Business Setup In Dubai, UAE

Opulent lifestyle, well-paced corporate framework and a successfully growing economy
characterize Dubai and place it among the top business hubs in the World. The growing
attraction of the City has led many young business owners dreaming of their Dubai
business Startup. With the promise of numerous business opportunities and perennial
high volumes of Trading activities, Dubai attracts both big and small enterprises alike.

While the Government is open-armed to businessmen contemplating new business set
up in Dubai, one must adhere to the strict rules and regulations of a company set up in
Dubai.

The flow of any new business must be seamless – from a well-planned Start to the
strategic steps towards Establishment. This is where Al Zora comes in! We not only
facilitate the right mix of company set-up solutions (link to services page) but also help
you make it big in the Dubai business sphere.

TYPES OF BUSINESS STRUCTURES IN DUBAI

Setting up a business in Dubai isn’t a herculean task if you follow a stepwise approach
that focuses on all the regulations and best practices. Choosing an experienced
business setup consultant will help you focus on your business while the nitty-gritties are taken care.

Before you begin your process of setting up a company in Dubai, here are the types of
business structures that exist in UAE:

• Onshore Businesses: These companies accomplish trade within the local UAE
market as well as Worldwide. Based on the business profile, an on-shore
company needs a UAE national or a local service agent to be its local sponsor.

• Free-Zone Businesses: Such companies do not need any local sponsorship and
can be owned 100% by expatriates. They can conduct business in UAE with
some imposed restrictions.

• Off-Shore Businesses: These are Asset companies that can be owned
completely by expatriates. This kind of structure is perfect for international
business.

If you are wondering how to set up business in Dubai, here is an overview of the
process:

• Select a local sponsor: The process of business setup in Dubai requires the
Company to have a minimum of 51% stake of UAE nationals. The exceptions to
this requirement are

o Free zone setups

o 100% Local ownership requirement by law

o Setting up of a branch or representative office of foreign firms

• Decide on the name of your Company

• Decide the location where you want to set-up

• Draft a Local Service Agreement or MOA

• Submit the MOA and application for a License.

Here are some services required for a Dubai business setup based on different types of
business owners we cater to:

• Corporate businesses:

1. Adherence to the rules and regulation of the jurisdiction

2. Appointment and inclusion of directors based on industry

3. Registered office setup

4. Incorporation requirements of local administration

• Financial establishments or fund managers:

1. Assistance in setting up fund services while keeping in sync with the
jurisdiction

2. A plethora of finance and administration services
We at Al Zora, help you set up your business in Dubai without having to worry
about the paperwork, legal and compliance requirements. We take care of
everything because, with 10 years of extensive global consulting experience, we are just about PERFECT at it!

3. Transfer and security services

4. Depositary and liquidation services

5. Risk management capabilities

• Private and small client run businesses:

1. Family succession planning

2. Other personal assets planning

3. Trust setups

4. Property search & banking services assistance

At Al Zora, we offer end-to-end services tailor-made to your business needs with a track record that’s proven and trusted worldwide. So, trust us if you plan to set up business in Dubai and accelerate the success of your business!