In today’s globalized business landscape, entrepreneurs are no longer constrained by geographical boundaries. Dubai, UAE, has emerged as a premier hub for international business, offering streamlined policies and the attractive option of 100% foreign ownership.
Can you register a company in Dubai without being physically present in the UAE? The answer is a resounding yes. This guide will walk you through the entire process of setting up your business in Dubai, whether you’re in Europe, America, or enjoying a vacation anywhere in the world, with the help of a reputable business advisory firm.
Why Start a Company in Dubai, UAE?
Dubai offers a unique blend of advantages that create an attractive ecosystem ripe for business success, whether you’re in tech, finance, logistics, or any other sector. Here are some reasons why you should consider starting a business in Dubai:
- Strategic location between East and West
- Tax-friendly environment
- World-class infrastructure
- Political stability throughout the United Arab Emirates
- Diverse, skilled, and multinational workforce
- Easy and cost-efficient company formation process compared to many other countries
- No need for a physical presence in the UAE to set up a company
- 100% foreign ownership allowed for most business types
- Easy access to the global market
Overview of Business Setup in Dubai Mainland and Freezones
There are two primary jurisdictions for company formation in Dubai. To start a company here, you must choose the jurisdiction suitable for your business needs and target customers.
- Company Formation in Dubai Mainland: A mainland (onshore) company in Dubai allows you to conduct business targeting the entire UAE and international market. You will also be eligible for contracts awarded by UAE government entities. Although it’s now possible to own 100% of your onshore company in Dubai, you might need a local sponsor for specific business activities.
- Company Formation in Dubai Freezones: There are more than 20 freezone authorities in Dubai, offering specific benefits like 100% foreign ownership, tax exemptions, and simplified business setup procedures. Each freezone is designed to cater to a specific business sector. When setting up a freezone company in Dubai, you must choose one that aligns with your business goals and target market. However, you will be restricted to operating your company only within the freezone jurisdiction.
Steps to Register a Company in Dubai – Remotely
To register your company in Dubai remotely, we advise working with a reputable business setup firm such as Corporate Business Services (CBS). Such firms know how to navigate the legal framework and can streamline the process by handling paperwork and liaising with authorities on your behalf.
Follow these steps to register your company:
- Book an online free consultation with expert business advisors in Dubai to discuss your business needs and goals.
- Receive a personalized proposal based on your objectives and business plan.
- Choose a suitable structure and business license type in Dubai that aligns with your business activity and jurisdiction.
- Provide a unique company name. CBS experts can help you obtain a trade name certificate from the Dubai Department of Economy and Tourism (DET).
- Prepare and submit all required documents to relevant authorities.
- Obtain initial approvals from relevant authorities.
- For mainland companies, secure a lease agreement for office space. (CBS offers fully furnished office space in downtown Dubai, just a 2-minute walk from the Dubai Mall metro station.)
- Pay the license fee and wait to receive your business license in Dubai.
- Use your new business license to apply for visas for yourself and other employees under your company.
- Open a business bank account in the UAE.
Get a Free Consultation From Expert Advisors in CBS
Corporate Business Service (CBS) is a reputable and experienced business advisory firm in Dubai, UAE, with over 17 years of experience in assisting investors and entrepreneurs in setting up their businesses in Dubai. We offer comprehensive business consultancy services, including:
- Company formation guidance
- License and permit acquisition
- Visa processing
- PRO services
- Office Space Leasing
- Business Advisory Services
- Accounting and auditing support
Our team of experts can guide you through every step of the process, ensuring a smooth and efficient company setup, even if you’re based outside the UAE.
Ready to start your business journey in Dubai? Book a free and personalized consultation with Corporate Business Service (CBS) today.