Agile Consultants now assists with starting your dream venture. We understand running a business is not easy; however, we can definitely make the beginning of your journey smooth and hassle free.
With us, you can avail the best business setup packages in the UAE and receive regular updates at every step of the company formation and business license process.
If you are looking to set up a business in Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Fujairah, or Ras Al Khaimah, contact us today! Our company formation & business setup specialists can guide you regarding the best trade license for any Emirate that is apt for your business.
DOING BUSINESS IN THE UAE
For starting a business in any of the UAE Free Zones, you are required to complete three main steps: obtain your business license, get your UAE Residence Visa, open a corporate bank account. With a perfect planning, the entire business setup process should take from 1 to 4 weeks.
To conduct your business in UAE Mainland, you will need to register your business entity with the DED (Department of Economic Development), which will then provide you a business license to conduct business in the UAE. Mainland companies can practice any industrial, commercial, trading, professional, or tourism activity.
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The key difference is that companies under Free Zone Authority are restricted to do business within specified areas only. While companies under mainland can operate anywhere inside and even outside of UAE.
You will not need a local sponsor if you are setting up your business in a free zone. However, you will need a local sponsor if you are planning to set up your business on the mainland. The role of your local sponsor depends on the company’s legal type and activity.
A foreigner can start their business either through any of the following – Mainland Business, Freezone Business, or Offshore Business. Each has their own set of rules and regulations. Freezone business setup is easier & quicker than mainland business in Dubai however, has restrictions in terms of office location.
You can set up your business remotely if it is a free zone company. However, for a mainland company, you will need to give the power of attorney to a professional business consultant who can take care of the formalities on your behalf while you are out of Dubai.