reliable services in a successful business environment. Creative City aims to create an infrastructure, environment and attitude that will enable media, consulting, communications, design and technology fields to operate locally, regionally and globally from Fujairah.

UAQ FREEZONE

Umm Al Quwain Free Zone is a newly formed Free Zone. It started operation in 2014. Umm Al Quwain Free Zone authority is government backed autonomous arm of Umm Al Quwain emirate in the UAE which is authorized to incorporate business companies with “trade license”. Umm Al Quwain Free Zone companies enjoy the same legal status inside the UAE as any other Free Zone company in the matters of trade, contracts, imports, exports, visa, and banking.

Off Shore Company

An offshore company is a company which does not carry out any substantial business activities in its country of formation and is framed in a law of no tax jurisdiction for the purposes of legally reducing any kind of tax payment and enhancing one’s wealth management. Mostly one would open an offshore company to secure confidentiality over their financial matters and increase wealth without interruption. Offshore companies can eliminate or cut down many types of tax payments such as: Capital gains, V.A.T, Death duty, profits on business earnings and property sales. An offshore company legitimately helps one in gaining confidentiality over one’s financial affairs and growing one’s wealth.

RAK OFFSHORE

Situated to the east of the Arabian Gulf, Ras Al Khaimah is in the northern part of the UAE bordering Oman. Ras Al Khaimah is known for its business savvy regulations and zones, and becoming a Ras Al Khaimah International Company means that your business setup can leverage on various privileges.

Legislation and regulations adopted by Ras Al Khaimah International Company generates international interest for offshore business purposes. RAK IC combines security and confidentiality as entrepreneurs get to take advantage of 0% income, wealth, and sales tax while corporations leverage on corporate tax exemptions.