Company Formation in Dubai: Process and Benefits
The UAE is one of the top business hubs in the world and Dubai is at the epicenter of global trade in the region. With a perfectly strategic location, Dubai offers several business opportunities to multi-nationals, SMEs and startups.
Even post the onset of COVID-19, UAE was one of the few countries to recover rapidly and show growth. Businesses have now almost returned to normal methods of working and a surge of e-commerce businesses have also been observed.
How to form a company in Dubai in few simple steps?
- Choose your business activity
- Choose your business name
- Understand UAE free zone costs and determine the best free zone in Dubai best suited for your business
- Apply for a business license
- Choose your company type
- Choose your office space
- Apply for your visa
What are the benefits of company formation in Dubai?
- Diverse economy
The UAE is no longer reliant on oil and gas and is now home to several other industries such as healthcare and hospitality, technology, etc.
- Strategic geographic location at the heart of modern trade
The UAE offers connectivity to Europe, the Indian Subcontinent and the Far East and Dubai is a dynamic business hub located at the heart of global trade
- Business-specific ecosystems
Dubai offers suitable ecosystems for all kinds of business setups — physical or online so that companies can work more efficiently in a community that suits their business needs.
- Low tax rates
The most common tax in the UAE is the VAT that is only 5 % as compared to tax charges in other countries
- Several business setup services and packages
Free zones in Dubai offer several company formation packages with customizable features to cater to every business’ needs.
- Easy setup process
Be it a physical business setup or remote business setup, the process is relatively simple with the respective free zones offering support at every step of the business setup process.
